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In 2022, the Duffers launched their production company, Upside Down Pictures, for film and television projects as part of a new overall deal with Netflix.

Fox Corporation's new streaming service, which will integrate all of its popular television brands on a single platform, will be integrated with ESPN's upcoming direct-to-consumer service, making the two services available bundled together for $39.99 per month.

The UK's BFI Research and Statistics Unit released the latest figures for film and high-end television, showing a that UK production spent £5.3 billion and a total production budget of £6.9 billion.

CBS reaffirmed its leadership in U.S. broadcast television, securing the title of most-watched primetime network for the 17th consecutive season—the longest winning streak on record. On the financial side, Paramount’s total revenue rose 1% year-over-year to $6.85 billion, compared to $6.81 billion in Q2 of the prior year.

Through this subsidiary, the company plans to pursue wide-ranging business collaborations across music, television, film, live entertainment, and both scripted and unscripted content. This includes the development of audition programs and artist discovery initiatives in partnership with local studios.