Hemisphere Media Group has bought Lionsgate's 75 percent stake in U.S. Hispanic subscription video-on-demand service Pantaya for $124 million in cash.
18.03.2021 - 18:10 / variety.com
Rebecca Rubin Film and Media ReporterAfter a year in which most people were stuck indoors, it should come as little surprise that streaming platforms skyrocketed in popularity over the past 12 months. For the first time ever, subscriptions to streaming services surpassed one billion, reaching 1.1 billion globally.At the same time, box office receipts plummeted because movie theaters across the world were closed for a significant part of 2020.
Hemisphere Media Group has bought Lionsgate's 75 percent stake in U.S. Hispanic subscription video-on-demand service Pantaya for $124 million in cash.
Todd Spangler NY Digital EditorHemisphere Media Group said it is acquiring the remaining 75% stake of Pantaya, the U.S. Hispanic subscription video streaming service, from Lionsgate for about $124 million in cash.Pantaya was launched in August 2017 through a joint venture between Hemisphere and Lionsgate; previously, Hemisphere owned 25% of Pantaya.
Hemisphere Media Group has acquired the remaining 75% of Hispanic streaming service Pantanya that it didn’t already own from Lionsgate for about $124 million in cash.
Sylvester Stallone has never been one to shy away from the chance to expand one of his franchises. We’ve seen him do it recently with “Rambo” and the most obvious example is probably his “Rocky” franchise, which he spun off into the hugely successful “Creed” series.
My Bloody Valentine have signed with Domino Records, which has finally released the group’s entire official catalogue to streaming services.The band will also release new physical editions of each release on May 21, with 1988’s ‘Isn’t Anything’ and 1991’s’ Loveless’ being mastered fully from analog for deluxe LPs and also mastered from new hi-res uncompressed digital sources for standard LPs.It marks the first time ever that each record has been made widely available, with fans also able to take
Univision has launched PrendeTV, describing it as the “first and only streaming channels-based and VOD service created specifically for U.S. Hispanic audiences.”
EXCLUSIVE: PlanetOut, which owns Here TV and multi-channel network PlanetOut on YouTube, is partnering with Jungo TV to launch an LGBTQ+ streaming channel in India.
Netflix recently revealed the list of movies and television shows that have been banned by governments around the world from the year 2015 until present day.
noticeable boost to the box office over the past three weekends, Warner Bros. that has been the only studio to earn an opening weekend of over $10 million since the pandemic closed theaters last March.
The KLF have released a new singles compilation on streaming platforms, which includes a previously unreleased Jarvis Cocker collaboration.The British electronic duo made a surprise return in January with the release of ‘Solid State Logik 1’, a greatest hits record that marked the first time the band’s music could be heard on streaming services.Bandmates Bill Drummond and Jimmy Cauty, who scored a series of global hits in the late ’80s and early ’90s, famously walked away from the music industry
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Every year, the Motion Picture Association — the top lobbying org for Hollywood studios — compiles a detailed report analyzing the performance of the global box office. It was a thankless task in 2020, a year that saw moviegoing devastated because of the novel coronavirus pandemic, which resulted in theater closures across the U.S.
Lionsgate Play, the Mumbai-based streaming service operated by STARZ, unveiled its second original series Wednesday targeting the fast-growing India market. A college romance drama series, U Special will be headed up by veteran actor/writer/director Akarsh Khurana as showrunner.
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Big Sean has announced that his 2012 mixtape ‘Detroit’ is finally coming to streaming services.The acclaimed project, which won Mixtape Of The Year at the 2013 BET Hip Hop Awards, features the tracks ’24K’, ‘Mula’ and ‘Sellin Dreams’, and includes guest appearances from Kendrick Lamar, Royce Da 5’9″ and Chris Brown.Yesterday (March 13), the city of Detroit celebrated its annual 313 Day (313 is the area code for Detroit).
Sorry, Avengers. James Cameron's 2009 epic blockbuster Avatar has passed up Marvel's 2019 superhero extravaganza Avengers: Endgame to once again rule as the top-grossing film of all time at the global box office, not adjusted for inflation.
Well, the box office has barely been building back up, and yet we have some major news. This weekend, the all-time global box office champion is about to change again.
As James Cameron’s Avatar once again became the highest-grossing film of all time worldwide today, a long-held Hollywood tradition of the previous record-holder paying homage continued.
James Cameron‘s 2009 film Avatar has become the highest-grossing film of all-time at the global box office – again!
“Avatar” has reclaimed the title of the highest-grossing movie ever worldwide, taking the crown back from “Avengers: Endgame” on Saturday after a re-release in China that earned the James Cameron film an estimated $8.9M since Friday. This both closes and surpasses the $7.82M global box office lead held by the Marvel film prior to the re-release.