As a buyer group led by David Ellison’s Skydance Media aims to iron out a potential deal to take over Paramount Global, many eyes on Wall Street are also watching carriage talks between the entertainment conglomerate and cable giant Charter Communications. On April 30, that deal expires.
Last year, Charter played hardball with Disney in a negotiating showdown that led to a brief blackout last fall before the companies struck a broad carriage deal covering traditional pay TV networks and streaming services, which finance experts called a blueprint for future sector agreements and a potential “tipping point” in the relationship between content and distribution giants.
Depending if, when, how, and what Charter and Paramount agree on in a new pact could affect the value of Paramount and therefore its takeover price target and its strategic positioning for the future. It’s no surprise then that industry observers have their eyes...
Last year, Charter played hardball with Disney in a negotiating showdown that led to a brief blackout last fall before the companies struck a broad carriage deal covering traditional pay TV networks and streaming services, which finance experts called a blueprint for future sector agreements and a potential “tipping point” in the relationship between content and distribution giants.
Depending if, when, how, and what Charter and Paramount agree on in a new pact could affect the value of Paramount and therefore its takeover price target and its strategic positioning for the future. It’s no surprise then that industry observers have their eyes...
- 4/29/2024
- by Georg Szalai
- The Hollywood Reporter - Movie News
Will Paramount Global end up looking for a new dance partner, or will David Ellison’s Skydance Media get to clinch a deal and celebrate with a victory dance? Hollywood and Wall Street insiders alike are wondering about questions like these as the future of Shari Redstone’s media and entertainment empire hangs in the balance.
After all, Skydance remains in an exclusive period until early May to possibly finalize a two-step deal to acquire Paramount Global and its controlling shareholder National Amusements (Nai), led by Paramount non-executive chair Shari Redstone. According to a CNBC report, citing sources, Skydance will meet with Paramount management and start its due diligence process next week.
The structure of the proposed transaction has caused concern among some investors, though; they worry that a deal would benefit Redstone but dilute non-voting shareholders of Paramount. The company’s stock closed at $11.97 last Friday but has fallen around 10 percent since then.
After all, Skydance remains in an exclusive period until early May to possibly finalize a two-step deal to acquire Paramount Global and its controlling shareholder National Amusements (Nai), led by Paramount non-executive chair Shari Redstone. According to a CNBC report, citing sources, Skydance will meet with Paramount management and start its due diligence process next week.
The structure of the proposed transaction has caused concern among some investors, though; they worry that a deal would benefit Redstone but dilute non-voting shareholders of Paramount. The company’s stock closed at $11.97 last Friday but has fallen around 10 percent since then.
- 4/11/2024
- by Georg Szalai
- The Hollywood Reporter - Movie News
Why did Netflix just drop a huge dump of viewing stats? In a nutshell: Because it can.
The streaming giant this week released its first “Netflix Engagement Report,” inclusive of more than 18,000 titles and nearly 100 billion hours viewed between January-June 2023 — representing 99% of all viewing during that period. And notably, for the first time, Netflix divulged streaming performance metrics for licensed content.
Why is co-ceo Ted Sarandos seemingly Mr. Data Transparency all of a sudden? Yes, Netflix has been under pressure from partners and talent to provide a deeper data dive: having access to more granular streaming numbers was a key agenda item in the SAG-AFTRA and WGA strike negotiations.
But essentially, Netflix’s mammoth spreadsheet showing six months of hours viewed per title is an opportunity for Sarandos & Co. to brag about the platform’s gonzo engagement and reach across more than 247 million (and counting) customers worldwide. Sarandos, in discussing the report with press Tuesday,...
The streaming giant this week released its first “Netflix Engagement Report,” inclusive of more than 18,000 titles and nearly 100 billion hours viewed between January-June 2023 — representing 99% of all viewing during that period. And notably, for the first time, Netflix divulged streaming performance metrics for licensed content.
Why is co-ceo Ted Sarandos seemingly Mr. Data Transparency all of a sudden? Yes, Netflix has been under pressure from partners and talent to provide a deeper data dive: having access to more granular streaming numbers was a key agenda item in the SAG-AFTRA and WGA strike negotiations.
