All3Media has been sold to US media giants Discovery and Liberty Global in a deal reportedly worth more than £500 million. Discovery Communications, which last month pulled out of the Channel 5 auction, and Virgin Media-owner Liberty Global will be joint owners of the production company. The sale price is significantly less than the £750 […]
The BBC is planning to deliver audiences every moment of the 2014 FIFA World Cup in Brazil (June 12th – July 13th) across television, radio and digital platforms, describing it as the first 24/7 World Cup. The BBC plans that online, bbc.co.uk/worldcup will be the go to destination for fans looking for enhanced live coverage, […]
ITV is set to buy the US production company group Leftfield in a deal that could potentially rise to $800 million. Ithas taken an initial 80 per cent stake in Leftfield for $360 million, with options to increase its stake in three years and five years to take full control. ITV said that to hit […]
Viacom has pledged to significantly increase Channel 5’s £200 million (€235m) annual programming budget, with more original shows, and not to convert any channels to pay-TV. Philippe Dauman, the chief executive of Viacom, said programming was the “lifeblood” of its business and to expect significant increases in budget. “We are a pureplay content company around […]
The vast majority of brand marketers and advertising agency executives expect original digital video programming to become as important to their businesses as television advertising within the next three to five years, with the bulk of that increased Internet spending migrating from television budgets, according to a survey conducted by the Interactive Advertising Bureau (IAB). […]
Yahoo has unveiled two original TV series that will be shown on its website and mobile app, making the technology firm the latest entrant to the fast-growing market for digital video content. Yahoo said its first two original series will be comedies titled: Other Space and Sin City Saints. Following Netflix, Hulu, Amazon and Microsoft […]
Legendary Entertainment has announced a key step in the ongoing development of its television studio, forming a new global television distribution division that will be headed by veteran television distribution executive Michael Grindon. Reporting to Bruce Rosenblum, President of Legendary Television and Digital Media, Grindon will be charged with building and operating a global distribution […]
NBCUniversal has revealed a video programming initiative that will see original series from its broadcast and cable entertainment groups promoted by entire portfolio of television networks and digital platforms. Débuting first on various digital platforms including channel websites, Hulu and video-on-demand, the companywide initiative is designed to connect advertising brands with consumers in the most […]
Football’s governing body FIFA says its upcoming World Cup tournament from Brazil will be carried by some broadcasters in 4K. Niclas Ericson, head of FIFA’s TV Division, speaking at MIPTV in Cannes, said FIFA was working 24/7 to capture the event, not only in HDTV, but also in 4K and even 8K. “We are working […]
AOL will renew four of its original web series for The AOL On Network, the company’s premium video platform. The shows returning for a second season include “City.Ballet.” from executive producer Sarah Jessica Parker, as well as the popular technology-themed shows “Hardwired” and “The Future Starts Here.” Additionally, “#CandidlyNicole,” starring social media maven Nicole Richie, […]