#Sony India, Zee Entertainment Merger Gets Key Approval

#Sony India, Zee Entertainment Merger Gets Key Approval

Indian regulators have approved, after much delay, the proposed merger between Sony’s TV operations in India and the country’s Zee Entertainment Enterprises. It would bring together linear TV networks, digital businesses, production operations and content libraries to create an Indian sector powerhouse. The merger, first unveiled in 2021, faced antitrust and other concerns. Last year, the…

Read More
#Netflix Unveils Five Japanese Reality Series

#Netflix Unveils Five Japanese Reality Series

Netflix is betting big on reality TV as it seeks to expand its reach in Japan, a key international growth market amid plateauing subscriber gains for streaming services in much of the West. The company unveiled a slate of five reality series Wednesday at its offices in Seoul, South Korea, during an event showcasing unscripted…

Read More
#Trump indictment sidesteps key details unearthed by Jan. 6 panel

#Trump indictment sidesteps key details unearthed by Jan. 6 panel

The sweeping indictment brought against Donald Trump in the Jan. 6 case touches on nearly every aspect of the former president’s plot to stay in power. But a few eye-catching omissions in the high-profile case point to the complexities facing the Justice Department (DOJ), while raising questions about prosecutors’ future plans to hold to account those involved…

Read More
#To Compete With Netflix, RTL Launches German “All-in-One” Streaming Bundle

#To Compete With Netflix, RTL Launches German “All-in-One” Streaming Bundle

German broadcast group RTL Deutschland on Wednesday launched an “all-in-one” streaming service that promises to bundle video, live sports, music, podcasts, audiobooks and a suite of digital magazines in a single monthly subscription. The new package, launched as part of the group’s RTL+ streaming service, bundles RTL’s video content — more than 55,000 hours of…

Read More
#Sony Pictures Quarterly Profit Drops to 5M

#Sony Pictures Quarterly Profit Drops to $115M

Sony Pictures saw its fiscal first-quarter bottom line drop to a profit of $115 million (16 billion yen), down 68 percent from the $394 million (50.7 billion yen) profit it reported during the same period in 2022. While theatrical sales were up, revenue from new TV series and streaming licensing were down. Promotional costs also…

Read More