Foxs Tubi and Sony Pictures Entertainment in Canada have struck terms on a new film and TV content licensing agreement. In a sign the Canadian free, ad-supported TV market continues to grow amid turbulence for the digital advertising business, the latest agreement will see around 130 movies and TV episodes from Sony Pictures programming vault head to Tubi north of...

The most valuable assets in any business are people and relationships. I may have neglected to appreciate this at the time, when we were down in the fray. Now that I am a bit older and slowing down, just a little, I have realized that, all along, the most important element was who was involved, not what. The people whom...

The executive and supervisory boards of ProSiebenSat.1 have formally endorsed a takeover bid by MFE-MediaForEurope, the pan-European TV group controlled by Pier Silvio Berlusconi, after MFE upped its offer for the German broadcaster. Describing the revised offer which will see MFE offer ProSieben shareholders a cash payment of 4.48 ($4.90) per share and a swap of 1.3 MFE A-shares per...

In a landscape-altering deal, The Walt Disney Co. will acquire assets from NFL Media, including NFL Network, with the league acquiring a 10 percent ownership stake in the sports media giant. ESPN will fully own NFL Network, with plans to bake it into the upcoming direct-to-consumer streaming service. The RedZone channel, meanwhile, will join Disneys linear portfolio, with Disney also...

Snapchat parent Snap Inc. now has more than 932 million monthly active users, and around 469 million daily active users, as the social platform continues to grow year over year. In its second quarter earnings report,Snap posted revenue of $1.34 billion, up 9 percent from a year earlier, and a widened net loss of $263 million, compared to a year-earlier...

Mamma Mia! returned to Broadway last week after a 10-year hiatus, and the ABBA fans turned out. The musical played its first preview performance at the Winter Garden Theatre Aug. 2 and played to 100 percent capacity, with attendees paying an average ticket price of $173.49, one of the highest in the industry last week, coming in only behind the...

Former X CEO Linda Yaccarino has found a new job. Yaccarino has been named the CEO of eMed Population Health, a digital health platform that partners with companies and government agencies to manage programs for GLP-1 weightloss drugs. She comes to the role after leaving the social media platform X (formerly Twitter) in July, after two years in the role....

WithSkydances deal to acquire Paramount Global set to close later this week,David Ellison has unveiled its proposed 10 new board directors to serve once the merger is completed. Ellison is set to serve as the future chairman and CEO of the Paramount studio. Former Paramount Pictures head Sherry Lansing is proposed to sit as an independent director, while Oracle Corp...

Fox Corp. saw its advertising revenue rise by 7 percent in its last quarter (the companys fiscal Q4), underscoring how its strategy has separated itself from the competition, with most other media companies reporting flat or declining ad revenue at a challenging moment for the medium. Fox says that the growth was driven by its Tubi free ad-supported streaming service,...

In 2012, The Los Angeles Times ailing Chicago-based parent Tribune Co. was exiting Chapter 11 bankruptcy after a yearslong slog that its then-owner, brash real estate mogul Sam Zell, called a deal from hell. Rupert Murdoch reportedly took interest in snapping up the Times, but decided against a bid (the mogul was busy: he was aiming to cleave off less...

The NFL Players Association has elected a veteran entertainment labor figure as its interim leader after former executive director Lloyd Howell resigned in July. On Sunday the players union announced that they had appointed former SAG-AFTRA national executive director David White to the vacant leadership position following a a comprehensive, player-led process. The move follows Howells resignation in a cloud...

The first group of workers to unionize at an Activision Blizzard subsidiary has ratified their inaugural labor deal. A group of quality assurance testers at the Wisconsin-based studio Raven Software has voted unanimously to support a tentative contract deal, the Communications Workers of America union announced Monday. The contract enshrines wage increases, crunch time protections and promotions and layoff processes....

In June, a relatively unknown East Coast movie theater chain announced that it had signed a lease in San Francisco to take over a historic cinema and retail space previously occupied by AMC Theatres and CGV Cinemas. The opening was part of an aggressive expansion that includes plans to roll out 100 locations nationwide to become one of the largest...