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Streaming services
Vivendi’s Canal Plus working on bid for stake in US TV channel Starz
...Buying a stake in Starz would bring Vivendi a chunk of subscribers to add to the 24mn it now has at Canal Plus, which would probably improve its profitability by allowing TV and movie production costs to...
May 5, 2022
Non-fungible tokens
Bonfire of the NFTs
...The SEC frames it thusly: Actor Mila Kunis (whose production studio Orchard Farm Productions produced this production) and her himbo husband Ashton Kutcher, the article says, called Stoner Cats a “new model...
September 13, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
IPOs
The six-billion-dollar man you've probably never heard of
...By far the most important is The Worldwide Production Services LLC (WWPS), a Toronto-based film company that holds digital distribution rights to the ILBE-produced Puffins and Arctic Friends series....
May 12, 2023
Private equity
Private equity groups hunt for Hollywood deals to cash in on streaming boom
...Apollo last week bought a $760mn stake in Legendary, the Chinese-owned movie studio behind Dune and Godzilla, while Blackstone has committed more than $2bn to building a new production company led by former...
February 6, 2022
Due Diligence
The law firm that perfected the Texas two-step Premium content
...Last month, Apollo injected $760mn into production house Legendary Pictures, the studio behind Dune and Interstellar....
February 8, 2022
Hollywood
Hollywood agency CAA acquiring rival ICM to create movie powerhouse
...The CAA-ICM deal comes at another inflection point, with Hollywood studios launching their own streaming platforms and potentially challenging the traditional way actors are paid for their work....
September 27, 2021
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
Due Diligence
The Hollywood-level drama plaguing the movie business Premium content
...They face a similarly bleak future, scrambling under the weight of costly pre-pandemic productions with nowhere to go except the streaming stratosphere....
October 8, 2020
City Bulletin
City Bulletin: Burberry warns of price cutting ‘headwind’ Premium content
...“However, Covid restrictions and further national lockdowns have added production costs and are making it challenging to bring ITV Studios productions back to full capacity,” she cautions....
November 12, 2020
Equities
Markets not live, Tuesday 4th February 2020
...Berenberg is much more keen on Keywords Studios, the for-hire video games studio rollup. 2019 was a year of investment for Keywords Studios....
February 4, 2020
FT CollectionsFrontline media
Online streaming: Television’s looming car crash
...“Three years from now, we see maybe a moderating in the demand hours for production,” he told investors, as he pitched WarnerMedia’s streaming service from the historic Warner Bros studio lot where Casablanca...
November 10, 2019
Equities
Markets Now - Monday 13th July 2020
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
July 13, 2020
The Art Market
Christie’s to auction Marina Abramovic Mixed Reality artwork
...Its sellers are the artist (through Abramovic LLC) with Tin Drum, a Mixed Reality production studio founded by Todd Eckert, who directed the film....
November 21, 2019
News in-depthMedia
Hollywood writers challenge agents over their share of spoils
...In the decade since TPG first invested in Creative Artists Agency, the team that planted Tom Cruise and Julia Roberts in the Hollywood firmament has set up its own production studio and launched a vehicle...
May 3, 2019
Hulu LLC
Hulu closes gap with Netflix in the US
...It is also working with Vox Media’s production studio to make cooking shows with David Chang and Chrissy Teigen....
May 1, 2019
Lunch with the FT
Michael Ovitz, Hollywood super-agent, on ‘winning at all costs’
...“If the studios are in trouble and going to go out of business, we lose leverage and our clients lose jobs....
September 28, 2018
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
US & Canadian companies
Weinstein company scrambles for alternate funding
...But the exclusivity period will end in early November, according to a person close to the production company, which continues to reel from accusations of serial sexual harassment by its co-founder Harvey...
October 26, 2017
US & Canadian companies
Spotify buys music recording start-up Soundtrap
...Soundtrap, based in Stockholm, offers users recording and production studio tools to make music, similar to Apple’s Garageband....
November 17, 2017
US & Canadian companies
Fox veteran Randy Freer takes chief’s role at Hulu
...and TV production business in May....
October 24, 2017
US & Canadian companies
Weinstein Company in sale talks with Colony Capital
...Colony eventually sold Miramax to BeIN Media, the Qatari media group, after recouping the bulk of what it paid for the studio when it completed a $500m securitisation of its film library....
October 16, 2017
US & Canadian companies
Hollywood licks its wounds after dismal summer
...But other than Warner Bros’ second world war epic Dunkirk, most high-profile films aimed at adults, many with extravagant production and marketing budgets, underwhelmed in the key North American market....
September 4, 2017
Property sector
S&P cuts rating of Dalian Wanda’s property arm to junk
...Wang Jianlin, its chairman, told the FT in an April interview that a mulled over $1bn acquisition of US TV studio Dick Clark Productions in the US had fallen through because of capital controls....
September 28, 2017
Technology sector
Netflix down, but not out, after Disney announces pullout plans
...“As of now, the only content Disney is pulling from Netflix is the US rights to future theatrical output from the Disney and Pixar studios, beginning in calendar 2019… This only affects Netflix in the US...
August 9, 2017
US & Canadian companies
Hulu’s ‘Handmaid’s Tale’ Emmy awards show power of streaming
...It is eyeing The Culver Studios, a historic production space in Los Angeles, and is among the bidders for a high-profile drama starring Jennifer Aniston and Reese Witherspoon, set on a morning TV chat show...
September 18, 2017
Chinese capital controls
Chinese tycoon’s Hollywood deal delayed by investment curbs
...The Chinese owner of Aston Villa Football Club has announced he is planning to use a private company to buy Hollywood film studio Millennium Films to avoid new regulations limiting outbound investment....
August 31, 2017
Inside BusinessMatthew Garrahan
Social media is forcing brands to flex their muscles
...The National Basketball Association pulled plans to stage its annual All-Star game there, while Lions Gate, the Hollywood studio, scrapped a movie project....
June 15, 2017

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