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Social Cinema Platform Kinema Launches, Raises $2M

The Hollywood Reporter reports: "Kinema, a social cinema platform, officially announced its launch on Tuesday and said it has closed a $2 million seed...

ViacomCBS CEO Forecasts $7B In Global Streaming Revenue by 2024

The Hollywood Reporter reports: "On Tuesday, ViacomCBS CEO Bob Bakish and chair Shari Redstone outlined the entertainment giant’s progress since the mega-merger that created...

Advertisers, TV Networks Go to Battle Over Streaming Ad Rates

Variety reports: "Rob Master loves the idea of putting commercials into new Hollywood streaming hubs like Peacock, HBO Max and Paramount Plus. But he’s...

Netflix looking to “do more with interactive entertainment”

Gamesindustry.biz reports: "Netflix is reportedly looking to strengthen its games offering, which could take the form of a monthly subscription to a catalogue of...

AT&T CEO: WarnerMedia Spin Will Let Investors ‘Seize the Multi-Hundred-Billion-Dollar Opportunity’...

Variety reports: "AT&T CEO John Stankey positioned the proposed merger of WarnerMedia and Discovery as letting the companies — and their investors — better...

Meredith to use the sale of its local media group to...

Digiday reports: "Earlier this month, Meredith announced it was selling its Local Media Group to Gray Television in a $2.7 billion cash deal, leaving...

Goodbye Primetime, Hello IP? Nine Key Takeaways From This Year’s Broadcast-Lite...

Variety reports: "The TV biz did its best to serve up the usual razzle-dazzle at this week’s virtual upfront presentations, tapping stars for extended...

Snap is buying its AR display supplier for more than $500...

The Verge reports: "Snap has agreed to acquire WaveOptics, the supplier of the augmented reality displays that power its new Spectacles glasses, for more...

Facebook, YouTube agree to voluntary anti-piracy measures with UK Creatives

Hypebot reports: "Backed by the UK government, British creative industries, along with several major social media services like Facebook and YouTube, have settled on...

Universal Music, Triller Bury the Hatchet With Worldwide Licensing Deals

Variety reports: "After a months-long standoff, Ryan Kavanaugh’s Triller short-form video platform and Universal Music Group announced worldwide licensing agreements that span recorded music...