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BBC Studios Acquires ITV’s Stake in BritBox International for £255M
In a historic deal, BBC Studios has acquired ITV’s 50% shareholding in BritBox International, the joint venture streamer. The transaction, valued at £255 million ($322 million), represents the largest single deal ever undertaken by the BBC’s commercial arm. ITV confirmed the sale, with proceeds set to be returned to shareholders through a share buyback scheme post the announcement of full-year results on March 7.
CEO Transition and New Leadership Plans
As a result of the acquisition, BritBox International CEO Reemah Sakaan will exit the business, which will become part of the BBC Studios Global Media & Streaming division. New leadership plans are said to be already in place to ensure a smooth transition, with an official announcement expected imminently. Sakaan is anticipated to remain with BritBox during the transitional period.
Strategic Importance and Valuation of BritBox International
The deal values BritBox International at over £500 million, making it the largest single agreement ever struck by BBC Studios. BritBox International, which boasts nearly four million subscribers across eight territories, has become a profitable and successful venture. Tom Fussell, BBC Studios CEO, emphasized the strategic importance of the acquisition, stating that it aligns with their goal to double the size of their business. BritBox International, with its focus on British content, has generated significant demand for British shows globally.
Continuity in Programming Strategy and ITV’s Focus on ITVX
While the acquisition signals a change in ownership, the programming strategy for BritBox International is expected to remain unchanged. The platform will continue to commission content from a variety of UK independent producers, as well as BBC Studios and ITV. Producers have been assured that the new arrangement will not impact commissioning plans. ITV, on the other hand, is exiting the joint venture to concentrate on the growth of its own streamer, ITVX, and its global ITV Studios division. ITV Studios will continue to receive an ongoing revenue stream from BritBox International under new extended licensing agreements.
The acquisition by BBC Studios comes at the end of a bustling week for both ITV Studios and BBC Studios, who have been actively showcasing their latest content to international buyers at the London TV Screenings and BBC Studios Showcase events in the British capital.
Curious to learn more? Explore our articles on Enterprise Wired
#BBCStudios#itv#britboxinternational#mediaacquisition#streamingservices#TvIndustry#contentstreaming#MediaNews#digitalmedia
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SISTER WIVES Exclusive - Robyn's Friend Speaks Out in Recent Interview 💥
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#sister wives#sister wives fans#sister wives family#kody brown#sister wives&039; meri jokes she&039;s &039;the other woman&039; with kody and robyn#kody#kody brown wonders if he can &039;adjust&039; to monogamy with final wife robyn#kody brown claims exes are &039;doing everything they can&039; to shut him out#kody brown complains about &039;cantankerous&039; wives on &039;testosterone tuesday&039;#kody brown family#sister wives’ kody and janelle accuse each other of &039;gaslighting&039;#janelle brown#robyn brown#kendra pollard#the sun#medianews#media online#fake news#e! entertainment#entertainment news#hollywood gossips#reality television#reality shows#reality#reality tv drama#fundie snark#ex fundie#fundie social media#reality tv#realitytv
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CNN's Don Lemon Announces Departure: What's Next for Cable News? | DonLemon | CNN | MediaNews | BreakingNews | TVNews | RepresentationMatters |
Don Lemon, one of the most recognizable figures at CNN, announced on Sunday that he will be leaving the network in September. He has been with the network for 12 years, during which he hosted a daily show, “CNN Tonight with Don Lemon,” and covered major news events such as the 2020 presidential election and the Black Lives Matter protests.
Lemon is one of the few Black anchors in prime-time cable…
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documentary photo for media/news TVNET / Līčkalni, Latvia
#documentary photography#citytour#travel photography#medianews#nature photography#artists on tumblr#photographers on tumblr
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News Portal
HRsoftBD offers a high-quality, secure, and advanced online news portal solution. By providing professionally designed online newspaper templates, we have aided a large number of publishers. They have now achieved great success and have done a fantastic job with our online newspaper application.
