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‘Succession’ Finale: What Will Happen? Betting Site Says Waystar Royco Sale Is Odds-Favorite Outcome - variety.com - Norway
variety.com
25.05.2023 / 18:05

‘Succession’ Finale: What Will Happen? Betting Site Says Waystar Royco Sale Is Odds-Favorite Outcome

Todd Spangler NY Digital Editor The four-season run of “Succession,” HBO’s highbrow family corporate drama, is coming to its conclusion — with the show giving viewers no clear tea leaves on what the future holds for Waystar Royco or the media conglomerate’s internecine clan. Will one of the Roy progeny ultimately take the throne as the new CEO, fulfilling the prophecy implicit in the show’s title? Or will Waystar Royco wind up in the clutches of GoJo? Ahead of the series finale’s airing on Sunday, May 28 (on HBO and the newly relaunched Max), wagering site DraftKings drew up hypothetical odds for the likeliest outcomes. SEE ALSO: Jeremy Strong’s ‘Succession’ Method Acting Was So Intense That He’d Practice Asking Strangers Where the Bathroom Was

Comcast, Disney ‘Tens of Billions’ Apart on Hulu Valuation, Now Aiming at Early 2024 Agreement (Report) - thewrap.com
thewrap.com
25.05.2023 / 15:37

Comcast, Disney ‘Tens of Billions’ Apart on Hulu Valuation, Now Aiming at Early 2024 Agreement (Report)

The Wall Street Journal reported that the two media and entertainment giants want to reach a deal to resolve the ownership of Hulu, but the disagreement over how much the nation’s fifth-largest streaming service is worth is stalling progress. Neither Disney nor Comcast responded to requests for comment.Disney owns two-thirds of Hulu, while Comcast owns one-third, acquired when it took control of one of the streamer’s founding backers, NBCUniversal, in 2011.

Disney Begins Round Of Layoffs Outside The U.S. - deadline.com - Britain - France - London - Germany
deadline.com
25.05.2023 / 10:15

Disney Begins Round Of Layoffs Outside The U.S.

EXCLUSIVE: The layoffs impacting thousands of Disney staff in the U.S. have spread to Europe, the Middle East, and Africa.

What’s New in Max: 10 Key Changes as HBO Max Relaunches With Discovery Content, Enhanced Features - variety.com - London - New York - state Washington
variety.com
23.05.2023 / 10:41

What’s New in Max: 10 Key Changes as HBO Max Relaunches With Discovery Content, Enhanced Features

Todd Spangler NY Digital Editor Max, Warner Bros. Discovery’s bulked-up and revamped streaming service that takes the place of HBO Max, makes it U.S. debut on Wednesday (May 23). Max makes several subtle enhancements aimed at making the service easier to use and more engaging — while execs say it should also be more stable than HBO Max. According to the company, a “large portion” of HBO Max subscribers will have their apps automatically updated to Max — while in some cases, users will be prompted to download an updated Max app. If all goes as planned, HBO Max subscribers will have their previous plan (including their username, password and billing information), profiles, avatars, and settings including “Continue Watching” and “My List” items migrated over to the new Max.

Paramount+ With Showtime to Launch in U.S. Next Month, Standalone Showtime App to Be Shut Down by End of 2023 - variety.com
variety.com
22.05.2023 / 21:41

Paramount+ With Showtime to Launch in U.S. Next Month, Standalone Showtime App to Be Shut Down by End of 2023

Todd Spangler NY Digital Editor It’s the beginning of the end for Showtime as a standalone brand. Paramount Global will launch the newly integrated Paramount+ With Showtime service in the U.S. on June 27, establishing it as the company’s top-tier streaming product without commercials. As previously announced, the Paramount+ With Showtime plan will cost $11.99 per month — up 17% from $9.99/month, but still less than the standard ad-free packages from rivals like Warner Bros. Discovery’s Max (nee HBO Max) and Netflix. At the same time, the price of the Paramount+ Essential Plan (without Showtime) will increase from $4.99 to $5.99 per month.

TikTok Sues Montana Over Law Banning the App, Arguing It Violates First Amendment - variety.com - China - USA - Montana - Taiwan
variety.com
22.05.2023 / 21:41

TikTok Sues Montana Over Law Banning the App, Arguing It Violates First Amendment

Todd Spangler NY Digital Editor TikTok says Montana’s newly enacted law that would criminalize usage of the short-form video app is unconstitutional — and the app company has taken legal action to fight the state’s ban. TikTok filed a lawsuit Monday in the U.S. District Court for the District of Montana seeking to have the law reversed. It was signed into law last week by Montana Gov. Greg Gianforte, who said it would “protect Montanans’ private data and sensitive personal information from being harvested by the Chinese Communist Party.” TikTok is owned by ByteDance, a China-based internet conglomerate. “We are challenging Montana’s unconstitutional TikTok ban to protect our business and the hundreds of thousands of TikTok users in Montana,” the app maker said in a statement. “We believe our legal challenge will prevail based on an exceedingly strong set of precedents and facts.”

