MGM-owned Epix has reached an expanded carriage deal with Comcast that will extend the premium network’s reach by adding it to the provider’s premium channel package.
Veteran station executive Don Corsini, a fixture in the Los Angeles TV market who spent the past decade running CW affiliate KTLA as president and general manager, has informed the station’s staff of his plan to retire at the end of the year. He made announcement at a meeting with employees, emphasizing that the departure was entirely his decision, according to sources. The move comes following Nexstar Media Group’s takeover of Tribune Media.
In a roller-coaster year of megamergers and megadeals, The Hollywood Reporter’s ranking of showbiz’s top execs, makers and stars sees big moves and a more dynamic (and diverse) group of powerhouses. While Disney CEO Bob Iger retains his status as No. 1 (acquiring the $71.3 billion Fox assets and generating a record $8 billion at the box office make that choice an easy one), moving up on the list are figures including Shari Redstone (No. 4), who’ll see the Viacom-CBS merger she masterminded come to fruition this year.
Zenith’s Neil Vendetti: there’s more content being produced and consumed today than ever before. “And the platforms by which people are consuming that content are more and more able to be better targeted and transacted in different fashions to allow us to actually be more effective at finding the right person at the right time, and serving them with the right piece of creative.” (Photo: Wendy Moger-Bross)
The latest sign of the challenges facing Netflix emerged Wednesday with the release of its third-quarter results. The numbers provided further evidence that Netflix’s salad days may be over, particularly in the U.S., where most households that want its 12-year-old streaming service already have it.
Technology companies led a modest slide for U.S. stock indexes Wednesday. Energy companies also fell. Financial sector stocks declined as bond yields, which are used to set interest rates on loans, headed lower.
Lionsgate’s Starz has begun warning subscribers that its 17 channels could be dropped and replaced by Comcast as soon as Dec. 10. The simmering dispute has led to reports that Lionsgate is considering spinning off Starz, which it bought for $4.4 billion in 2016.