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STX-Eros Merger Closes, Creating Global Content and Streaming Player

The Hollywood Reporter reports: "STX Entertainment and Indian movie major Eros International have closed their stock-for-stock merger, forming film and TV company Eros STX...

TikTok is opening up its algorithm and challenging competitors to do...

The Verge reports: "TikTok wants to be transparent. The company has announced that it’s taking new measures to give outsiders access to the algorithms...

Lionsgate, BuzzFeed Form Partnership to Make ‘High Concept’ Movies for Young...

Variety reports: "BuzzFeed is teaming with Lionsgate to make “socially relevant and high-concept feature films” for Gen Z and millennial audiences — whatever that...

How Wall Street Views the AMC-Universal Theatrical Window Deal

The Hollywood Reporter reports: "Wall Street analysts on Wednesday weighed in on AMC Theatres' historic agreement with Universal Pictures that will allow the studio's...

Hasbro Posts Quarterly Loss as Pandemic Hits eOne

The Hollywood Reporter reports: "Toy giant Hasbro on Monday posted second-quarter financial results that missed Wall Street forecasts for earnings and revenue as the...

BritBox Streaming Service to Expand Into up to 25 Countries

The Hollywood Reporter reports: "BBC Studios and ITV said on Monday that they plan to bring streaming service BritBox to up to 25 countries." Read...

Local Media Outlets Launch ‘The Matchup’ to Vie with The Athletic,...

Variety reports: "The nation’s local news veterans are launching a bid to take on a few successful upstarts making a market in national sports." Read...

Verizon Loses 81,000 Pay TV Subscribers, Media Unit Revenue Hit by...

The Hollywood Reporter reports: "The telecom giant's Verizon Media unit posted a 25 percent revenue decline "primarily as a result of COVID-19 related impacts."' Read...

TikTok Launches ‘Creator Fund’ to Pay Platform Influencer for Their Efforts

Social Media Today reports: "Amid rising speculation about the future of the app, with authorities in several regions calling for potential restrictions due to...

Fox Will Fill Empty Baseball Stadiums With Virtual Fans

Variety reports: "When Major League Baseball kicks off its 2020 season, fans won’t be allowed to sit in many of the ballparks. Viewers who...