Tom Carter, a longtime former Nexstar exec who is now a senior advisor to the CEO and board of directors, says the company could acquire Disney’s local ABC TV stations with “little friction” if they become available.
26.08.2023 - 17:11 / deadline.com
EXCLUSIVE: Amid a focus on content curation and Disney-owned IP, Disney+ is not proceeding with The Spiderwick Chronicles, its live-action series adaptation of the popular children’s fantasy books, Deadline has learned.
The six-episode series, from Paramount Television Studios and 20th Television, has been completed. It is currently being shopped by Paramount to other potential buyers.
The decision comes as Disney — along with other media companies — have been reevaluating their streaming strategies by cutting programming costs with a renewed focus on profitability. It is part of the major content write-off announced by Disney in May, I hear.
“We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation,” Disney CFO Christine McCarthy at the time. “As a result, we will be removing certain content from our streaming platforms, and currently expect to take an impairment charge of approximately $1.5 to $1.8 billion.”
Shortly after that announcement was made, dozens of original seriesand specials were taken off Disney+ as well as Hulu. In July, Disney CEO Bob Iger said that there will be a pullback in making Marvel and Star Wars series and movies for Disney+ too. Overall, Disney in February unveiled a plan for a $3 billion cut in non-sports content spend.
Additionally, Disney+’s live-action strategy also has been reassessed. The Spiderwick Chronicles was a rare Disney+ series based on non-Disney IP coming from an outside studio.
Moving forward, Disney Branded Television, which supplies Disney+ with non-Marvel, Star Wars or Nat Geo live-action content, will be leaning more heavily into Disney-owned IP, I hear.
A prime example of that is the
Tom Carter, a longtime former Nexstar exec who is now a senior advisor to the CEO and board of directors, says the company could acquire Disney’s local ABC TV stations with “little friction” if they become available.
Later this month, the Kar-Jenner family will return for season 4 of “The Kardashians”.
Disney CEO Bob Iger’s bombshell July comments that the linear TV business “may not be core” to the company brought a lot of anxiety for those working at any of the Disney’s linear networks.
Drake and The Weeknd will not be eligible for Grammy consideration, the Recording Academy has ruled.According to a report in The New York Times, earlier this week, the song – ‘Heart On My Sleeve’, which was was written and produced by the anonymous producer Ghostwriter, was submitted for Grammy consideration in two categories: Best Rap Song and Song Of The Year – both of which go to the writer of a song, not the performer.The Recording Academy’s chief executive, Harvey Mason Jr., was also believed to have said the song could be eligible on creative grounds and that it is an original composition written and recorded by humans. Because of that, Mason added: “It’s absolutely eligible because it was written by a human.”But one of the requirements for submission was that the track must be “available nationwide via brick-and-mortar stores, third-party online retailers and/or streaming services” which could act as a stumbling block because it was banned by the Universal Music Group shortly after it first surfaced earlier this year.A post shared by Harvey Mason jr.
Recording Academy CEO Harvey Mason Jr. has posted an Instagram video walking back comments published in the New York Times yesterday expressing support for the Grammy eligibility of "Heart on My Sleeve," a song created using deepfaked voice models of Drake and the Weeknd. Criticizing what he characterized as "bad and really inaccurate information," Mason Jr.
The head of the Recording Academy is clearing a few things up.
EXCLUSIVE: The writers have turned up to the theme parks.
Netflix has unveiled a swathe of South African content including the first feature from Mandla Dube’s high-profile talent deal and a rom-com titled Soweto Love Story.
Addressing Thursday night’s carriage impasse with Disney, Charter Communications executives told Wall Street investors on a conference call today that their linear video business is “at the edge of a precipice.”
Disney has been hit again with another lawsuit from investors over the alleged sleight of hand accounting the company used to hide streaming losses.
