Financial
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WarnerMedia Hires Ex-Hulu Boss as CEO
WarnerMedia Entertainment April 1 named Jason Kilar as its CEO. Kilar, former founding CEO of Hulu, begins his position on May 1, reporting to COO John Stankey. Kilar’s resume involving streaming video will be key as WarnerMedia, whose assets include Warner Bros., HBO and Turner, launches HBO Max in May. He ran Hulu from 2007 … Continue reading “WarnerMedia Hires Ex-Hulu Boss as CEO”
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Kristin Stewart Thriller ‘Underwater’ Surfacing on Disc and Digital April 14
The sci-fi thriller Underwater, starring Kristen Stewart, will come out on DVD, Blu-ray and digital April 14 from Twentieth Century Fox Home Entertainment. The digital version will include an exclusive alternate ending with commentary. Follow us on Instagram The film, which made $40.9 million at the global box office, follows the crew of the Kepler … Continue reading “Kristin Stewart Thriller ‘Underwater’ Surfacing on Disc and Digital April 14”
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Nielsen: Asia Offers Post COVID-19 Media Snapshot
In the timeline of the coronavirus pandemic, China, Hong Kong, Taiwan, Japan and South Korea were among the first to feel the effects of social distancing and quarantining. The regions are now the first to see a possible light at the end of the tunnel. Nielsen, which released new data showing, that similar to the … Continue reading “Nielsen: Asia Offers Post COVID-19 Media Snapshot”
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Trans World Entertainment CEO, Board Out as Company Switches Focus to E-commerce
Trans World Entertainment Corp. March 31 announced the departure of CEO Mike Feurer and four other board members as the former parent to home entertainment retail chain f.y.e. (For Your Entertainment) switches focus to e-commerce facilitator eTailz.com. Feurer had been CEO and a director of the board since 2014. Departing board members include chairman Michael … Continue reading “Trans World Entertainment CEO, Board Out as Company Switches Focus to E-commerce”
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Disney+ Launching in India on April 3
Eager to expand its branded subscription streaming video service worldwide, Disney+ will launch April 3 in India with sister over-the-top platform Hotstar. Disney acquired Hotstar, which reportedly has 100 million monthly views, as part of the $71.3 million 20th Century Fox transaction. India, with the second highest population behind China, has become hotbed for American … Continue reading “Disney+ Launching in India on April 3”
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AMC Networks Bows First International VOD Access in Spain
“AMC Selekt,” AMC Networks’ upstart video-on-demand service, launched its first international operations in Spain. The service will be added to France’s Orange TV at no additional cost. As a result of this first-time agreement, Orange TV platform subscribers can watch more than 5,000 programs throughout the year, in a wide variety of genres including films, … Continue reading “AMC Networks Bows First International VOD Access in Spain”
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Sony Pictures, WWE Partner for India Distribution
Sony Pictures Networks India Private Ltd. and WWE March 31 announced a five-year extension with an expanded broadcast/streaming agreement. The deal will deliver WWE’s weekly flagship programming and localized content in India and the Indian subcontinent, making SPN the exclusive home to WWE in-ring content across its television and digital platforms. After China, India, with … Continue reading “Sony Pictures, WWE Partner for India Distribution”
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Disney Executives Forgo Salary, Perks During Pandemic
While some media companies have set aside tens of millions for displaced workers and production personnel, The Walt Disney Co. is cutting salaries and perks to senior executives as its business units get hammered from all directions due to the coronavirus pandemic. With nearly all business segments either idled or severely curtailed due to shutdowns … Continue reading “Disney Executives Forgo Salary, Perks During Pandemic”
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Sling TV Enhances Free News Access on Amazon Fire TV
As part of Dish Network’s pandemic-related “Stay in & Sling” initiative, Sling TV March 30 launched enhanced integration with Amazon Fire TV’s “Live” experience. The partnership gives Fire TV users free access to news channels, as the nation continues to manage a growing number of shelter-in-place government directives. “With social distancing recommendations extended nationally, we … Continue reading “Sling TV Enhances Free News Access on Amazon Fire TV”
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Comcast’s Brian Roberts, Wife Donate $5 Million For Laptops to Philadelphia Public Schools
With public schools switching to online classes during the coronavirus pandemic, Comcast Corp. CEO Brian Roberts and his wife Aileen have pledged $5 million toward the purchase of laptop computers for school children in Philadelphia. According to a 2019 School District survey, only about 50% of third- through 12th-grade students have the equipment they need … Continue reading “Comcast’s Brian Roberts, Wife Donate $5 Million For Laptops to Philadelphia Public Schools”
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ViacomCBS Sells $2.5 Billion in New Debt
With its businesses drastically impacted by the coronavirus pandemic, ViacomCBS has become the latest media company going to the markets looking for fiscal relief — agreeing to sell $2.5 billion in new debt to help its operations weather the storm. The corporate parent to Paramount Pictures, CBS All Access, Noggin and Pluto TV, among other … Continue reading “ViacomCBS Sells $2.5 Billion in New Debt”
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WarnerMedia Latest to Establish $100M Employee Virus Relief Fund
WarnerMedia has joined a number of entertainment companies creating funds for employees and related staff affected by the coronavirus pandemic. The parent to Warner Bros., HBO and Turner, set up a $100 million fund to assist production workers and others idled by the shutdown in Hollywood. “We are stepping up with a commitment of more … Continue reading “WarnerMedia Latest to Establish $100M Employee Virus Relief Fund”