Sweden’s Stockholm International Film Festival has denied reports that it disinvited U.S.-Israeli filmmaker and actress Aleeza Chanowitz as an in-person guest at its ongoing edition, running from November 8 to 19.
25.10.2023 - 13:29 / variety.com
Todd Spangler NY Digital Editor TelevisaUnivision powered to its highest third-quarter revenue total in the U.S. to date, up 5% year-over-year, as overall global revenue increased 11% to $1.28 billion. The Spanish-language media company also touted growth of streaming service ViX to more than 40 million monthly active users and said the direct-to-consumer segment was on track to become profitable in mid-2024.
Q3 advertising revenue was up 11%, to $777 million, which TelevisaUnivision attributed to record-setting sales for the Concacaf Gold Cup soccer tournament and 20th anniversary of tentpole music awards show Premios Juventud, which aired July 20 from Puerto Rico. In the U.S., however, ad sales declined 1% year-over-year. Subscription and licensing revenue jumped 18%, to $473 million.
Growth in both the U.S. and Mexico was driven by ViX’s premium tier, pricing growth on linear subscribers and increased content licensing revenue driven by demand for ViX premium content. (The company does not break out the number of ViX premium subscriptions.) According to the company, TelevisaUnivision improved losses in its direct-to-consumer business by almost 60% in Q3.
Net income was $46.4 million, up 38%, thanks to a $29.5 million gain on the sale of certain assets. “TelevisaUnivision delivered another strong quarter of double-digit growth, which propelled us to historic highs in a number of areas in our business, including record third quarter revenue in the U.S.,” CEO Wade Davis said in prepared remarks. On linear TV in the U.S., TelevisaUnivision captured 65% share of primetime Spanish-language viewing in the quarter, its highest market share in nearly a decade; its primary rival in the U.S.
Sweden’s Stockholm International Film Festival has denied reports that it disinvited U.S.-Israeli filmmaker and actress Aleeza Chanowitz as an in-person guest at its ongoing edition, running from November 8 to 19.
The Grierson Trust is “urgently investigating” reports of an antisemitic incident during last week’s documentary awards ceremony in London.
CNN, the New York Times, the Associated Press and Reuters said that they had no prior knowledge of the October 7 Hamas attacks on Israel, after the Israeli government of Benjamin Netanyahu seized on allegations that freelance photographers may have been embedded with the terrorist group.
Brent Lang Executive Editor John Wick continues to be the straw that stirs the drink at Lionsgate. The home entertainment debut of the fourth film of the hit man hit man series and the premiere of its streaming spin-off “The Continental” lifted revenues at Lionsgate to just over $1 billion, beating Wall Street’s estimates.
Michael Schneider Variety Editor at Large Homer Simpson’s reported decision to stop strangling his son, Bart, has fans talking — at least on the Internet. That’s where everyone, of course, has an opinion.
Patrick Frater Asia Bureau Chief Chen Shaojie, the founder and CEO of leading gaming live-streaming platform DouYu, has disappeared and has been incommunicado for some three weeks, according to multiple Chinese media sources. The local reports, subsequently carried by the Financial Times and the Alibaba-owned South China Morning Post based in Hong Kong, allege that Chen’s disappearance is related to discovery by authorities of pornography and gambling content on the platform. Both are illegal in mainland China.
TKO Group, the new Endeavor-owned public company created by the merger of UFC and WWE, posted its first quarterly financial results today driven by Ultimate Fighting Championship, which saw its numbers buoyed by media rights, content fees, live events and sponsorship for the three months ended in September.
Updated November 2… Fears are growing for the health of detained Iranian human rights lawyer Nasrin Sotoudeh following fresh details of the violent circumstances of her arrest and current physical condition.
Police raced to an Edinburgh street earlier today after reports of 'shooting at a house'.
Production expenditure on scripted screen production in Australia in 2022/23 was the second highest on record at $1.49BN (A$2.34BN) across 213 titles, according to Screen Australia’s annual drama report, but spend on Australian theatrical features declined by 54% from last year.
Britney Spears has so much to celebrate right now.
Friends star Matthew Perry has died aged 54, according to reports.
Taylor Swift oozed glamour as she headed out to dinner with newlyweds Jack Antonoff and Margaret Qualley in New York City on Friday evening. The singer, 33, gave a masterclass in autumnal dressing as she modelled a metallic brown mini skirt with an oversized burnt orange leather blazer.Taylor sported a tight black top and a pair of statement burgundy platform boots, and added bright red lipstick to contrast her look along with light brown eyeshadow.
Taylor Swift is officially a billionaire, according to new reports.The new announcement of the pop star’s wealth arose yesterday (October 26), with a new report from Bloomberg that broke down her estimated net worth.It comes as little surprise that Swift has broken into billionaire territory – with her string of new albums, live shows and recent concert film making countless headlines over the past year and breaking various records in the process.The publication describes Swift’s brand as “essentially a multinational conglomerate with the world’s most devoted customer base”, and reports her total net worth as being $1.1bn (£907m).No doubt, much of this fortune will come from the singer-songwriter’s string of re-recorded albums which she has made in a bid to regain control of her master recordings. The most recent of which was the re-release of her 2014 album ‘1989’, which arrived today (October 27) and is predicted to become one of the bestselling records of the year (via The Independent).Another huge source of revenue for the singer is her record-breaking run of live shows as part of her ongoing ‘Eras’ tour.The stadium-filling gigs – which kicked off in March and are set to run until late next year – are set to become the most lucrative in music history.
Todd Spangler NY Digital Editor Remember Twitter? That was Elon Musk‘s favorite social-networking service. He was such a fan that he made a $44 billion bid for the company, then tried to renege on the deal when tech stocks swooned in 2022 before he was forced to consummate the pact after Twitter sued him. The tech mogul closed the debt-burdened Twitter deal on Oct.
Taylor Swift is finally addressing the “Gaylor” rumors that have been spreading for years, in which fans have come up with wild theories of her dating female friends.
Dorit Kemsley and husband Paul “PK” Kemsley are addressing the recent reports about their marriage.
K.J. Yossman The partners of transatlantic production company Fulwell 73 have released a statement condemning the “devastating terrorist attack against Israel” two weeks ago and expressing concern over how the conflict is being reported by the media.
TelevisaUnivision reported a 1% year-over-year dip in U.S. advertising revenue in a third quarter otherwise propelled by the company’s strike-resistant media operations in Mexico.
More details are coming out in the Jonathan Majors case and a new filing from prosecutors has shed some new light on what’s going on.