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AT&T CEO John Stankey Defends Streaming Focus Amid Pandemic

The Hollywood Reporter reports: "AT&T Inc. CEO John Stankey has defended moves by the telco and media giant to shift its legacy theatrical business...

How R/WallStreetBets Gamed the Stock of GameStop

The Verge reports: "If you haven’t been paying attention, GameStop’s stock has been soaring in a remarkably volatile fashion; on January 22nd, GameStop zoomed...

Sony Pictures TV Inks First-Look Deal With Asian Media Company 88rising

The Hollywood Reporter reports: "Sony Pictures TV has signed 88rising, the emergent company that spotlights modern global Asian culture, to a first-look deal." Read more

Social Media Ad and Video Spend Skyrocketed in Q4 2020

Social Media Today reports: "Socialbakers' Q4 2020 Social Media Trends Report, shows us how quick advertising behavior can change." Read more  

Liberty Media Offshoot Raises $575m to Buy Huge Company – Will...

Music Business Worldwide reports: "Liberty Media Acquisition Corporation (LMAC), the newly formed “blank check” acquisition company launched by Liberty Media, raised $575 million in...

AMC Theatres Boosts Liquidity, Saying It Has “Financial Runway Deep Into...

The Hollywood Reporter reports: "Cinema giant AMC Theatres has unveiled a new European financing deal, raising more than $400 million to help the company...

Jagex sold to Carlyle Group

Gamesindustry.biz reports: "Carlyle Group has confirmed its acquisition of Jagex. Equity for the investment was provided by two of Carlyle's partner funds, although terms...

NBCUniversal, Twitter Expand Content and Ad Partnership to Span Global Footprint

Variety reports: "Twitter and NBCUniversal have worked together since 2013. Now the companies are spreading their wings with an expanded multiyear content and advertising...

WGN America to Rebrand as NewsNation: An “Unbiased” Competitor to Cable...

The Hollywood Reporter reports: "Nexstar, the local TV station giant, is rebranding its national cable channel WGN America as NewsNation, positioning it as a...

Comscore Introduces ‘Movies Everywhere’ Cross-Screen Measurement System

Deadline reports: "With the nature and business of feature films changing almost daily, Comscore has announced “Movies Everywhere,” a new cross-screen measurement system." Read more