With channels like E!, Oxygen and Syfy on borrowed time, the media company pushes deep cuts and centralizes program decisions.
Paramount Network is shifting strategies — and changing names. Variety has learned that the ViacomBS-owned cable net is planning to move out of long form series television and instead focus its efforts on made-for-TV movies featuring big name stars. To that end, the network will be rebranded as the Paramount Movie Network. The rebrand will take place globally within the next year.
Even though TV watching has been up in 2020, when it comes to pay TV subscriptions the numbers are historic in the wrong kind of way. According to a report from eMarketer, cable, satellite and telecom TV providers are on pace to lose the most subscribers ever in a single year in 2020. By the end of the year, eMarketer is projecting that 31.2 million U.S. households will have cut the cable cord in aggregate. In addition, 6.6 million households are expected to cancel their pay TV subscriptions. Projecting down the road, eMarketer estimates that a third of U.S. households will have cut the pay TV cord by 2024.
Entertainment Studios today elevated Patricia Wilson to executive vice president of its television network, JusticeCentral.TV. Wilson joined Entertainment Studios in 2010 when its first court series, America’s Court with Judge Ross, launched in syndication. In her new position, Wilson will also remain executive producer and showrunner for all five of the Entertainment Studios/Allen Media Group court series currently in production: America’s Court with Judge […]
On the heels of the opening of its new studio on the Las Vegas Strip and the return of its sports betting television program Daily Wager, ESPN is expanding its sports betting footprint with Monday’s debut of Bet, a new half-hour program that will stream three nights per week on digital platforms. Also on Monday, ESPN is […]
Paul Kagan, who built his expertise in the budding cable television business into the longtime media consulting business Kagan and Associates, died Aug. 23 of kidney failure in Carmel, Calif. He founded Paul Kagan Associates in 1969, publishing the first newsletter on the subject, and becoming the first analyst to publish public company valuations based on multiples of cash flow and computations of the private value of public media companies.
LOS ANGELES (AP) — Earn and Paper Boi were last seen flying to Europe on “Atlanta,” but they won’t touch down until sometime next year. The acclaimed FX comedy starring creator Donald Glover as Earn and Brian Tyree Henry as his rapper cousin will begin its pandemic-delayed production in the first half of 2021, FX […]
LOS ANGELES (AP) — Who do we keep up with now? After more than a decade, “Keeping Up With the Kardashians” will be ending its run next year. “It is with heavy hearts that we say goodbye” to the reality show, Kim Kardashian West and other members of the extended Kardashian-Jenner family said in a […]
The U.S. cable company wants to keep Cogeco’s U.S. business, Atlantic Broadband, for $3.6 billion and sell its Canadian business to rival Rogers Communications.
Private equity firm TPG is exploring a sale of Astound that could value the owner of a U.S. network of regional cable TV and internet providers at more than $8 billion, including debt, according to people familiar with the matter. The potential sale would come as cable operators have seen their fortunes buoyed by consumers requiring more internet bandwidth, as they stay home to work and be entertained during the COVID-19 pandemic.
Comedian John Oliver upped the stakes in a tongue-in-cheek spat with a Connecticut city, offering to donate $55,000 to charity if officials follow through on a joke to name its sewage treatment plant after him. Mayor Mark Boughton said last week that Danbury was going to rename the facility the John Oliver Memorial Sewer Plant, in […]
Disney’s FX Networks is hiring an ombudsman with the title senior vice president of diversity and culture, who will report to CEO John Landgraf.
The NHL has decided to postpone all of its playoff games Thursday and Friday amid the growing sports-led boycotts to protest the shooting of Jacob Blake, an unarmed Black man, by a police officer.TH
Kenny Smith, one of the hosts of TNT’s Inside the NBA, walked off the set of the show on Wednesday night. Smith did so to show solidarity with the Milwaukee Bucks and other NBA players who are boycotting their playoff games following the police shooting of Jacob Blake in Wisconsin.
Shaquille O’Neal won’t be leaving “Inside the NBA” anytime soon. In fact, viewers are going to be seeing more of him across Turner’s many platforms. Turner Sports and WarnerMedia announced Monday that they have reached a multi-year extension with O’Neal, who joined Turner in 2011 after a 19-year Hall of Fame NBA career During a […]
DANBURY, Conn. (AP) — A Connecticut town’s officials are showing comedian John Oliver what they think about his expletive-filled rant about their city — they’re naming the local sewage treatment plant after him. Danbury Mayor Mark Boughton announced the tongue-in-cheek move in a video posted on his Facebook page on Saturday that shows him at the plant. […]
Weather Group LLC, parent company of The Weather Channel, has named proven senior marketing and media executive Fred Bucher as senior vice president and chief marketing officer. Bucher will lead the marketing, communications and research/insights areas for The Weather Channel and free streaming service Local Now. These departments will work in tandem to support the […]
With most of the major distributors reporting, analyst Jeffrey Wlodarczak of Pivotal Research Group said his scorecard shows cable blowing away expectations for adding broadband subscribers at the same time pay TV subs are declining. Second-quarter U.S. net new broadband subs (including some private operators) rose 350% year over year to 1.1 million, Wlodarczak said in a research note Friday.