Cynopsis 11/21/24: Comcast plans to spin off cable networks

Cynopsis
Thursday November 21, 2024

   IN THE NEWS

Comcast plans to spin off NBCUniversal cable networks MSNBC, CNN, USA, Oxygen, E!, Syfy and Golf Channel into a separate company. “The transaction will be structured as a tax-free spin to existing shareholders,” said Comcast President Mike Cavanagh in an internal memo, estimating the transition will take about a year. The independent company “will be positioned to lead in the changing landscape for cable networks given the strength of its portfolio and the quality and focus of its management team,” added Cavanagh. Bravo will remain with the mother ship, along with NBC and Peacock.

The Trade Desk announced that it has developed Ventura, a new streaming TV operating system addressing issues including frustrating user experiences, inefficient advertising supply chains, and content conflicts-of-interest. The Trade Desk touts benefits with Ventura including:
· A more intuitive, engaging user experience, including cross-platform content discovery, personalization, subscription management, and ultimately fewer (more relevant) ads.
· A cleaner supply chain for streaming TV advertising, minimizing supply chain hops and costs.
· Incorporating advances such as OpenPath and Unified ID 2.0 (UID2), Ventura will enable advertisers to value and price ad impressions across all streaming platforms more accurately, while finding relevant audiences with greater precision.

“We’re at a point in the evolution of streaming TV where we must ensure the supply chain of streaming TV advertising is competitive and transparent, so advertisers can maximize campaign performance, publishers can fund this new golden age of TV, and consumers have a better streaming TV ad experience,” said Jeff Green, CEO and Founder, The Trade Desk. “This innovation has to come in the OS, and it has to come from a company that brings the objectivity of not owning any streaming TV content. At The Trade Desk, all we want is a fair marketplace, where supply chain costs are minimized, and advertiser trust can thrive.”

One reason Disney+’s integration of Hulu is working is because of the services’ complementary programming, notes Parrot Analytics’ new Streaming Report Card. Hulu provides more general entertainment and female skewing content versus Disney+’s young male centric offerings. TV programming commands a significantly higher share of audience demand in the US on Hulu than movies, while movies command a higher share than TV on Disney+. And Hulu boasts a significantly higher share of non-English programming than Disney+. As for 4Q24, Parrot says once Disney’s buyout of Comcast’s stake in Hulu is completed, the company “must decide if it wants to invest the resources necessary to position the vMVPD to compete with YouTube TV or if it should be shuttered to focus on ESPN’s forthcoming OTT offering.”

Addressable TV has become a vital channel for advertisers, with more than half now saying addressable is a “must-buy” after being viewed as an “add-on” three years ago, according to new research from trade organization Go Addressable in conjunction with Advertiser Perceptions. Key findings include:
· 51% of agencies and marketers found improvement in the simplicity of buying addressable TV.
· 85% of advertisers say they are satisfied with the current state of addressable TV.
· 60% of advertisers believe the current state of addressable TV has improved.
· 64 % increase of those advertisers who say it has improved significantly in the last year.

“In today’s fragmented TV landscape, it’s more challenging than ever for advertisers to efficiently and confidently reach intended audiences,” said Tim Myers, Executive Director for Go Addressable. “Addressable TV that is powered by deterministic data is a powerful tool that not only makes media buying more effective and brand-safe for advertisers but ensures an optimal experience for viewers in terms of frequency and relevancy of the ads they receive.”

Advertising units running adjacent to news content, including polarizing topics, deliver high engagement without harming brand perception, according to a study from Daily Mail in partnership with Lumen. A survey of US consumers found:
· Half of users are likely to engage with polarizing news content.
· One in three users are likely to respond positively to brands advertised alongside crime, political, or scandalous news.
· Over 80% of users believe that advertising around polarizing content won’t negatively impact brand perception.

“Millions of people come across a Daily Mail headline over the course of a day and our research proves that brand recall amongst our loyal readership isn’t affected by what may be on the homepage or on our TikTok feed,” said Linda Villani, Chief Revenue Officer.

Netflix has been hit with a lawsuit over the streaming glitches that occurred during the fight between Mike Tyson and Jake Paul. The streamer “delivered the first punch of the night, to its customers, with unrelenting ‘buffering’ and blocked coverage,” alleges a class action complaint filed on Monday. Netflix has reported there were 65 million live concurrent streams and 108 million total live viewers tuning in for the fight around the world.

