Peacock Hits 28 Million Monthly Active U.S. Accounts, 13 Million Paid Subscribers

Jennifer Lopez knows how great she looks in a white dress, so she’s not waiting for her wedding day to wear one.The singer and actress was spotted in Los Angeles on Saturday, May 14 while running errands with her daughter, 14-year-old Emma Muniz. For the outing, the star wore a beautiful, lacy white midi dress, which features a deep-V neckline and cinches at the waist.

Marc Anthony proposed to his now fiance Nadia Ferreira, and while the news is exciting- it always comes back to JLo. Ferreira celebrated her 23rd birthday this week, and she shared a photo of the stunning engagement ring on Instagram, where her fiance’s hand is gently placed over hers.

Joe Otterson TV ReporterSkydance Television, Concord Originals, and Jennifer Lopez’s Nuyorican Productions are teaming to develop a limited series based on Rodgers and Hammerstein’s “Cinderella.”Rachel Shukert will write the adaptation in addition to serving as executive producer and showrunner. Lopez, Elaine Goldsmith-Thomas, and Benny Medina will executive produce for Nuyorican.

There’s a limited series based on Rodgers & Hammerstein’s  in the works from Jennifer Lopez‘s Nuyorican Productions, Skydance Television, and Concord Originals. The project is an original take on the musical to be written by Rachel Shukert (GLOW, The Baby-Sitters Club) who will also executive produce and serve as showrunner.

Jennifer Maas TV Business WriterCraig Dorfman’s New York-based talent management company Frontline Entertainment has been acquired by Three Six Zero.In acquiring Frontline Entertainment, Three Six Zero is gaining both Dorfman’s clients, including “Bel-Air” star Jabari Banks, and his management team, which will move in-house at the company. As part of the deal, Dorfman has been named a partner at Three Six Zero.Three Six Zero, founded by British businessman Mark Gillespie, has offices in Los Angeles, Miami and London, and represents a variety of talent in the music, film, television and digital content landscape, including Calvin Harris and BloodPop.

Ben Affleck and Jennifer Lopez are still on the hunt for the perfect house!

Bridgerton stars Regé-Jean Page and Phoebe Dynevor took the world by storm last year in the hit Netflix show, and on Thursday sent fans into a spin as they shared a brand new photo of their epic reunion at the Met Gala on Sunday.RELATED: Met Gala 2022: The most glamorous red carpet looks from Katy Perry to Gwen StefaniThe Duke and Duchess of Hastings actors looked closer than ever at the star-studded event, and at Tom Ford's exclusive afterparty they later posed for a candid snap.WATCH: Bridgerton Star Regé-Jean Page Responds To James Bond RumoursPosting the black-and-white photo to her Instagram, Phoebe penned: "We’ve come a long way since that first chemistry read in LA Mr @regejean thank you @gregwilliamsphotography for capturing this moment."READ: Bridgerton star Phoebe Dynevor's London home is dreamy – see insideSEE: Bridgerton's Phoebe Dynevor reveals the exact lip liner she wore on the show In the photo, Regé-Jean was looking at his onscreen wife with a huge grin on his face, whilst Phoebe looked straight down the lense with a stunning smile. A post shared by PD

AMC Networks hit 9.5 million streaming subs for the first quarter of 2022, up from just over 9 million sequentially and in a newly antsy streaming world recommitted to its long-term goal of 20-25 million subs by 2025.

Jennifer Maas TV Business WriterParamount+ and Showtime topped a combined 63 million subscribers at the end of the first quarter, Paramount Global revealed Tuesday. From that new total, 6.8 million are Paramount+ sub additions from Q1.That’s up from the combined 56 million subscribers that the company reported the streamers hit by the end of 2021.

Jennifer Maas TV Business WriterFormer AMC Networks chief Josh Sapan’s compensation for 2021, his final year as CEO of the company, rose 30% over the previous year to $15.3 million.According to a proxy statement filed with the SEC Friday, Sapan’s total pay from the company for 2021 was $15.3 million compared to the $11.8 million he received in 2020 and the $20.2 million he was paid in 2019.Click here to sign up for Variety‘s free Strictly Business newsletter covering earnings, financial and investment news, and more.Sapan’s successor, AMC Networks interim CEO Matthew Blank, was paid $6.97 million for the year. Blank joined AMC Networks in his new role in August just as Sapan stepped down.Blank’s base salary for 2021 was $630,136, while Sapan’s was $2 million.

