At 15 million paid subscribers, Peacock isn’t on the same level as other streaming services, but NBCUniversal CEO Jeff Shell says that’s no accident.
13.10.2022 - 17:03 / deadline.com
EXCLUSIVE: Bill Rouhana, CEO of Chicken Soup for the Soul Entertainment, will wait as long as it takes — years even — for the right M&A transaction to come together. Two elements must fall into place, in his words: “industrial logic” and “financial excellence.”
As a result of that approach, which runs counter to the kind of swashbuckling that has made (or more often lost) fortunes in the media business, Rouhana is also used to being second-guessed.
Patient and painstaking dealmaking has defined the streaming company since before its initial public offering in 2017. By gradually adding Crackle, Screen Media, 1091 Pictures, Sonar Entertainment and other assets to the portfolio, through a series of deals engineered to involve little in the way of up-front cost cash payment, CSSE has steadily become the largest player in ad-supported streaming that is not owned by a major tech or media entity. Now, though, comes perhaps the biggest round of second-guessing to face the company: In August, it closed a $375 million deal to acquire Redbox, the firm known for its bright red, disc-dispensing kiosks. If Chicken Soup was all about streaming, what did it want with a company still rooted in physical media and tied to — gasp! — brick-and-mortar retail, especially when most of the deal price was Redbox debt that would be taken on by its new parent?
“The headline number of $300 million in debt scared the daylights out of Wall Street in a way that was totally understandable but not really right when you understood the details,” Rouhana concedes in an interview in the company’s Midtown Manhattan offices. “So, the knee-jerk reaction was, ‘What are you doing?!’ But the more refined and thoughtful reaction was, ‘Well, wait a minute now. If
At 15 million paid subscribers, Peacock isn’t on the same level as other streaming services, but NBCUniversal CEO Jeff Shell says that’s no accident.
The band has a new home: Girls5eva is moving to Netflix from rival streamer Peacock for its third season.
Christian Bale and director Scott Cooper have a history together. They first teamed up on 2013’s “Out Of The Furnace,” then reunited on 2017’s “Hostiles.” Now they collaborate again on “The Pale Blue Eye,” Cooper’s follow-up to last year’s “Antlers,” which hits Netflix next January.
Last decade, Christian Bale and director Scott Cooper teamed up for two films, 2013’s “Out Of The Furnace” and 2017’s criminally underseen “Hostiles.” Now, they join forces again on “The Pale Blue Eye,” Cooper’s take on Louis Bayard‘s 2006 novel about a double murder at the West Point military academy in 1830. Vanity Fair’s first look at the film offers a glimpse at the period mystery thriller, which sees Bale’s detective come out of retirement to solve the murders thanks to a new protegé, Henry Melling‘s young Edgar Allan Poe.
Zack Sharf Listings for Jeffrey Dahmer costumes on eBay.com are being pulled this Halloween season. The popular e-commerce website has put a ban on Dahmer costumes because they violate its policy on violent and violent criminals, Buzzfeed News confirms. A surge of listings for Dahmer-related costumes hit the website in the aftermath of Ryan Murphy’s blockbuster Netflix series, “Monster: The Jeffrey Dahmer Story,” starring Evan Peters as the serial killer. As reported by Buzzfeed: “A spokesperson confirmed that the selling platform was actively removing these listings and that they were ‘prohibited,’ although some listings are still active at the time of publication…The company policy states that sellers are banned from listing items that ‘promote or glorify violence’ or are associated with violent individuals, the acts for which they gained notoriety, or crime scenes from the past 100 years.”
EXCLUSIVE: In an unprecedented move, Netflix and major exhibition circuits in the U.S. and UK recently agreed a 30-day theatrical window for Rian Johnson’s Glass Onion: A Knives Out Mystery. This comes after years of discussions on finding “a way forward to show their high-quality productions on our screens,” says Tim Richards, founder and CEO of Vue International which will be showing the anticipated sequel in its theaters in the UK, Germany and Italy.
Tuesday’s earnings interview. Sarandos on Tuesday was asked about the unique theatrical strategy for the “Knives Out” sequel, which will open in a sneak preview for one week over the Thanksgiving holiday a month before it debuts on Netflix. While the film will play at AMC and Regal locations, a first for any Netflix movie, it will only play on 600 screens.