Disney, ESPN and the NBA are teaming up to present “Dunk the Halls,” a real-time animated NBA game using Sony’s Beyond Sports technology. The game airs Wednesday, December 25 at noon, when the New York Knicks host the San Antonio Spurs, on ESPN2, Disney+ and ESPN+. The alt-cast is the first animated presentation of an NBA game and the first NBA game to stream on Disney+.

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   PRODUCTION & DEVELOPMENT

Telemundo has acquired the adaptation rights to “Velvet,” the hit Spanish drama. The modern adaptation is set to premiere in 2025 and will be the next major production to take place at Telemundo Center’s new facilities in Miami. “We are thrilled to bring this beloved series to our audience, with its universal themes and compelling narrative that make it a perfect addition to our diverse programming lineup,” said Javier Pons, EVP of Telemundo Studios. “With ‘Velvet,’ we continue to strengthen Telemundo’s content strategy with drama series that connect with our audience through relevant, contemporary stories featuring their favorite established and up-and-coming stars.”

Cowshed Collective is producing a second season of YouTube-originated reality series “Inside” for Netflix alongside The Sidemen. The 7 part-series is set to premiere globally in early 2025.

Pamela Hayden, who has voiced many characters on “The Simpsons,” has opted to retire from her character voice work. “The time has come for me to hang up my microphone, but how do I say goodbye to ‘The Simpsons’?……not easily,” she said. “It’s been an honor and a joy to have worked on such a funny, witty, and groundbreaking show, and to give voice to Milhouse (and Jimbo Jones, Rod Flanders, Janey, Malibu Stacy, and many others),” she said.

“A Good Girl’s Guide to Murder” will be back for a second season. Netflix, the BBC and producer ZDFneo ordered a six-part second run of the series based on the YA A Good Girl’s Guide books by Holly Jackson.

Impact Network, a home for Black family entertainment, has greenlit its first original scripted series, workplace comedy “Highly Favored.” “’Highly Favored’ is just the beginning of our investment in original programming and our promise to give audiences authentic family-oriented content they won’t get anywhere else,” said Royal W. Jackson, EVP, Impact Network and series co-executive producer.

Disney+ and Hulu have ordered a second season of Australian series “The Artful Dodger.” Filming will begin next year in Sydney.

Big Bad Boo Studios gave the official greenlight for season two of animated action-adventure series “Galapagos X.” Commissioning partners TVOKids, SRC Radio-Canada, Knowledge Kids, and TFO have ordered another 26 11-minute episodes of the time-travel show.

Seven actors have been added to the cast of Peacock’s upcoming “The Office” series: Duane Shepard Sr. (“The Conners”), Allan Havey (“Loot”), Nate Jackson (“Young Rock”), Mo Welch (“Kwaczala”), Nancy Lenehan (“The Boys”), Molly Ephraim (“A League of Their Own”), and Tracy Letts (“Saturday Night Live”). The comedy focuses on workers at a dying Midwestern newspaper.

Newsmax has re-signed James Rosen to a multi-year contract to remain as the network’s Chief White House Correspondent.

   NEW & RETURNING SERIES

Apple TV+ set Friday, March 14 as the debut date for crime drama “Dope Thief,” created and executive produced by Peter Craig (“The Batman”), and executive produced by Ridley Scott (“Gladiator”).

Gabriel Macht, who played lawyer Harvey Specter on “Suits,” will reprise his role in a three-episode arc on NBC spinoff “Suits LA.” The original ran on USA Network from 2011-19.

“Kids Baking Championship” returns to Food Network on Monday, January 6 at 8p for an animal-inspired season. Look for fluffy, furry and feathery friends to drop in to the kitchen.

Comedic drama series “Good Cop/Bad Cop” premieres on The CW on Wednesday, February 19 at 9p. Leighton Meester and Luke Cook star as sibling detectives.

Today’s Premieres
Max: Human vs. Hamster; The Sex Lives of College Girls
Netflix: Tokyo Override; Saudi League: Kickoff; A Man on the Inside
Peacock: Based on a True Story; Press Start
Prime Video: Cruel Intentions; Dinner Club
The Roku Channel: The Great American Baking Show Celebrity Holiday
Viaplay: Ronja, The Robber’s Daughter

   COMING UP

AXS TV is airing a two-day marathon of the first season of “Nashville” beginning Saturday, December 7 at 10a. As part of the event, AXS TV will present new exclusive interviews with cast members Clare Bowen, Charles Esten, Jonathan Jackson, and Sam Palladio.

