Michael Wright, who is president of cable network Epix, is to take over MGM’s scripted television duties following the departure of Steve Stark. Wright, who is extending his contract with the company, becomes President of MGM Scripted Television and will serve a dual role, continuing in his position as boss of Epix.
Epix and Paramount Pictures today announced an expansion of their relationship that includes an extension of their existing U.S. pay TV output deal on mutually beneficial terms. Under the new agreement, many of Paramount’s theatrically-released films will premiere earlier than before in pay TV on Epix.
FuboTV has added Epix, a suite of premium entertainment networks featuring original programming and blockbuster movies, to its live TV streaming platform. Starting today, FuboTV subscribers can stream Epix’s entertainment programming, including hit movies, popular film franchises and original series such as Godfather of Harlem and Pennyworth. Epix’s programming also includes in-depth docuseries such as NFL: […]
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.
Epix has closed the final link in the chain. At long last, the pay TV channel owned by MGM has set a distribution pact with AT&T’s DirecTV.
The new agreement will deliver Epix premium programming Across Comcast’s Xfinity TV, on-demand and digital platforms.
MGM has recruited Michael Wright, who recently stepped down as CEO of Steven Spielberg’s Amblin Partners, to become president of the premium cable network.
Mark Greenberg is stepping down as president-CEO of Epix after nearly 10 years leading the premium TV venture he founded with MGM, Lionsgate and Paramount Pictures in 2008. The shuffle comes five months after MGM completed its $1 billion buyout of the premium cable and digital service.
MGM says that it just closed its acquisition of Viacom and Lionsgate’s combined 80.9% interest in Epix — giving it full control over the premium network company — and raised its debt load to $2.1 billion after seeing stronger than expected interest in an offering to help finance the deals.
MGM is about to become the sole owner of Epix with a deal to buy the stakes held by Viacom’s Paramount and Lionsgate that values the joint venture at $1.28 billion.MGM agreed to pay $1.03 billion for Viacom’s 49.8% interest and Lionsgate’s 31.2% of the premium network business. The partners expect the deal to close this month, following approval by antitrust officials.
Epix, the premium cable network for now co-owned by Viacom, Lionsage and MGM, has negotiated a carriage agreement with broadband provider CenturyLink.
MGM Holdings is in talks to acquire the 81% of Epix it does not already own from two of its partners in the premium U.S. channel, Viacom and Lionsgate, people familiar with the matter say. The deal would give MGM, a privately held U.S. movie studio best known for its classic film library, control of Epix and would be a boon to its TV business, as it seeks to build a stronger platform to distribute its content.
First Katie Couric was called out for self-admitted editing in an exchange with members of the Virginia Citizens Defense League in the documentary Under The Gun, now she, the film’s director and cable net Epix itself are being sued for over $12 million over the edits.
BEVERLY HILLS, Calif. (AP) — Norman Lear, age 94 and a native New Yorker, thought he knew a few things about the obstacles of housing in the Big Apple. But when he began exploring the subject for “America Divided,” Lear said he was “horrified at how little I knew. Someone making a reasonable living with […]
Katie Couric has apologized for the Under the Gun documentary that aired on Epix, saying she regrets the editing process that was “misleading.” In a statement posted on the Under the Gun website, Couric took responsibility and expressed regret for the editing process.
The former chief digital officer of Epix was arrested Tuesday at his home in Manhattan on charges that he stole more than $8 million from the premium cable network owned by Viacom, MGM and Lionsgate. Emil Rensing has been charged with two counts of wire fraud and identity theft.
Hulu knows it can be a worthy TV companion to consumers, but now it’s angling to make for a better movie date too.
Hulu will expand its library in October as part of a new deal with cable network Epix. For Epix, the deal is an opportunity to attract more consumers who are wary of paying more than $100 for a package of cable channels.
New deal grants Sling TV live and VOD multi-stream rights. Terms cover all channels in the Epix portfolio including Epix, Epix2, Epix3 and Epix Drive-In.
The deal includes “expansive” TV Everywhere rights. Also new for Time Warner Cable customers: The availability of Epix.
Apple Inc. began talks earlier this year to stream films owned by EPIX, which is backed by three major movie studios, on devices including a long-anticipated TV, according to two people with knowledge of the negotiations.
Lionsgate Entertainment is the latest media company looking to cash in on investors’ seemingly insatiable desire for the next big tech play. It is considering a spin-off of several digital assets, including its men-focused video ad network, Break Media. The potential spin-off could also house Lionsgate’s share of pay-TV service Epix, itsand TVGuide.com assets and FearNet, a broadband and video-on-demand venture in the horror genre.
Cross-platform pay TV venture Epix announced at the NATPE conference that it is developing an app that will let its subscribers access all of its programming through connected TVs. Whether that will be a first in the pay TV category will likely depend which premium channel gets there first, as Epix didn’t disclose which TV manufacturers will be its partners or when it will come to market.