Michaela Zee “The Spiderwick Chronicles” series adaptation is no longer moving forward at Disney+, Variety has confirmed. The completed six-episode series, which hails from Paramount Television Studios and 20th Television, is currently being shopped to other potential buyers. Based on the best-selling children’s books of the same name by Tony DiTerlizzi and Holly Black, “The Spiderwick Chronicles” live-action series follows the Grace family as they move into their ancestral home, The Spiderwick Estate, and discover an alternate world of fairies.
EXCLUSIVE: Nautilus, the U.K. live-action Captain Nemo series commissioned by Disney+ two years ago, is no longer headed to the streamer, Deadline has learned.
Universal Studios Group Chair Pearlena Igbokwe has said there is determination from all sides to find an “equitable” solution to the Hollywood labor strikes.
As Chloe Harris and boyfriend Mackenzie Boyd prepare to have their young son Reuben christened in the coming days, fans at home have all being saying the same thing about the truth behind the youngster’s parentage.The happy couple first got together earlier this year, when Mack walked out on his new bride Charity Dingle to play happy families with Chloe and newborn son Reuben - an infant she had always claimed was his baby.The story on paper did seem to make sense for Mack, as he and Chloe had previously enjoyed a one night fling together following an argument with Charity - with the dates roughly adding up. However, Chloe was also seen getting amorous with several other Emmerdale residents in the same time period, something fans at home are adamant means that baby Reuben may not be Mackenzie’s flesh and blood after all.
and . In the video, Hermoso can reportedly be heard saying, “But I didn’t like it!”Now, Rubiales is being rightfully called out for his behavior, with the international players' union deeming it “deeply lamentable” and Spain's equality minister describing it as “sexual violence.”The Spanish football federation then released a statement attributed to Hermoso, in which she referred to the kiss as a “totally spontaneous mutual gesture due to the immense joy of winning a World Cup.” She added, "The president and I have a great relationship, his behavior with all of us has been excellent, and it was a natural gesture of affection and gratitude.”Jennifer Hermoso with the world cup trophy after the final match between Spain and England.In a subsequent interview, Hermoso doubled down, reasserting that she was not offended by the kiss. "It was the emotion of the moment," she in an interview.
One of the most reclusive filmmakers of all time—at least where the press and publicity is concerned, he hasn’t done an interview since the 1970s and hasn’t posed for an official photograph since before then— Terrence Malick marches to the beat of his own eccentric drum. Literally, the filmmaker works on his own timetable and pretty much does whatever he wants, including taking a 20-year hiatus from filmmaking between 1978’s “Day of Heaven” (which is re-joining the Criterion Collection in a new edition announced today) and 1998’s “The Thin Red Line.
As the ongoing WGA strike hits 100 days, the entirety of Hollywood wonders how long both that and the SAG-AFTRA strike will last. In the case of WGA, this strike is no officially longer than the 2007-2008 strike, but has a ways to go before it hits the 1988 writers’ strike 153 days, the longest in the union’s history. Disney CEO Bob Iger hopes neither strike lasts that long, though.
Strictly Come Dancing star Amy Dowden has opened up about marking her 33rd birthday amid her breast cancer battle. The professional dancer shared that she had been diagnosed with grade 3 breast cancer back in May, and has now discussed her ongoing health battle and how it had let to her not looking forward to her birthday.
Hulu will increase its ad-free subscription from $14.99 to $17.99 per month.Disney+ will also see a jump from $10.99 to $13.99 for its monthly ad-free plan.And before you and your close circle decide to chip in for a shared account, you should know that Disney CEO Bob Iger also announced Wednesday that the company is “actively exploring ways to address account sharing and the best options for paying subscribers to share their accounts with friends and families.”In other words: a crackdown on password sharing, perhaps similar to what Netflix introduced in May, is coming to Hulu. What’s more, the company introduced a new ad-free Disney+ and Hulu bundle — without ESPN+ — called “Duo Premium,” available Sept.
Disney’s giant theme park division was first out of the gate in a post-pandemic recovery, showing giant jumps in revenue and profit due to pent-up demand. But the engine is sputtering.