Industry News

By Paul Bond June 27, 2018 | Amazon should buy CBS so that its Prime Video subscription service can give Netflix a run for its money, an analyst said in a research note he distributed to clients this week. "Despite all of Amazon's many accomplishments, Prime Video appears to be lagging in both usage and reach," wrote Michael Nathanson of MoffettNathanson, an independent...

By Antonio Villas-Boas June 27, 2018 | Headphones may start to look like old technology in 2019 when Noveto, a startup based in Israel, showcases its new "focused audio" devices to attendees of the biggest tech show of any year, CES. Noveto has come up with a technology that can do exactly the same thing as headphones — deliver sound right to your...

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 Janko Roettgers July 19, 2018 | Roku plans to launch a marketplace for video subscription services in the coming months, which will allow consumers to sign up for and watch subscription services without the need to download separate apps on Roku devices, Variety has learned from multiple sources familiar with the company’s plans. The marketplace is said to be similar to Amazon Channels, a popular à la...

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...

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 Deloitte. Mechanic ran what was then the home video unit at Walt Disney Studios from 1984 until 1994. From 1994...

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...