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Disney to sell its minority stake in India's Tata Play 24 MAY 2024

Deals

Disney to sell its minority stake in India's Tata Play

The transaction values the satellite TV provider, Tata Play, at about $1 billion, Bloomberg News reported, citing unidentified people familiar with the matter. Tata Sons, the holding company of Tata Group, had already bought a 10 percent stake held by state-owned Singaporean investment vehicle Temasek Holdings for around $100 million, local media reported.
Nelvana appointed MGA Entertainment as its merchandising agency in Canada 22 MAY 2024

Deals

Nelvana appointed MGA Entertainment as its merchandising agency in Canada

New partnership sees Nelvana representing MGA’s mega franchises L.O.L. Surprise!™, Bratz®, Rainbow High™, Little Tikes®, and MGA’s Miniverse™.
Global Agency's “Red Roses” to be renewed for a second season 17 MAY 2024

Production

Global Agency's “Red Roses” to be renewed for a second season

Since the day it was first broadcast, it has been by far the highest rated series on Mondays. The drama achieved a 10.44 rating and a 30.73 share in commercial demo and topped the rankings. In ABC1 20+ it had a 10.96 rating and a 27.95 share, with a 7.71 rating in the total group, and a 21.27 share.
ITV Studios expanded roles for its senior global partnership team 15 MAY 2024

Corporate Moves

ITV Studios expanded roles for its senior global partnership team

Tom Clark became EVP Global Sales & Commercial Strategy, while Jemma Harvey expanded her role To SVP Scripted & Co-Productions.
UK's Channel 4’s streaming audience jumps more than a fifth in April 13 MAY 2024

Trends

UK's Channel 4’s streaming audience jumps more than a fifth in April

The rise was boosted by returning favorites and a slate of innovative new shows. Channel 4 streaming reached more young viewers (16-34) than any other commercially funded broadcaster.