Corporate Affairs

A few days after WarnerMedia said HBO and HBO Max ended 2021 with 73.8 million global subscribers, ad sales president JP Colaco said consumers had been enticed to “sign up in droves” for its cheaper, ad-supported tier. In an online appearance at the TV of Tomorrow Show, the exec declined to provide a breakout of
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NATPE Miami has become the latest major in-person entertainment industry event to be shelved due to concerns over the current Covid spike driven by the highly infectious Omicron variant. The decision, announced Saturday by NATPE president and CEO JP Bommel, comes just 10 days before the annual confab was supposed to start. Organizers of the
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Cinedigm, which has been steadily expanding its streaming portfolio in recent years, is adding 10 new channels, 7,500 titles and entering the ad network business by acquiring Digital Media Rights. Founded by Michael Hong and David Chu, DMR is a distributor, channel and ad network operator and social video curator. The privately held company is
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Comscore has launched Comscore Everywhere, a new suite of measurement tools designed to provide a comprehensive view across streaming, linear and digital. The product is a pre-emptive strike against Nielsen’s forthcoming Nielsen One launch, which is expected by the end of this year. Nielsen remains the market leader in third-party measurement, but it has faced
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Numbers, those longtime pillars of the entertainment business, determiners of pay scale and quantifiers of the hot and the not, are vanishing from public view. Streaming’s inexorable takeover of the industry has altered the once-straightforward process of measuring the performance of TV programs and movies. Of course, there has been grumbling for decades about Nielsen’s
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After negotiations failed to reach fruition, Disney networks including ESPN have gone dark on YouTube TV. Disney had indicated earlier this week it was “optimistic” about the prospect of resolving the carriage dispute. But the parties said the discussions had not resulted in an agreement. YouTube TV surpassed 3 million subscribers as of fall 2020,
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Kenan Thompson has formalized his plans to move into production and talent management. The Saturday Night Live star has launched Artists For Artists with John Ryan Jr., exec producer of Bill & Ted Face The Music, has formed a joint venture with management firm McKeon/Myones Entertainment, and set the company’s first project with boxing champion
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UPDATED with NBCUniversal statement. NBCUniversal and YouTube TV have renewed their carriage deal, averting a potential blackout. In a statement, NBCU said it didn’t want to “involve our fans” in a carriage battle, but felt “obligated” to warn them about the looming impasse last week. “We are thrilled to have reached a deal with YouTube
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NBCUniversal is warning the more than 3 million subscribers to Google’s streaming bundle YouTube TV that 14 of its networks are just “days away” from going dark. The media company did not specify a deadline, but said the impasse is imminent. Programming like fall primetime premieres and NFL football is at risk, NBCU noted. “NBCUniversal
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Tenet and Dune VFX firm DNEG has announced plans to pay overtime to its UK employees in what it calls a “transformative move” that is a departure from industry norms. The award-winning visual effects specialist and animation studio’s previous overtime policy in the UK mirrored the local industry norm of compensating employees for overtime with
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It’s fascinating to watch local governments — New York, San Francisco, Los Angeles, New Orleans — rush to enact Covid vaccine requirements for entry to the publicly accessible spaces of private business, including, yes, movie theaters. I’m not equipped to judge the ultimate propriety or efficacy of such mandates. Frankly, the complexities posed by breakthroughs,
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EXCLUSIVE: The Lincoln Lawyer is heading to court, literally. In what could become both a very revealing and grueling affair for all concerned, A+E Studios subsidiary Frankl & Bob Films II, LLC have sued ViacomCBS for “millions of dollars” in losses over the latter’s spring 2020 decision not to go ahead with a series based
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Hollywood and media industry financing sources have tended to be cyclical, with new money refreshing the old every few years. The current cycle of private equity investment, though, is bucking that history and could extend the M&A wave for years to come, dealmakers say. Transactions like the $900 million takeover of Reese Witherspoon’s Hello Sunshine,
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Cartel Pictures, the company behind Shudder’s Creepshow and Syfy’s upcoming Day of the Dead series, is moving into global distribution. The company is launching Cartel Studios International with operations based in LA and London. The company will distribute its 25 new movies and several series a year. Gary Marenzi is building the team, which will
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Bill Maher unloaded on celebrity candidates for high political office as a “recurring nightmare that we just can’t shake.” In his show-ending “New Rule,” he singled out Dwayne “The Rock” Johnson, Caitlyn Jenner, Matthew McConaughey and Randy Quaid. All have expressed varying levels of interest in running for either governor of California or Texas or
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Hasbro’s thriving analog and digital games business helped its first-quarter profit beat Wall Street expectations, but Covid-19-related struggles in film and TV resulted in only a 1% uptick in revenue. Revenue came in at $1.15 billion, up 1% from the year-ago quarter and just shy of analysts’ consensus forecast. Earnings per share of 84 cents
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