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 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 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 Ben Munson June 22, 2018 | The Walt Disney Company is promising to sell off even more Fox assets if its $71 billion deal for the company’s studio and cable network businesses earns regulatory approval. In a filing with the SEC, Disney said that it would be willing to part ways with Fox assets representing up to $1 billion in total EBITDA. That’s an...

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...

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...