But essentially, Netflix’s mammoth spreadsheet showing six months of hours viewed per title is an opportunity for Sarandos & Co. to brag about the platform’s gonzo engagement and reach across more than 247 million (and counting) customers worldwide. Sarandos, in discussing the report with press Tuesday,...
- 12/13/2023
- by Todd Spangler
- Variety Film + TV
Shares of Netflix jumped Thursday, closing up 9.2%, on news that the streamer had signed up almost 5 million customers for its ad-supported plan in the first six months and that more than 25% of new signups are on the advertising tier.
At Netflix’s first-ever upfronts event Wednesday — held virtually — the company announced that it had signed up nearly 5 million global monthly active users following its initial introduction in early November 2022 in 12 countries, including the U.S. About 80% of viewing by subscribers who are on the ad plan is on a TV, and the median viewer age of ad-tier customers is 34, according to the company.
Until now, Netflix hasn’t provided detailed info on the traction of its baby steps into the advertising biz, and the 5 million figure along with the relatively strong 25%+ take rate clearly spurred enthusiasm among investors. “We are just getting started,” Peter Naylor, VP of global advertising sales at Netflix,...
At Netflix’s first-ever upfronts event Wednesday — held virtually — the company announced that it had signed up nearly 5 million global monthly active users following its initial introduction in early November 2022 in 12 countries, including the U.S. About 80% of viewing by subscribers who are on the ad plan is on a TV, and the median viewer age of ad-tier customers is 34, according to the company.
Until now, Netflix hasn’t provided detailed info on the traction of its baby steps into the advertising biz, and the 5 million figure along with the relatively strong 25%+ take rate clearly spurred enthusiasm among investors. “We are just getting started,” Peter Naylor, VP of global advertising sales at Netflix,...
- 5/18/2023
- by Todd Spangler
- Variety Film + TV
Hot Wheels: Ultimate Challenge — Season 1 — Pictured: Anthony Anderson, Terry Crews, Sung Kang, Joel McHale, WWE Superstar Big E, Jay Leno — (Photo by: James Stack/NBC) Celebrity Guest Judges Anthony Anderson, WWE Superstar Big E, Terry Crews, Sung Kang, Jay Leno and Joel McHale will help to determine the winners of NBC’s epic new car makeover competition show “Hot Wheels: Ultimate Challenge,” premiering Tuesday, May 30th at 10:00 p.m. Et/Pt. The rotating celebrity guests will each join host Rutledge Wood and resident experts Dalal Elsheikh, designer for the Ford Motor Company, and Hertrech “Hert” Eugene Jr., car culture influencer, on an episode throughout the season, where they will review the epic car transformations and crown a winner. ·Hot Wheels: Ultimate Challenge” revs up to give passionate car lovers and Hot Wheels(R) superfans the opportunity of a lifetime – turning a nostalgic car from their past into the life-sized Hot Wheels of their dreams.
- 5/5/2023
- by Hollywood Outbreak
- HollywoodOutbreak.com
The Jonas Brothers took to the Tonight Show stairwell on Tuesday to perform an acoustic version of their new single “Waffle House” with The Roots.
The “Musical Stairs” segment featured Mark Kelley on cello, “Captain” Kirk Douglas and Kevin Jonas on guitar, as Nick and Joe Jonas leading vocals. The track released in April and plays homage to the restaurant the brothers saw as their “sanctuary” growing up. “It was the place we dreamt up ideas, the place where we worked through our problems together, and the place where we...
The “Musical Stairs” segment featured Mark Kelley on cello, “Captain” Kirk Douglas and Kevin Jonas on guitar, as Nick and Joe Jonas leading vocals. The track released in April and plays homage to the restaurant the brothers saw as their “sanctuary” growing up. “It was the place we dreamt up ideas, the place where we worked through our problems together, and the place where we...
- 4/19/2023
- by Charisma Madarang
- Rollingstone.com
Ben Stiller and Sean Penn won’t be making movies in Russia any time soon.
On Monday, the country’s foreign ministry announced a list of 25 Americans — “high-ranking officials, representatives of the business and expert communities, as well as cultural figures” — who have been permanently barred from entering Russia. The list comes in response to the still-escalating international tensions brought on by Russia’s hostile invasion of Ukraine on February 24.
