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SPI International and Red Cape Distribution partnered to bring horror/thriller movie “Countdown” to Israel. The theatrical release on May 27 marked SPI’s first theatrical release in the region and the expansion of the company’s distribution arm.

Universal has licensed “The Boss Baby: Family Business’s streaming rights to Peacock, making NBCUniversal the latest US media conglomerate to launch blockbuster film day-to-day theatrical releases.

The story written and directed by Guy Davies follows Kai, an aspiring writer, and his friends during the last week of their senior year in high school.

One of Parks Associate's scheduled "Future of Video" programs highlighted various projection elated to the digital market, which include a hybrid business model of immediate theatrical and streaming releases, consumer-based service components, and a continued transition from linear TV.

A third of the accounts are reported as active. Though the number has significantly risen from the company's report of 33 million subscribers in January, Studios revenue declined 0.6 percent to $2.4 billion in the first quarter and theatrical revenue dropped by 87.7%, while Content licensing revenue increased by 14.1%, primarily due to a new licensing agreement for content.