Cynopsis 01/07/25: Fubo strikes a deal with Disney

Cynopsis
Tuesday January 7, 2025

   IN THE NEWS

FuboTV and Disney have struck a deal for Disney to combine its Hulu + Live TV business with Fubo, thus ending Fubo’s antitrust litigation against the formation of Venu Sports by Disney, Fox Corp. and Warner Bros. Discovery. Fubo has agreed to a $220 million cash payment to settle that case. At closing, Disney will own approximately 70% of Fubo, and Fubo’s existing management team, led by Co-founder and CEO David Gandler, will operate the new business. Fubo will oversee a new “Sports & Broadcast service” featuring Disney’s sports and broadcast TV networks, including ESPN channels and ABC. “This combination enables us to deliver on our promise to provide consumers with greater choice and flexibility” said Gandler. “Additionally, this agreement allows us to scale effectively, strengthens Fubo’s balance sheet and positions us for positive cash flow. It’s a win for consumers, our shareholders, and the entire streaming industry.” The transaction is subject to the satisfaction of customary closing conditions.

Tubi hit the 97 million mark for monthly active users in 2024, up 24% from 2023, and counted 10 billion streaming hours, 18% more than the year prior. “Tubi’s momentum is growing as audiences increasingly value a premium entertainment experience that is also 100% free, fun and reflective of culture,” said Tubi CEO Anjali Sud. “Our strategy is simple yet powerful: put viewers first by offering unique stories from unique storytellers, a vast selection of content to choose from and a delightful experience across devices. We let our viewers guide us and obsess over their engagement, and we are seeing the results.” Fox Corp. acquired Tubi in 2020 for $440 million.

Xumo, the streaming platform joint venture between Comcast and Charter Communications, has expanded its enterprise partnership with Google TV Freeplay. In addition to distributing all 160+ FAST that are currently offered on Google TV Freeplay, Xumo will now monetize all those channels, which will be branded as “provided by Xumo” within the experience. “Advertisers know that streaming is the future of TV but reaching audiences holistically and at scale remains a challenge that can hinder more media investment,” said Ying Wang, General Manager, Xumo Advertising. “By adding Google TV Freeplay to Xumo’s growing list of inventory partners, we are making it easier than ever for advertisers to seamlessly reach incremental audiences across a variety of streaming platforms, far beyond FAST channels to smart TVs and other connected devices.”

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   PRODUCTION & DEVELOPMENT

WildBrain is teaming up with Netflix and Family Channel to produce live-action, teen drama “Finding Her Edge,” based on best-selling author Jennifer Iacopelli’s novel of the same name and inspired by Jane Austen’s Persuasion. Canadian author and executive producer Jeff Norton (“Geek Girl”) will serve as showrunner for the series, which was commissioned in Canada by WildBrain’s Family Channel.

Paramount+ announced the title of its upcoming anthology series that delves into unsolved crimes. The first installment, “Unspeakable: The Murder of Jonbenet Ramsey” (w/t), stars Melissa McCarthy and Clive Owen as Patsy and John Bennett Ramsey. Production for the series, produced by Showtime/MTV Entertainment Studios and 101 Studios, is currently underway in Calgary, Canada and will debut on Paramount+.

   NEW & RETURNING SERIES

HGTV’s “Celebrity IOU” is back for season nine on Monday, February 3 at 9p. Six episodes feature Courteney Cox, Andy Garcia, Goldie Hawn, Rob Lowe, Kyle MacLachlan and Sarah Silverman. “I tell people every day that Drew and I have the greatest job in the world,” said co-host Jonathan Scott. “We feel lucky that we’re able to give these Hollywood powerhouses an opportunity to share a side of themselves you don’t usually see, while also changing someone’s life.”

Season two of “Gypsy Rose: Life After Lockup” is set to kick off Monday, March 10 at 9p on Lifetime. The reality show follows the post-prison life of a woman convicted of second-degree murder for the death of her abusive mother.

Today’s Premieres
ABC: Will Trent at 8p; The Rookie at 10p
BET: The Oval at 9p
Food Network: Wildcard Kitchen at 9p
Fox: Kitchen Nightmares at 8p; Doc at 9p
HGTV: Fixer to Fabulous at 8p; Betting on Paradise at 9p
MTV: Love & Hip Hop: Atlanta at 8p; Help! I’m in a Secret Relationship at 9p
NBC: Deal or No Deal Island at 8p
Netflix: The Breakthrough; Jerry Spring: Fights, Camera Action
PBS: Finding Your Roots With Henry Louis Gates, Jr. at 8p; Lucy Worsely Investigates at 9p
TLC: 7 Little Johnstons at 9p

   TECH

Ahead of its annual Tech + Data Showcase tomorrow, Disney took advantage of its time at CES to tout the launch of a certification for live sports and entertainment, along with the introduction of biddable deals for live sports using Disney’s Ad Server. The company also announced Disney Compass, enabling advertisers access to activate against Disney’s data across an ecosystem of vendors and tools. “Through innovative solutions, like our proprietary Audience Graph, Clean Room and now Disney Compass, we are simplifying the complexity behind managing and utilizing first-party data, giving advertisers the tools they need to further succeed in the ever-changing advertising landscape,” said Nick Winfrey, Director of Data Science and Strategy. “With all critical data points available in one place, the possibilities for optimization and performance are endless.”

