Variety reports: “AT&T chairman-CEO Randall Stephenson has signaled his willingness to consider selling all or part of DirecTV as the satellite provider struggles with major subscriber losses.”
Deadline reports: “Nexstar, the No. 1 owner of local TV stations, is making a significant shift in its approach to negotiations with advertisers, ditching traditional ratings in favor of a “cost-per-impression” model.”
The Verge reports: “Sony is currently looking for a buyer of its PlayStation Vue TV streaming service, according to a new report published by The Information.”
Billboard reports: “Over the course of its 15 year history, Facebook has variously ignored news organizations while eating their advertising revenue, courted them for video projects it subsequently abandoned, and then largely cut their stories out of its newsfeeds.”
Billboard reports: “Frank Briegmann, president and CEO of Universal Music Central Europe and Deutsche Grammophon, met this week with European Parliament president David Sassoli to discuss the copyright directive enacted by the European Union in June.”
Variety reports: “Redbox, the DVD-kiosk and digital on-demand network, is opening its checkbook to acquire and produce original TV shows and movies.”
Variety reports: “Sales to the U.S. and to streamers, fueled especially by the popularity of British drama, helped drive the value of U.K. television content exports to a record £1.4 billion ($1.8 billion) in 2018-19, a new report says.”
Hollywood Reporter reports: “Cable operator Charter Communications, in which John Malone’s Liberty Broadband owns a big stake, on Friday reported that it lost 75,000 pay TV subscribers in the third quarter as cord cutting continues in the U.S.”
Variety reports: “NBCUniversal chief Steve Burke predicts that things are going to get even more intense among the media and tech giants launching streaming platforms before the marketplace inevitably settles down.”
Hypebot reports: “Spotify announced today that artists and labels will be able to buy paid placements across both its paid Premium and free ad-supported tiers to promotes new releases.”
