By Shalini Ramachandran,  Amol Sharma and David Benoit April 25, 2018 | Comcast on Wednesday lobbed an official $31 billion proposal to buy European pay-TV operator Sky PLC, topping an existing offer from 21st Century Fox Inc., which already owns a 39% stake in Sky. Fox counts Rupert Murdoch and his family as major shareholders. Separately, the cable giant is weighing whether to play interloper on Fox’s $52.4 billion deal to sell...

By Ryan Faughnder and Meg James April 24, 2018 | The surprising box-office success of "A Quiet Place," a low-budget movie about a family under attack from creatures who hunt by sound, could hardly have come at a better time for Paramount Pictures and its chief executive, Jim Gianopulos. A year after the veteran Hollywood executive took on the monumental task of reviving Paramount following...

By Todd Spangler April 24, 2018 | Hollywood has been waiting to see when Netflix will downshift out of the fast lane — specifically, when it will stop burning tons of cash on an ever-expanding bonfire of original titles. That day is not coming anytime soon. The streamer could soon be worth more than Disney, which once was rumored to be a suitor, as it rides investor...

By Todd Spangler April 23, 2018 | Netflix priced a junk-bond offering of $1.9 billion — the streamer’s biggest round of debt financing to date — as it looks to fuel its continued content binge-spending. The $1.9 billion debt offering, announced Monday evening, was increased from Netflix’s plan announced earlier in the day to issue $1.5 billion in debt. Read more on Variety. Related Articles: Netflix Might Soon Be...

Rapid advances in technology have changed the way we consume, work and live. On the business side, new technologies like predictive analytics have transformed nearly every industry in the last 10 years.  While the movie industry has eagerly embraced new technology on the production side, one can make the case that business methods and intelligence, in the film industry, have been...

By Tony Maglio April 20, 2018 | Who needs a press conference? On Thursday, AT&T boss Randall Stephenson unveiled details about a new streaming bundle while testifying against the federal government in his Time Warner takeover case. AT&T’s “Watch” will cost $15 per month and is set to debut within weeks, Stephenson said from the witness stand. Compare that with the media giant’s...

April 19, 2018 | Comcast Corp. offered 21st Century Fox Inc. at least 16% more for a chunk of its assets than Walt Disney Co. did, though regulatory concerns ultimately led controlling stockholder Rupert Murdoch to accept the lower bid. In a joint filing Wednesday with Disney in connection with their $52.4-billion deal, Murdoch's 21st Century Fox described months-long talks with a...

By Ryan Faughnder April 18, 2018 | Netflix, the global streaming giant that has dramatically changed the TV industry and clashed with movie theater owners, may be ready to move onto the big screen in a new and surprising way — by owning cinemas. The Los Gatos, Calif., company has explored the idea of buying movie theaters in Los Angeles and New York...

By Andrew Wallenstein April 16, 2018 | Don’t let Netflix’s quiet M&A track record fool you: The company is open to making the right deal, according to top execs who discussed that prospect in an appearance on the streaming service’s pre-taped discussion following its earnings report Monday. Though the Los Gatos, Calif.-based company has made only one acquisition in its 20-year history — comic-book publishing company Millarworld — Netflix chief...

By Patrick Brzeski April 17, 2018 | Digital media company Cinedigm Corp. will soon begin beaming Chinese entertainment into U.S. homes. Chris McGurk, Cinedigm's chairman and CEO, delivered a speech Tuesday at the Beijing International Film Festival in which he unveiled plans to launch a new over-the-top channel in North America dedicated exclusively to the distribution of Chinese film and television content. Read more...