Latest in Corporate Affairs

Hulu has launched a new creative advertising studio called Greenhouse and hired two senior advertising executives to bolster its commitment to its burgeoning ad business. Brandon Pierce is joining the Disney-controlled streaming operation as VP, Creative Director and Liz Levy as VP, Head of Creative for Brands. Levy…

Fox Television Stations is rolling out Fox Soul, a live, ad-supported streaming channel aimed at African-American viewers. The free channel will combine a set of new original programs with existing, locally produced Fox shows. In an announcement, the Fox Corp. division said Fox Soul will “aim to celebrate black…

The owners of Deadspin, the New York-based sports and culture website that has lain dormant for two months after a remarkable exodus of all editorial staffers, will move its operations to Chicago in a bid to restart the site. The move will align Deadspin with the Chicago-based Onion, one of the digital properties…

Mark Penn, a former strategic adviser to President Bill Clinton, and then Hillary Clinton in her 2008 presidential run, derided the marketing messages of the field of 2020 Democratic candidates as too “fuzzy-wuzzy.” Appearing on a panel on politics and media at CES in Las Vegas, Penn explained that in his experience…

A+E Networks has signed a first-look production agreement with OZY Media, a onetime magazine brand that has tech backing and has evolved into a producer of original series, podcasts and live events. While no projects were announced along with the news of the partnership, the companies said the multi-platform deal is…

AT&T’s Audience Network will soon cease to exist. AT&T said Wednesday that it will transition Audience Network's linear and streaming broadcasts in the spring to become an HBO Max Preview Channel. "We will begin to transition Audience Network from its current approach to support AT&T's broader original content and…

Warner Bros, which nearly 20 years ago released A.I. Artificial Intelligence, is bringing futuristic tech tools into its international operations, enlisting a customized AI platform recently introduced by L.A. tech firm Cinelytic. The companies announced an agreement Wednesday during CES in Las Vegas, where…

Barry Diller’s InterActive Corp. is selling CHMedia, parent of CollegeHumor and a portfolio of related brands, to CH chief creative officer Sam Reich. The transaction will result in more than 100 layoffs. All but a handful of employees at the once-pioneering satire and online video purveyor were told Wednesday they…

EXCLUSIVE: CW Seed, the CW’s free, ad-supported digital network, has acquired non-exclusive streaming rights to 14 series from BBC Studios. The second-window deal will bring more than 200 episodes and 150 hours of scripted library content to Seed, which launched as an on-demand service in 2013 and will add a live…

ViacomCBS and Comcast have set a wide-ranging carriage renewal that includes conventional elements like retransmission but also breaks new ground by bringing streaming service CBS All Access to Comcast set-top boxes. The companies said Wednesday the deal will extend retransmission consent of 23 CBS-owned television…

Craig Ramsey, CFO of AMC Entertainment, addressed hot topics including the exhibitor’s flagging stock price and its outlook on the 2020 film slate, streaming and windows in an appearance at Citibank’s TMT West Conference. “Everybody’s been saying it’s not going to be as good a year” in 2020, Ramsey said. “Well, we’ll…

Discovery and HGTV have taken a stake in Casaza, an online design platform founded in 2018 by Drew and Jonathan Scott, better known as the Property Brothers. Terms were not revealed for the investment. The Scotts have built a robust multi-media business, with their signature reality show at the center of it. Other…