Industry News

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....

By Matthew Belloni September 20, 2018 | Walt Disney Co. CEO Bob Iger remains the most powerful person in entertainment, only adding to his empire with $71 billion of 21st Century Fox assets. But his dominance is one of the few things that hasn't changed since THR published 2017's list of Hollywood's most influential figures. The Disney CEO and most powerful person in entertainment opens up about...

By Troy Dreier September 18, 2018 | Subscription service Hulu added live streaming channels in beta in May 2017, and one thing the company has learned is that live video is a far bigger challenge than on-demand.  Hulu will begin a series of blog posts that highlight its live video workflow and explore the challenges of providing live channels. The company gave StreamingMedia.com an exclusive first...

By Wendy Lee September 17, 2018 | Amazon, YouTube and other tech giants are helping to fuel substantial job growth in Los Angeles’ signature entertainment sector, even as Hollywood grapples with massive upheaval caused by digital disruption. That’s the takeaway from a new report funded by Los Angeles County. Read more on LA Times. ...

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...