Also at CES, NBCUniversal unveiled new engagement capabilities within its One Platform technology stack as well as success metrics that demonstrate the effectiveness of TV advertising. This comes ahead of a two-year run of English and Spanish-language programming that kicks off this year, and the company’s 100th anniversary in 2026. “Our One Platform ecosystem has maximized our marketers’ reach and scale over the past five years to prove TV is a performance vehicle in a way no other product in the marketplace has,” said Mark Marshall, Chairman, Global Advertising & Partnerships, NBCUniversal. “As we head into our next century, we are kicking off a slate of unrivaled content combined with cutting-edge technology and exceptional end-to-end advertising solutions that will drive demand in new ways and provide long-term viability for our clients.” Among the offerings are new viewer and advertiser experiences on Peacock; more predictive ad models; and the alignment of the emotional metadata of advertiser creative with the emotional metadata of content, using AI and machine-learning.

With 81% of Gen Z video viewers watching videos in vertical or portrait format weekly, and 79% saying adding a shorts feature to a streaming service would increase their weekly streamer app usage (that’s according to GenZ Insights in collaboration with Quickplay and Toluna), OTT solutions provider Quickplay has launched Quickplay Shorts. The new product creates and syndicates vertical short-form content from live and VOD long form video, and a social infinite vertical scroll front-end experience. “Quickplay Shorts redefines the game for streaming providers by seamlessly connecting with existing AV pipelines, enabling real-time delivery of both on-demand and live short-form content, and driving a rich, engaging user interface that enhances viewer engagement and retention,” said Juan Martin, CTO of Quickplay.

For more on CES, keep an eye out for a report slated to land in your inbox this afternoon.

Comcast announced Universal Ads, a platform aimed at simplifying the buying process for advertisers of all sizes. “Universal Ads has been purpose-built in response to what advertisers have been asking from Comcast. That is, make TV simpler to buy, scale and measure in a way that is compatible with the needs of performance marketers, and really, all marketers,” said James Rooke, President, Comcast Advertising. “Comcast has tremendous assets across tech, media and data. Universal Ads brings those assets together in a way that has never been done before.” Launching this quarter, Universal Ads is built on top of FreeWheel’s ad technology. Committed launch partners include A+E, AMC Networks, DirecTV, Fox Corporation, NBCUniversal, Paramount, Roku, TelevisaUnivision, Warner Bros. Discovery, and Xumo.

DirecTV Advertising is launching a dedicated OOH network, DirecTV Remote, activating video ads across the DirecTV footprint in commercial establishments like hotels, planes, and small businesses. DirecTV Advertising is currently in market with Starcom, and Best Buy as the first partner to advertise beginning this week. “As the advertising landscape becomes increasingly omnichannel, the line between online and offline continues to blur,” said Alyssa Kelly, SVP, Strategy and Planning at Starcom. “OOH is no longer just a standalone tactic—it’s a critical component of comprehensive media strategies that drive results.”

Cineverse announced that Multicom Entertainment Group has enlisted OTT solution Matchpoint. Cineverse will digitize and distribute Multicom’s catalog of more than 5,000 assets, including the app/channel TheArchive. “Multicom is an ideal partner for our Matchpoint services as a mature media company that is ready to scale and needs our unique technology to expand globally,” said Brandon Topping, Cineverse SVP of SaaS Sales.

Roku introduced Roku Data Cloud, which enables partners to access, analyze, and leverage Roku’s proprietary TV data seamlessly. Roku Data Cloud offers a connection for advertisers, agencies, and partners to receive accurate and reliable information from Roku’s TV operating system, which provides a view of viewership habits, preferences, and identity. It also unearths ad campaign data that informs future strategy across phases of the marketing cycle.

   A LOOK AT LOCAL

The E.W. Scripps Company has inked a new multi-year affiliation agreement with NBC covering all 11 of Scripps’ NBC television stations. “This expanded agreement recognizes our decades-long partnership with NBC as well as the importance of our TV stations in providing trusted local news reporting, emergency weather alerts and community coverage to these markets,” said Dean Littleton, Scripps EVP, Media Broadcast Operations. “Moreover, it illustrates the ongoing strength of the network-affiliate model and the enduring value of our local stations.”

