In an move that complements and enhances The Walt Disney Company’s ability to provide consumers around the world with more appealing content and entertainment options, the entertainment giant has agreed to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for $52.4 billion in stock. Including […]
Ted Sarandos, Netflix Chief Content Officer, presenting at a UBS Media & Communications conference, told analysts that The Crown, despite all the column inches about its cost (and the BBC saying that the series about the British Royal Family cost more than its entire budget for its BBC2 channel), was hugely valuable for Netflix as […]
Atresmedia, operator of Antena 3 and La Sexta, has created Atresmedia Studios to go deeper into the TV content business. The studio will produce TV content to and seek to sell it on both national and interntional pay-TV platforms. With the move, Atresmedia positions TV production as “our core business regardless of the distribution platform”, […]
Australia’s Federal Government has formally directed the Australian Competition & Consumer Commission (ACCC) to commence an inquiry into digital platform providers such as Facebook and Google. The ACCC’s inquiry will look at the effect that digital search engines, social media platforms and other digital content aggregation platforms are having on competition in media and advertising […]
The European Commission has presented measures to ensure that intellectual property rights are well protected, thereby encouraging European companies, in particular SMEs and start-ups, to invest in innovation and creativity. The EC said the initiatives would make it easier to act efficiently against breaches of intellectual property rights, facilitate cross-border litigation, and tackle the fact […]
Technology firm Intel is to collaborate with entertainment company Warner Bros to develop in-cabin, immersive experiences in autonomous vehicle (AV) settings. Called the AV Entertainment Experience, the pair are creating a first-of-its-kind proof-of-concept car to demonstrate what entertainment in the vehicle could look like in the future. As a member of the Intel 100-car test […]
Social video creation platform Wochit has announced that Viacom International Media Networks (VIMN) Southern and Western Europe, Middle East and Africa cluster has selected the company’s cloud-based toolset for implementation across brands in eight markets. Enhancing VIMN’s aggressive social video strategy, the deal gives the network’s brands and editorial teams greater ability to rapidly produce […]
The BBC is to merge BBC Studios and BBC Worldwide to form a single commercial organisation, to be called BBC Studios, suggesting that at a time of an increasingly competitive and global market for production and distribution, the new organisational structure will bring the BBC into line with the rest of the industry, integrating programme production, […]
The UK’s booming creative industries made a record contribution to the economy in 2016, new statistics show. Industries including advertising and marketing, arts and film, TV and radio, and museums and galleries are all part of this thriving economic sector, which is now worth almost £92 billion (€104bn), according to the figures published by the […]
Research from Creative Skillset, the UK industry skills body for the screen-based creative industries, reveals the impact on the UK’s High End Television (HETV) production sector from the recent growth in FAANG (Facebook, Amazon, Apple, Netflix and Google) and increased home grown production activity. The research shows