After years of internal divisions, family squabbles, lawsuits, and sexual harassment investigations, Viacom and CBS are starting to resemble real companies again.
Apple has too much cash and not enough imagination. There is growing speculation that Apple will purchase Netflix.
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.