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Hollywood’s Next Big Deal: Will Netflix Make an M&A Play for NBCU?
David Ellison has knocked out Warner Bros. Discovery, merging it with Paramount into the new Skydance Corp. Now the chatter around town is about the industry’s next megamerger. In the current landscape, only one media company of considerable size could be ripe for a takeover: NBCUniversal. Following its planned spinoff from Comcast in mid-2027, NBCU […]
Why ‘Suits’ Japan Swapped Drugs for Cash: NBCUniversal, TBS Format Chiefs on Localizing Hits at Taiwan Creative Content Fest
In the pilot of “Suits,” the briefcase that springs open during a job interview is full of marijuana, and it stays that way in the show’s Korean and Mongolian remakes. In Japan, the drugs became money, because drugs can’t be shown on Japanese TV, according to Linfield Ng, VP of format sales and production, Asia […]
Former BBC Studios, NBCUniversal Exec Jenny Groom Named Head of MGM Alternative
BBC Studios unscripted exec Jenny Groom is heading to Amazon MGM Studios, where she’s been named head of MGM Alternative. Groom will report to Amazon MGM Studios nonfiction head Jenn Levy, who made the announcement Wednesday. In a memo to staff, Levy said Groom will oversee MGM titles including “Survivor,” “Shark Tank” and “The Voice” […]
NBCUniversal Invests in India Microdrama Producer in $80 Million Fundraising Round
EloElo Group said it raised new equity funding, including from the Hollywood studio, to help its Story TV platform launch phone-focused mini-series internationally, including in the U.S. market.
NBCUniversal, Hornbill Capital Back EloElo, Parent of Indian Microdrama Platform Story TV, in $80 Million Funding Round
NBCUniversal and India-focused investment firm Hornbill Capital have co-led an $80 million Series C round in EloElo Group, the Bengaluru-based company behind Indian microdrama platform Story TV. MIT Investment Co. joined the round alongside existing backers Play Ventures, Kalaari Capital, Waterbridge Ventures and Griffin Gaming Partners, among others. The ra
India’s EloElo nabs $80M from NBCUniversal to bet on the country’s rising microdrama market
More than 118 million users watch microdramas every month as the serialized format has taken off in India. EloElo's Story TV is one of the top apps for microdramas, with over 33 million active users, according to analysts.
Producer Will Packer Stumps to Get Out the Vote and Launch a Private HBCU Fundraising Campaign
Producer Will Packer has never been shy about sharing his opinion, even as he’s become a public figure. In a season when so many of Hollywood’s boldface names have kept a low profile when it comes to politics, Packer has taken to stages in recent weeks to advocate for causes and candidates that he believes […]
Comcast Co-CEO Brian Roberts Touts Staffers’ “Energy And Excitement” About Pending NBCUniversal Split
Comcast chairman and Co-CEO Brian Roberts said staffers are eagerly anticipating the forthcoming split of NBCUniversal from the company’s broadband, pay-TV and wireless division. “Really, there’s an energy and excitement with the proposed separation in both organizations,” Roberts told Wall Street analysts Thursday at the end of the company’s third-quarter e
Comcast Plans Major Layoffs as It Preps for NBCU Spin-Off, Sees $1 Billion-Plus Restructuring Charge in Q4
Comcast is gearing up for significant job cuts in its cable and telecom business in the coming weeks, as the media conglomerate restructures ahead the expected spin-off of NBCUniversal in 2027. On the company’s third-quarter 2026 earning call, CFO Jason Armstrong said Comcast expects to take a restructuring charge of more than $1 billion in […]
Comcast Q3: Record-Breaking ‘The Odyssey’, Profitable Peacock Fuel NBCU Spinoff Momentum
Odysseus and his intrepid crew sailed through Comcast’s latest quarter as Universal surpassed $5 billion at the global box office, led by the The Odyssey, now Universal’s highest-grossing film of all time. The Christopher Nolan smash based on Homer’s epic has grossed nearly $1.9 billion worldwide since its July opening and set all sort of […]
Ex-Disney, NBCU & Bloomberg TV Execs Among New Advisory Board At Storyboarding Platform Pzaz
EXCLUSIVE: Former Disney, NBCUniversal and Bloomberg TV execs have formed part of a new advisory board at storyboarding and previsualisation platform Pzaz. Paul Robinson, Rose Stacey, Lindsey Oliver, Jonathan Levi and Weerada Sucharitkul have been named to board, as part of a plan to expand Pzaz internationally across North America, EMEA and Asia Pacific. Pz
HBCUs enter new fight for equal funding
A lawsuit in Missouri could have implications for the nation's historically Black colleges and universities. Current and former students at Lincoln University are suing the state for $549 million, alleging it systematically underfunded the school. The case could become a model for similar legal challenges across the country. Geoff Bennett spoke with Don Call
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