Paid subscriptions were up for Peacock in Q1, Comcast CEO Brian Roberts announced on Thursday on the company’s earnings call.Peacock added 4 Million paid subscribers in Q1, for a total of 13 million. Roberts also noted the service had reached 28 million active accounts in total.Last quarter, Peacock had 9 million paid subscribers and a total of 24.5 million active users.The increase comes on the heels of Peacock airing a variety of big sporting events including the Winter Olympics and the Super Bowl.

our new joint venture with Charter. This partnership demonstrates the benefits of our focus on innovation and enables us to bring entertainment aggregation and streaming products that run off our global technology platform to millions more customers.”NBCUniversal’s revenue in particular went up 46.6% to $10.3 billion quarter over quarter, but even excluding the Super Bowl and Olympics, the media unit still saw a growth of 36.3%, the studios unit went up 15.1%, and theme parks skyrocketed quarter over quarter 151.9% due to the parks operating at a lower capacity due to COVID.

Jennifer Lopez rocks a vintage Coca-Cola tee while picking up some things from a local shop in Los Angeles on Tuesday (April 26).

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Jennifer Maas TV Business WriterIn the wake of big spender Netflix’s Q1 shocking subscriber loss news, David Zaslav made a point to say Warner Bros. Discovery “will not overspend to drive subscriber growth” during Discovery’s first-quarter earnings call Tuesday.“As you’ve heard me say, we are not trying to win the direct-to-consumer spending war,” the WBD CEO said, instead promising that the newly combined WarnerMedia-Discovery company would “invest in scale smartly.”Warner Bros.

Jennifer Maas TV Business WriterEntertainment-focused private investment firm Coral Tree Partners has closed its inaugural round of funding with committed capital of approximately $470 million, well above the initial target of $350 million.Per Coral Tree, inaugural fund was “significantly oversubscribed above its original hard cap” and “received strong support from a range of high‐quality institutional investors, including endowments, foundations, insurance companies, pension plans, institutional family offices and funds‐of‐funds.”Founded by former Shamrock Capital Advisors partners Will Wynperle and Alan Resnikoff, Coral Tree Partners is focused on investments in the media, entertainment, marketing services, and communications industries, lower middle market buyouts, and late state growth equity investments. Currently, the Los Angeles-based company has two investments to its name: Loaded, a Santa Monica, Calif.‐based global talent management and marketing firm that works in the gaming influencer market, and Subject Matter, a Washington, D.C.‐based strategic communications, creative content, advertising and government relations firm.Along with Wynperle and Resnikoff, the Coral Tree Partners team includes Mike DiLorenzo, Matt Greenzang and Jake Simons, who have worked with the founders previously, as well as a group of executive advisors comprised of several CEOs, including the former CEOs of Giant Creative, Learfield Sports, MarketCast and Questex.“Our investment experience in our sectors combined with our lower middle market focus differentiates us in the market,” Wynperle said.

Jennifer Maas TV Business WriterHBO’s “House of the Dragon” cost under $20 million per episode to produce its 10-episode first season, which debuts Aug. 21, a source close to production told Variety.For comparison, “Game of Thrones” cost HBO around $100 million to per season.

Jennifer Maas TV Business WriterNetflix reported its first-quarter 2022 earnings Tuesday, revealing how the company did in terms of subscriber signups and financial growth in the three-month period that included the debuts of “Bridgerton” Season 2 and “The Adam Project.”The streaming service lost 200,000 subscribers in Q1 and said it expects to lose another 2 million in the current second quarter. In January, Netflix reported it had 221.84 million subscribers at the end of 2021. The new total is 221.64 million subs.Netflix previously forecast 2.5 million paid net adds in Q1 while Wall Street analysts expected Netflix to add 2.8 million new subscribers worldwide in the first quarter vs.

Jennifer Maas TV Business WriterHBO’s “Winning Time” has landed a series high for the third week in a row, drawing 1.4 million viewers across HBO and HBO Max on Sunday.Per HBO, Episode 7 of the Los Angeles Lakers drama was up up 11% vs. last week’s episode and 59% above the season premiere.