Sinclair’s annual Diversity Scholarship program is now accepting applications for the 2025 academic year. The program has provided nearly $400,000 in tuition assistance since 2013.

   COMING UP

Amazon will return to upfront week, but on a new day and at a different venue. The event is moving from a Tuesday to Monday, May 12 at 6:30p at the Beacon Theatre. Last year’s showcase was held at Pier 36. At CES, Amazon promised “developments from Amazon Ads, a star-studded lineup of talent, and news from Amazon’s vast entertainment universe.”

Amazon’s Monday move doesn’t sit well with some. “The Upfronts are a longstanding tradition with a set schedule every year that is built on cross-industry collaboration in service of our collective agency and client partners,” said NBCU’s Mark Marshall in a statement to Variety. “The counterprogramming of Upfront events is unfortunate to our agencies and clients.”

Joey King (“A Family Affair”) and Cooper Koch (“Monsters: The Lyle and Erik Menendez Story”) have been enlisted to reveal the nominees for the 31st Annual Screen Actors Guild Awards® on Wednesday, January 8. The nominations will be streamed on Netflix’s YouTube channel beginning at 10:30a. The ceremony streams on Netflix Sunday, February 23 at 8p.

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   SPORTS REPORT

ESPN has re-signed NFL draft analyst Jordan Reid to a new contract calling for him to continue to serve as a member of ESPN’s year-round NFL draft team. During NFL draft season, Reid will make appearances across ESPN studio shows while also contributing to ESPN’s on-site NFL draft coverage.

The New Jersey Devils and Citizens are now accepting applications for the Jersey Shops presented by Citizens program, an initiative aimed at helping small businesses in the state. New this year, Citizens will provide four selected businesses with $5,000 to support their small business growth, as well as one year of professional support and networking, through Luminary valued at $2,500.

   RATINGS

ABC’s “2024 Rock & Roll Hall of Fame Induction Ceremony” rang in the new year with the show’s best Total Viewer audience ever (4.60 million), rising 49% over the previous year’s Total Viewer performance.

   EXECUTIVE MOVES

Russ Nelligan has been elevated to Hearst Television Vice President of Marketing. Since 2006, Nelligan has been the Creative Services Director at WCVB-TV, Hearst Television’s flagship station and Boston’s ABC affiliate.

Prentiss Fraser is returning to FOX as President, FOX Entertainment Global, the company’s worldwide content sales division. Most recently, Fraser served as President of Television Distribution at Fifth Season. Her previous experience includes a position as EVP & Managing Director, Content Distribution for FOX Networks Group in London.

Peter Daboll has joined AI platform DAIVID as Head of US. Daboll was previously CEO of Ace Metrix.

Sherry Pitkofsky has been promoted to SVP of Marketing at Scripps Networks. Pitkofsky had been a VP of Brand Strategy.

Linda Hamilton Daly is leaving Hallmark Media, with the elimination of her job as EVP, Programming. “Hallmark is aligning its consumer-facing touch points, including content, under a single leader, Chief Brand Officer Darren Abbott, with a focus and expertise in the expression of the Hallmark brand to consumers — from product to experiences and now content, across multiple platforms,” said the company in a statement.

This Day in History
1896 – Frannie Farmer published her first cookbook, The Boston Cooking-School Cook Book.

Answer to Our Last Trivia Question
Which short-lived medical drama was set in McKee Hospital? “Trauma Center” (1983). Kudos to: Justin Pierce-JP Consulting Group/LA; Charles A. Mannino-SubCom/Eatontown, NJ; Gerry Bixenspan-TV Marketing Inc./NYC; Tom Moore-Kalt Productions/LA; Susan Nessanbaum Goldberg-M and S Entertainment/LA

Today’s Trivia Question
Which series did Vulture describe as “the prime example of hackneyed, brainless situation comedy”? (Email [email protected] with your answer and be sure to include your name, company, city and time zone. Unofficial rules: a limit of four answers per time zone.)

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NEXSTAR MEDIA GROUP, INC./WASHINGTON, DC: Lead the company’s political advertising revenue across its dynamic portfolio of broadcast stations. Responsible for developing sales strategies tailored to the fast-paced, high-stakes political advertising market. You will possess an understanding of the political advertising landscape, and the ability to forge strong relationships with campaigns. Full info HERE

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Seeking a diligent, organized, and enthusiastic individual to join our team as we manage Integrated Marketing Campaigns for a candy manufacturer. Responsibilities include ensuring client satisfaction, managing project timelines, and optimizing campaign effectiveness. If you’re proactive and enjoy collaborating with teams, we want to hear from you! Full info HERE

DIRECTOR OF DIGITAL MEDIA
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Proven track record of monetizing digital assets on various social media platforms. Work closely with our production team in creating content and comprehensive marketing plans to increase market share. Full info HERE

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