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Latest Media News


Turkey PM Recep Ergdodan Cracks Down On Media Following Failed Coup

Turkey President

Turkey’s hardline Prime Minister Recep Erdogan is bringing down the hammer on the country’s media following on from the failed coup earlier this month. More than 130 media outlets, including 16 television stations, 23 radio stations, 45 newspapers, are being shut down as the Turkish government moves to consolidate its power. It follows on from the closure of other media outlets associated with the U.S.-based Turkish cleric Fethullah Gulen, a former Erdogan ally turned… Read


Pinewood Studios In $425 Million Takeover Deal With U.S. Property Fund Venus Grafton

Pinewood Logo

Pinewood Studios, one of the world’s leading production facilities companies, is nearing a $425 million deal to be taken over by U.S. property investment fund Venus Grafton.  Pinewood chief exec Ivan Dunleavy has been looking for an investor to come in to the group for some time. Pinewood owns studios and facilities across the world, including its namesake studio in the UK,  Shepperton Studios and Pinewood Studio Wales in the UK, the group also has operations in Toronto… Read


Mike Mills’ ’20th Century Women’ Selected As New York Film Fest Centerpiece

20th Century Women

Mike Mills20th Century Women, starring Annette Bening and Greta Gerwig, will have its world premiere as this year’s New York Film Festival centerpiece. The announcement was made today by the Film Society of Lincoln Center. The 54th NYFF runs September 30-October 16. The gala screening of Mills’ film, the story of three women who explore love and freedom in Southern California during the late 1970s, will take place October 8. Also in the cast are Billy Crudup, Elle… Read


Wanda Acquires China’s Leading Movie Portal Mtime For $350 Million

Wanda Group Logo

China's largest theater group Wanda has acquired China’s leading movie portal Mtime for $350 million. The move gives the ever-expanding Wanda a stronger digital presence. That’s particularly key in China, where digital ticket sales are the primary platform for consumers to buy tickets. Mtime’s business covers media, online movie ticketing, merchandising, e-commerce and movie marketing. Following on from the acquisition, Mtime teams will now oversee those aspects of… Read


Berlusconi And Bollore Face Off As Vivendi Looks To Change Terms Of Mediaset Pay TV Deal

Vivendi Chairman of the Supervisory Board Vincent Bollore during the general meeting of shareholders of Vivendi. Paris, FRANCE-17/04/2015./MEIGNEUX_meigneuxA001/Credit:ROMUALD MEIGNEUX/SIPA/1504171708 (Sipa via AP Images)

French media giant Vivendi is looking to change the terms of its deal with Mediaset over the Italian company’s pay TV unit. Vivendi confirmed that it is no longer looking to take control of 100% of Mediaset’s loss-making pay TV unit, earning the chagrin of Mediaset execs, who have fired back and accused Vivendi of breaking a signed agreement. Back in April, when news of the deal closing was announced, the Vivendi-Mediaset alliance was being heralded as a game-changer for… Read


ITV Plans To Cut Costs To Counter Brexit Impact; Enjoys Profit Increase Thanks To ITV Studios

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ITV boss Adam Crozier today announced the UK-based broadcaster-producer would be looking to cut up to $32.8 million in costs to counteract the anticipated economic fallout from Brexit and the UK’s decision to leave the European Union. "Against a backdrop of wider economic uncertainty following the E.U. referendum, we have put in place a robust plan to allow us to meet the opportunities and challenges ahead. As part of this we are targeting a £25 million reduction in… Read


Toronto To Open With ‘The Magnificent Seven’; ‘La La Land’, ‘Deepwater Horizon’ Among Galas & Presentations

Magnificent Seven 2

The 41st edition of the Toronto Film Festival will open with Sony and MGM’s The Magnificent Seven, as Deadline predicted last night. The Antoine Fuqua-directed remake of the classic 1960s Western stars Denzel Washington, Chris Pratt, Ethan Hawke, Vincent D'Onofrio, Haley Bennett and Peter Sarsgaard. It marks latest collaboration between Fuqua and Toronto. Fuqua brought Training Day and leading man Washington to TIFF 15 years ago. The announcement was made this morning at… Read


AMC Networks Launching Five MENA Channels With Qatar’s beIN Pay TV Platform


AMC Networks International is launching five channels with Qatar’s ambitious pay TV platform beIN across the Middle East and North Africa. AMC will become exclusively available to beIN subscribers in the region in HD. Four other, newly localized premium channels will also launch on the platform including CBS Reality, Extreme Sports Channel, Outdoor Channel and pre-school channel JimJam. AMC Studios' upcoming anthology drama series The Terror, an adaption of the… Read


Disney-Owned Foodles Production Admits Two Breaches Over Harrison Ford ‘Star Wars’ Accident

Harrison Ford BAFTA Britannia Awards, Los Angeles, America - 30 Oct 2015

Foodles Production, the Disney-owned production company responsible for working on the UK et of Star Wars: The Force Awakens, has admitted two health and safety breaches following the accident that crushed Harrison Ford’s leg. Ford found himself pinned by a hydraulic door on the set of the Millennium Falcon spaceship during filming. A Milton Keynes magistrates court heard that the accident could have killed the then-71 year old Ford, who was reprising his iconic turn as… Read


Paramount And European Union Finalize Deal Over Anti-Trust Investigation


Paramount Pictures and the European Union have finalized a deal as part of the EU’s anti-trust investigation into the six studios’ geoblocking of pay TV rights with Sky TV. The European Commission first launched its case in July last year against pay TV platform Sky and the six major Hollywood studios, arguing that customers across Europe should have access to Sky's services in the UK and Ireland. At the time, E.U. competition commissioner Margrethe Vestager had argued… Read

‘Trainspotting 2’ Teaser Reunites Ewan McGregor, Danny Boyle And Iggy Pop’s ‘Lust For Life’

Ewan McGregor

The boys are back in town. Ewan McGregor and Danny Boyle are reunited along with Iggy Pop’s iconic Lust for Life anthem in the teaser trailer for Trainspotting 2. Some 20 years after the original film brought a misfit group of Edinburgh-based junkies to global prominence and launched the international career of both McGregor and filmmaker Boyle, the gang have gotten together for another slice of Irvine Welsh’s deliciously black world. Robert Carlyle, Jonny Lee Miller and… Read


Alibaba Pictures Launching $300 Million Investment Fund

alibaba pictures

Only days after issuing a warning that it’s losses for the year would exceed expectations, Alibaba Pictures has launched a $300 million investment fund aimed at the entertainment business. The film unit of Jack Ma’s online giant, Alibaba Pictures is teaming with Wuhu Gopher Asset Management for the fund, which will be called the Hainan Alibaba Pictures Entertainment Industry Investment Fund. The fund was announced Monday and aims to make investments in “companies along… Read