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Business

MSG To Split Sports & Entertainment From Media Businesses

Subway Musicians Celebrate MSG's New Series "NYC Sound Tracks"

Accelerating plans to split into two publicly traded companies, Madison Square Garden Co. filed papers today outlining a different structure than it proposed in October 2014. Under the new terms, MSG would split its sports and live entertainment operations away from its media business. MSG originally planned to separate its live entertainment and concert businesses from media and sports. Venues the company controls include Madison Square Garden, New York's Beacon Theater… Read

Business

Vivendi Chairman Vincent Bollore Ups His Stake To 10.2%

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Vivendi chairman Vincent Bollore has upped his stake in the French media giant to 10.2% only days after an activist investor challenged his strategy for the company. Bollore acquired an extra 27.7 million shares for $687 million, and his stake is now double what it was only a few weeks ago. Bollore is consolidating his grip on Vivendi in advance of an expected showdown next month with activist investor P Schoenfeld Asset Management, which has been calling for Vivendi’s… Read

TV

Sony Pictures TV Buys Dutch Pay TV Group Film1 From Liberty Media

Sony Pictures TV logo

Sony Pictures Television Networks (SPT) announced today it has closed a deal to acquire Dutch Pay TV group Film1 from John Malone’s Liberty Global. Under the deal, which still needs to get regulatory approval, SPT will fully own and operate the five Pay TV channels under the Film1 umbrella along with its Film1 Go service. Film1 offers both local language movies as well as titles from Dreamworks, Fox, Paramount, MGM and Warners. All five Film1 channels will continue to be… Read

International

Tom Stoppard & Charlie Hebdo Staff Lauded By PEN As Free-Speech Exemplars: Media

British playwright and human-rights acti

Tom Stoppard, a fevered friend of free expression and foe of bad writing, will receive the PEN/Allen Foundation Literary Service Award for his “extraordinary career as a dramatist and his abiding commitment to the defense of creative freedom worldwide.” It’s the highest honor bestowed by the American chapter of the global human-rights organization of writers and editors. Stoppard’s plays include Arcadia, The Real Thing and most recently The Hard Problem, currently running… Read

Film

All3Media Nearing Deal To Acquire Sam Mendes’ Neal Street Productions

Spectre

All3Media is closing a deal to acquire Sam MendesNeal Street Productions. A deal is expected to close within days for the company, which Mendes founded in 2003 with former BBC Drama commissioner Pippa Harris and theater veteran Caro Newling. Neal Street has been for sale since last November, when Mendes and his partners had reportedly put a $60 million price tag on the company. Though launched as a film, theater and TV company, Neal Street has enjoyed its most… Read

Film

Pedro Almodovar Unveils Cast For New Pic ‘Silencio’

Pedro Almodovar Is Honoured By The Academy Of Motion Picture Arts And Sciences

Iconoclastic Spanish director and Oscar winner Pedro Almodovar unveiled today the cast of his new feature Silencio. The film will see Emma Suarez (The Red Squirrel) and Adriana Ugarte (3some) play the same character, Julieta, in a drama that focuses on the director’s familiar themes of destiny, guilt and what makes people abandon those they love. While Suarez previously won a Goya for The Dog In The Manger, both actresses have far lower profiles internationally than… Read

International

British Election Campaign Kicks Off With First Televised Leaders Debate

Davidcameron

The British General Election campaign gets into full swing this evening with the first televised live debate between Prime Minister David Cameron and Labour Party leader Ed Miliband. The event, which will be aired on Channel 4 and Sky News, comes after months of tortuous negotiations about what format the debates, if any, should take. The impact the debates will have on this year’s elections, however, looks set to be reduced from their oversized influence in 2010. Back… Read

TV

Richard Rosenblatt Launches Whipclip Video App; Will 3rd Time Also Be A Charm?

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Serial entrepreneur Richard Rosenblatt thinks he’s found the next hot thing again: the mobile app Whipclip, launching today, that makes it easy for TV fans to snip and share pieces of video from more than 90 network shows. “Everybody is thinking forward, about how to share video,” Rosenblatt said in demoing the app to me. “The technology is finally here.” Rosenblatt was chairman of the early social-media success MySpace, selling it to Fox for $580 million in 2005, and… Read

developingTV

BBC Confirms Jeremy Clarkson Dropped From ‘Top Gear’ – Update

TOP GEAR

DEVELOPING… Refresh for latest: The BBC’s Director General Tony Hall has confirmed Top Gear host Jeremy Clarkson’s contract will not be renewed after a physical altercation with a producer. The controversial presenter was suspended on March 10, following a “fracas” with Oisin Tymon — believed to be over catering — in a Yorkshire hotel. “It is with great regret that I have told Jeremy Clarkson today that the BBC will not be renewing his contract. It is not a decision I… Read

International

Zygi Kamasa Re-Ups As Chief Exec Of Lionsgate UK, Adds Responsibilities As Chief Exec Of Lionsgate Europe

Lionsgate

Zygi Kamasa has signed a new long-term agreement to continue as chief exec of Lionsgate UK, with expanded responsibilities as chief exec of Lionsgate's European office. Kamasa will continue to grow Lionsgate UK's film, television, home entertainment and digital businesses, including distribution of Lionsgate and Summit films, production and release of its own Lionsgate UK titles and third-party acquisitions. In his expanded role he will also spearhead Lionsgate's… Read

breakingBusiness

Elaine Stritch Bio Sells At Auction To Farrar, Straus & Giroux: Media

"At Home At The Carlyle: Elaine Stritch Singin' Sondheim...Again. Why Not?" Opening Night

Stritch, the Broadway diva who played Alec Baldwin’s mom on 30 Rock and was the memorably frank subject of the docu Shoot Me, will get the bio treatment from New York Times fashion and features writer Alexandra Jacobs. Farrar, Straus & Giroux senior editor Alex Star bought the tome for an estimated quarter- to half-a million dollars, according to Capital New York. The morning tip sheet quotes Jacobs saying, “I think I’m the only person in New York who not only never met El… Read

Business

Vivendi Chairman Vincent Bollore Under Pressure From Activist Shareholder To Sell Off Universal Music Group

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Vivendi chairman Vincent Bollore is being urged to sell off the company’s Universal Music Group by activist shareholder P Schoenfeld Asset Management to boost the company’s profitability and share price. Universal Media Group, which is currently 100% owned by Vivendi, is the world’s largest music group. Bollore reportedly rejected an offer as recently as last week from John Malone’s Liberty Media for UMG. Vivendi also rejected a 2013 offer for $8.5 billion from Japan’s… Read