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...

By Rob Haskell April 12, 2018 | Despite his success, Iger and his venerable Disney brand face an existential threat from Silicon Valley, in particular from companies like Netflix and Amazon. The studio has wagered on content, beloved but mutable stories with loyal audiences; meanwhile, Netflix has made so much money on subscriptions that it suddenly gets to spend billions on...

By Todd Spangler April 12, 2018 | Netflix is spending a pretty penny on original entertainment — but while that stuff grabs most of the headlines, it’s actually licensed titles like TV show reruns that still form the core of the company’s streaming business. That’s according to a data analysis from 7Park Data, which found that 80% of Netflix U.S. viewing is from licensed content with...

By Gene Maddaus April 11, 2018 | Disney is taking the gloves off in its battle with Redbox, working to make it significantly harder for the kiosk operator to obtain DVDs of recent Disney releases. According to an amended complaint filed on Tuesday by Redbox, Disney has recently retained Anderson Merchandisers, an in-store merchandising company, in its effort to limit the kiosk operator's purchases of Disney DVDs....

By Lesley Goldberg April 9, 2018 | A month after landing the top job at Amazon Studios, Jennifer Salke has started to solidify her executive team. Salke, the former NBC Entertainment president who replaced the ousted Roy Price at the retailer and streamer, has tapped Albert Cheng to serve in the newly created position of co-head of television. Chief operating officer Cheng had replaced Price...