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Netflix co-founder/chairman Reed Hastings officially ended his 29-year career at the world’s biggest subscription streaming platform, replaced by longtime investor Jay Hoag at the company’s June 4 shareholder meeting. Hastings, who first announced his decision to leave Netflix in April, is leaving to focus on philanthropy and other pursuits. Hoag, who has been a Netflix … Continue reading “Reed Hastings Formally Steps Down as Netflix Chairman, Replaced by Longtime Investor Jay Hoag”

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Warner Bros. Pictures’ They Will Kill You will make its global streaming debut exclusively on HBO Max on June 12. The film will debut on HBO linear on June 13 at 8 p.m. ET. The horror-action-comedy, which has earned $19.3 million at the global box office, stars Zazie Beetz, Myha’La, Paterson Joseph, Tom Felton, Heather … Continue reading “‘They Will Kill You’ to Start Streaming on HBO Max June 12”

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Paramount June 4 filed a motion to have an antitrust lawsuit seeking to block its $111 billion equity acquisition of Warner Bros. Discovery tossed, citing politics, among other issues. In a filing with U.S. District Court for the Northern District of California in Oakland, Paramount alleges the plaintiffs’ case lacks legal merit, factual support and … Continue reading “Paramount Asks Court to Toss Antitrust Lawsuit Against WBD Merger”

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Google-owned YouTube has surpassed Netflix in average daily usage, according to new data from London-based Digital i. YouTube has approximately 2.7 billion monthly active users worldwide, while Netflix has 325 million paid subscribers and 780 million monthly average users. Citing a shift in consumption from mobile devices to TV screens, and how audience engagement compares … Continue reading “Report: YouTube Overtakes Netflix for Average Daily Viewing Time”

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New Line Cinema’s Mortal Kombat II debuts for premium digital rental and sale on June 9 and on DVD, Blu-ray Disc, and 4K Ultra HD Blu-ray Disc July 28 from Warner Bros. Discovery Home Entertainment. The film has earned $125.6 million at the global box office. In the latest installment in the blockbuster video game-based … Continue reading “‘Mortal Kombat II’ Due on Premium Digital June 9, on Disc July 28”

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Starz on June 1 announced it has hired industry veteran Jim Kapenstein as its chief legal and strategy officer. Kapenstein, who will join Starz next week, spent nearly three decades at The Walt Disney Co., most recently as deputy general counsel, managing and supervising Disney’s corporate team. In his new role at Starz, Kapenstein will … Continue reading “Starz Appoints Former Disney Exec Jim Kapenstein as Chief Legal and Strategy Officer”

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A24’s gamble on former teen Youtuber Ken Parsons appears to have captured lightening in a bottle. The 20-year-old Parsons first theatrical film, Backrooms — based in part on his YouTube series, “The Backrooms’ — is dominating the last weekend in May box office with a projected $81 million in opening North American ticket sales through … Continue reading “A24’s ‘Backrooms’ Stuns Weekend Box Office With $81 Million Debut”

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Roku’s biggest home screen redesign in more than a decade is not just a user interface update. It is a reminder that one of the most important battlegrounds in streaming is no longer just inside the apps themselves. It is increasingly the screen viewers see before they choose what to open. For years, the streaming … Continue reading “Roku’s Home Screen Redesign Shows Why Streaming Discovery Is Moving Upstream”

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The action thriller The Get Out will be available for digital sale and rental on June 30 after a limited theatrical run starting June 26. The Get Out follows the story of a nightclub owner (Russell Crowe) who is on the verge of leaving his dangerous past behind for retirement with his girlfriend (Teresa Palmer). … Continue reading “Russell Crowe Thriller ‘The Get Out’ Debuts Digitally June 30”

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Stadium Media has begun to release Wanda Diamond League Track and Field meets for digital purchase (EST). Stadium released Wanda Diamond League 2011: Eugene on May 5; Wanda Diamond League 2012: Oslo on May 12; Wanda Diamond League 2013: Eugene on May 19; and Wanda Diamond League 2014: Brussels on May 26, in which stars … Continue reading “Stadium Media Rolling Out ‘Wanda Diamond League’ Track and Field Meets for Digital Purchase”

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