Latest in Corporate Affairs

EXCLUSIVE: As the coronavirus pandemic gradually releases its grip, Comcast seems to have managed through the worst of it, thanks in large part to its broadband operations. Last week, the company reported better-than-expected earnings. Despite shedding nearly half a million pay-TV customers and reporting some softness…

Live entertainment production company Silent House plans to expand into three separate and has hired industry veterans Mark Bracco and Linda Gierahn in leadership roles. Founder and CEO Baz Halpin said today that the company’s restructure will create Silent House Studios, Silent House Events and Silent House…

EXCLUSIVE: Wavelength Productions, the company founded and led by producer Jenifer Westphal, unveiled a rebrand on Tuesday. The newly named Wavelength will now operate as two divisions: Wavelength Films, the documentary and narrative film production arm, and Wavelength Studios, its nascent commercials division. The…

NewFronts mainstay Condé Nast announced 75 returning series and 50 new pilots, plus a renewed emphasis on long-form and live programming. The company delivered an online presentation for the second year in a row, but it included initiatives based on live events, an element that was missing in the Covid-affected 2020…

Crackle Plus, the streaming outfit run by Chicken Soup for the Soul Entertainment, unveiled new series and a feel-good streaming service named after the parent company during a virtual NewFronts presentation. The newest member of the streaming portfolio will launch this fall and join Popcornflix and Crackle under the…

Roku presented its first original programming slate to media buyers at the NewFronts, showcasing programming acquired in separate deals with Quibi and This Old House. In a 30-minute virtual pitch, the streaming provider noted the median age of its viewers is 39 (compared with 60-plus for the broadcast networks), and…

Amazon Prime Video is running a hurry-up offense on its NFL push. The streaming giant said it will begin exclusive carriage of Thursday Night Football in 2022, a year ahead of schedule. The streaming giant paid $1 billion a year to lock up rights in a set of long-term media packages exceeding $100 billion. The league…

EXCLUSIVE: Even in a business well-acquainted with comebacks, HBO Max has become a fairly remarkable turnaround story. While still a work in progress, the streaming service has recovered from an inauspicious launch last May to find itself a central part of the overall streaming conversation. Combined with linear HBO…

The ArcLight Cinemas in Santa Monica face an eviction lawsuit from the Santa Monica Place for non-payment of rent. Real estate investment trust Macerich served an eviction notice on April 13. The notice came a day after Pacific Theatres announced the permanent closure of all 17 of its ArcLight and Pacific…

Shares of Endeavor Group Holdings surged over the past two days as the company hit a market cap of $18 billion — nearly double its initial $10 billion valuation in SEC documents pre-IPO. Volatility's very common with initial public offerings. But as Wall Street assesses the company's business and prospects, another…

Tubi, Fox Corp.’s free, ad-supported streaming service, will enter the original programming arena this fall. While no initial details are being offered about slate, Fox said it will feature 140 hours of animation, documentaries and shows across multiple genres. The company made the announcement ahead of next week’s…

UPDATED with YouTube TV response. YouTube TV has issued a lengthy response to Roku’s latest blow in the two companies’ intensifying distribution fight. Earlier this morning, the streaming bundle was removed from Roku’s channel store, blocking it from new sign-ups but allowing existing users to continue to view the…