By Dade Hayes May 29, 2018 | “Comcast must be looking into the 10-year future,” veteran media analyst Todd Juenger, of Sanford Bernstein, writes, “and has concluded: 1) there will only be a handful of global, entertainment video services, 2) most of those slots are already taken (Netflix, Amazon, Google/YouTube, Facebook?, Apple?), 3) likely only one company from ‘old media’ can make it...

By Pamela McClintock May 28, 2018 | Lucasfilm and Disney are facing a moment of reckoning. Solo: A Star Wars Story's initial performance marks a rare loss for Disney. Moreover, it is forcing the studio to reexamine its strategy for the iconic Star Wars franchise, which Disney took over when it bought Lucasfilm for more than $4 billion in 2012. Most box-office analysts say the...

By Shalini Ramachandran and Erich Schwartzel May 23, 2018 | Comcast Corp. is escalating its threat to disrupt Walt Disney Co.’s megadeal to buy the bulk of 21st Century Fox Inc.’s assets, a potential move that could reshape the power structure in the entertainment industry. The cable giant said on Wednesday it is in advanced stages of preparing a cash offer that would top Disney’s all-stock,...

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 John Archer May 22, 2018 | The 4K Ultra HD Blu-ray format has taken another important step forward today with the announcement by Redbox that it’s starting to include 4K titles in its disc rental service. The first 4K Blu-ray titles will be appearing initially in 2,500 Redbox kiosks in six test markets across the US: Austin, Detroit, Los Angeles, Miami, New...

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...

By Brett Lang and Andrew Wallenstein May 17, 2018 | Sony Pictures Entertainment chairman Tony Vinciquerra is continuing to streamline the studio with a series of new cost-saving cutbacks and realignments across its television and movie divisions aimed at improving the bottom line. As part of the overhaul, Sony plans to fold its home entertainment department into its television arm, which, according to sources, will likely...

By Dawn C. Chmielewski May 16, 2018 | MGM its working to reposition the also-ran subscription service Epix into a legitimate competitor to other premium pay TV channels and streaming services.  “At the time acquired Epix from our joint-venture partners three things were true: it was under-distributed, it was under-subscribed and it was under- monetized,” Chief Operating Officer Chris Brearton old investors during MGM’s first quarter investor...