Industry News

By Ken Ziffren September 13, 2018 | There's a lot of mystery and speculation about the new direction of the filmed entertainment unit of The Walt Disney Co.  The largest of the traditional Hollywood studios is in the process of switching from a wholesale producer and distributor of content to a direct-to-consumer (call it "DTC," or "Disney Play") model. By the end of...

By Jason Knott September 6, 2018 | The invasion of the IT industry into the entertainment industry is rapidly shifting the media environment, and it creates a substantial opportunity for custom integrators to capture cord-cutters. That was the over-riding message from John Penney, executive vice president of consumer development & strategic partnerships at 20thCentury Fox, who spoke as the opening keynote speaker at CEDIA...

By Ben Munson September 5, 2018 | Apple’s still-developing video content strategy could amass a significant subscriber base and generate lots of revenue over the next seven years, according to one analyst. Morgan Stanley analyst Katy Huberty said Apple’s video service could contribute strong services revenue growth but won’t be accretive to earnings until further down the road. She predicts Apple’s video service will attract more...

By Tim Peterson September 4, 2018 | Within one of the oldest buildings at The Walt Disney Studios in Burbank, California, resides the entertainment giant’s future. On the first floor of The Walt Disney Studios’ Animation building — two floors below Walt Disney’s old office — sits Disney’s StudioLab, the epicenter of the company’s investment in emerging technologies. Through a partnership with Accenture...

By Dawn C. Chmielewski August 28, 2018 | Amazon is holding exploratory talks with major Hollywood studios about creating films for its streaming service, sources confirmed to Deadline. The company has held preliminary discussions with Paramount and Sony and possibly others about the possibility of developing original movies for the streaming service. Talks are still in the early stages, and no agreements have been reached,...

By Daniel Frankel August 27, 2018 | Having spent more than $1 billion for a salvo of new original shows set to launch next year, Apple is in the process of building out its Culver City, Calif-based marketing team. Over the weekend, Apple posted an job opening on LinkedIn, looking for a “creative director for original content." Silicon Valley’s largest company is seeking...

August 23, 2018 | Walt Disney Co. has been the consistent leader among media and entertainment companies in the Management Top 250 ranking, but Netflix Inc. has made the biggest gains. At No. 53 overall, the studio was the highest-ranked company in the industry sector in the latest analysis. Although the Management Top 250 was first published in December, it was calculated back to 2012. Walt Disney...

By Jonathan Berr August 21, 2018 | Chief executive Bob Iger of  Walt Disney  is facing a challenge that will make his recent victory over Comcast in the battle for 21st Century Fox’s entertainment assets seem like a walk in the park. I am not talking about the difficulty Iger will experience in integrating the storied 20th Century Fox studio and other assets of Rupert Murdoch’s media empire into...

By Cynthia Littleton August 21, 2018 | Trying to play catch-up to Netflix, the largest U.S. media conglomerates are bent on reinventing part of their operations as a direct-to-consumer business model. The industry’s biggest content producers aim to tap into the efficiency of streaming video via the internet to build proprietary pipelines into America’s living rooms, laptops, tablets and smartphones. “The modern media...

By Anousha Sakoui, Nabila Ahmed, and Spencer Soper August 16, 2018 | Amazon.com Inc. is in the running to acquire Landmark Theaters, a move that would vault the e-commerce giant into the brick-and-mortar cinema industry, according to people familiar with the situation. The company is vying with other suitors to acquire the business from Wagner/Cuban Cos., which is backed by billionaire Mark Cuban and Todd Wagner, according...