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Business

Roku Thumps Wall Street’s Q4 Estimates As Revenue And User Total Post Big Gains

Roku continued its recent momentum by reporting fourth-quarter results that beat Wall Street expectations and validated its recent strategic shifts. Earnings per share came in at 5 cents, which was a dip from 6 cents in the year-earlier quarter, but well ahead of analysts’ consensus forecast for 3 cents. Total revenue climbed 46% to $275.7 million, exceeding the consensus estimate of $262.1 million. Average revenue per user for all of 2018, on a trailing 12-month basis… Read

TV

‘Spinning Out’: Svetlana Efremova & Charlie Hewson Join Netflix Figure Skating Series

Svetlana Efremova (The Americans) is set as a regular and Charlie Hewson (Upload) will recur in Spinning OutNetflix's upcoming drama series set in the world of competitive figure skating. Created by Samantha Stratton (Mr. Mercedes), a former competitive figure skater herself, Spinning Out centers on Kat Baker (Kaya Scodelario), an up-and-coming, high-level single skater who's about to turn in her skates after a disastrous fall took her off the competition track. When… Read

Film

Netflix Lands ‘The Wandering Earth’; Sci-Fi Smash Is #2 Movie Ever In China At $600M+

The Wandering Earth

Netflix has acquired Chinese sci-fi blockbuster The Wandering Earth, taking global SVOD rights excluding Mainland China. I understand the streaming service has also picked up 2nd run rights in North America (where CMC Pictures has theatrical), Australia, New Zealand and Korea. Billed as the first Hollywood style sci-fi blockbuster out of the Middle Kingdom, the movie this past weekend became the No. 2 film ever at the Chinese box office with $560M local through Sunday… Read

breakingTV

Eminem Throws Slim Shady On Netflix Over ‘Punisher’ Cancellation

Eminem The Punisher

Netflix probably thought they made a swift surgical move cutting Marvel's The Punisher and Jessica Jones this week, but Eminem made it very clear tonight he can take a slice out of the streamer in retaliation. The Oscar winning hip hop artist took to social media late Wednesday to loudly protest the February 18 cancellation of the bloody Jon Bernthal led vigilante series: DEAR @NETFLIX, REGARDING YOUR CANCELLATION OF THE PUNISHER, YOU ARE BLOWING… Read

Business

Charter Launches Spectrum TV Essentials, A Sports-Free OTT Service For The Company’s Existing Internet Customers

Charter Communications, the No. 2 cable operator in the U.S., has announced plans to launch Spectrum TV Essentials, an OTT video service for the company’s existing internet customers who don’t already get pay-TV from Spectrum. Rolling out by the end of March, the service will cost $15 a month. It will offer live and on-demand programming from more than 60 lifestyle, entertainment and news channels owned by the likes of Viacom, Discovery, A+E Networks, AMC Networks and… Read

Business

Turner Sports Promotes Bleacher Report Executive Howard Mittman To CEO

Turner

Turner Sports is promoting Bleacher Report’s Howard Mittman, a senior-level executive since 2017, to CEO of the digital brand as its founder, Dave Finocchio, moves closer to his planned exit. Mittman has been Chief Revenue Officer and Chief Marketing Officer of Bleacher Report since August 2017. He will report to Finocchio, the current CEO and founder, until Finocchio departs the company in June. At that point, Mittman will report to Matt Hong, COO of Turner Sports, who… Read

Business

Viacom Networks Joining FuboTV’s Streaming Lineup In Carriage Deal

Viacom and FuboTV have set a carriage deal that will put nine of the programmer’s networks on the virtual MVPD’s basic tier. The networks covered by the deal include BET, CMT, Comedy Central, MTV, Nickelodeon, Nick Jr., Paramount Network, TV Land and VH1. Other Viacom networks will also be available in a higher Fubo tier, among them BET Her, BET Jams, BET Soul, Logo, MTV2, MTV Classic, MTV Live, mtvU, Nick Music, Nicktoons, and TeenNick. Viacom's Telefe and MTV Tr3s… Read

Business

Disney-Fox Reality Check: Combined Company Will Profit From Deal, But Only After Streaming Spending Spree – Analyst

20th Century Fox Disney

When Disney’s $71.3 billion deal to acquire most of 21st Century Fox closes in the coming weeks, the combined company will remain an appealing target for investors, but only those willing to indulge hefty near-term spending on direct-to-consumer streaming. That’s the basic takeaway from a new research report by Macquarie analysts Tim Nollen and Stephen Beckett. In the 18-page note to clients, the analysts reiterate their “outperform” rating on the stock, which has moved… Read

TV

‘Arrested Development’ Season 5B Gets Netflix Premiere Date & First-Look Photos

Here is your Arrested Development update by the numbers. One murder, no masterminds, one premiere date for Part 2 of Season 5. Got that? Netflix said today that the eight new episodes of its ensemble comedy starring Jason Bateman et al. will start streaming on March 15. Check the poster here and some first-look photos below; the one above is new also: You can't handle the Bluth. Arrested Development returns March 15 pic.twitter.com/07UA4hJlgB — Arrested Development… Read

exclusiveTV

‘Man In The High Castle’s 4th Season To Be Last For Amazon’s Alt-History Series

The Man In The High Castle Amazon Studios

EXCLUSIVE: The era of The Man in the High Castle is coming to an end. The upcoming coming fourth season of the acclaimed Amazon series based on Philip K. Dick's 1962 novel will be its last, I've learned. That fourth and final season is set to launch on the Jeff Bezos-founded streamer this fall. MITHC meticulously and often chillingly depicts an alternative history where the harsh Nazis and Imperial Japan won World War II and carved up the globe, including the crown jewel… Read

Film

Jennifer Salke On Amazon’s Film Future, Sundance Deals & The Late Night Selfie That Won Her ‘Brittany Runs A Marathon’

Jennifer Salke

In an unprecedented Sundance Film Festival deal haul for a single distributor, Amazon Studios gave the clearest indication of its movie future by paying a record near $50 million for five films. The acquisition avalanche began with the fest’s first big pact for Late Night (record $13M for U.S. rights). Within a matter of days, Amazon bought Brittany Runs A Marathon ($14M for world rights), The Report ($14M for world rights), Honey Boy ($5 million) and One Child Nation. It… Read