Industry News

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%...

By Sahil Patel June 4, 2018 | Amazon has become a significant driver of subscriptions for TV companies with over-the-top streaming channels. But even as Amazon Channels assumes the role of a powerful player between TV networks and viewers, networks say they’re not too concerned about ceding too much control to the tech giant. Launched in late 2015, Amazon’s Prime Video Channels program...

By Andreas Wiseman May 31, 2018 | In an intriguing move, fledgling blockchain outfit Slate Entertainment Group (SEG) has pre-bought worldwide distribution rights to Macon Blair’s The Shitheads starring Luke Wilson (Old School) and Ron Funches (Trolls), for its upcoming blockchain video on demand platform Binge. SEG will also give the film a theatrical run and says it is “committed to supporting the theatrical experience” on “select acquisitions.” To date, this is the highest-profile...

By Todd Spangler June 1, 2018 |  Hulu CEO Randy Freer has made a series of sweeping organizational changes, leading to the departure of three top execs — chief content officer Joel Stillerman, Tim Connolly, senior VP of partnerships and distribution, and Ben Smith,  senior VP of experience. Its content teams will now be organized into two groups: one combining live TV and subscription VOD content licensing, acquisition...

Photo: Asa Mathat for Vox Media   By Edmund Lee May 30, 2018 | Recode Executive Editor Peter Kafka gamely asked AT&T CEO Randall Stephenson why it makes sense for his company to spend $85 billion to own Time Warner when it could simply license that same content. His answer came down to Netflix. “A key variable is the direct relationship with the customer, and a...

By Bryn Elise Sandberg May 24, 2018 | With deep-pocketed Netflix poaching hitmakers Shonda Rhimes and Ryan Murphy with nine-figure paydays, rivals are "going bats— crazy" and leveraging their broad assets to secure creators amid "insane" bidding wars. Without the seemingly bottomless pockets of their streaming counterparts, studios are getting creative, banding together the various arms of their business for deals across the...

By David Bloom May 18, 2018 | Simply put, Hollywood's biggest guns are fiddling an ode to oversized media mergers worthy of Nero. Meanwhile, the Visigoths of tech – including Netflix, Amazon, Google and Apple – continue to accrete customers, market share and facility with popular new entertainment-delivery platforms where traditional Hollywood holds no home-court advantage. The gigantism push – manifested most clearly by AT&T's...

By Daniel Holloway May 21, 2018 | Netflix has secured a deal with former President Barack Obama and First Lady Michelle Obamato produce Netflix Originals series and movies for the streaming service. The former first couple will, according to an announcement Monday from the company, potentially work on scripted and unscripted series as well as docu-series, documentary films, and features under the multi-year deal. Signing the Obamas...