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Disney Sees Record 2016 from Plan Years in the Making

MarketWatch: “Finding Dory,” “Doctor Strange” and more recently “Moana,” as well as a host of other animated and live-action films this year, have helped Disney break records at the box office. And that’s in a year that’s been widely perceived as lacking in quality...

Comcast’s Fandango Buys Peru Online Movie Ticketer

Reuters: Fandango, an online movie ticketing platform owned by Comcast, said on Thursday it would buy Peru-based Cinepapaya to expand in Latin America. Besides selling tickets online, Cinepapaya, which started as a single-movie theater in 2013, gives theater owners...

21st Century Fox Invests in Augmented-Reality Eyewear

Social Tech: 21st Century Fox is the lead investor in a $58 million, Series A funding for San Francisco-based Osterhaut Design Group (ODG), a developer of augmented reality sunglasses. According to ODG, the Series A was led by Fox and also included Shenzhen O-film...

Time Warner’s CNN Pursuing Fox News Star Megyn Kelly

Drudge Report: CNN president Jeff Zucker is actively perusing Fox star Megyn Kelly to anchor 8 or 9 p.m. on his network. "He is moving the Himalayan mountains to get her," a top insider explains. "But they are tripped up on money. He simply can't pay her the $20...

CBS Adds Live NFL Games to Streaming Video Service

Reuters: CBS’s All Access subscription-based streaming video service will offer live National Football League games beginning on Sunday. The agreement covers all NFL games that air on CBS throughout the rest of the current season and post-season. The specific games...

Disney Shouldn’t Rule Out Buying Netflix, Analyst Says

CNBC: Clients kept asking Bernstein's Todd Juenger whether Disney should buy Netflix, so the media analyst decided to write an analysis of such a deal despite the fact there are no reports suggesting any partnership is being contemplated by either party. In this...

Google’s YouTube Feuds with Creators Over Subscribers

Kotaku: Top YouTubers are saying that, yet again, the behemoth video sharing network is screwing them over. This time, it’s about an alleged issue with subscribers — suddenly, they’re disappearing. And, no, it’s not because they unsubscribed. YouTube, for its part,...

Amazon Becomes ‘Mini Comcast’ with New Video Effort

Bloomberg Gadfly: Amazon said Tuesday that it would give Prime members the ability to sign up for additional online video subscriptions -- most prominently those of Showtime and Starz. The announcement makes Amazon increasingly resemble a mini Comcast -- a combination...

Facebook Preps Algorithm to Flag Offensive Live Videos

Reuters: Facebook is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company’s director of applied machine learning. The social media...

Snapchat’s Video Eyewear to Offer Prescription Lenses

Engadget: Snapchat's video-recording Spectacles are super cool, but for folks who need prescription glasses they're just another tech accessory that they can't wear comfortably. Until now. The fine people who made prescription lenses for Google Glass at Rochester...

Twitter Acquires Startup to Gain New Head of Product

Bloomberg: Twitter is hiring Keith Coleman, who has a decade of experience at Alphabet’s Google, to oversee products, filling a position that’s been empty since January. Twitter bought Coleman’s little-known startup, Yes, as part of the deal. The company’s apps,...

iHeartMedia Launches On-Demand Music Starting at $5

TechCrunch: A few months ago, iHeartRadio announced that it would be adding paid subscriptions for on-demand music. Today it’s releasing more details about its plans — and launching beta versions of those paid offerings. iHeartRadio president Darren Davis said the new...

Bloomberg Media Taps Ad Exec for Global Creative Chief

Adweek: Bloomberg Media is expanding its creative, marketing and custom content offerings. And it's latest big move is the hire of Teddy Lynn, Ogilvy & Mather's North American CCO of content and social. Lynn will lead a team of creatives, editors, copywriters,...

Reuters Creates Tool to Spot Breaking News on Twitter

Nieman Lab: Reuters over the past two years as has built the Reuters News Tracer, a custom tool designed to monitor Twitter for major breaking news events as they emerge. While reporters curate their own lists of sources to get rapid alerts on stories they’re already...

Time Inc Top Exec in Rome with Pope Amid Bidding War

New York Post: Maybe Pope Francis will impart some divine wisdom to Rich Battista. The Time Inc. CEO is among a handful of business execs in Rome this weekend for the Fortune Global Forum, which will feature an address on Saturday by the Holy Father. Any wisdom will...

Conde Nast Shutters Self Mag in Print; More Cuts Likely

WWD: Conde Nast is closing Self magazine in print. The publisher said it would continue operating Self.com, and that executive digital director Carolyn Klystra would be named editor in chief. The closure entails roughly 20 job cuts, including the termination of Self...

Nikkei’s Financial Times Digital Revenues Surpass Print

Guardian: The Financial Times has passed a significant milestone by securing more revenues from digital than print. It means that it can claim to be the first mainstream UK newspaper to be able to describe itself as a truly “digital content business.” The paper had...

Gannett Loses 200 Subscribers After New Jersey Redo

New York Post: Subscribers to The (Bergen) Record, which was taken over when Gannett bought the North Jersey Media Group of newspapers for $40 million this July, are turning a big thumbs-down on the radical redesign unveiled Nov. 16. More than 200 angry readers...

Daily Mail: We’re Open to Selling Off Our Newspapers

Financial Times: Daily Mail and General Trust has refused to rule out a sale of its newspaper titles as part of a strategic review being overseen by new CEO Paul Zwillenberg. In response to a question about the future of the Daily Mail, Zwillenberg said there were “no...

Elite Daily News Site ‘Worthless’ Two Years After Sale

Recode: Elite Daily used to look like a digital publishing success story. Now it is a cautionary tale: The owner of the Daily Mail, the publisher that bought Elite Daily in January 2015, says the New York-based startup has been a bust, and has written down all of its...

Time Inc Creates Centralized Digital Newsroom Division

WWD: Time Inc. is looking to get ahead of the digital news game with the launch of a new centralized digital newsroom. The purpose of the division is to distribute viral news and breaking news across Time Inc.’s various titles. A similar structure has been deployed by...

Newsweek ‘President Hillary’ Recall Issue a Hit on eBay

Associated Press: Supporters of Hillary Clinton apparently still have a chance to get a since-recalled commemorative edition of Newsweek that was set to be released if the Democrat won the presidential election. The "Madam President" edition was quickly recalled...

News Corp Acquires Sky News in Australia, New Zealand

Sydney Morning Herald: News Corp. has fully acquired Australian News Channel, which produces Sky News in Australia and New Zealand. Australian News Channel was jointly owned by BSkyB, Seven Network, and Shertip Pty Ltd, which is wholly owned by Nine...

AT&T’s New DirecTV Streamer Likely to Cannibalize Cable

MarketWatch: AT&T's new DirecTV Now service won’t turn the industry inside out, flip it on its head or break the mold, but it gets AT&T a seat at the online streaming TV table. Cord-cutters and younger cord-nevers will be presented with another way to stream...

GoPro to Shutter Entertainment Division, Slash 200 Jobs

Bloomberg: GoPro, struggling to get traction with its action-cameras and new drone, is eliminating about 15 percent of its workforce and shutting down the entertainment division to reduce costs. The company, which isn’t profitable, will cut more than 200 full-time...

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