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Banijay acquires a majority stake in live entertainment player Balich Wonder Studio 15 JUN 2023

Deals

Banijay acquires a majority stake in live entertainment player Balich Wonder Studio

Banijay has signed an agreement to acquire a majority stake in Balich Wonder Studio, aiming to build a stand-out, global media and entertainment powerhouse.
Lux Vide opens major new studio in Formello, Rome 12 JUN 2023

Production

Lux Vide opens major new studio in Formello, Rome

Fremantle’s Lux Vide has expanded its facilities with the launch of a brand new fifth production studio to help create more original content in house, and further accelerate its local and international vision.
Media Ranch reaches six format deals in Europe and the United States 9 JUN 2023

Distribution

Media Ranch reaches six format deals in Europe and the United States

Wonwoo Park’s “Round Table” taking Europe by storm; Media Ranch originals “Blend & Build” signs with Diga Studios and “Hang Sesh” signs with Culture House in the U.S.
49% of adults in the United States watch video via a connected TV device daily 8 JUN 2023

Content

49% of adults in the United States watch video via a connected TV device daily

Overall, 49% of adults in US TV households watch video on a TV via a connected device daily – compared to 39% in 2021, 29% in 2018, and 6% in 2013, according to new data from Leichtman Research Group.
How many people have access to SVOD services in the UK? 30 MAY 2023

Content

How many people have access to SVOD services in the UK?

According to data from Barb, 19.08 million UK homes (67.4% of households) had access to a subscription video-on-demand service in the first quarter of 2023.