Stiller and Penn independently spoke out against Russian president Vladimir Putin in recent months. A representative of the Un Refugee Agency, Stiller spent World Refugee Day (June 20) with Ukrainian refugees currently living in Poland. The Emmy-winning writer-director-actor then met with Ukrainian president Volodymyr Zelensky in Kyiv, at one point telling the embattled leader, “You’re my hero.”
Penn began filming a documentary for Vice about the war in Ukraine in June, having visited the previous fall to prepare a production plan should the worst occur.
On Monday, the country’s foreign ministry announced a list of 25 Americans — “high-ranking officials, representatives of the business and expert communities, as well as cultural figures” — who have been permanently barred from entering Russia. The list comes in response to the still-escalating international tensions brought on by Russia’s hostile invasion of Ukraine on February 24.
Stiller and Penn independently spoke out against Russian president Vladimir Putin in recent months. A representative of the Un Refugee Agency, Stiller spent World Refugee Day (June 20) with Ukrainian refugees currently living in Poland. The Emmy-winning writer-director-actor then met with Ukrainian president Volodymyr Zelensky in Kyiv, at one point telling the embattled leader, “You’re my hero.”
Penn began filming a documentary for Vice about the war in Ukraine in June, having visited the previous fall to prepare a production plan should the worst occur.
- 9/5/2022
- by Alison Foreman
- Indiewire
Famed actors Ben Stiller and Sean Penn have been permanently banned from entering Russia, according to an announcement from the country’s foreign ministry Monday.
Stiller and Penn were named on a list of 25 “high-ranking officials, representatives of the business and expert communities, as well as cultural figures” that can no longer legally enter the country.
Both Stiller and Penn have been active in their support for Ukraine amid Russia’s invasion of the Eastern European country. The actors have visited the country, met with leaders and been vocal in their support for Ukraine and opposition of Russia’s attacks.
View this post on Instagram
A post shared by Sean Penn (@seanpenn)
This year, Penn traveled to Ukraine to meet with President Volodymyr Zelensky while filming a Vice documentary. At the time, he released a statement condemning President Vladimir Putin. “Already a brutal mistake of lives taken and hearts broken,...
Stiller and Penn were named on a list of 25 “high-ranking officials, representatives of the business and expert communities, as well as cultural figures” that can no longer legally enter the country.
Both Stiller and Penn have been active in their support for Ukraine amid Russia’s invasion of the Eastern European country. The actors have visited the country, met with leaders and been vocal in their support for Ukraine and opposition of Russia’s attacks.
View this post on Instagram
A post shared by Sean Penn (@seanpenn)
This year, Penn traveled to Ukraine to meet with President Volodymyr Zelensky while filming a Vice documentary. At the time, he released a statement condemning President Vladimir Putin. “Already a brutal mistake of lives taken and hearts broken,...
- 9/5/2022
- by Corey Atad
- ET Canada
Sean Penn and Ben Stiller today were among 25 “high-ranking officials, representatives of the business and expert communities, as well as cultural figures” banned from Russia today by that country’s foreign ministry.
Also on the list are Senators Rick Scott, Mark Kelley, Pat Toomey, Kevin Kramer and Krysten Sinema as well as numerous U.S. trade officials, including U.S. Secretary of Commerce Gina Raimondo.
The Russian Foreign Ministry said that the list is based on the “principle of reciprocity.”
More: “The hostile actions of the American authorities, which continue to follow a Russophobic course, destroying bilateral ties and escalating confrontation between Russia and the United States, will continue to be resolutely rebuffed.”
Of course it’s Russia’s invasion of Ukraine that has, more than anything else, destroyed bilateral ties and escalated confrontation between Russia and the United States.
Penn traveled to Ukraine earlier this year, meeting with Ukraine...
Also on the list are Senators Rick Scott, Mark Kelley, Pat Toomey, Kevin Kramer and Krysten Sinema as well as numerous U.S. trade officials, including U.S. Secretary of Commerce Gina Raimondo.
