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By Pamela McClintock July 11, 2018 | Summer box office is booming, yet for the first time in two decades, Warner Bros. is largely taking a vacation. Sony Pictures and Paramount, which traditionally have competed heavily in the warm-weather blockbuster season, have generated just 2.2 percent and 4.2 percent of domestic market share, respectively, from May 4 to July 8, with only...

By Michael Rapoport July 8, 2018 | Is it a TV show or a really long movie? In the streaming, binge-watching era, the line between the two has gotten blurry—and that could eventually help nudge earnings upward at companies like Amazon.com Inc. and 21st Century Fox Inc.  Accounting rule makers have tentatively agreed that companies should account for their costs of producing TV shows in the same...

By Dino-Ray Ramos July 8, 2018 | AT&T executive-turned-head of Warner Media John Stankey spoke at a town hall in New York and addressed the changes to come for HBO after the  $85.4 billion merger between AT&T and Time Warner. Although Stankey didn’t mention streaming services like Netflix and Hulu, there were hints that he wanted to pave a road to be more of a streaming giant considering the...

By Daniel Kohn July 5, 2018 | Fans who couldn’t wait to see the red band trailer of Sony’s upcoming “Khali the Killer” film were in for a major surprise when they went to check it out… and it wasn’t due to its violent content. Instead, when the clip was posted on Tuesday, the entire movie landed on Sony’s official YouTube page, accidentally...

By Ryan Faughnder June 28, 2018 | Walt Disney Co. is shuffling its executive ranks as it prepares to launch its streaming video service, a key initiative by the company to remain a dominant entertainment player in the digital age. The Burbank-based studio on Thursday put its film marketing president, Ricky Strauss, in charge of content and marketing for its streaming initiative, which...

By Bryan Bishop June 28, 2018 | We’ve known for some time that DC Comics has been preparing its own digital streaming service, but today, the company revealed that the platform will go far beyond just TV shows. DC Universe isn’t a streaming platform so much as a subscription service for all things DC, including comics, TV shows, and movies. A beta version...

By Todd Spangler June 27, 2018 | Warner Bros. has reached a new agreement that will make all of the studio’s new release DVD and Blu-ray Disc titles available to rent at Redbox’s kiosks the same day as their retail on-sale dates.  Previously, Warner Bros.’s agreement with Redbox allowed for rentals seven days after home-video release. Under the new pact, the retailer also...

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 Dade Hayes and Dawn C. Chmielewski June 20, 2018 | Disney CEO Bob Iger said changes in consumer habits are driving the company’s aggressive pursuit of 21st Century Fox studio and network assets. Facing historic levels of competition from Netflix and other digital players, traditional media powers have no choice but to act, he said in a conference call this morning with Wall Street analysts. “Direct-to-consumer distribution has actually become an even more...