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Natalie Jarvey / Hollywood Reporter:
Viacom to acquire youth-focused digital media company AwesomenessTV; sources say for $25M plus debt, well below AwesomenessTV's $650M valuation in 2016   —  The deal, which sources say also includes the assumption of some debt, is significantly lower than the $650 million valuation that Awesomeness had in 2016.
Jul 27, 2018, 2:12 PMIn context
Scott Roxborough / Hollywood Reporter:
EU's biggest TV broadcasters are combining resources to launch streaming video services in countries like UK, France, and Germany to compete against Netflix   —  Old media broadcasters in Germany and France are setting up ambitious joint national video platforms, but do they have what it takes to compete with the streaming giants?
Jul 11, 2018, 6:50 AMIn context
Patrick Brzeski / Hollywood Reporter:
iQiyi debuts its first on-demand physical movie theater in China, with mini-theaters seating two to 10, that users can rent by the hour to watch iQiyi's content   —  The company plans to build physical cinemas in major cities across China.  —  Beijing-based streaming-video giant iQiyi …
May 28, 2018, 10:20 AMIn context
Bryn Elise Sandberg / Hollywood Reporter:
Studios try packaging their media units for TV, film, and shortform video together when offering deals to talent in order to compete with Netflix   —  With deep-pocketed Netflix poaching hitmakers Shonda Rhimes and Ryan Murphy with nine-figure paydays, rivals are “going bats— crazy” …
May 27, 2018, 12:35 AMIn context
Natalie Jarvey / Hollywood Reporter:
A look at what Hollywood insiders are using cryptocurrencies for: investing, financing and distributing films, and, in one instance, a plot point in a romcom   —  It's little shock the volatile virtual currency has the attention of entertainment industry speculators (and their wary business managers) …
May 6, 2018, 7:05 PMIn context
Hollywood Reporter:
MoviePass hasn't offered a $10/mo for 1 movie/day plan to new subscribers since April 13, offering 4 movies/mo and 3 months of iHeartRadio All Access instead   —  The subscription service famous for supplying a movie ticket per day for just $9.95 a month hasn't been offering that wildly popular package since April 13.
Apr 26, 2018, 2:20 PMIn context
Natalie Jarvey / Hollywood Reporter:
A look at the future of Hulu, which, sources say, is nearing 20M subscribers, up 18% in 4 months aided by Handmaid's Tale and Live TV   —  As season 2 of the reigning Emmy champ debuts and the streaming service once nicknamed “Clown Co.” now nears 20 million subscribers …
Apr 26, 2018, 1:50 PMIn context
Natalie Jarvey / Hollywood Reporter:
Disney combines direct-to-consumer businesses including streaming services with tech and international media operations into one division, led by Kevin Mayer   —  Kevin Mayer will now oversee direct-to-consumer and international businesses, while Bob Chapek has added consumer products to his oversight.
Mar 14, 2018, 1:35 PMIn context
Natalie Jarvey / Hollywood Reporter:
YouTube says it is putting original projects with Logan Paul on hold and removes him from Google Preferred ad program after his video showing suicide victim   —  The video platform says it will not feature Paul in the fourth season of YouTube Red original comedy ‘Foursome.’
Jan 10, 2018, 8:20 PMIn context
Eriq Gardner / Hollywood Reporter:
Spotify faces new copyright lawsuit from Wixen Music that suggests up to 21% of Spotify songs are unlicensed; plaintiff seeks $1.6B+ in damages   —  Wixen Music Publishing files a new lawsuit that also covers music from Rage Against the Machine, The Doors, Steely Dan and many others.
Jan 2, 2018, 4:50 PMIn context

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