#hrsoftbd#software#newspapers#newsportal#onlinenewsportal#medianews#newsmedia#newsindustry#onlinenewsmanagementsoftware#onlinenewsportaldevelopmentsoftware#newssyestemsoftware#hrsoftbdonlinenewsportalsoftware#bestnewsbasedsoftware#easynewsportalsoftware
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De ( gas ) koek is op. Maar ik heb me erop voorbereid en heb een BRS en een BLP Heater standby staan voor nood. #gasrekening #energiecrisis #energiearmoede #nieuws #mediaNews #mediaNieuws #RudyBoxman #RJBTEAM **** So Cool ! van Rudy Boxman RJBTEAM https://t.co/q7YXGHEmDZ https://www.instagram.com/p/CjIRLh3I7Kf/?igshid=NGJjMDIxMWI=
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may recap 💕🎉 . . Much more to come #sheektv . . . #atlanta #atlantaevents #atlantamedia #mediacorrespondent #medianews #mediainfluencer #newmusic #newartist #eventhost #albumrelease #musicawards #fashion #atlboutique #tammyrivera #prettyvee #maryjblige #influencer #music #hiphop (at Atlanta, Georgia) https://www.instagram.com/p/CePrntMOf9e/?igshid=NGJjMDIxMWI=
#sheektv#atlanta#atlantaevents#atlantamedia#mediacorrespondent#medianews#mediainfluencer#newmusic#newartist#eventhost#albumrelease#musicawards#fashion#atlboutique#tammyrivera#prettyvee#maryjblige#influencer#music#hiphop
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Fitness Personal Trainer
How Can Fitness Time Personal Trainers Help You?
A customized training program will be developed for your body, lifestyle, and budget by our trainers. They are certified experts in exercise physiology, anatomy, training program development, fitness assessments and applications. Their knowledge is applied to help you achieve your goal and reach your full potential.
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News Portal
Technologies, a renowned web development firm, offers news portal creation services that are both beautiful and efficient. Publications, press releases, columns, stories, blogs, and other news-related content can all be published through the news portal development.
HRsoftBD offers a high-quality, secure, and advanced online news portal solution. By providing professionally designed online newspaper templates,
Features:
· Customized news portal design, readers can choose sections, contents, topics of their interest.
· News portal that have beautiful and impressive design.
· News portal layout will be clean, informative, structural and accurately done graphical element.
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HRsoftBD
Website: www.hrsoftbd.com
Mobile: 01722158130, 01709372481
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Disney Takes Full Control of Hulu with $8.6 Billion Comcast Deal
In a strategic move to bolster its presence in the ever-growing streaming landscape, Walt Disney Co. has announced Full control of hulu with 33% stake from Comcast for a substantial $8.6 billion. This deal marks a significant turning point in Disney’s quest for supremacy in the streaming arena, granting the entertainment giant undisputed control of Hulu. Disney has been overseeing Hulu’s operations since 2019, following Comcast’s decision to relinquish its authority, effectively becoming a silent partner.
A Bold Move
While Disney provided minimal commentary on the acquisition, it did note that the move would “further Disney’s streaming objectives.” This bold step underscores Disney’s commitment to dominating the streaming market and diversifying its offerings to capture a wider audience.
Hulu, originally launched in 2007, emerged as a collaborative effort by entertainment conglomerates aiming to counter the rise of online platforms for TV shows. Disney entered the picture in 2009 with plans to feature content from its own subsidiaries, such as ABC, ESPN, and the Disney Channel. Fast forward a decade, and Disney increased its majority control of Hulu platform after acquiring 21st Century Fox.
Disney’s treatment of Hulu as one of its own services has been evident for years. Notably, in 2019, when Disney introduced its own streaming service, Disney+, it promptly offered a bundle that included Hulu and ESPN+. This strategy allowed Disney to provide a comprehensive streaming experience to its customers, cementing its position in the competitive streaming market.
Disney to Take Full Control Of Hulu for $8.61B
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Disney’s Step Toward Profitability
In response to the growing pressure on streaming services due to rampant expansion, low prices, and widespread password sharing, Disney has initiated measures to maintain profitability. The company has pledged to crack down on non-paying users and has raised prices for ad-free versions of Disney+ and Hulu by 20% to 27%. CEO Bob Iger, in an August statement, clarified that the price increases were aimed at directing consumers toward more affordable ad-supported versions of these channels, with subscription prices remaining unchanged.
Iger also emphasized the advertising market for streaming, noting that it is currently on the upswing and healthier than traditional TV ads. Disney’s pricing strategy aims to encourage more subscribers to opt for the advertising-supported tier, which will undoubtedly boost the company’s revenue and strengthen its foothold in the streaming industry.
With this latest acquisition, Disney solidifies its position as a key player in the streaming world, setting the stage for further innovation and competition in the ever-evolving digital entertainment landscape.
