Tag Archives: Studio

CBS is merging with Viacom

CBS is merging with Viacom after months of negotiations, reuniting the two companies for the first time since they split in 2005. The deal will increase CBS’s content offering to customers — a growing importance as the streaming wars heat up. Julia Alexander, The Verge » https://ift.tt/2YIipIZ
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CBS Stock Jumps At Opening Bell, Viacom Sinks As Merger Deal Nears Close

The boards of both companies worked through the weekend to hammer out terms of their long-expected reunion, with the amount of stock being exchanged between the companies remaining the main sticking point. The companies earlier had reached significant clarity about the management structure, agreeing that current Viacom CEO Bob Bakish would run the combined company, with acting CBS chief Joe Ianniello in a top role. – Dade Hayes, Deadline Hollywood » http://dlvr.it/RB5jLV

Tool, one of the last streaming holdouts, caves ahead of new album

Tool is one of the last big streaming holdouts. In fact, you can’t even buy the band’s first five albums digitally (CDs are available on Amazon, though). In 2017, reports indicated that the group might be willing to soften its stance ahead of a new album, especially since it’s the band’s first in over a decade. In an Instagram post today, the group confirmed Opiate, Undertow, Ænima, Lateralus and 10,000 Days would be available “all digital and streaming formats” at the end of this week. No details on specific services just yet, but it’s a safe bet Spotify, Apple Music, Pandora, Google and Amazon will likely be included. – Billy Steele, Engadget » https://engt.co/2K40K5u

Netflix Creates U.K. Film and TV Production Hub at Shepperton Studios

The new hub will be situated at the iconic Shepperton Studios, which is in Surrey. It is part of the Pinewood Group, and was recently the base for “Mamma Mia! Here We Go Again” and “Mary Poppins Returns.” Pinewood recently bought land near the existing site and has set plans in motion to expand the studio space further, as first reported by Variety. – Stewart Clarke, Variety » https://ift.tt/2YveavZ

Streaming is secretly fixing your mainstream taste in garbage music

The “optimism index” at indies hit its highest level this year, according to this month’s annual membership survey by Merlin, a group representing more than 2,000 independent labels and music companies. Eighty-five percent of its members were optimistic about the future of their businesses, coinciding with their digital income swelling thanks to streaming. – Joan E. Solsman, CNET » https://ift.tt/322j460
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