In a move that blindsided many staffers, Paramount has fired its longtime media agency of record in a cost-saving move as its merger with Skydance Media continues to gestate. WPP Media, formerly…
Category: Broadcast News
With Tier-2 & Tier-3 city themes, OTTs cut cost
Much like the wave that took over Bollywood around the early 2010s, when movie plotlines shifted to small towns, original shows on video-streaming platforms too are being set in tier-two and tier-three…
Paramount Global offers three trustees while approval of the Skydance transaction is pending
Paramount Global nominated three new directors on Monday, seeking to boost its board strength to seven as it awaits regulatory approval for its $8.4 billion merger with Skydance Media. Paramount nominated Mary…
MENA content deal renewal from Sony Pictures Entertainment & beIN
beIN Media Group has extended its longstanding content agreement with Sony Pictures Entertainment (SPE), securing exclusive multi-year rights to a broad portfolio of acclaimed television series and films which will come to…
Disney fires hundreds in TV and film as industry problems persist
Media company Walt Disney Co is laying off several hundred employees across its film and television divisions, highlighting the downturn in the entertainment industry. The layoffs, which began on Monday, affect staff…
EchoStar bond issues worsen as Dish Network fails to pay interest payments
EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, has decided to skip interest payments on three bonds after a similar act late last week. A total of $183…
Delhi High Court permits Star India to quickly forbid downloaded apps & sites
Taking a significant step to combat online piracy, the Delhi High Court has issued an injunction order – which is considered a stronger version of the traditional Dynamic + injunction. So that…
Radiance, a broadband provider, cuts its debt load & receives more money
Stonepeak Partners-backed Radiate launched a deal to raise $400 million in fresh capital from its owner and also restructure existing debt. The liquidity injection will be split across a second-out term loan…
DoT consults TRAI on pricing, procedures for upcoming multi-band spectrum auction
DoT has approached TRAI seeking recommendations on reserve price, block size, quantum and other modalities for auction of mobile spectrum in eight existing bands, including 800 MHz, 900 MHz, 1,800 MHz, 2,100…
Trump wants to revoke ABC’s broadcasting license. It’s ironic
Donald Trump wants to punish ABC News for his bad debate night.“I think ABC took a big hit last night,” Trump told Fox & Friends during a phone debrief early Wednesday morning….