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By Pamela McClintock May 28, 2018 | Lucasfilm and Disney are facing a moment of reckoning. Solo: A Star Wars Story's initial performance marks a rare loss for Disney. Moreover, it is forcing the studio to reexamine its strategy for the iconic Star Wars franchise, which Disney took over when it bought Lucasfilm for more than $4 billion in 2012. Most box-office analysts say the...

By Bryn Elise Sandberg May 24, 2018 | With deep-pocketed Netflix poaching hitmakers Shonda Rhimes and Ryan Murphy with nine-figure paydays, rivals are "going bats— crazy" and leveraging their broad assets to secure creators amid "insane" bidding wars. Without the seemingly bottomless pockets of their streaming counterparts, studios are getting creative, banding together the various arms of their business for deals across the...

By John Archer May 22, 2018 | The 4K Ultra HD Blu-ray format has taken another important step forward today with the announcement by Redbox that it’s starting to include 4K titles in its disc rental service. The first 4K Blu-ray titles will be appearing initially in 2,500 Redbox kiosks in six test markets across the US: Austin, Detroit, Los Angeles, Miami, New...

By Daniel Holloway May 21, 2018 | Netflix has secured a deal with former President Barack Obama and First Lady Michelle Obamato produce Netflix Originals series and movies for the streaming service. The former first couple will, according to an announcement Monday from the company, potentially work on scripted and unscripted series as well as docu-series, documentary films, and features under the multi-year deal. Signing the Obamas...

By Brett Lang and Andrew Wallenstein May 17, 2018 | Sony Pictures Entertainment chairman Tony Vinciquerra is continuing to streamline the studio with a series of new cost-saving cutbacks and realignments across its television and movie divisions aimed at improving the bottom line. As part of the overhaul, Sony plans to fold its home entertainment department into its television arm, which, according to sources, will likely...

By Dawn C. Chmielewski May 16, 2018 | MGM its working to reposition the also-ran subscription service Epix into a legitimate competitor to other premium pay TV channels and streaming services.  “At the time acquired Epix from our joint-venture partners three things were true: it was under-distributed, it was under-subscribed and it was under- monetized,” Chief Operating Officer Chris Brearton old investors during MGM’s first quarter investor...

By Stephanie Prange May 14, 2018 | Warner Bros. has promoted Jim Wuthrich to president of worldwide home entertainment and games. Wuthrich will report to Ron Sanders, president of worldwide theatrical distribution and home entertainment. David Haddad, who serves as president of Warner Bros. Interactive Entertainment, will now report to Wuthrich. Read more on Media Play News. Related Articles: Warner Bros. Digital Networks Taps Patty Hirsh to...

By Adrianne Pasquarelli May 9, 2018 | Best Buy is tapping its own 100,000 blue-shirted employees as the stars of its new marketing campaign, a rebranding effort designed to highlight the retailer's personalized customer service. On Wednesday, the Minneapolis-based electronics chain is rolling out a new website and logo, and will air TV spots later this week. Read more on AdAge....

By Mark Sweney May 7, 2018 | The BBC, Channel 4 and ITV have held discussions about joining forces to create a British streaming service to combat the increasing power of Netflix and Amazon in the UK. The early-stage talks, which are also understood to involve NBC Universal, the US TV and film group that owns the maker of Downton Abbey, are focusing on how...

By Lucas Shaw, Gerry Smith and Mark Gurman May 9, 2018 | For the first time, Apple plans to begin selling subscriptions to certain video services directly via its  TV app, rather than asking users to subscribe to them through apps individually downloaded from the App Store, according to people familiar with the matter. This would simplify the process and bolster Apple’s TV...

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