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Walt Disney Analyst Upgrades Stock on Streaming Success, Theme Parks Reopening
The Hollywood Reporter reports: "UBS analyst John Hodulik upgraded his rating on the stock of the Walt Disney Co. from "neutral" to "buy" in...
Vivendi Acquires Stake in Spanish-Language Publishing Group Prisa
Variety reports: "Vivendi, the parent company of Canal Plus and Universal Music Group, has acquired a 7.6% stake in Prisa, one of the Spanish-speaking...
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."
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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...
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...
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...
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."
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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."
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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...
CBS Sells Out Super Bowl Ad Time Despite Big Brand Defections
Variety reports: "Even in tough times, advertisers still want a Super Bowl. CBS is “virtually sold out” of all its commercial inventory for Super...
