Rapid TV News - Broadcast Technology Daily
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Chicken Soup for The Soul seals Redbox buyout

Media Investment Editor 12-08-2022
Completing the acquisition of Redbox Entertainment, subscription video-on-demand provider Chicken Soup for the Soul Entertainment says it has now created a content and distribution company targeting value-conscious consumers with all elements of VOD services.
Crackle interface 12AUg2022

XUMO seals exclusive distribution deal with Magnolia Pictures

Deals Editor 12-08-2022
Streaming television and media entertainment provider XUMO announced it has partnered with Magnolia Pictures in a two-year distribution deal that it claims will bring a diverse range of signature film titles from its library to the FAST market for the first time.
Magnolia I love my dad 12Aug2022

Electric Entertainment closes $100MN financing deal

Media Investment Editor 12-08-2022
Gaining a cash line that it will fund its expanding production slate, in particular its growing over-the-top business, production and distribution company Electric Entertainment has closed a $100 million loan credit facility with Bank of America.
Electric co Dean Devlin 12Aug2022

Tubi expands in Latin America

VOD Editor 12-08-2022
After its recent broadening of horizons across North America, FOX Entertainment’s free ad-supported streaming service Tubi is looking to all points south in the continent and is to launch in five further Latin American countries, namely Costa Rica, Ecuador, El Salvador, Guatemala and Panama.
tubi spanish 17 Sep 2020

Amagi sees yearly revenue growth more than double

Infrastructure Editor 12-08-2022
Benefitting from consumer demand for connected TV-led content experiences which has led to increasing requirement for its SaaS technology and free ad-supported streaming TV (FAST) partnerships, Amagi has revealed a revenue growth rate of over 100% at the end of the first quarter of 2022.
Amagi Momentum PR banner 8Oct2020

Commonwealth Games breaks record with over 57 million streams on BBC

Ratings/Measurement Editor 11-08-2022
2022’s successful summer of sport, both on the field and on the screen, has segued to the Birmingham 2022 Commonwealth Games with the BBC reporting unprecedented viewing for the 11-day event.
BBC Commonwealth Games 11 Aug 2022

Cost of living crisis hits UK TV subscriptions

Media Analysis Editor 11-08-2022
The UK TV sector is no exception from being pounding by the effects of inflation and the cost of living crisis and, says research from consumer research platform Attest, the usage of paid content subscription services is declining.
SKy glass lifesyle 11 Aug 2022