The Russian Foreign Ministry said that the list is based on the “principle of reciprocity.”
More: “The hostile actions of the American authorities, which continue to follow a Russophobic course, destroying bilateral ties and escalating confrontation between Russia and the United States, will continue to be resolutely rebuffed.”
Of course it’s Russia’s invasion of Ukraine that has, more than anything else, destroyed bilateral ties and escalated confrontation between Russia and the United States.
Penn traveled to Ukraine earlier this year, meeting with Ukraine...
- 9/5/2022
- by Tom Tapp
- Deadline Film + TV
Warner Bros. delayed “Tenet” again this week — this time indefinitely — slapping an even bigger question mark on the prospect of movie theaters reopening anytime soon. And Warner parent company AT&T’s CEO John Stankey on Thursday said the company has no intention of forgoing a theatrical release for the film and debuting it on PVOD or its new streaming service, HBO Max. But analysts see a major upside to such a bold move — and even Stankey signaled that other upcoming Warner Bros. titles could skip theaters for a debut on streaming. “Shifting ‘Tenet,’ a $200 million-plus budget film from Warner Bros., directed by Christopher Nolan directly to HBO Max could be just the power move WarnerMedia needs right now,” Lightshed analysts Rich Greenfield, Brandon Ross and Mark Kelley wrote this week in a blog post for clients. “If WarnerMedia has the guts and financial wherewithal to pivot ‘Tenet’ to HBO Max,...
- 7/23/2020
- by Trey Williams
- The Wrap
NBCUniversal got the attention of Hollywood and TV viewers everywhere last week, announcing a five-year deal to take The Office back from Netflix and put it on its own streaming service starting in 2021.
The value of the pact is estimated at $100 million per year, according to those familiar with the terms. So, what exactly is NBCU buying with all of that cash? Not subscribers, technically, given that the company plans to give the streaming service away initially to pay-tv subscribers of Comcast and Sky. The main answer appears to be the opportunity to reinforce its decades-old, still-lucrative advertising business.
The Office, according to Nielsen research, ranked as the most watched show on Netflix in 2018, with 52 million minutes streamed — more than 20 million more than Friends.
The question is, how many of those 52 million minutes will transfer to the show’s new home? The team responsible for Sky’s well-regarded streaming apps...
The value of the pact is estimated at $100 million per year, according to those familiar with the terms. So, what exactly is NBCU buying with all of that cash? Not subscribers, technically, given that the company plans to give the streaming service away initially to pay-tv subscribers of Comcast and Sky. The main answer appears to be the opportunity to reinforce its decades-old, still-lucrative advertising business.
The Office, according to Nielsen research, ranked as the most watched show on Netflix in 2018, with 52 million minutes streamed — more than 20 million more than Friends.
The question is, how many of those 52 million minutes will transfer to the show’s new home? The team responsible for Sky’s well-regarded streaming apps...
- 7/3/2019
- by Dade Hayes
- Deadline Film + TV
Jimmy Fallon and The Roots joined the Backstreet Boys Thursday for a very child-like performance of the boy band’s classic “I Want It That Way.”
Using only their angelic voices and some classroom instruments on last night’s “Tonight Show,” Brian Littrell, Nick Carter, Kevin Richardson, Aj McLean and Howie Dorough did the 1999 release justice. They had the help of some very accomplished musicians, of course, and the guy who is still No. 1 in late-night among adults 18-49.
Here is the extended band and their individual assignments:
Brian Littrell – Vocals, Apple Shaker, Wood Block
Nick Carter – Vocals, Tambourine
Kevin Richardson – Vocals, Güiro
Aj McLean – Vocals, Maraca
Howie Dorough – Vocals, Coconuts
Jimmy Fallon – Vocals, Bass Drum, Casio Keyboard, Apple Shaker
Questlove – Hand clappers
Kamal Gray – Xylophone
James Poyser – Melodica
Captain Kirk – Ukulele
Tuba Gooding Jr. – Kazoo, Apple Shaker
Mark Kelley – Kazoo
Stro – Bongos
Black Thought – Triangle
You fellas are our fire.
