Darren Throop will step down from his role as president and CEO of eOne at the end of the year. Hasbro, which bought eOne for $4 billion in 2019, announced his departure this morning, indicating it would articulate a full transition plan before Throop’s exit becomes final. “Darren built a team with deep passion, creativity and talent and, on behalf […]

Indian media and entertainment giant Eros Media World is moving into the rapidly growing Saudi Arabia market, entering a strategic partnership with Riyadh-based content production company Arabia Pictures Group. The pair will explore opportunities in the film, technology and Web3 spaces and eye investments in content production, including end-to-end production, line production, distribution and more. They will also seek to introduce […]

Hong Kong (CNN)Severe heat warnings were issued for almost 70 Chinese cities, where temperatures were expected to exceed 40 degrees Celsius (104 degrees Fahrenheit) Monday, according to the China Meteorological Administration. Another 393 Chinese cities and counties were forecast to swelter in temperatures of 35 degrees Celsius (95 degrees Fahrenheit) and above, the administration added. Temperatures in China have been […]

Retail giant Walmart is partnering with media major Paramount Global to offer Paramount+ Essential subscription to Walmart+ members at no extra cost. Starting in September, Walmart+ members will be able to stream premium entertainment as part of their membership with Paramount+, a direct-to-consumer digital subscription video on-demand and live streaming service. Walmart+ will remain $98 a year or $12.95 a […]

The government is busy strategising ways to revive the domestic mobile device industry as Chinese firms have grabbed a large chunk of the handset market. The idea is to minimise competition from Chinese mobile players in the entry level or sub-Rs 10,000 category, according to a senior government official familiar with the plans. While discussions on the strategy are on, […]

EXCLUSIVE: PodcastOne, a leading podcast platform and a subsidiary of LiveOne, has entered into a multi-year agreement with Kevin Connolly’s boutique media network ActionPark Media (APM). The deal gives PodcastOne exclusive distribution and advertising sales rights for APM’s current slate of podcast and vodcast programming. In addition, it will also allow for the two media companies to co-develop future podcast/vodcast […]

The CW is about to enter a new ownership era, as local TV giant Nexstar Media Group has confirmed a pending deal to acquire a 75% stake in the 16-year-old broadcast operation. Warner Bros Discovery and Paramount Global will each retain a 12.5% ownership interest in the CW and will continue to produce scripted content for the network. Nexstar had […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info New findings from funding expert Catax suggest big regional differences in government innovation support across the UK, with some places […]