Canal+ has secured approval from South Africas competition tribunal for its proposed acquisition of MultiChoice Group, clearing the final regulatory hurdle in the country and paving the way for the French media giant to acquire Africas largest pay-TV group. Under the terms of the deal, Canal+ has made a mandatory cash offer of ZAR 125 ($7.11) per share to acquire...

K-content powerhouse CJ ENM has established a wholly owned subsidiary in Riyadh, becoming the first Korean entertainment company to set up operations in Saudi Arabia. The new entity, CJ ENM Middle East, marks a significant milestone in what the company has declared its first official year of global expansion, coinciding with the groups 30th anniversary in 2025. Establishing a presence...

At the top of a long list of questions surrounding President Trumps defamation lawsuit against the publisher of The Wall Street Journal: Does he expect to win the legal battle, or did he initiate it solely as a political stunt? And what does winning exactly mean to him? The circumstances around the filing of the lawsuit, which alleges that Trump...

President Trump has said that he anticipates receiving at least $20 million in advertising, public service announcements or similar programming from incoming Paramount Global owner Skydance as part of a settlement to resolve a lawsuit that 60 Minutes conducted with Kamala Harris. In a Tuesday Truth Social post, Trump confirmed chatter of a side deal with the incoming Skydance regime...

If live sports is the engine driving linear TV in the streaming era and it is then it stands to reason that networks would look to build that audience in any way they can. Football season, after all, doesnt fill the whole calendar. That notion seems to be working. As outlets have gotten more serious about the variety of sports...

By all appearances, California all but waved the white flag as far as getting features to shoot in the state. There wasnt any one thing that caused the exodus of big-budget films. It was a combination of sky high labor costs, oversubscription to the tax credit program and the allure of bountiful subsidies to shoot elsewhere. Amid a tit-for-tat race...

Four and a half years ago, AMC Theatres was still reeling from the COVID-19 pandemic. Attendance in theaters had collapsed, and studios were sending their films directly to streaming instead of giving them an exclusive theatrical window. In fact, the movie theater business has not been able to return to its pre-COVID business (though the financials have improved, along with...

Sunset Blvd., starring Nicole Scherzinger, played its final Broadway performance Sunday and hit the highest gross of its run. The musical grossed $2.48 million last week, with its final performance Sunday bringing in $514,515 of the total, marking the highest grossing single performance at the St. James Theatre. The show, which opened on Broadway in October 2024, also hit the...

Cat Kreidich, president of Warner Music Groups music distribution arm ADA, is leaving the company, she confirmed in an internal memo to staff on Tuesday. Kreidich leaves after four years at the helm at ADA. WMG hasnt provided any details on Kreidichs successor. In a note to staff, WMG CEO Robert Kyncl said the company would have an update on...

Universal Music Group has unveiled a partnership with IP asset management company Liquidax Capital to accelerate the development of UMGs music-related AI patents, the company said on Tuesday. In the announcement, UMG, the worlds largest music company, revealed that it has already filed 15 patents with the firm, though UMG was scant on details on what exactly they were patenting....

Paramount Globals Africa offices may close, local channels may be shuttered, and staffers roles could be impacted, company executives told employees in the region on Tuesday, sources familiar with the situation tell The Hollywood Reporter. The company has been prioritizing investments in its growing streaming business and core global content as it navigates shifts in audience behavior and the macro-economic...

Spanish-language media giantTelevisaUnivisionreported a 2 percent U.S. revenue gain to $816 million in the second quarter of 2025 as a 2 percent advertising revenue drop was outweighed by a 9 percent gain in subscription and licensing revenue. Its earnings report came after the firm had last week warned of U.S. advertising softness and foreign exchange impacts, saying they had hit...

The Los Angeles Times is set to go public, thats according to billionaire owner Patrick Soon-Shiong who made the surprise announcement in an interview with Jon Stewart on Mondays episode of The Daily Show. In a wide-ranging interview, Soon-Shiong spoke about his medical research work as well as his ownership of the Times. After Stewart asked whether there was a...