Byron Allen, the US media mogul, has made a $14.3 billion (€13.2bn) bid to buy all of the outstanding shares in Paramount Global. The proposal, totalling $30bn funding, could see Allen Media Group (AMG) take on Paramount’s existing $15 billion of debt. “Byron Allen did submit a bid on behalf of AMG and its strategic […]
TGI Global Quick View 2024 data from audience measurement specialist Kantar Media, which surveys 80,000 people in 37 countries, shows that cost is trumping content as the most important criteria for consumers. Almost half of those surveyed rated subscription prices as a significant factor when choosing streaming services (49 per cent), while 43 per cent […]
International production company, BlackBox Multimedia, has optioned the yet-to-be-released blue sky thriller novel Bad Tourists by Caro Carver, and will adapt the book into a TV series. The news follows a monumental year for the company, having coproduced The Castaways and The Serial Killer’s Wife, a double bill of drama series for Paramount+ in 2023, […]
Bitmovin, a provider of video streaming infrastructure, has announced that the Recording Academy will once again use the Bitmovin Player to deploy and launch content to its global community of music fans for the 66th Annual Grammy Awards. The Bitmovin Player will be integrated with Nomad Media’s CMS to live stream one of the music […]
Sky has announced that hit US drama Fire Country Season 1 is set to launch on Sky Witness and NOW on January 24th. Starring and executive produced by Max Thieriot (SEAL Team), Fire Country tells the story of a young convict, Bode Donovan, who seeks redemption and a shortened prison sentence by joining a prison-release […]
The Paramount+ Essential plan is now available as an add-on subscription via Prime Video Channels in the US. For $5.99 per month, Prime members can access the ad-supported offering from Paramount+ that includes thousands of original series and movies such as Lawmen: Bass Reeves, Paw Patrol: The Mighty Movie and Frasier, along with live sports […]
A significant turnaround for studio direct streaming is just around the corner with all major studio streaming divisions (excluding sports operations) set to turn a consistent profit within 18 months, the latest research from Ampere Analysis suggests. The shift to profitability has wide-ranging implications for content production and the wider entertainment landscape with a reversal […]
The Music and Entertainment Industry boasts the highest paid Chief Financial Officers in the US, hitting a high of $52.4 million (€47.8m), a study reveals. Datarails, the financial planning and analysis (FP&A) platform for Excel users, analysed SEC filings by 1,639 of the biggest US listed companies. This included complete filings for 2022 and partial […]
The Asia Video Industry Association (AVIA) held its annual OTT Summit in Singapore on December 5th, where over 90 per cent of the speakers were senior female executives from across the video industry in Asia Pacific. This year’s summit was designed to try and redress the gender imbalance seen in many industry conferences. The Summit […]
On December 1st, Pluto TV, the ad-supported streaming television, celebrated its one-year anniversary in Canada as the largest FAST platform in the country pacing at over 1 billion total viewing minutes (TVMs) monthly. Since entering the Canadian market, Pluto TV in Canada has added over 50 new full-time channels, is available across 11 distribution partners, […]