CBS owner outbids tech streamer Editor’s Note: This article was updated on February 27. In 1985, CNN owner Ted Turner made a hostile takeover bid to buy CBS, but the bid failed after Larry Tisch increased his ownership stake in the company, preventing CBS News and CNN from uniting. 41 years later, the two will finally get together – thanks […]
Stunning deal builds streaming’s clout and is a huge blow to linear TV In a stunning deal with The Academy of Motion Picture Arts and Sciences – and one that could be the death knell to linear TV, Google’s YouTube – yes, the video portal where you can watch anything from cat videos to old commercials, has landed the Oscars […]
Offering $30 a share to WBD shareholders, saying it’s the best option It’s on. After Netflix agreed to acquire Warner Bros. Discovery for $82.7 billion on Friday, Paramount Skydance on Monday announced a hostile takeover bid for the entire company with an all-cash offer of $30 a share to shareholders. The offer is being financed by hedge fund Apollo Global […]
I Beats Paramount and Comcast in bidding Deal includes HBO and HBO Max; does not include WBD’s cable networks, which will be spun off Passing regulatory tests could be difficult In a move that gained steam in the 24 hours before it was announced, Netflix is buying Warner Bros. Discovery for $82.7 billion, closing a period during which two other […]
Rose to fame due to Nippelgate After a three-decade run, the infamous Parents Television Council is no more. Known more recently as The Parents Television and Media Council, the watchdog group that terrorized free speech advocates, television executives, and Hollywood filed for Chapter 7 bankruptcy last week, revealing $92,000 in assets and $285,000 in liabilities. The organization’s membership has dwindled […]
But don’t look for a similar deal in the U.S. anytime soon, if ever On June 18, a landmark deal was made that brings together an old-school television network and a new-school global streamer. But it wasn’t in the United States—nor anywhere in this part of the globe. This landmark agreement was signed on June 18 in France, […]
So far, no impact has been felt – but it’s early If you put this trade war in an entertainment context, it’s Kendrick Lamar vs. Drake on a much larger scale. President Donald Trump is taking on the country where Drake is from, slapping tariffs on Canada, urging them to become the 51st state (although the District of Columbia and […]
Numbers were impressive; everything else…wasn’t [Editor’s Note: This post was updated on November 19 with additional information.] Even though boxing has seen better days, the sport received a jolt of energy thanks to Netflix and its heavily hyped matchup between 58-year-old Mike Tyson and 27-year-old YouTuber Jake Paul in front of a sold-out crowd at AT&T Stadium in Arlington, […]
Three-year deal marks first Big Four sports rights deal for streamer The world’s most dominant streamer is teaming up with the world’s most dominant sports league. In a landmark deal, Netflix announced Wednesday morning it has agreed to stream two Christmas Day games beginning with the 2024 season, and at least one game in 2025 and 2026. Like other cable […]
Major acquisition is a game changer for streaming In a major move signaling a tremendous shift for streaming – and continued dominance over its studio peers for some time to come, Netflix and the WWE announced the company’s flagship Raw program will be moving to the streamer in January 2025 in a ten-year, $5 billion deal. This means Raw is […]
The move is reminiscent of Netflix deal as shakeup hit digital subchannel space Circle chooses FAST channel over linear as it shutters Usually, when we talk about format changes, we talk about radio (i.e., WDAI-FM dumping rock for disco or WLUP becoming a Christian music station and so forth), but in television, it rarely happens – unless you’re in the […]
Drastically different schedules begins today (Editor’s Note: This post was updated on September 17.) There are a ton of changes in television outside of prime-time with the new season beginning today. For one, there is no more Ellen DeGeneres as she danced off the stage last spring while Maury Povich and his paternity tests retired to Florida, leaving us with […]
Roe v. Wade dissolution will have impact from New York to Hollywood, and from Washington D.C. to Chicago. If you think Friday’s decision by the Supreme Court to overturn the 1973 Roe v. Wade ruling legalizing abortion won’t have an impact on media…you’d better think again. The landmark decision to appeal the woman’s right to choose will have a ripple […]
CW cancellations fuel speculation of deal forthcoming Five months ago, The CW – the joint venture between Warner Media (now Discovery Warner Bros.) and ViacomCBS (now Paramount Global), created by the merger of UPN and The WB in 2006 was up for sale, with Irving, Tex.-based Nexstar the leading suitor. So where does things stand now? A glimpse of […]
Low-income Chicago neighborhoods, suburbs lag behind [Editor’s Note: This story was updated on July 19th with a response from AT&T over accusations of digital redling.] With Dancing With The Stars and Thursday Night Football – two long-time broadcast programs moving to streaming this fall, it signaled something we knew for years – television is shifting to a streaming model […]
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