Corporate Affairs

KCET Cinema Seriesby The Deadline Team

Latest Corporate Affairs News

Business

Cable Cooperative Agrees To Offer Sony’s PlayStation Vue Video Service

Video streaming providers were originally known as “over-the-top” services because they gave viewers an alternative to cable and satellite. But today one of those services, Sony’s PlayStation Vue, is going back through the middle: It agreed to to offer its channel packages directly to about 9 million mostly rural cable subscribers. Sony says it will offer the service to more than 850 cable and broadband providers who belong to the National Cable Television… Read

Business

Univision Promotes Tonia O’Connor To Chief Revenue Officer, A New Position

Univision Communications CEO Randy Falco has promoted Tonia O’Connor from Chief Commercial Officer and President of Content Distribution to a newly created job: Chief Revenue Officer. And he has given her an important first assignment. She will pick a President of Advertising Sales & Marketing to replace Keith Turner, who said this month that he plans to retire by year end. Univision says that the CRO position should help the Spanish language broadcaster and digital… Read

Business

Viacom Taps Justin Dini To Be SVP Corporate Communications

Viacom just added a well-known, and respected, exec to its communications bench: Justin Dini has joined the entertainment company as SVP Corporate Communications, reporting to Communications & Culture SVP Julia Phelps. Dini moves from Brunswick Group, where he was a partner and co-led the U.S. Technology, Media and Telecom practice. He repped Viacom owner National Amusements last year during its court battles with former Viacom CEO Philippe Dauman and repped Relativity… Read

Business

Hulu Picks Kelly Campbell To Be Chief Marketing Officer

Hulu has snagged a Google vet to lead its marketing efforts, replacing Jenny Wall who announced her plan to leave in March after three years at the streaming company. Kelly Campbell will become Chief Marketing Officer later this summer, reporting to CEO Mike Hopkins. She has been Google Cloud’s Managing Director of Global Growth Marketing. Before joining Google in 2005 the Harvard MBA was an investment banker for JPMorgan Chase and FleetBoston Financial Corporation. Hulu… Read

Business

Korean Broadcasters Introduce Kocowa To Stream K-Wave Entertainment

This is for you, fans of K-pop and other forms of Korean entertainment: You’ll find it, beginning today, on a streaming platform, Kocowa, created by a joint venture of the country’s three largest broadcasters  — KBS, MBC and SBS. Those who want to watch shows ad-free a few hours after they air in South Korea can pay 99 cents a day, $6.99 a month, or $69.99 a year. Shows also will be available for free, with ads, 24-hours after they premiere. "Korean pop stars, such as PSY… Read

Business

Hasbro Shares Hit After Hollywood-Related Toy Sales Disappoint In Q2 Report

Star Wars: The Last Jedi will have to come to Hasbro’s rescue, at least when it comes to the toy maker’s ability to meet Wall Street’s earnings expectations. Company shares are down about 8% in early trading after it reported Q2 sales that — while in line with analyst forecasts — seemed light for “partner brands” which includes Hollywood-related products. Partner Brands merchandise revenues increased 1% to $230.0 million, and are down 9% to $443.0 million for the first… Read

Business

Vice Media Cuts Staff By 2% As It Sharpens Focus On Video

A dreary day for Vice Media: The millennial-focused company confirmed that it has begun to lay off about 60 people — 2% of its work force — across multiple departments, although it still plans to grow. The change partly reflects a shift in priorities toward video, and away from sports and online coverage. The cuts come a little more than a month after Vice snagged a $450 million investment from asset firm TPG. It values the company at up to $5.7 billion, CEO Shane Smith… Read

Business

Sinclair And Nexstar Vow To Share Spectrum To Help Next-Gen TV Transition

Sinclair Broadcast Group and Nexstar Media Group said today that they will share airwave spectrum in 43 markets where they both have stations to promote a transition to a new broadcast standard — ATSC 3.0 — that supporters say could revolutionize over-the-air TV. The new standard will make it easier to meld 4K programming and interactive broadband data in over-the-air transmissions. But it will not work on current TV sets. As a result, companies expect the FCC will allow… Read

Business

Movie Tickets Hit Record High Average Of $8.95 In Q2

Movie admissions fell in Q2, but exhibitors may find a silver lining when they tally their revenues. The average consumer outlay for tickets hit a new high, $8.95 — a 2.5% increase vs the period last year — the National Association of Theatre Owners reports. That tops the $8.84 in Q1, the previous high. People paid premium prices for theaters with recliner seats and for hits in 3D and large screen venues. Movies that did well in the settings included Guardians of the Galax… Read

Business

YouTube TV Adds Live Broadcast Streams In 10* Markets

Google’s making some progress in dealing with the Achilles’ heel of YouTube TV, its live streaming subscription service announced in April: It initially offered live ABC, CBS, Fox, and NBC broadcasts in just five markets — but says today that it’s adding 10, though one should have an asterisk. The new markets for live streams of the four networks’ local stations are Washington, DC, Houston, Atlanta, Phoenix, Detroit, Minneapolis-St. Paul, Miami-Ft. Lauderdale… Read

Business

Vimeo Picks Anjali Sud To Be CEO Following Year Of Setbacks

IAC’s Vimeo apparently hopes to steady itself after a turbulent year with the appointment of a new CEO: Anjali Sud, who had been GM and Senior SVP of its creator business. The announcement follows the June 2016 departure of Kerry Trainor, who had been CEO for four years. IAC chief Joey Levin stepped in as Interim CEO. Last month the company scrapped its three-year effort to create a subscription video offering. The news came just three months after Vimeo hired Alana Mayo… Read

Business

Fathom Events Owners Tap Ray Nutt To Be CEO

The nation’s three largest exhibition chains have turned to a Regal Entertainment exec to lead their effort to provide theaters with non-Hollywood content including concerts and sports events. Ray Nutt is now CEO of Fathom Events, moving from Regal where he was SVP of Business Relations. The announcement does not mention the status of John Rubey, Fathom’s CEO since 2014 when it was split from National CineMedia. AMC Entertainment, Regal, and Cinemark Holdings own… Read