The Duggar family has gotten bigger! On Tuesday, Jed Duggar shared that he and his wife, Katey, welcomed their first child. The couple shared the news via their joint Instagram.“He’s here! We love you so much, baby True!
18.04.2022 - 22:43 / variety.com
Jem Aswad Senior Music EditorThe France-based streaming service Deezer, which has a relatively low profile in the U.S. but is one of the world’s largest streamers, is merging with a special-purpose acquisition company (SPAC) with an eye toward going public at a $1.13 billion valuation, the companies told the Wall Street Journal.Deezer, which launched in 2007, is merging with Paris-listed I2PO SA.
According to WSJ, it is a so-called blank-check company backed by France’s Pinault family, the controlling shareholder of Gucci-owner Kering, as well as Centerview Partners banker Matthieu Pigasse. The vehicle is headed by former WarnerMedia executive Iris Knobloch.A rep for Deezer declined Variety’s requests for further comment.
Paris-based Deezer has 9.6 million subscribers and generated revenue of €400 million in 2021, the company said. In addition to a music catalog of 90 million-plus songs, it also offers as podcasts, audio books and radio channels.Deezer attempted an IPO in 2015 but backed off after a steep decline in listeners at Pandora radio cooled the market for streaming services.
Pandora was acquired in 2018 by Sirius XM Holdings Inc. for $3 billion.While Deezer has a 29% market share in France and 17% in Brazil, its global reach is just 2%, compared with 31% for world leader Spotify, 15% for Apple Music and 13% for Amazon Music, the three largest providers.“What we’re trying to do with our partners is replicate the Apple and Amazon strategy, but we bring the music product and they bring the user base, so together we can replicate that model,” Jeronimo Folgueira, Deezer’s chief executive (pictured above), told the WSJ. “We need to compete against them and our partners need to compete against them, and together we
.The Duggar family has gotten bigger! On Tuesday, Jed Duggar shared that he and his wife, Katey, welcomed their first child. The couple shared the news via their joint Instagram.“He’s here! We love you so much, baby True!
Naman Ramachandran Banijay Rights, the global distribution arm of Banijay, has revealed the first international adaptation of hit U.K. format “Starstruck,” with a deal confirmed in South America.The show launched earlier this year to a consolidated 4.7 million viewers on U.K. broadcaster ITV and streamer ITV Hub and was re-commissioned for a second series.
social media channels.A Mountain of Entertainment. Launches 22nd June.
More than two years into its run at Fox Corp., Tubi is ramping up in original programming, planning 100 new film and TV titles over the next year as viewership continues to rise.
The Real Housewives of Atlanta, Top Chef and Below Deck are the among the shows that are getting a streaming move from Hulu to Peacock.
Happy Endings was only on the air for three seasons, but Elisha Cuthbert is thankful that the sitcom even reached that milestone.
Patrick Frater Asia Bureau ChiefSouth Korean cinema technology firm CJ 4DPlex has struck a deal with Thailand’s Major Cineplex, to open a ScreenX Premium Large Format auditorium at Major’s multiplex at Siam Paragon in Bangkok.ScreenX is a multi-projection cinema with an immersive 270-degree field of view, created by using the side walls of the theater. Some 363 ScreenX auditoriums have been installed at cinemas in 38 countries.
i news on Wednesday in which she wrote, “The competition for eyeballs is fiercer than ever – and we’ve got to ensure British broadcasters can hold their own in this fight.”She notes that the rise of “American streaming giants” over the last year has left linear channels such as the BBC and ITV with 20% less viewers. Her office has published a broadcasting white paper that would impose content regulations on U.S.
Todd Spangler NY Digital EditorComcast and Charter Communications, the two biggest cable operators in the U.S., are joining forces in the streaming wars.The two companies on Wednesday announced a 50-50 joint venture to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs to reach customers in major markets across the country with the platform.Comcast will license Flex, its aggregated streaming platform and hardware to the JV, contribute the retail business for XClass TVs, and contribute Xumo, the free, ad-supported streaming service it acquired in 2020. Charter will make an initial contribution of $900 million, funded over multiple years.The XClass TVs will be available through national retail partners and potentially direct from Comcast and Charter to provide more customer choice.
American Gods producer Fremantle has struck a strategic development deal with the film and TV arm of graphic fiction company AWA, whose backers include James Murdoch’s Lupa Systems and his sibling Elisabeth’s production firm Sister.
Todd Spangler NY Digital EditorHulu was apparently experiencing broad technical difficulties Thursday, as many users spanning the U.S. complained about problems streaming video and accessing the Hulu app.User reports of issues with Hulu began to spike around 8 p.m.
The brand new streaming service CNN+ is already being shut down.
CNN's brand-new streaming service, CNN+, is shutting down only a month after launch.In a Thursday memo, incoming CNN chief executive Chris Licht said the service would shut down at the end of April.CNN+ launched when its parent was still part of AT&T. It combined with Discovery earlier this month in a new company, Warner Bros.
Todd Spangler NY Digital EditorColin Decker, who just officially became CEO of Sony’s Crunchyroll — after merging Funimation’s anime streaming catalogs into a single offering — is leaving the company.Decker is exiting the post after more than three years at Sony, originally joining the conglomerate with its 2019 purchase of Funimation. Sony bought Crunchyroll for $1.18 billion in cash from AT&T, and Decker was appointed head of the consolidated anime/manga entertainment group.
After three years at Sony, Colin Decker is stepping down as CEO of Crunchyroll, with longtime Funimation exec Rahul Purini poised to run the anime brand as president.
Disney’s focus on genre fans and programming makes Disney+ 30% more valuable than average streaming services, according to Fandom’s “State of Streaming” report.
Snoop Dogg has announced plans to launch a new streaming service just for music released by the Death Row record label, which he took full control of earlier this year. This follows the removal of the label’s music from other streaming services once that deal was completed.Speaking on the latest episode of the ‘Drink Champs’ podcast, the rapper says: “First thing I did was snatch all the music off those platforms traditionally known to people, because those platforms don’t pay.
When several marquee albums from Death Row's catalog were pulled from digital streaming platforms last month, there was speculation that Snoop Dogg might be preparing to take the label in a new direction after acquiring it in February. In a recent appearance on Drink Champs, Snoop explained his reasoning behind removing the albums from DSPs. "First thing I did was snatch all the music off those platforms traditionally known to people, because those platforms don't pay," he began.
IMDb TV, Amazon’s free, ad-supported video on demand streaming service, is rebranding to Amazon Freevee, beginning April 27. The rebranding had been in the works for awhile, with the idea for the new moniker to share the Amazon branding of its parent company.
EXCLUSIVE: Takashi Doscher is set to write the screenplay for Sony Pictures and PlayStation Productions’ film adaptation of the latter’s hugely successful action adventure game Ghost of Tsushima, which crossed a massive milestone in January, with more than 8 million copies sold since its July 2020 debut. The project is in early development.