Comcast and Disney are in arbitration over Hulu’s valuation, as Comcast prepares to compel Disney to buy out its 33 per cent stake in the joint venture. It is reported Comcast has stopped paying-in in the money-losing SV0D service (which could contractually reduce its stake) and is trying to get Disney to buy its stake, […]
Telemundo Global Studios, a producer of Spanish-language scripted content in the US, has announced the promotion of Juan Ponce to Senior Vice President and General Manager of its recently launched Telemundo Streaming Studios, an Hispanic media dedicated to serving the growing Latino streaming audiences in the US and around the world. In this new role, […]
Moonbug Entertainment, the digital media company, is bringing its ducational entertainment programmes to US streaming service Peacock. Moonbug’s hit programmes Blippi, My Magic Pet Morphle and Little Baby Bum are now available for streaming on the platform in both English and Spanish. Moonbug’s other titles joining the platform include Arpo, Gecko’s Garage, Go Buster, Playtime […]
WWE (World Wrestling Entertainment) has reported Q1 revenue of $263.5 million (€218.3m), a decrease of 9 per cent or $27.5 million, reflecting the absence of the company’s live ticketed events and tours, partially offset by the upfront revenue recognition related to the delivery of certain WWE Network intellectual property rights. WWE Network launched on Peacock, […]
Whip Media, the enterprise software platform provider for global content licensing, has announced that Paul Hastings has been promoted to SVP of Global Sales, effective immediately. In this newly created role, he will lead the company’s global sales strategy and oversee the global sales team. He is based in London. Most recently, Hastings served as […]
According to a report from Macquarie, the financial services company, Peacock will surpass 52 million subscribers in 2024 with revenues of $1.96 billion (€1.62bn). The US streaming platform, owned by NBCUniversal, is forecast to hit $604 million in revenue this year – up from $296 million in 2020. The majority of revenue growth is expected to […]
NBCUniversal has named Susan Rovner as chairman of entertainment content for television and streaming. Rovner joins NBCU as part of a reorganisation that brings the company’s television, cable and streaming operations together under Mark Lazarus, chairman for television and streaming. Rovner will work closely with Frances Berwick, who became chairman of entertainment networks at NBCU. […]
The share of content licensed to services owned by Studios across European markets has increased from 18 per cent in 2018 to 30 per cent in the last year, according to data from international content consultancy 3Vision. Media consolidation has helped to fuel direct-to-consumer (D2C) growth over the past few years with multiple services launched […]
Senior executives at Sky Studios, the production arm of the Comcast-owned broadcaster, have refuted suggestions that Sky is at a disadvantage compared with recent SVoD and D2C market entrants such as Apple and Disney in attracting exclusive on-and off-screen talent, and instead can benefit from its status as a platform and content provider to work […]
Whip Media Group, a company offering data-driven content value management platform powering global entertainment organisations, has announced a strategic global partnership with BB, a media intelligence and content distribution researcher. As part of the exclusive partnership, the companies will provide a real-time streaming availability for more than 4+ million television episodes and movies across 60 […]