Disney Begins Third Round Of Planned Layoffs - deadline.com
deadline.com
22.05.2023 / 18:39

Disney Begins Third Round Of Planned Layoffs

EXCLUSIVE: The third wave of layoffs at Disney got under way today, sources tell Deadline.

Disney Parks Chief Josh D’Amaro Says Clash With Florida Gov. Ron DeSantis Has Not Hurt Business; Company Still Plans To Spend $17B In State Over Next Decade - deadline.com - Florida
deadline.com
22.05.2023 / 14:21

Disney Parks Chief Josh D’Amaro Says Clash With Florida Gov. Ron DeSantis Has Not Hurt Business; Company Still Plans To Spend $17B In State Over Next Decade

If the feud between Disney and Florida Gov. Ron DeSantis was going to be escalated yet again, parks chief Josh D’Amaro didn’t seem like he would be the one to do it.

Florida Man Attacks! Ron DeSantis Says “Zero” Chance He’ll Back Down In Disney Battle; Wants “Woke” Judge In Mouse House Suit Tossed - deadline.com - California - Florida - state New Hampshire
deadline.com
19.05.2023 / 22:49

Florida Man Attacks! Ron DeSantis Says “Zero” Chance He’ll Back Down In Disney Battle; Wants “Woke” Judge In Mouse House Suit Tossed

If you figured the war between Disney and Gov. Ron DeSantis was going to take a breather for the weekend, think again.

Cannes Day 4: Harrison Ford and Indiana Jones Return for Palais Glory - thewrap.com - USA - county Jones - Indiana - county Harrison - county Ford - county Davis - county Clayton - county Waller
thewrap.com
19.05.2023 / 15:13

Cannes Day 4: Harrison Ford and Indiana Jones Return for Palais Glory

Cannes took audiences back to their childhoods with the first screening of “Indiana Jones and the Dial of Destiny.” The film’s splashy premiere saw stars Harrison Ford, Phoebe Waller-Bridge and Mads Mikkelsen walk the red carpet, alongside Walt Disney CEO Bob Iger and director James Mangold. The first reactions were slow to drop but were filled with enthusiasm.

Disney Sticks It To DeSantis & Scraps Plan To Move Staffers To Florida From California; “Considerable Changes” In Situation, Parks Boss Josh D’Amaro Says - deadline.com - California - Florida - Lake
deadline.com
18.05.2023 / 20:45

Disney Sticks It To DeSantis & Scraps Plan To Move Staffers To Florida From California; “Considerable Changes” In Situation, Parks Boss Josh D’Amaro Says

Just over a week ago, Bob Iger rhetorically asked the adversarial  Gov. Ron DeSantis if Florida really wanted Disney’s considerable business and tax revenue, or not. Now, without mentioning the would-be presidential contender nor his attacks on the company, the Mouse House has pulled some of that business and taxes revenues from the Sunshine State.

YouTube 2023 Upfront: Platform to Launch Unskippable 30-Second Ads on TVs, Roger Goodell on Hand to Tout NFL Sunday Ticket Pact - variety.com - New York
variety.com
18.05.2023 / 00:37

YouTube 2023 Upfront: Platform to Launch Unskippable 30-Second Ads on TVs, Roger Goodell on Hand to Tout NFL Sunday Ticket Pact

Todd Spangler NY Digital Editor YouTube’s biggest ad innovation for 2023? It might be borrowing a well-worn page from old-fashioned linear TV. At the YouTube Brandcast upfront event Wednesday in New York, execs announced the introduction of 30-second unskippable ads in top-performing YouTube content on TVs — you know, just like the commercials that have run on broadcast and cable networks for decades. YouTube also will start testing new “Pause Experiences” for YouTube on TV screens, showing an ad when viewers pause a video akin to the pause ads Hulu first bowed four years ago. In their pitch to Madison Avenue types, YouTube execs also boasted of the streaming service’s massive reach: More than 150 million unique viewers in the U.S. watched YouTube and YouTube TV on televisions for the month of December 2022, according to Nielsen estimates. YouTube remains the No. 1 most-watched service on TV screens in America (across both streaming platforms and traditional TV networks), and in April was one of the only streamers to see month-to-month growth, per Nielsen.

Disney Content Spending in 2023 May Be Lower Because of Writers Strike, CFO Says - variety.com - New York
variety.com
17.05.2023 / 15:17

Disney Content Spending in 2023 May Be Lower Because of Writers Strike, CFO Says

Todd Spangler NY Digital Editor Disney has pegged total cash content spending at around $30 billion for this year — but the ongoing Writers Guild of America strike may drive that down, CFO Christine McCarthy said. “If you haven’t noticed we’re in the middle of a writers strike,” McCarthy said, speaking Wednesday at MoffettNathanson’s Technology, Media and Telecom Conference in New York. The WGA walkout may reduce Disney’s cash spending on content for the balance of the year, she said. At the MoffettNathanson conference, MCarthy appeared alongside Disney president of ad sales Rita Ferro. The two Disney execs spoke a day after the media conglom’s upfront presentation in the Big Apple to ad buyers and brands — which was noticeably light on scripted fare, given the writers strike. Marvel’s Kevin Feige previewed upcoming Disney+ series “Secret Invasion,” featuring Samuel L. Jackson and Don Cheadle, and announced premiere dates for “Loki” Season 2 and “Hawkeye” spinoff “Echo.”

Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney; Calls Mike Cavanagh, Who Stepped In For Fired Jeff Shell, “Calming Influence” - deadline.com
deadline.com
16.05.2023 / 15:57

Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney; Calls Mike Cavanagh, Who Stepped In For Fired Jeff Shell, “Calming Influence”

The CEO of NBCUniversal parent Comcast said it’s “more likely than not” the company will end up selling its third of Hulu to Disney, after his Mouse counterpart indicated clearly last week that this would be Disney’s preferred outcome. There’s been some grandstanding over the past year as the deadline approaches, but both of Hulu’s parents appear to be on or near the same page now.

Comcast CEO Brian Roberts Says It’s ‘More Likely Than Not’ They’ll Sell Remaining Hulu Stake to Disney - thewrap.com
thewrap.com
16.05.2023 / 15:21

Comcast CEO Brian Roberts Says It’s ‘More Likely Than Not’ They’ll Sell Remaining Hulu Stake to Disney

Comcast CEO Brian Roberts addressed the company potentially selling its 33% stake in the streamer. “I think it’s more likely than not,” Roberts said. “I’m pretty certain if and when we sell our Hulu stake, it’ll be for more than what we have, and in fact, that’s contractually certain.”Disney currently owns 67% of Hulu with with Comcast’s NBCUniversal holding a minority stake.

Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney - deadline.com
deadline.com
16.05.2023 / 14:55

Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney

The CEO of NBCUniversal parent Comcast said it’s “more likely than not” the company will end up selling its third of Hulu to Disney, after his Mouse counterpart indicated clearly last week that this would be Disney’s preferred outcome. There’s been some grandstanding over the past year as the deadline approaches, but both of Hulu’s parents appear to be on or near the same page now.

Podcast U.S. Ad Revenue Projected to Hit $2.3 Billion in 2023, up 43% - variety.com
variety.com
11.05.2023 / 19:43

Podcast U.S. Ad Revenue Projected to Hit $2.3 Billion in 2023, up 43%

Todd Spangler NY Digital Editor Listen up! While podcast advertising revenue remains relatively small, it’s growing quickly — and the sector is poised for a strong double-digit gain this year, despite economic headwinds. In 2023, U.S. podcast ad revenue is expected to total $2.28 billion, up 43% year over year, according to new research conducted by PwC for the Internet Advertising Bureau (IAB). Last year, the segment increased 26%, to hit $1.8 billion, per the study. By 2025, podcast advertising revenue in the U.S. is projected to reach about $4 billion. Overall, podcasting continues to be one of the fastest-growing digital channels, growing two times faster than digital advertising overall — although for 2022 it remained less than 1% of the total pie (which PwC pegged at $209.7 billion).

Disney Shares Fall On Mixed Quarter Amid Hulu & Succession Overhang; Wall Street Analysts Say Stock Undervalued - deadline.com
deadline.com
11.05.2023 / 18:41

Disney Shares Fall On Mixed Quarter Amid Hulu & Succession Overhang; Wall Street Analysts Say Stock Undervalued

Disney is the DJIA’s worst performer today with shares down over 8% after reporting fiscal second quarter earnings that were mixed and a bit messy as the company and industry reset.

Time to Grow Up, Disney+ and Hulu: Content Cuts Coming as Part of Streaming’s ‘Maturation Process’ - variety.com
variety.com
11.05.2023 / 01:43

Time to Grow Up, Disney+ and Hulu: Content Cuts Coming as Part of Streaming’s ‘Maturation Process’

Cynthia Littleton Business Editor Disney is going on a diet — but Hulu is still on the menu. Disney CEO Bob Iger and chief financial officer Christine McCarthy delivered a clear message on Wednesday to Wall Street and to Hollywood during Disney’s quarterly earnings call. Disney will cut the overall volume of content produced for its streaming platforms — primarily Disney+ and Hulu — as it deals with a much tighter macroeconomic environment, not to mention the uncertain impact of the writers strike that began May 2. After spending just under $30 billion on content in Disney’s 2022 fiscal year (which ends in September), Iger has targeted $3 billion in savings for 2023. Of that $30 billion, about 30% is devoted to sports rights for ESPN and ABC Sports.

Disney CEO Bob Iger Places Future of Hulu in Comcast’s Lap - thewrap.com
thewrap.com
10.05.2023 / 22:15

Disney CEO Bob Iger Places Future of Hulu in Comcast’s Lap

combined into one app offering by the end of the year on Wednesday, Disney CEO Bob Iger has suggested that the future of the hybrid subscription/ad-supported streamer remains in the hands of rival Comcast. Under a 2019 put/call agreement, Disney can buy out the NBCUniversal parent’s 33% minority stake in Hulu as early as January 2024 – and Comcast can require that Disney do so.

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