Curious to learn more? Explore our articles on Enterprise Wired
#Disney#Hulu#Streaming#Entertainment#DigitalMedia#Innovation#MediaNews#Acquisition#StreamingServices#Youtube
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News Portal
News Portal is a global online communication channel for internet users. Technologies, a renowned web development firm, offers news portal creation services that are both beautiful and efficient. Publications, press releases, columns, stories, blogs, and other news-related content can all be published through the news portal development. With the content management system, we construct and develop unique websites, customized and modern style portals.
HRsoftBD offers a high-quality, secure, and advanced online news portal solution. By providing professionally designed online newspaper templates, we have aided a large number of publishers. They have now achieved great success and have done a fantastic job with our online newspaper application.
Features:
· Customized news portal design, readers can choose sections, contents, topics of their interest.
· News portal that have beautiful and impressive design.
· News portal layout will be clean, informative, structural and accurately done graphical element.
· Instant breaking news updates in the first place.
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· News with video Streaming.
· Zoom in and zoom out facility.
· Online Registration Form.
· User Panel and journalist Panel.
Contact Us –
HRsoftBD
Website: www.hrsoftbd.com
Mobile: 01722158130, 01709372481
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News Portal
News Portal is a global online communication channel for internet users. Technologies, a renowned web development firm, offers news portal creation services that are both beautiful and efficient. Publications, press releases, columns, stories, blogs, and other news-related content can all be published through the news portal development. With the content management system, we construct and develop unique websites, customized and modern style portals.
HRsoftBD offers a high-quality, secure, and advanced online news portal solution. By providing professionally designed online newspaper templates, we have aided a large number of publishers. They have now achieved great success and have done a fantastic job with our online newspaper application.
Features:
· Customized news portal design, readers can choose sections, contents, topics of their interest.
· News portal that have beautiful and impressive design.
· News portal layout will be clean, informative, structural and accurately done graphical element.
· Instant breaking news updates in the first place.
· Frequent news updates and latest news will be available.
· News with video Streaming.
· Zoom in and zoom out facility.
· Online Registration Form.
· User Panel and journalist Panel.
Contact Us –
HRsoftBD
Website: www.hrsoftbd.com
Mobile: 01722158130, 01709372481
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News Portal
News Portal is a global online communication channel for internet users. Technologies, a renowned web development firm, offers news portal creation services that are both beautiful and efficient. Publications, press releases, columns, stories, blogs, and other news-related content can all be published through the news portal development. With the content management system, we construct and develop unique websites, customized and modern style portals.
HRsoftBD offers a high-quality, secure, and advanced online news portal solution. By providing professionally designed online newspaper templates, we have aided a large number of publishers. They have now achieved great success and have done a fantastic job with our online newspaper application.
Features:
· Customized news portal design, readers can choose sections, contents, topics of their interest.
· News portal that have beautiful and impressive design.
· News portal layout will be clean, informative, structural and accurately done graphical element.
· Instant breaking news updates in the first place.
· Frequent news updates and latest news will be available.
· News with video Streaming.
· Zoom in and zoom out facility.
· Online Registration Form.
· User Panel and journalist Panel.
Contact Us
HRsoftBD
Website: www.hrsoftbd.com
Mobile: 01722158130, 01709372481
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El Camino Real Charter High School students protested growing antisemitism on their campus in a walkout on Tuesday.
The walkout at the Woodland Hills school followed an alleged incident against 15-year-old Jewish student Danielle Eshed. According to Eshed, a student screamed antisemitic comments before attacking her a little over a week ago.
By Lindsay Kornick
Jewish students at El Camino Real Charter High School walkout to protest antisemitic incidents at the Woodland Hills school on Tuesday, February 27, 2024. (Photo by Sarah Reingewirtz/MediaNews Group/Los Angeles Daily News via Getty Images)
"I was really shocked because he said he would beat me up, but I didn't think that he was telling the truth until he got up and started to punch me," she said. "I was just sitting there in silence because I was shocked at what was happening because that never really happened to me. I was like in shock at what was going on. I couldn't process."
Eshed’s father joined the protest, claiming that the school had dismissed their claims and would not elaborate on how the student was punished.
"The school thinks that he has more rights than my daughter for protection," Eshed said. "He has rights to be educated, but my daughter [doesn’t] have the rights for her safety."
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