Television
Search documents
Will Saudi Arabia End up Buying a Big Part of Hollywood?
Business Insider· 2025-11-20 21:42
Core Viewpoint - The potential involvement of Middle Eastern sovereign wealth funds in Paramount's bid for Warner Bros. Discovery has sparked significant discussion, with conflicting reports about the nature of this financial backing [1][2][3]. Group 1: Bid for Warner Bros. Discovery - Paramount's bid for Warner Bros. Discovery is reportedly valued at $71 billion, with speculation about the involvement of Saudi Arabia's Public Investment Fund and other regional officials [2]. - Despite denials from Paramount regarding the initial reports of Arab sovereign wealth funds backing the bid, other publications have suggested that such partnerships could be possible [1][2]. - The interest from petrostates in American media assets indicates a shift in the landscape, where oil money is increasingly seen as a viable source of funding for major deals [3]. Group 2: Historical Context of Petrostate Investments - Petrostate investments in high-profile assets, including media properties, have been on the rise, with examples such as Saudi Arabia's investments in sports and gaming [4]. - The historical context shows that foreign investments in American media are not new, with notable examples including Rupert Murdoch's Fox and Sony's acquisition of Columbia Pictures [10]. - The acceptance of foreign money, particularly from petrostates, has fluctuated based on political climates and events, such as the Khashoggi incident, which initially caused American firms to distance themselves from Saudi investments [7][8]. Group 3: Implications of Petrostate Financing - The potential for oil money to influence content creation in media companies raises questions about editorial independence and the nature of the content produced [12]. - The current political climate suggests that American companies may feel compelled to engage with petrostates for financial support, despite past controversies [8][12]. - The ongoing debate about whether these investments are primarily for profit or to improve the reputation of the investing countries continues to shape perceptions of such deals [5].
How Reese Witherspoon Turned Star Power Into an Empire | The Circuit
Bloomberg Originals· 2025-11-20 09:00
I am here in Los Angeles and I'm feeling the sunshine. I'm about to go meet someone who's at the top of the A-list. She is now making her own list of who and what really matters.So many people came back stage to tell me, do you know there's a line around the corner and I didn't and now I'm scared. Welcome to Shine Away, part summit, part sisterhood, where founder Reese Witherspoon brings together A-list stars, authors and innovators in a celebration of ambition, community and the power of women's stories. W ...
Disney and YouTube TV have made peace, but you can expect more blackouts in 2026
Business Insider· 2025-11-17 17:53
Core Insights - Disney's channels, including ESPN, have returned to YouTube TV after a 15-day blackout, marking the longest carriage dispute for Disney to date [1] - Disney has warned of potential future TV blackouts due to expiring distribution contracts with pay-TV providers in fiscal year 2026, which could lead to temporary or longer-term service interruptions [2] Industry Dynamics - Media analyst Alan Wolk suggests that carriage disputes between media firms and pay-TV providers may become more common in 2026 due to declining pay-TV subscriptions [3] - The cord-cutting trend has led media companies to increase prices for existing customers, creating a cycle of declining pay-TV subscriptions [3] Disney's Position - Disney argues that its valuable sports rights make its networks essential for major TV providers, but rising costs may lead customers to reconsider their subscriptions [4] - YouTube TV had significant leverage in negotiations with Disney due to its parent company Google, while some cable companies are becoming less reliant on pay-TV subscriptions [5] Cable Companies' Strategies - Charter has adopted a strategy of bundling streaming services with its cable packages, which has helped slow its rate of cord-cutting [7][8] - Charter's third-quarter results showed a loss of only 70,000 video subscribers, a significant improvement compared to a loss of 294,000 the previous year [8] Other Players in the Market - DirecTV is experimenting with bundling streaming services and offering "skinny bundles" focused on sports, news, or entertainment to attract customers [9] - The pay-TV market includes various players such as cable companies, satellite providers, and virtual TV services, all navigating the challenges posed by the cord-cutting trend [8] Future Outlook - Media companies like Disney need to ensure their networks provide sufficient value to satisfy investors, while TV providers have increasing reasons to resist negotiations, potentially leading to more disputes in 2026 [10]
Disney and YouTube TV have reached a deal after a costly, lengthy blackout
Business Insider· 2025-11-15 00:50
Core Points - The dispute between Disney and YouTube TV has been resolved, allowing approximately 10 million YouTube TV subscribers to access ESPN and other Disney networks again after a two-week blackout [1] Group 1: Agreement Details - YouTube TV announced that an agreement with Disney has been reached, ensuring the value of their service for subscribers and future flexibility in offerings [2] - Channels such as ABC, ESPN, and FX will be restored to YouTube TV, along with previously recorded content [2] Group 2: Duration and Impact of the Dispute - The standoff lasted 15 days, marking one of the longest carriage disputes in recent history for Disney [3] - During the blackout, YouTube TV users were unable to access popular programs, including college football and "Monday Night Football," leading to a $20 bill credit offered to subscribers by Google [3] Group 3: Reasons for the Dispute - Disney claimed that YouTube TV was unwilling to pay the current market rate for its channels, while YouTube argued that the price demanded by Disney would necessitate a price increase for subscribers [4] - Disney accused YouTube of leveraging its size and strength, while Google pointed out that Disney controls other distributors, which influenced public perception among sports fans [4] Group 4: Financial Implications - Disney reportedly lost an estimated $30 million per week, or $4.3 million per day, during the blackout, according to Morgan Stanley [5] - YouTube TV risked losing long-term customers to competing live TV services during the dispute [5]
