OWN it: Discovery Communications paid $70 million for an additional 24.5% stake in OWN: Oprah Winfrey Network, increasing its stake from 50% to over 70%. Winfrey will continue as CEO, with her exclusivity commitment to the network extended through 2025. “Ten years ago, Oprah and I began to imagine what a network, inspired by her vision and values, could mean to viewers across the U.S.,” said David Zaslav, president and CEO of Discovery. “In an increasingly crowded landscape, OWN has emerged as the leading destination for African-American women and one of the strongest superfan brands across all screens and services.” Wall Street approved – Discovery stock rose over 7% yesterday.
The Big 4 broadcast nets landed 4 of the top 5 spots in a survey asking connected consumers which network families they’d prefer in a 5-group skinny TV plan. NBCUniversal topped the list (48%), followed by Fox (41%), Disney/ABC (41%) and CBS (38%). “The value of their content is immense; top of mind for many […]
ABC soap General Hospital led the field with 26 nominations for the 45th Daytime Emmy nominations, followed by 25 each for NBC’s Days of Our Lives and CBS’s Young and Restless. Among networks, CBS and syndicated programming each scored 66 nods; Netflix nabbed 51.
IndyCar landed a new ride for 2019 and beyond, landing a deal with NBC Sports Group that will keep all races, qualifying, practices, and Indy Lights races on NBCU platforms beginning in 2019. The Indianapolis 500 and seven additional Verizon IndyCar Series races will now be broadcast annually on NBC, ending a long run on […]
The NFL’s draft board just got a lot bigger, with the league unveiling a new broadcast arrangement that will see NFL Network and FOX will team up to simulcast live coverage of Rounds 1-3 of the 2018 NFL Draft. Additionally, the league has expanded its partnership with ESPN/ABC whereby ESPN2 will supplement ESPN’s coverage of […]
Blizzard’s annual Heroes of the Dorm tournament booked its plans for this year’s National Championship, as 64 teams contend for the title. This year will see the Heroic Four shift its home to Blizzard Arena in Burbank on May 12, with casters Paul “InVerum” Todkill, Bron “TheSource” Mitchell, Albert “Halorin” Hailey III and Derek “DunkTrain” […]