All articles by Staff writer – Page 8
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Disney agrees $8.5bn deal to merge Indian media assets with Reliance Industries
Indian conglomerate Reliance Industries and Disney are to combine their Indian TV and streaming businesses.
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Channel 4 to cut back Hollyoaks episodes
UK broadcaster Channel 4 is to cut the number of weekly episodes of its long-running soap Hollyoaks from five to three from September 2024.
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Record 160 countries set to cover Paris 2024 Paralympic Games
A record number of broadcasters from around the world are set to cover the Paris 2024 Paralympic Games.
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BBC Studios buys ITV’s stake in BritBox International
BBC Studios is taking full ownership of streaming service BritBox International, acquiring ITV’s 50% share for £255m.
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Bectu calls for government intervention amid “shocking work drought” in film and TV
UK union Bectu says the country’s film and TV industry is experiencing a “shocking work drought” and that freelance workers are bearing the brunt.
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Warner Bros Discovery, Paramount Global halt merger talks – report
Warner Bros Discovery (WBD) has halted merger talks with Paramount Global, according to media reports.
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Bad Wolf strikes £4m deal with Welsh government
Cardiff-based production company Bad Wolf and the Welsh Government have agreed a funding deal that will ensure a slate of high-end TV dramas will be made in Wales over the next four years.
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Cinelab appoints Steve Milne as Vice-Chairman
Cinelab Film & Digital has appointed former Molinare CEO Steve Milne as Vice-Chairman.
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US streaming revenue to overtake pay TV in 2024
Total revenues from streaming will overtake revenues from pay TV subscriptions in the US market for the first time in the third quarter of 2024, according to research from Ampere Analysis.
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Warner Bros Discovery posts 4% revenue fall in 2023
Full-year revenues at US studio Warner Bros Discovery declined by 4% to $41.3bn in 2023.
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Canal+ increases stake in Asian streamer Viu to 30%
France’s Canal+ Group has increased its stake in Asian streaming platform Viu to 30%.
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Germany’s ProSiebenSat.1 and RTL Deutschland join forces in advertising technology
Leading German media groups ProSiebenSat.1 (P7S1) and RTL Deutschland are joining forces in advertising technology (adtech).
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Reef founder Richard Farmbrough launches Somersault Studio with Owen Rodd
Former Reef Television CEO Richard Farmbrough has joined forces with Executive Producer Owen Rodd to create Somersault Studio, a new indie with bases in London and Cardiff.
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EMG / Gravity Media unveils executive leadership team
Broadcast technology and production specialist EMG / Gravity Media has announced its key executive leadership team positions following last month’s news of the group’s merger.
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Fremantle to acquire Asacha Media Group
Fremantle has entered a conditional purchase agreement to acquire global production studio Asacha Media Group and its portfolio of labels based in France, Italy and the United Kingdom.
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Netflix predicted to lose Arabic streaming leadership to Shahid VIP
Netflix is predicted to lose its SVOD market leadership in Arabic countries in the next five years, according to a report by Digital TV Research.
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Cinesite launches visualisation division
Cinesite has launched a new visualisation division which will expand its previs, virtual production, techvis and postvis services, and will align with its concept and pipeline departments.
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RedBird IMI to acquire All3Media for £1.15bn
Investment group RedBird IMI has agreed to acquire production and distribution group All3Media from its joint owners, Warner Bros. Discovery and Liberty Global, for £1.15bn.
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Oppenheimer leads BAFTA winners
Oppenheimer was the biggest winner at this year’s BAFTAs, winning seven prizes including best film and best director for Christopher Nolan.
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Lise Heidal appointed President of NEP Broadcast Services Europe
NEP Group has appointed industry veteran Lise Heidal as President of NEP Broadcast Services Europe.