Tag Archives: Variety

Reed Hastings examines Netflix performance during and post the pandemic period

Reed Hastings, CEO at Netflix, gave an interview to the specialized website Variety due to the launch of his new book No Rules Rules: Netflix and the Culture of Reinvention. In it, the executive analyzed various topics related to Netflix and the industry, such as the impact of the pandemic, the production of Netflix original [...]

Disney rebrands its TV studios after merging with Fox

As part of the Fox acquisition, Disney announced it will be rebranding its TV studios. This way, 20th Century Fox Television becomes 20th Television; Fox 21 Television Studios will now become Touchstone Television; and ABC Studios and ABC Signature will merge as ABC Signature. As reported by the specialized website Variety, the removal of the [...]

Hamilton drives up Disney+ app downloads 46% over the weekend worldwide

Disney+, the new Disney SVOD OTT officially launched in November last year, increased its downloads globally this past weekend by 46%, after Hamilton, a movie based on the Broadway music show, was officially released on the platform this last Friday, July 3rd. As reported by the specialized website Variety, based on data from the Apptopia [...]

Netflix expands relief fund to audiovisual industry workers to USD 150 million

Netflix announced it is expanding the industry workers relief fund it has announced in March, from USD 100 million to USD 150 million, as reported by the specialized website Variety.  Of the USD 100 million initially announced by Netflix, USD 85 million would go to workers from its own productions, which are cancelled by the [...]

Fox Corporation acquires Tubi for USD 490 million

Fox Corporation announced it has acquired the AVOD OTT Tubi for USD 490 million. The agreement for the acquisition includes USD 440 million to be paid cash, and the remaining USD 50 million in additional payments in the form of deferred consideration over the next three years. Last January, Tubi had made its official arrival [...]

Chile’s Screen Capital launches USD 20 million film-TV venture capital fund

Chiles Screen Capital is launching a $20 million venture capital fund targeting principally TV series and movies with part streaming platform distribution. To launch in March, it is Chiles first private investment fund specializing in the audiovisual and entertainment sector, and focuses on productions from the Spanish-speaking world, as reported by the specialized media Variety.  [...]

Roku plans its deployment in Brazil

As reported by the specialized media Variety, Roku plans to deploy itself in multiple new territories in the coming months, and one of the new markets for the company could be Brazil. Earlier this month, the company explained its plans to enter Brazil in job offers, which indicated that it was looking to hire people [...]