Netflix co-CEO and chief content officer Ted Sarandos tossed cold water on hopes that the streamer’s recent deal with major cinema chains for Glass Onion: A Knives Out Mystery could be the start of something bigger.
Netflix may not be in the live sports business but it certainly wants viewers to know that it’s got some content around the edges.
If you've been sleeping with the lights on after binging terrifying true crime shows, you're not alone. It seems everyone - including Hollywood's biggest stars - has become obsessed with true crime as streaming platform Netflix and more release shows, podcasts and movies about real life mysteries. Fox News Digital spoke to psychotherapist Dr.
The mammoth cast of Rian Johnson’s murder mystery sequel, Glass Onion: A Knives Out Mystery, sidestepped spoilers and jumped over plot lines as they presented their film Sunday morning at a London Film Festival press conference.
The fourth season of The Sinner just debuted on Netflix, but don’t expect there to be a fifth season of the popular series.
Academy Award and Golden Globe-nominated actress Adriana Barraza (“Blue Beetle”) has joined Jean Reno in the family film “The Penguin and the Fisherman,” TheWrap has exclusively learned.“The Penguin and the Fisherman,” directed by David Schurmann, and co-written by Kristen Lazarain & Paulina Lagudi Ulrich and cinematography by Anthony Dod Mantle (“Slumdog Millionaire,” “127 Hours”) is based on the incredible true story of Joao Perei de Souza (Jean Reno), a Brazilian fisherman, who rescues a penguin (DinDim) covered in oil, near death, and far from his Patagonian home; washed up on a remote island beach off of Brazil. After DinDim returns to the wild, Joao is heartbroken…until a year later when DinDim returns.
K.J. Yossman Nigerian Netflix series “Becoming Abi,” created by and starring Bolu Essien, has given fans a sneak peek at what they can expect with a first trailer. Inspired by real events, the six-part series is loosely based on Essien’s own experiences in the world of Nigerian advertising. It follows her character, a young, female millennial, who finds herself overcoming numerous obstacles and challenges as she ascends in a leading advertising agency in Nigeria. As she navigates her way through the cut-throat world of advertising, she must learn to co-exist with her bosses, make friends and maybe even find love. Essien also co-directs and co-produces the series.
Sky has launched a brand new Glass deal which means users will be able to get Sky TV channels and a Netflix package for free. The Sky deal comes ahead of this year's Black Friday event and just days after Amazon launched their October Prime Day offers.
Netflix is currently in talks to stream upcoming Korean blockbuster The Match exclusively on its platform.South Korean news outlet The Korea Herald reported on October 12 that The Match – which stars Squid Game’s Lee Byung-hun and Hellbound’s Yoo Ah-in as its leading stars – is currently considering forgoing a theatrical release in favour of a Netflix premiere.The producers of The Match had reportedly previously sorted out a release date for its theatrical premiere, but are now in talks to change tactics considering local movie theatre attendance has yet to improve since the ease of COVID-19 restrictions in South Korea. However, representatives of Netflix told The Korea Herald that “nothing has been decided yet”.Based on true events, The Match follows the tale of two notable Go (a traditional Chinese board game) players set in the ’80s and ’90s.
Netflix has previewed a selection of upcoming films and shows aimed at the Arab world and hailing from Saudi Arabia, Kuwait, UAE, Egypt, and Jordan.
Matt Donnelly Senior Film Writer Lee Schroder has been named an executive in the motion picture marketing department at CAA. Schroder joins the powerhouse agency from Netflix. Reporting to department head Megan Crawford, she will help advise clients on all aspects of a film marketing and distribution strategy for theatrical and streaming releases. The marketing team works closely with CAA Media Finance, led by Roeg Sutherland and Benjamin Kramer, which funds and packages many indies and mid-budget commercial fare. Schroder will also advise the CAA roster on festival and awards campaign strategies, and curating the agency’s effective tastemaker screenings.
EXCLUSIVE: Theo Rossi has joined the Netflix Amblin Jaume Collet-Serra directed feature thriller Carry On opposite Jason Bateman, Taron Egerton and Sofia Carson.