North American TV - Industry News and Discussion
#1

Wheel of Fortune and Jeopardy! have been renewed until 2028, as Sony Pictures Television, CBS Media Ventures and ABC Owned Television Stations (Disney, which serves as the principal distribution partner for both shows) have agreed to a new deal, the largest in syndication TV history.

deadline.com 
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#2

Premium channel Showtime is to be rebranded as "Paramount+ with Showtime", which will also be the name of the premium ad-free tier of Paramount+ later in the year too.

tvline.com 
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#3

(30-01-2023, 11:03 PM)Brekkie Wrote:  Premium channel Showtime is to be rebranded as "Paramount+ with Showtime", which will also be the name of the premium ad-free tier of Paramount+ later in the year too.
Wonder what will happen to Sky Showtime, the European service. Sky Paramount+ with Showtime, anyone?

Jokes aside, I think the rebrand's pretty pointless - Showtime is an established brand in TV space, but Paramount+ isn't. The latter could probably be a better name for their streaming service (at least not another +), but that'll risk taking the Mountain away.

And, did the marketing people forget + is supposed to be joining two things together? You don't have to add the 'with' afterwards. Paramount+ | Showtime is more than enough.

Watch this space...
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#4

Weigel Broadcasting's Decades TV will relaunch as Catchy Comedy, shifting their focus to old comedies:
variety.com 

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#5

Paramount is off-loading a majority stake in the BET networks. Tyler Perry, who already has an exclusive production deal with the cable network, and Allen Media are among those interested.

deadline.com 
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#6

Scripps' TrueReal channel will merge with Defy TV, air space changing hands to Jewelry TV:
www.nexttv.com 

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#7

Sinclair Broadcast Group, recently stinging from Diamond Sports fiasco and reduction of local news, is to be reorganized into Sinclair Inc. SBG will become a subsidiary, managing the stations and the troubled regional sports group, alongside a new Sinclair Ventures for all their non-broadcast assets (exc. The Tennis Channel and ad tech):
www.nexttv.com 

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#8

Earthquake at NBCUniversal: CEO Jeff Shell has been sacked after being accused of inappropriate conduct (including sexual harassment) against CNBC International correspondent Hadley Gamble. Comcast senior management, led by President Mike Cavanagh, has temporarily taken over leadership of NBCU.

variety.com 

variety.com 

variety.com 
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#9

Staying with NBC, their local news streaming network LX is reportedly shutting down by mid-2023:
Quote:The exact timing of when LX will sign off is unclear, but it is likely to happen in mid-2023, insiders said.

NBCUniversal Local, the division overseeing several dozen local stations, regional sports networks and other assets, developed LX initially as a digital news network and then expanded it to broadcast and streaming. Just as it was widening its scope in 2020, Covid upended the world and the media business along with it.
From deadline.com 


Meanwhile, online media outlet Vice is heading for bankruptcy:
Quote:In February, Fortress Investment Group, the company’s debt holder, extended a $30m funding line to enable Vice to pay overdue bills to vendors. The same month, Nancy Dubuc, who took over as chief executive from controversial co-founder Shane Smith in 2018, announced her surprise departure.

If a sale cannot be agreed – suitors are said to be seeking a sub-$1bn deal – a bankruptcy process would result in Vice continuing to operate normally while an auction process is run.
From theguardian.com 

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#10

More cuts at Paramount: 25% reduction at the newly-combined Showtime/MTV Studio team; MTV News to be ended:
deadline.com 

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