UK’s BBC, ITV, C4 & C5 ‘unlikely to survive’ without overhaul, says Ofcom

UK broadcasters including the BBC, ITV, Channel 4 and ViacomCBS-owned Channel 5 are “unlikely to survive” without an overhaul of media regulation, according to an explosive report from the country’s media body Ofcom. According to its review of public service broadcasting (PSB), UK regulator Ofcom has found that public service content is important to audiences […]

Netflix reveals record-breaking UK production spend of $1bn in 2020

Netflix is poised to have increased its spending on UK productions by more than half to £750m ($1bn) in 2020, despite the disruption to its pipeline of shows caused by Covid-19. The streaming giant makes original shows including The Crown and The Witcher in the UK and has increased its budget by 50% during 2020 on […]

ViacomCBS unveils diverse Lat Am slate, following 25% budget pledge

ViacomCBS International Studios (VIS) in Latin America has revealed three new projects to have emerged from its previously announced policy to spend 25% of its budget on creating and developing Black, Indigenous, and People of Colour (BIPOC) content. The initiative, revealed as part of the company’s No Diversity, No Commission global policy in October, is designed […]

TBI Weekly: Six reasons why 2020 has been the year of AVOD

With an unexpected global pandemic and the roll-out of direct-to-consumer streamers from the US studios dominating much of the content-related conversation this year, it’s easy to forget that 2020 had been pencilled in by many as being the break-out year for AVOD. And while considerably more might have been written about DTC and Covid-19, advertising-supported streaming […]

Exclusive: Smithsonian Channel buys ‘Greek Island Odyssey’ from Drive

Smithsonian Channel in the US and Movistar in Spain have picked up a six-part docuseries that tracks historian and classicist Bettany Hughes as she explores the history of the Greek islands. Greek Island Odyssey With Bettany Hughes was produced by Sandstone Global Productions for ViacomCBS-owned Channel 5 in the UK and is sold by UK-based distributor […]

ViacomCBS to close legacy streamers as focus shifts to Paramount+

ViacomCBS is to shut down its smaller legacy streamers, such as MTV Hits, whose content will be added to its upcoming premium service Paramount+, amid a surge in subscribers for its existing SVOD and AVOD platforms. The decision was revealed in the company’s Q3 earnings report and comes as the US media giant prepares to […]

ViacomCBS appoints co-lead for Australia & New Zealand business

ViacomCBS Networks International (VCNI) has appointed Jarrod Villani as co-lead of the media giant’s Australia and New Zealand business, including Network 10. Villani joins Beverley McGarvey, who was appointed chief content officer and EVP in March since when she has overseen the combination of ViacomCBS’s business in Australia and New Zealand. She is responsible for […]

TBI Weekly: Supersized restructuring reflects global streaming revolution

Covid-19’s impact on the global TV industry is going to be felt for years to come and the changes it has brought about are myriad. Yet while the focus at the start of the pandemic was largely on the impact on production and dwindling ad revenues for broadcasters, the repercussions more recently have seen a […]

ViacomCBS promotes veteran Bryon Rubin to COO at CBS Entertainment

ViacomCBS has promoted veteran exec Bryon Rubin to become COO at CBS Entertainment Group. Rubin will remain CFO of the group and will also continue to report into CBS Entertainment Group president and CEO George Cheeks, who joined from NBCUniversal earlier this year to replace Joe Ianniello. In his new role, Rubin will oversee all financial […]

Australia’s Seven ‘explored merger’ with ViacomCBS’s Network Ten

Australian broadcaster Seven West Media reportedly held talks with ViacomCBS about merging with Network Ten, but the discussions failed to bear fruit. According to the Sydney Morning Herald, Seven chairman Kerry Stokes approached the US media giant over a potential sale that would have altered the face of Australian TV and reduced the number of […]

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