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First-Look Trailer: SeriesFest: Season 3by Patrick Hipes

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YouTube CEO Unveils User Numbers, Plans For VR And Live Streaming

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YouTube CEO Susan Wojcicki apparently had a lot to crow about at her appearance today at the VidCon confab for online video fans and creators. She disclosed to the Anaheim gathering that YouTube now logs 1.5 billion viewers a month. “That's the equivalent of one in every five people around the world,” she says. “And how much do those people watch? On average, our viewers spend over an hour a day watching YouTube on mobile devices alone.” The Google-owned company also… Read

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Amazon Studios Moving Into Culver Studios’ Famed ‘Gone With The Wind’ Mansion?

Culver Studios Mansion

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Amazon Studios soon could be taking up residence at one of the most iconic mansions in Hollywood – the so-called "Gone with the Wind" mansion on the Culver Studios lot. Neither Amazon nor Culver Studios would confirm or deny rumors circulating on the lot, but three sources have told Deadline that it's true. "That's what I heard," said a Culver Studios source. "I heard they're moving in," said another. "Amazon Studios is about to take over a large portion of the campus… Read

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Amazon Seeks $2.8M For Ad Packages With NFL Video Streams: Report

Amazon

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Amazon hopes to make back some of the $50 million it committed to stream 10 Thursday Night Football games this fall by charging advertisers $2.8 million for packages with 30-second spots, Reuters reports. The games also will air live on CBS and NBC, which split the season, and on the NFL Network. Amazon is looking for much more than the ad prices the broadcast networks likely will charge. They typically hover around $590,000 or less. But Amazon’s deal also will include ad… Read

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Altice USA Shares Rise As It Goes Public On Anniversary Of Cablevision Deal

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Investors gave Altice USA a warm — although not exuberant — welcome this morning exactly one year after it became the nation’s No. 4 cable operator with its acquisition of Cablevision. New shares in Altice USA that sold for $30 apiece in yesterday’s $1.92 billion IPO are up about 5.9% in mid-day trading. This was the year’s second biggest IPO, trailing Snap which raised $3.4 billion in March. The trading price suggests that the market values Altice USA at about $23.4… Read

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Exhibition Stocks Drop Following Analyst Downgrades Citing Box Office Concerns

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Exhibition company stocks are off to a rocky start today. U.S. chains continue to swoon after two analysts lowered their outlooks for key players — mostly due to this quarter’s weaker than expected box office. In addition to the U.S. drops Chinese trading in Wanda Film was halted after the share price fell 9.9%. Parent company Wanda Group said that that someone had “viciously speculated” on the internet that banks, including China Construction Bank, might dump Wanda’s… Read

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Jeffrey Katzenberg On WndrCo’s New TV Model: “I’ve Found A Brand New Everest” – Cannes Lions

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In Cannes to talk up his latest venture, WndrCo, Jeffrey Katzenberg says he's found "a brand new Everest." The company is getting into what he's so far terming "New TV" destined for mobile devices in the form of shows with full story arcs, but limited to 6-10 minutes per episode. The target demo is the coveted 18-34 range and the plan involves incentives along the way for every stakeholder, including creatives. It will be built with a significant advertising component… Read

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Altice USA To Go Public Tomorrow After $1.92B IPO – Update

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UPDATED, with IPO launch date: Altice USA moved quickly. The No. 4 cable operator plans to go public tomorrow, it says, following following an IPO that prices its shares at $30 apiece. That makes the sale worth $1.92 billion. BC Partners accounts for 49% of the shares sold in the IPO, followed by the Canada Pension Plan Investment Board with 32%. Stock sold directly by Altice USA represents 19% of the offering. Parent company Altice will control 70.3% of the U.S… Read

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Wellness Publisher Rodale Hires Allen & Co To Look For A Buyer

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Iconic health and wellness publisher Rodale Inc. apparently feels weak-kneed in the fast-changing digital media environment — and has hung a “for sale” sign. The company behind magazines including Men's Health, Prevention, Women's Health, Runner's World, Bicycling, and Rodale's Organic Life says today that it hired Allen & Company to help “explore a range of potential strategic alternatives” that include a possible sale. There’s no timetable for the process. Rodale was… Read

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CBS Prepares To Wrap Upfront Sales Ahead Of Expectations

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CBS is headed to the upfront ad sales finish line, we hear, with high single digit per-viewer pricing gains for its prime time inventory — and surprising strength for its morning and late night programming. The broad strokes information suggests that CBS beat analysts’ expectations. For example, Evercore ISI’s Vijay Jayant predicted that CBS’ prime time prices would rise 6%, contributing to a 2.8% lift total upfront sales to $3.1 billion. Nomura Instinet’s Anthony… Read

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CBS Teams With FuboTV In New Deal To Offer Live And VOD Streaming

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Sports oriented live streaming service fuboTV appears to have kicked a goal today with the announcement that it has a deal with CBS to offer the No. 1 broadcast network, The CW, CBS Sports Network, Pop, and online news service CBSN. The networks will be on the $35 a month Fubo Premier platform. Showtime’s east and west coast feeds will be available for an additional monthly fee, not yet disclosed. The deal raises fuboTV’s line up to more than 60 channels including seven… Read

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Exhibition Chains Forge Global Alliance To Deal With Industry Concerns

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The world’s biggest exhibition companies — including U.S.-based giants AMC Entertainment and Regal Entertainment Group — are linking arms to raise the industry’s profile with regulatory agencies, and smooth differences between countries. Their interests will be represented by a new worldwide organization, the Global Cinema Federation, they said this morning. Founding trade associations include the U.S.’ National Association of Theatre Owners (NATO) and Europe’s The… Read

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Cable Stocks Hit After Once Bullish Analyst Downgrades Sector

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The party’s over for cable operator stocks, or soon will be, MoffettNathanson Research’s Craig Moffett says today in a report that downgraded the sector to “neutral.” The shift from one of the Street’s most respected cable industry analysts contributed to a drop in all of the major players’ shares. Comcast is down 3.4%, Charter’s -2.2%, and Centurylink’s -2.6% in afternoon trading. Moffett’s been one of cable’s most dependable bulls over a five year period when Comcast’s… Read

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