By William D. Cohan March 5, 2019 | Research analysts at MoffettNathanson estimate that AT&T could save “hundreds of millions” of dollars annually by combining the various independent pieces of WarnerMedia. And AT&T needs the money. As of the end of December, the company had total debt of about $180 billion, making it the most indebted company in the world. Read more...
By Anthony D'Alessandro February 26, 2019 | Paramount Pictures said it is elevating Dan Cohen to president of Worldwide Home Entertainment & Television Distribution. Cohen, who currently serves as president of Worldwide Television Licensing, assumes the role previously held by Mary Daily, who had overseen International Theatrical Marketing and Home Entertainment for the studio since 2017. Read more on Deadline. Related News: Mary Daily Named Paramount Pictures Co-President of...
By Matt Donnelly February 19, 2019 | Paramount Pictures has promoted Mary Daily, the current international marketing and home entertainment head, to co-president of worldwide marketing and distribution. Daily will join incoming co-president Marc Weinstock in the role. Variety previously, exclusively reported that Weinstock, former president of Annapurna Films, would be coming to the storied Hollywood lot to replace David Sameth. Both executives will report to Paramount CEO...
By Sahil Patel January 25, 2019 | Prior to becoming WarnerMedia, Time Warner was one of the most prominent investors in digital media and technology companies. But with a new corporate parent and a digital publishing industry that’s in the midst of dramatic turmoil, the company is moving on from its investment arm, putting companies in the fund on uncertain footing. WarnerMedia Investments,...
By Patrick Hipes January 22, 2019 | WarnerMedia said Tuesday it is launching the WarnerMedia Innovation Lab, an incubator that will combine emerging technologies with the company’s content to create new consumer experiences and businesses. The goal is to increase collaboration between WarnerMedia and parent AT&T, and also between corporate partners and tech developers. Read more on Deadline. Related Articles: Danny Kaye on Fox Innovation Lab’s Commitment to...
By Jared Newman January 22, 2019 | Viacom is buying its way into the ad-supported streaming video business by acquiring Pluto TV in a $340 million cash deal. The deal underscores media companies’ growing interest in free, ad-supported streaming as an alternative to taking on Netflix, Amazon Prime, and Hulu (plus Apple, Disney, and AT&T’s WarnerMedia later this year) in the paid...
By Brian Crecente December 21, 2018 | When “Aquaman” hits theaters Friday it will do so riding a wave of publicity from an unusual place: the massively popular lo-fi, Lego-like game-creation platform “Roblox.” With more than 80 million monthly active users, “Roblox” popularity as both a place to create and play games is well established. But it wasn’t until earlier this year, that...
By Ryan Faughnder December 10, 2018 | Longtime Warner Bros. executive Craig Hunegs, who played a key role in the Burbank studio’s television and digital business strategy, is leaving his job after two decades with the company. Hunegs — president of business and strategy for Warner Bros. Television Group and president of Warner Bros. Digital Networks — is stepping down at the end...
By Thomas K. Arnold December 6, 2018 | Comcast’s Xfinity Digital Store has joined digital movie-collection service Movies Anywhere, with the cable giant becoming its seventh digital retail partner — and first pay-television partner. Comcast’s Xfinity TV customers are now able to synchronize their accounts with Movies Anywhere, combine eligible movie purchases from the Xfinity Digital Store with those from other Movies Anywhere digital retailers,...
By Dawn C. Chmielewski and Dade Hayes November 26, 2018 | WarnerMedia CEO John Stankey has elevated the AT&T Entertainment executive who helped launch DirecTV Now to lead the company’s direct-to-consumer streaming platform scheduled to launch next year. Stankey named Brad Bentley, the former VP of marketing at DirecTV, as general manager and executive vice president of WarnerMedia’s direct-to-consumer development in an email this morning to staff, providing an update on...