Project Rise Partners has submitted a $13.5 billion bid for Paramount Global, surpassing the $8 billion Skydance-RedBird offer backed by Larry Ellison. PRP's proposal offers higher shareholder payouts, $2 billion in financing, and commitments to grow Paramount’s workforce. The group…
Epic Games is planning to pay Apple's Core Technology Fee (CTF) for developers in the EU who distribute their apps through the Epic Games Store for one year. This move is part of Epic's effort to attract developers to its…
Netflix is expanding its cloud gaming efforts by developing couch co-op and party games that will stream directly to TVs, according to co-CEO Greg Peters during the Q4 2024 earnings announcement. While no release date was provided, Peters described the…
NBCU chairman Donna Langley has restructured leadership, consolidating network and studio oversight under Universal Television Entertainment Group. Pearlena Igbokwe will oversee NBC Entertainment, Peacock scripted content, and Universal Studio Group, while Frances Berwick will focus on Bravo and Peacock unscripted…
Lionsgate has extended its multiyear licensing deal with Starz, ensuring nearly 20 of its films will be available on the platform annually. The agreement gives Starz exclusive rights to Lionsgate's theatrical films across first, second, and now a third pay…
CNN is launching a new streaming service, nearly three years after shutting down CNN Plus. CEO Mark Thompson says it will allow streaming news on any device, with more details coming soon. The plan includes a pivot to digital video,…
Comcast has launched Sports & News TV, a $70/month streaming bundle for Xfinity Internet customers that includes 50+ live channels, local broadcasts, sports networks, and access to Peacock. The offering is positioned as a cheaper alternative to YouTube TV ($82.99/month)…
From the Archives chronicles Brightcove’s two-decade evolution as a trailblazer in cloud video technology, driving innovation and shaping the online video industry. Founded in 2004, Brightcove introduced groundbreaking products like Video Cloud, forged key media partnerships, and executed strategic acquisitions…
A recent closed-door discussion at CES brought together industry leaders to address the challenges posed by CTV platforms like Roku, Samsung, and Vizio. Participants highlighted concerns over restrictive practices, such as hoarding user data, demanding large shares of ad inventory,…
The Banff World Media Festival has announced Anjali Sud, CEO of Tubi, as the first keynote speaker for its 2025 BANFF Summit Series, taking place June 8-11 at the Fairmont Banff Springs Hotel. Sud, who leads Tubi, a rapidly growing…
