AT&T is nearing a deal to acquire a full stake Otter Media, its joint digital video venture with the Chernin Group, according to a new report from Digiday. Otter Media – whose properties include Fullscreen, Crunchyroll, Hello Sunshine, and Gunpowder & Sky – was first formed in 2014. Since its inception, it’s been a purely joint venture. According to Digiday, AT&T plans to buy out the Chernin Group’s entire stake, giving the telco 100% ownership. Deal terms are still unclear. What’s known is that AT&T and the Chernin Group initially invested $500 million in the company; in other words, the acquisition won’t come cheap. It’s also unclear weather the companies have a deal signed and ready to go; according to Digiday’s sources, AT&T’s current top priority is winning regulatory approval of its proposed Time Warner acquisition. Neither AT&T nor the Chernin Group commented on Digiday’s report.
Fox and National Geographic announced the return of Cosmos, with Neil deGrasse Tyson back as host. Cosmos: Possible Worlds, once again from executive producer, writer, director and creator Ann Druyan with exec producers Seth MacFarlane, Brannon Braga and Jason Clark, is set to premiere globally in spring 2019.
IFC picked up horror-comedy series Stan Against Evil for a third season, slated to begin in fall 2018. The net’s Brockmire is back for season 2 on Wednesday, April 25 at 10p.
Union workers handling video and audio production for Golf Channel events walked out Sunday following stalled contract negotiations and caused disrupted and limited coverage of three events including the final round at the Sony Open. Golf Channel had been negotiating an agreement for nine months with International Alliance of Theatrical Stage Employees, per the AP. […]
A wild Vikings win over the Saints handed FOX Sports with an estimated audience of 35.645 million viewers along with a 19.3/35, according to estimates released by Fox Sports on Monday, via USA Today. That marks a new high for the season, but was off-pace by 27% from last year’s numbers, when a Packers/Cowboys matchup […]
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