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Mediawan takes full control of Leonine Studios 29 APR 2024

Production

Mediawan takes full control of Leonine Studios

This move creates one of Europe’s premier independent studios with presence across 13 Countries, 85 Labels, a catalogue of 30,000 hours of premium content and revenue exceeding €1 Billion.
Igal Svet joined Lionsgate’s Blackfin as Head of Documentaries 26 APR 2024

Corporate Moves

Igal Svet joined Lionsgate’s Blackfin as Head of Documentaries

The executive, who led the documentary branch of Discovery+ for nearly three years, will lead the area of the Lionsgate Alternative Television’s brand.
Roku reaches $882 million in total revenue, surging 19% YoY 26 APR 2024

Markets

Roku reaches $882 million in total revenue, surging 19% YoY

Roku's gross profit rises by 15% year over year, reaching $388 million. Meanwhile, the number of streaming households for Roku totals 81.6 million, with a net increase of 1.6 million from Q4 2023.
 Hasbro improved profitability and EPS growth in Q1 2024 25 APR 2024

Markets

Hasbro improved profitability and EPS growth in Q1 2024

The revenue dropped 24% due to the eOne sale, but excluding that, it decreased 9%, with growth in some segments offset by declines in Consumer Products. Its operating profit of $116.2 million includes eOne-related costs, resulting in a 15.3%. margin. The entertainment revenue fell 85% due to the eOne sale, but excluding that, it grew 65%, driven by "Peppa pig" content.
BBC to invest £6 million into BBC Bitesize 22 APR 2024

Streaming

BBC to invest £6 million into BBC Bitesize

In celebration of its 100th anniversary since its first education broadcast, the British company will improve its educational platform, enhancing content discovery, recommendation systems, and self-curation features.