SAG-AFTRA Approves 3 Year Music Video Agreement with Major Labels
Hypebot reports: “SAG-AFTRA’s national board has reached a deal with major labels for a three-year extension for their current music videos contract.”
CBS-Viacom Merger Details Revealed, Shares to Trade on Nasdaq
Variety reports: “Negotiations between CBS and Viacom went down to the wire on the day the long-gestating transaction was finally sealed on Aug. 13. CBS Corp. and Viacom revealed the timeline of the merger talks in a Securities and Exchange Commission filing Thursday that runs more than 650 pages.”
Netflix Stock Gets Downgrade, Analysts Cut Price Targets
Hollywood Reporter reports: “Wall Street analysts on Thursday morning shared their takeaways from Netflix’s third-quarter earnings report and outlook for the fourth quarter, published after the Wednesday market close, with many cutting their target prices for the streaming giant’s stock.”
Popular App Snaptube Caught Serving Invisible Ads and Charging Users For Premium Purchases They Haven’t Made
TechCrunch reports: “A popular video downloader app for Android has been found generating fake ad clicks and unauthorized premium purchases from its users, according to a security firm.”
Phone-Based VR is Officially Over
The Verge reports: “Mobile virtual reality headsets helped millions of people try out VR, but as of yesterday, they’re all but officially a thing of the past. Oculus CTO John Carmack offered a “eulogy” last month for the phone-powered Gear VR mobile headset, saying that the headset’s days were numbered.”
Why Social Networks Keep Tripping Over Their Own Content Moderation Policies
The Verge reports: “Over the past week or so, it has felt like the entire public conversation around tech has turned a now familiar question: what should stay up, and what should come down?”
Starz Warns Subscribers of Looming Drop by Comcast
Variety reports: “Comcast subscribers will have to do without Starz shows like “Power” and “Outlander,” the result of the latest showdown between a major programmer and one of the big cable distributors that gets its content into consumers’ living rooms.”
Disney Over the Top: Bob Iger Bets the Company (and Hollywood’s Future) on Streaming
Hollywood Reporter reports: “Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition (and anxiety) as Iger, Kevin Mayer and team explain their all-in strategy: ‘We’re locked and loaded.'”
Hollywood Merger-Mania Hits Business Management
Hollywood Reporter reports: “Over the past few years, many of Hollywood’s top business management firms have consolidated — and several of them have rolled into the same company.”
Fox Corp. Forges Deal With TV Ad Measurement Firm ISpot
Deadline reports: “Fox Corp. has set a deal with TV ad measurement and attribution firm iSpot.tv that will provide performance metrics for ads appearing on linear and streaming platforms.”
