Author: Bekah Sturm

By Joe Flint and Erich Schwartzel June 20, 2020 | Mr. Jeff Shell has reignited a fight with movie-theater chains, the culmination of a yearslong push to get movies onto digital platforms faster than possible in traditional arrangements. He also is carrying out a far-reaching restructuring to shift resources from aging broadcast and cable networks to the company’s new Peacock streaming-video...

By Dade Hayes June 19, 2020 |Peter Faricy, a longtime Amazon veteran who joined Discovery two years ago and spearheaded its increasing focus on direct-to-consumer streaming, is leaving the company. CEO David Zaslav shared the news with employees Friday. In an internal memo obtained by Deadline, Zaslav said the move follows “a few months of discussion” between and himself and Faricy. (Read the full memo below.) Read more...

By Jill Goldsmith June 17, 2020 | AT&T chief financial officer John Stephens said the WarnerMedia parent is “optimistic” about HBO Max three weeks after launch and called the streaming service “a multi-year process, and so far so good,” promising to provide subscriber data on the next quarterly earnings call in July. Speaking Wednesday at a CSFB Media conference, Stephens reiterated AT&T’s target...

By Erich Schwartzel April 30, 2020 |The shutdown of Hollywood is disrupting the Disney+ pipeline. Walt Disney Co. ’s flagship streaming service is getting a big boost from subscribers stuck at home because of widespread stay-at-home orders, but several of the biggest releases headed to the platform have had production halted amid the novel coronavirus outbreak. To keep subscribers hooked, Disney has moved...

By Natalie Jarvey April 20, 2020 | The deal will allow the NBCUniversal-owned movie ticketing company to bolster its 4-year-old digital movie marketplace, FandangoNow. NBCUniversal-owned movie ticketing company Fandango has agreed to buy streaming video service Vudu from Walmart. The deal will allow Fandango to bolster its 4-year-old digital movie marketplace, FandangoNow. Terms of the deal, which is expected to close in the...

By Rebecca Rubin April 2, 2020 | Greg Laemmle never thought he’d recommend anyone to stream a movie at home. The best way to watch a film, as any theater owner like Laemmle will tell you, is in a darkened cinema with a tub of popcorn at the ready. Read more on Hollywood Reporter. Related Articles TV Time: “Social distancing and Streaming” Dynamic Is...

By Jill Goldsmith April 1, 2020| Incoming WarnerMedia CEO Jason Kilar said Wednesday that expanding HBO Max internationally and getting the technology right are two takeaways from his time growing Hulu and subsequent launch of a smaller VOD service called Vessel. WarnerMedia parent AT&T revealed earlier today that Kilar will take the top job starting May 1 — in the midst of the global coronavirus pandemic. In an interview with Deadline, Kilar called the...

By Matthew Ball March 29, 2020 | Economic crises, natural disasters, and other long-tail events tend to accelerate underlying trends, exacerbate balances of power, and unravel businesses, business models, and business practices that were sustained by a robust economy. COVID-19’s effect on the media and entertainment sector looks like it will be consistent with this history. Note, too, that the longer/worse...

By Cynthia Littleton February 25, 2020 | Bob Chapek, a 27-year Disney veteran who heads the company’s parks division, has been named CEO of Disney, succeeding Bob Iger. The timing of the news and the selection of Chapek came as a big surprise on Tuesday afternoon to many in the entertainment industry. Read more on Variety. related articles: Hulu CEO steps down as Disney...