Industry News

By Paige Albiniak June 20, 2018 | Under chairman Mike Hopkins, Sony Pictures Television is being reorganized across its television networks, distribution and home entertainment units. As part of these changes, global networks operations and worldwide distribution/home entertainment will combine into a single business unit operating in a “territory management model.” SPT also will establish a direct-to-consumer unit “focused on engaging audiences and building new platforms.” The...

By Keach Hagey and Erich Schwartzel June 20, 2018 | Walt Disney Co. raised its offer to purchase most of 21st Century Fox to more than $71.3 billion in cash and stock, topping an unsolicited offer from rival Comcast Corp. and escalating the bidding war for the coveted media properties. Disney’s new offer is far higher than its original deal, $52.4 billion in stock, and surpasses...

By Brad Olesen June 18, 2018 | Apple Inc. isn’t known for the unique video content offered by Netflix Inc., Walt Disney Co. and Amazon.com Inc., but it may have just taken the gloves off in a new fight. The iTunes and App Store operator’s partnership with “A+ Hollywood name” Oprah Winfrey Friday may just be the “tip of the spear” in a looming content battle, according...

By Gerry Smith June 13, 2018 | Your move, Disney. After Comcast Corp. made a $65 billion bid on Wednesday for 21st Century Fox Inc.’s entertainment assets -- the same holdings that Walt Disney Co. had agreed to buy for about $52.4 billion -- the Mouse House is under pressure to respond. At stake is a trove of media properties, ranging from “The Simpsons” to “X-Men,”...

By Phil Owen July 10, 2018 | Now that we're a couple years into the 4K and HDR era, the format has really started to come into its own as movie studios have firmly committed to taking full advantage of everything that Ultra High Definition and High Dynamic Range colors have to offer -- and a little assist from Apple, Netflix, Amazon...

Mechanic with DEG's Amy Jo Smith (c.) and Madeline Di Nonno of the Geena Davis Institute for Gender in Media. By Stephanie Prange June 13, 2018 | Producer and former studio executive Bill Mechanic discussed his long career and the changes rocking Hollywood July 12 at the Peninsula Beverly Hills during a talk presented by DEG: The Digital Entertainment Group’s Canon Club and sponsored...

By Alisha Haridasani June 8, 2018 | Rupert Murdoch is looking beyond Disney for the sale of the bulk of 21st Century Fox assets, Richard Greenfield, media and tech analyst at BTIG told Cheddar exclusively. “I think a lot of people have said not only is he focused only on selling to Disney but he really wants Disney stock and wants to be...

By Brooks Barnes and John Koblin June 11, 2018 | Jennifer Salke has been the head of television and movies at Amazon Studios for four months. Her sunny corner office at Culver Studios, a historic movie lot that now serves as Amazon’s entertainment headquarters, has not yet been fully put together. She is still getting to know some staff members in the film department. That is because Ms....

By Janko Roettgers June 6, 2018 | Sony Pictures Entertainment is in the process of building out a new state-of-the-art digital technology facility dubbed Innovation Studios, which is scheduled to open later this fall. Innovation Studios is being housed on the Sony Pictures lot in Culver City, Calif., and is designed to bring advanced technologies like volumetric capture to filmmakers, TV show producers and even Hollywood...

By Mike Farrell June 5, 2018 | PricewaterhouseCoopers predicts that OTT video revenue, which grew 15.2% in 2017, will rise at an 8.8% annual clip from 2018 to 2022, fueled by increased growth internationally and the focus on original content. According to PwC’s Global Entertainment and Media Outlook 2018-2022 report, the researcher said total OTT revenue reached $20.1 billion in 2017, a 15.2%...

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