Netflix has 139 million paying subscribers after adding 29 million subscribers last year versus 22 million in 2017.
Viacom has had enough of China. The New York-based company is in talks with at least one Chinese group to sell some or all of the company’s operations on the mainland.
Television advertising sales in the U.S fell 8% to $61 billion in 2017 – the biggest slump in 20 years. Sales at cable networks dropped for the first time in a decade.
Lionsgate lobbies to become the belle of the consolidation ball taking place in Hollywood, but will Prince Charming ever show up?
A false narrative is being advanced by news outlets that the reason for multiple failed deals is China’s clampdown on foreign investment.
After a decade of digital partnerships, studios and distributors are moving towards a wholly-owned strategy.
Paramount will not receive the $1 billion in slate funding from China’s Shanghai Film Group, and Hua Hua Media. A source said, the “Paramount deal is dead.”
In an unsurprising decision that many industry followers have expected, Paramount Pictures’ CEO Brad Grey is leaving the studio after 12 years.