Using only their angelic voices and some classroom instruments on last night’s “Tonight Show,” Brian Littrell, Nick Carter, Kevin Richardson, Aj McLean and Howie Dorough did the 1999 release justice. They had the help of some very accomplished musicians, of course, and the guy who is still No. 1 in late-night among adults 18-49.
Here is the extended band and their individual assignments:
Brian Littrell – Vocals, Apple Shaker, Wood Block
Nick Carter – Vocals, Tambourine
Kevin Richardson – Vocals, Güiro
Aj McLean – Vocals, Maraca
Howie Dorough – Vocals, Coconuts
Jimmy Fallon – Vocals, Bass Drum, Casio Keyboard, Apple Shaker
Questlove – Hand clappers
Kamal Gray – Xylophone
James Poyser – Melodica
Captain Kirk – Ukulele
Tuba Gooding Jr. – Kazoo, Apple Shaker
Mark Kelley – Kazoo
Stro – Bongos
Black Thought – Triangle
You fellas are our fire.
- 6/29/2018
- by Tony Maglio
- The Wrap
Who needs Guitar Center? Ariana Grande performed her single “No Tears Left to Cry” Monday, as Jimmy Fallon and The Roots jammed out on Nintendo Labo instruments.
We’ve gotta admit: The whole thing sounded pretty damn good for some video game audio coming out of cardboard.
Watch the video above.
Also Read: Alex Rodriguez Proves He's Lost a Step in Jimmy Fallon's Batting Challenge (Video)
Here’s the band:
Ariana Grande – Vocals
Jimmy Fallon – Guitar, Piano Studio
Questlove – Robot Kit
Black Thought – Electric Guitar Fishing Rod
Kamal Gray – Toy-Con Piano x2 (Organ)
James Poyser – Toy-Con Piano x2
Captain Kirk – Acoustic Guitar
Mark Kelley – Bass Guitar
Stro – Toy-Con Garage Drum Machine
Read original story Ariana Grande, Jimmy Fallon, The Roots Do ‘No Tears Left to Cry’ on Nintendo Labo Instruments (Video) At TheWrap...
We’ve gotta admit: The whole thing sounded pretty damn good for some video game audio coming out of cardboard.
Watch the video above.
Also Read: Alex Rodriguez Proves He's Lost a Step in Jimmy Fallon's Batting Challenge (Video)
Here’s the band:
Ariana Grande – Vocals
Jimmy Fallon – Guitar, Piano Studio
Questlove – Robot Kit
Black Thought – Electric Guitar Fishing Rod
Kamal Gray – Toy-Con Piano x2 (Organ)
James Poyser – Toy-Con Piano x2
Captain Kirk – Acoustic Guitar
Mark Kelley – Bass Guitar
Stro – Toy-Con Garage Drum Machine
Read original story Ariana Grande, Jimmy Fallon, The Roots Do ‘No Tears Left to Cry’ on Nintendo Labo Instruments (Video) At TheWrap...
- 5/15/2018
- by Tony Maglio
- The Wrap
6:00 Pm Pt -- A rep for Questlove tells us he denies the "ridiculous allegations" in this suit, adding ... "Racism is Real and exists throughout the world and for these gentlemen to claim victim is not only disrespectful to Questlove and his band mates, but to all that truly endure racism on a daily basis." 3:36 Pm Pt -- A rep for NBC tells us, "NBC is committed to providing a work environment in which...
- 1/24/2018
- by TMZ Staff
- TMZ
Who knew classroom instruments could make a song even better? Camila Cabello appeared on NBC's The Tonight Show Wednesday, where she performed her smash hit "Havana," using a lemon shaker as a prop. Host Jimmy Fallon proved to be a jack-of-all-trades, vacillating between the wood block, bass drum and Casio keyboard. The Roots got into it, too, with Tuba Gooding Jr. playing the Kazoo and using an orange shaker, Kamal Gray playing the xylophone, Mark Kelley playing the kazoo, Captain Kirk strumming the ukulele, James Poyser playing the melodica, Questlove using hand clappers, Stro banging the bongos and Black Thought playing the triangle. "Havana" is currently at No. 2 on the Billboard Hot 100. ...
- 1/18/2018
- E! Online
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