Starz Entertainment Corp. Reports Results for the Third Quarter Ended September 30, 2025
Prnewswire· 2025-11-13 21:05
Core Insights - STARZ reported consolidated revenue of $320.9 million for the third quarter ended September 30, 2025, with a net loss of $(52.6) million, translating to a net loss per share of $(3.15) [2][4] - The company experienced U.S. OTT subscriber growth of 520,000 year-to-date and 670,000 year-over-year, reaching a total of 12.3 million U.S. OTT subscribers [4][2] - Management reiterated its previously provided 2025 outlook, indicating confidence in future performance [2] Financial Performance - Total revenue for the quarter was $320.9 million, down from $346.9 million in the same quarter last year [10] - Operating loss was $(34.8) million, compared to $(17.0) million in the prior year [10] - Adjusted OIBDA for the quarter was $21.8 million, a decrease from $33.4 million year-over-year [13] Subscriber Metrics - STARZ ended the quarter with 12.3 million U.S. OTT subscribers, a sequential increase of 110,000, while total U.S. subscribers decreased by 130,000 to 17.5 million [4][2] - Total North American subscribers, including Canada, reached 19.2 million, reflecting a sequential increase of 120,000, driven by a resolution of a carriage dispute in Canada [4][2] Debt and Cash Position - As of September 30, 2025, STARZ had $300 million outstanding on its Term Loan A credit facility and $325.1 million in senior unsecured notes, resulting in total net debt of $588.1 million [3] - The company ended the quarter with $37.0 million in cash, an increase from $17.8 million at the beginning of the period [9][3] Management Commentary - STARZ President & CEO Jeffrey Hirsch expressed optimism about the company's operational and financial performance, highlighting plans to generate new revenue through content licensing and ownership of series [2] - The management emphasized the opportunity to scale its core audience of women and underrepresented audiences with a strong slate of original content [2]
Cineverse Technology Group Signs Four New Customers for its Matchpoint™ Media Supply Chain Platform
Prnewswire· 2025-11-13 14:00
Core Insights - Cineverse (Nasdaq: CNVS) is establishing itself as a leader in the entertainment industry by signing new customers for its automated video content management platform, Matchpoint [1][2] - The company is experiencing strong market traction and interest in its technology, particularly in the streaming services sector [2][4] - Matchpoint has seen significant adoption over the past year, with various media companies recognizing its value in addressing streaming challenges [2][4] Company Developments - Cineverse Technology Group, formed in May, is leveraging its proprietary technology to enhance video streaming and content management [3][6] - The company launched Matchpoint 3.0, the most advanced version of its platform, and introduced several new streaming channels powered by Matchpoint [4][5] - Strategic partnerships have been established with various media entities, including APTN, The Asylum, and Rockbot, to enhance content delivery and expand channel offerings [3][4] Market Expansion - Cineverse is expanding its lineup of streaming channels through FAST distribution deals, indicating a broader reach in the entertainment market [2][4] - The company has made significant advancements in AI technology, including the introduction of cineSearch, an AI-powered search and discovery tool [5][6] - New in-car entertainment capabilities and partnerships with Symphony AI have been announced, showcasing the company's commitment to innovation [4][5] Financial Performance - Cineverse is set to report its second-quarter fiscal results on November 14, 2025, indicating ongoing financial transparency and engagement with investors [8]
Who is Girija Oak, Indian netizens' new crush in blue saree? Her education, career. She reacts to being called India's Monica Bellucci
The Economic Times· 2025-11-12 11:22
Core Insights - Girija Oak has gained viral fame due to a recent interview clip where she shared humorous anecdotes, particularly about her physics lecturer, while wearing a striking green-blue saree [1][7] - The actress has a long-standing career in regional cinema, with Marathi fans highlighting her prominence in the industry long before her recent viral moment [2][7] - Oak expressed her amusement at the sudden attention, noting that trends come and go, but her body of work remains [3][7] Education and Background - Girija Oak was born on December 27, 1987, in Nagpur, Maharashtra, to veteran Marathi actor Girish Oak and homemaker Padmashree Phatak [3][7] - She holds a degree in Biotechnology from Thakur College of Science and Commerce, Mumbai, and has pursued business management studies alongside theatre workshops [3][7] Career Highlights - Oak has worked across Marathi, Hindi, and Kannada film industries, with notable projects including "Gulmohar," "Lajja," and "Navra Maza Bhavra" in Marathi, and "Taare Zameen Par" in Bollywood [6][8] - She has also appeared in various OTT projects, including "Modern Love: Mumbai" and "Inspector Zende" [6][8]
X @The Wall Street Journal
The Wall Street Journal· 2025-11-04 22:45
How Taylor Sheridan became television's biggest catch. https://t.co/kj9zaaxbwu ...
MediaCo's EstrellaTV Achieves Record Audience Growth in October 2025 Largest Monthly Prime-Time Gain in Network History Among Adults 18-49
Businesswire· 2025-11-03 14:36
Core Insights - MediaCo Holding Inc. announced that EstrellaTV achieved historic ratings momentum, marking its largest year-over-year monthly percentage gain among Adults 18-49 since Nielsen measurement began in March 2010 [1] Company Performance - EstrellaTV closed out October 2025 with significant ratings growth, indicating a strong performance in the competitive landscape of multicultural media [1] Industry Context - The results reflect MediaCo's commitment to investing in content that resonates with diverse and cross-cultural Hispanic audiences, highlighting the importance of targeted programming in the media industry [1]