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AT&T-Chernin’s Fullscreen to Shut Down Streaming Service

TheWrap: Fullscreen Media is shutting down its self-titled streaming service and laying off about 25 employees, the company announced Monday. The teen-focused subscription streaming service, which costs $5 a month, will stop airing during the first quarter of...

Disney-Hearst’s A+E to Invest in Dan Abrams Site LawNewz

Wall Street Journal: Dan Abrams's dream of bringing back a modern version of Court TV is taking a step closer to reality. A+E Networks has agreed to take a substantial minority investment in Mr. Abrams's LawNewz Network, which specializes in airing real-life courtroom...

Amazon Plans Debut of Free, Ad-Supported Video Service

AdAge: Amazon is developing a free, ad-supported complement to its Prime streaming video service, according to people familiar with its plans. The company is talking with TV networks, movie studios and other media companies about providing programming to the service,...

Disney’s ESPN Brings SportsCenter Franchise to Snapchat

Reuters: ESPN launched its flagship SportsCenter program on messaging app Snapchat on Monday, reimagining the show that provides sports highlights and commentary into a short-form series. The new show deepens the relationship between ESPN parent Disney and Snapchat...

Amazon Inks Deal to Produce ‘Lord of the Rings’ TV Series

Bloomberg: After six movies that grossed almost $6 billion in theaters, Amazon thinks there’s still money to be mined in Middle Earth. The online commerce pioneer said Monday it acquired global TV rights to “The Lord of the Rings” and is working with Warner Bros.,...

Netflix Won’t Be Harmed by Disney’s Streamer, Diller Says

Variety: Disney’s decision to start its own streaming service makes sense, said IAC chairman and former studio exec Barry Diller during a keynote conversation at the Internet Association’s Virtuous Circle Summit Monday morning. However, Disney shouldn’t expect to ever...

Hulu Former Tech Chief is Named VP of Google Play Store

Variety: Google just added a high-ranking Hulu executive to its team: The company has hired former Hulu CTO Tian Lim, who will be leading product and user experience efforts as a VP for Google Play. Lim’s departure isn’t the only recent high-profile exec exit for...

Snap Hires Nielsen Veteran for Entertainment Measurement

Variety: Cheryl Idell, a veteran of media research and advertising measurement with nearly three decades of experience, has joined Snap as head of entertainment measurement. Snap hired Idell to help pitch its advertising products to movie studios, TV networks and...

Facebook’s Fact-Checkers Say Their Efforts Are Merely PR

Guardian: Journalists working for Facebook say the social media site’s fact-checking tools have largely failed and that the company has exploited their labor for a PR campaign. The reporters also lamented that Facebook had refused to disclose data on its efforts to...

Google Faces Investigation by Attorney General in Missouri

Associated Press: Missouri’s attorney general announced Monday that his office is investigating Google for potential violations of the state’s consumer-protection and antitrust laws. Republican Attorney General Josh Hawley told reporters that he issued an...

New York Times to Benefit as Print Rivals Die Off, CEO Says

Nieman Lab: New York Times CEO Mark Thompson: "It’s possible the competitive landscape will actually get in some ways more attractive for the New York Times, because I’m afraid I see a lot of casualties over the next few years because of the economics of the...

Gannett Names Execs for Business-to-Business, Consumer

USA Today: Gannett, the media company that owns USA Today and 109 local news properties, on Monday announced organizational changes to strengthen its business-to-business and consumer businesses. As part of that change, the company named two execs to head up those...

Tronc’s Los Angeles Times in Newsroom Spat Over Disney

New York Times: A dispute between the Los Angeles Times and Disney has ignited a battle between the paper’s employees and its new top management. Some journalists received messages by email and Slack warning them against retweeting any praise of Times...

Monocle Magazine to Open Branded Apartments Worldwide

Guardian: Tyler Brûlé, Monocle’s founder and chairman, is working on plans to launch a high-end apartment complex in Bangkok in partnership with a luxury Thai property developer. Monocle is the latest upmarket brand to team up with property...

TheStreet Extends Ties with Founder Cramer Through 2021

TheStreet: TheStreet announced Monday that it has extended its contract with founder and chief contributor Jim Cramer for another four years through 2021. "Jim's continued commitment to TheStreet is a strong validation of the positive direction the company is...

Apple-Disney? Big Media M&A Deal Talk Rife Amid Tumult

Financial Times: A radical reshaping of the media landscape could be in store as content owners, distributors and disruptive technology companies jockey for control. Analysts and investors are talking about all kinds of combinations, some as radical as Apple bidding...

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