😡 Writers Speak Out Against WBD Sale
The Writers Guild of America (WGA) has strongly spoken out against any merger of Warner Bros Discovery (WBD) with another major studio, calling such consolidation a “disaster” for its members.
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🎳 GPM to complete media asset integration next year
Gazprom-Media Holding (GPM) will merge its key video assets—the video hosting platform Rutube, the vertical video service Yappy (formerly Shorts), and the online cinema Premier. The head of the holding, Alexander Zharov, announced this at the “Media Business” conference.
🌮 Food Tastes Better in Front of the TV
A study on snacking habits showed that the majority of Brits (90%) enjoy their food the most when relaxing in front of the television on the sofa, rather than in the kitchen or at a desk.
🚀 Airbus, Leonardo, and Thales Create a SpaceX Competitor
Three of the largest European companies—Airbus, Leonardo, and Thales—have signed a memorandum to create a new leading player in the space industry.
▶️ It’s impossible to find what to watch on VoD services
At the Medientage München conference, experts named the main problem facing streaming services: difficulties with content discovery.
🤷♂️ Telesport files for bankruptcy
JSC “Telesport Group,” one of the largest sports broadcast operators, has filed for its own bankruptcy. According to the liquidator’s estimates, the company’s total debt to creditors is nearly 3.6 billion rubles.
🚀 Africa outpaces the World in media market growth rates
PwC has published a report stating that the African Entertainment and Media (E&M) market is growing faster than the global average.
⚽️ UEFA joins the ranks of anti-piracy fighters
The European football governing body UEFA has officially joined the Alliance for Creativity and Entertainment (ACE)—the world’s largest anti-digital piracy coalition.
📋 Online Cinemas to be obligated to declare traditional values
Online cinemas in Russia may be obligated to complete special declarations stating that their content complies with the criteria for traditional values.
🔮 Netflix forecast disappoints investors
Netflix shares fell by 7% in pre-market trading on October 22 after the streaming service’s Q4 forecast only slightly exceeded Wall Street expectations.