Documentary “The Honey Trap: A True Story of Love, Lies and the FBI” premieres Friday, December 6 on Paramount+ with Showtime and on air at 10p. The film follows the infamous Berlin rapper Denis Cuspert aka Deso Dogg and his journey from artist to MMA fighter to ISIS recruiter.

   ADVERTISING

SharkNinja is sponsoring the second season of Tom Colicchio’s “The Pantry” on VIZIO WatchFree+. The branded entertainment series features celebrity chef Colicchio, and an end-to-end shoppable CTV experience, including an episode to help viewers shop for new air-fryer Ninja CRISP. “Viewers can learn new tips and recipes, then easily purchase everything they see on screen – from ingredients to cookware – and recreate the dishes at home,” said Colicchio. “It’s truly an exciting step forward in interactive cooking shows.”

Data standards company Claravine has partnered with technology consulting company Slalom for the Marketing Taxonomy Assessment, designed to help brands identify gaps in their existing campaign taxonomies. “Enterprises face constant challenges and market conditions with their taxonomy and metadata across multiple marketing ecosystems,” said Vanya Jakovljevic, VP, Channel Partnerships, Claravine. “Our partnership with Slalom addresses a critical need for brands, enabling them to establish strong data standards and unlock the full potential of marketing investments.”

   THINK FAST

Stingray announced the launch of seven new FAST channels for Xfinity customers. The lineup includes Stingray Naturescape, Stingray Holidayscapes, and five Stingray Music audio channels.

Hemisphere Media Group and Roku have launched FAST channel “Todo Novelas, Más Pasiones” on The Roku Channel in the US and Mexico, offering telenovelas from around the world.

TV5Monde, the French-language entertainment network, has launched its first FAST channel in the US. TV5Monde Voyage, subtitled in English, is part of the Sling Freestream platform.

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   SPORTS REPORT

TNT Sports’ networks and platforms will televise more than 30 men’s and women’s college basketball games during Thanksgiving Week’s Acrisure Series and the Players Era Festival events spanning Tuesday, November 26 through Saturday November 30. TNT, TBS, and truTV, with all games streaming live on Max’s B/R Sports Add-On, will offer coverage throughout the week.

Barcelona-based Titan OS is teaming with FIFA+ to launch the FIFA+ FAST channel for European audiences. The collaboration will make FIFA+’s premium programming, including live streams, highlights and originals, available to more than 9 million viewers across Europe on Philips smart TVs powered by Titan OS, as well as select Sony’s Android TVs.

   GOING GLOBAL

The international distribution arm of Off The Fence has closed deals with Spanish broadcasters including AMC Networks International Southern Europe, which acquired more than 40 hours of premium factual programming.

   RATINGS

“Yellowstone” Season 5B ranked as the #1 premiere for any series internationally in Paramount+ history on launch day, surpassing all previous “Yellowstone” debuts.

ESPN’s “Monday Night Football” on November 18 drew 17 million viewers across ABC, ESPN, ESPN2, and ESPN Deportes. The game joins last season’s Eagles-Chiefs Super Bowl rematch as the two most-watched “MNF” Week 11 games in the ESPN era (2006 – present).

Telemundo’s broadcast of the73rd Miss Universe pageant set a new record for the network last Saturday, delivering 243 million engagements across television, digital, Peacock and social platforms, nearly doubling (+96%) the total engagement delivered by the 72nd edition in 2023.

Viewers of MSNBC’s “Morning Joe” apparently didn’t approve of the hosts’ meeting with Donald Trump at Mar-a-Lago to “restart communications.” According to Nielsen data, 56 minutes after Joe Scarborough and Mika Brzeninski shared news of their trip, viewership dropped 17%, from 839,000 to 694,000. Among A25-54, viewership dropped by 38%.

This Day in History
1931 – “Frankenstein,” starring Boris Karloff, was released.

Answer to Our Last Trivia Question
In what year was the first commercial flat-screen plasma television introduced? 1997. Kudos to: Rick Dascher-RDTV/Atlanta; Gerry Bixenspan-TV Marketing Inc./NYC; Tom Moore-Kalt Productions/LA; David Garber-Loyola Marymount University/Playa Vista, CA; Susan Nessanbaum-Goldberg-M and S Entertainment/LA; Synda Kollman-Charter Marketing Group/Boca Raton, FL

Today’s Trivia Question
Who killed Bryce on “13 Reasons Why” (2017-20)? (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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