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The Hollywood ReporterThe Hollywood Reporter

The Hollywood Reporter Wednesday November 14 2018

The all-new Hollywood Reporter offers unprecedented access to the people, studios, networks and agencies that create the magic in Hollywood. Published weekly, the oversized format includes exceptional photography and rich features.

Country:
United States
Language:
English
Publisher:
Prometheus Global Media
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48 Issues

IN THIS ISSUE

1 min.
heat index

Chris Meledandri The animation guru’s The Grinch restarts Universal’s Dr. Seuss franchise with a $67.6 million domestic debut and could play through the holidays. Brian Roberts President Trump backs the American Cable Association’s effort to break up Comcast over antitrust concerns, saying it hurts consumers “much worse” than AT&T-Time Warner. Marti Noxon The Sharp Objects and Dietland alum inks a rich overall deal with Netflix for four years, taking home eight figures per year. Nick Bell The Snapchat content chief exits after five years as CEO Evan Spiegel struggles to grow revenue and user numbers. Showbiz Stocks $32.57 (+1%) VIACOM (VIAB) The conglomerate’s MTV expands its live-events business by purchasing the SnowGlobe Music Festival, which hosts a multiday event that ends with a New Year’s Eve concert in Lake Tahoe, California. $41.46 (-27%) ROKU (ROKU) The digital entertainment firm comes up $3 million shy…

6 min.
fox vs. fox news could be murdoch’s next battleground

Fox’s The Simpsons had been skewering Fox News for years before the right-leaning cable network finally had enough and threatened to sue in 2003 over a parody scrawl on the show (“Do Democrats cause cancer?”). Had Fox News sued either the broadcast network that airs the show or the studio that produces it, the corporate parent controlled by Rupert Murdoch essentially would have been suing itself, so it never happened. The incident, though, underlined an important dynamic: Fox News could not inflict its will on other segments of the Murdoch media conglomerate — a dynamic many insiders fear will be reversed once Disney acquires most of 21st Century Fox, leaving Fox News as the dominant profit driver of so-called “new Fox,” run by Lachlan Murdoch. “I kind of wish Disney was…

4 min.
can fox news get younger viewers?

Fox News Channel — with a graying audience that is pushing 70 — knows that it needs to reach younger viewers. But will its new streaming service extend its linear brand dominance? Network executives are spending big to try. Fox Nation, the company’s on-demand subscription service, launches Nov. 27 with a roster of programming that features current stars (Laura Ingraham, Jeanine Pirro) and up-and-comers (Tomi Lahren, recently of Glenn Beck’s TheBlaze; Britt McHenry, a social media flamethrower and former ESPN reporter). The platform is entering an increasingly busy over-the-top market. But unlike many legacy news brands, Fox News is mounting a digital offering that will eschew news in favor of the kind of opinion programming that has swelled the Fox News audience to more than 2.8 million viewers in primetime in…

2 min.
power play: lionsgate’s gamble on starz paying off

In December 2016, when Lionsgate completed its $4.4 billion acquisition for Starz in order to bet on the success of an over-the-top service, the prospects were less than rosy. But now the premium TV channel had seen its OTT subscribers jump past the 3 million mark amid a crowded market, putting its streaming service on competitive footing with CBS All Access and Showtime OTT, offerings that research firm eMarketer estimates had 2.5 million subscribers apiece at the end of 2017. (CBS does not disclose separate numbers for All Access and Showtime.) How’d that happen? Brahm Eiley, president of Convergence Consulting Group, says that ensuring a stream of popular originals like Power, Outlander and Counterpart has enabled the Chris Albrecht-led Starz to nab new OTT subscribers — either via a $9 a-month…

3 min.
the great digital depression claims another victim

At the height of the digital boom in 2015, every media and entertainment company was a prospective buyer. DreamWorks Animation carved out its piece of Awesomeness, Disney had already scooped up Maker Studios, NBCUniversal made investments in Vox Media and BuzzFeed. But when Defy Media tried to sell this year, it found a very different market. Defy, which in 2016 raised $70 million from Wellington Management Co. and counted Lionsgate and Viacom as investors, at one point had sales talks with Viacom, but they never became serious. As late as mid-October, CEO Matthew Diamond and president Keith Richman had advanced conversations with prospective buyers, a knowledgeable source tells THR, but those deals fell Richman through. Instead, the company shut down Nov. 6. Although Defy’s brands reached millions of viewers monthly, the…

2 min.
careful: building momentum’s fine, just don’t misstep

BEST PICTURE On the Basis of Sex AFI alumna Mimi Leder’s Ruth Bader Ginsburg portrait, starring Felicity Jones and Armie Hammer, opened the AFI Fest on Nov. 8 — the same day that news broke that the seemingly indestructible justice had fallen and broken three ribs — and was warmly received, especially for the resilient Ginsburg’s cameo. The Front Runner The idea of opening Jason Reitman’s account of Gary Hart’s failed 1988 presidential campaign in exclusive engagements on the day of the Nov. 6 midterms may have seemed like a good publicity gimmick, but it backfired — few showed up, with the politically attuned preferring to watch election returns. ACTOR Viggo Mortensen Green Book Although he quickly apologized — and his co-star Mahershala Ali accepted the apology — the actor’s use of the N-word at a Nov.…