Industry News

BY NATALIE JARVEY October 10, 2018 | AT&T's WarnerMedia division is prepping a new direct-to-consumer streaming service that will feature its portfolio of entertainment brands, including HBO. WarnerMedia CEO John Stankey on Wednesday announced the new product onstage at the Vanity Fair New Establishment Summit, noting that it is expected to launch in the fourth quarter of 2019. "You're going to see a stronger...

BY ALEX SHERMAN October 10, 2018 | Seven years ago, Walter Isaacson wrote that Apple founder Steve Jobs told him he'd "cracked" the code on bringing television into the digital age. Seven years later, the world is still waiting. But Apple's not giving up, even if it isn't revolutionizing the industry. Apple is preparing a new digital video service that will marry original content and subscription...

By Mike Fleming Jr. October 8, 2018 |  Sources said there shouldn’t be much surprise when an announcement is made as early as later this week about the new Disney-Fox film structure. Alan Horn will be top dog. Several levels below is anyone's guess. There are sharp executives, but they will have to wrap their arms around the fact that a large part of their...

By Todd Spangler October 7, 2018 | Walmart, America’s biggest bricks-and-mortar retailer, is taking its first crack at original entertainment. Vudu, the company’s streaming-video arm, has struck a partnership with MGM under which the studio will create original series based on franchises from its extensive film and TV catalog. Those shows will be exclusively licensed to Vudu for North America, and available on Vudu’s free, ad-supported Movies...

By Lucas Shaw October 4, 2018 | Peter Roth knew it was time to take out his checkbook. Roth, the head of Warner Bros. Entertainment Inc.’s TV studio, had just watched Netflix Inc. lure top producers from several rivals by offering them more money than they’d ever made before. Ryan Murphy, the creator of American Horror Story, left 21st Century Fox Inc. for a deal worth...

By Jason Guerrasio October 2, 2018 | Panos Cosmatos' acid-laced revenge movie starring Nicolas Cage, "Mandy," isn't just having a solid theatrical run, it's defying the release strategy of most day-and-date movies before it. In the three weeks since opening, the movie has only played in 210 theaters, but to date it's grossed close to $840,000. And that doesn't even count the money coming in...

BY SAHIL PATEL OCTOBER 1, 2018 | Subscription services might dominate the over-the-top video market today, but free, ad-supported platforms are beginning to find their way to viewers on internet-connected TVs. This growth is proving to be an opportunity for video programmers searching for distribution on the biggest screen in the house. The Roku Channel, a free video streaming service from the connected-TV...

By Jennifer Saba September 27, 2018 | The Mouse House is about to buy Fox’s entertainment and international assets, including the Sky stake, for $71 billion. Disney’s chief executive, Bob Iger, has allowed discretion to conquer any ideas of valor: He plans to use the $15 billion windfall from the sale to pay down debt and invest in direct-to-consumer products, including Hulu. Read...

By Brian Steinberg September 25, 2018 | Jeffrey Katzenberg and Meg Whitman’s much-scrutinized streaming-video project is months away from launch, but the executives already know how much the new content would cost subscribers. NewTV, incubated by Katzenberg and held by his WndrCo, will seek to charge subscribers $5 per month for content with ads and $8 per month for an ad-free experience on the new service,...

By Tripp Mickle and Joe Flint September 22, 2018 | Tim Cook sat down more than a year ago to watch Apple Inc.’s first scripted drama, “Vital Signs,” and was troubled by what he saw. The show, a dark, semi-biographical tale of hip hop artist Dr. Dre, featured characters doing lines of cocaine, an extended orgy in a mansion and drawn guns....