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Wednesday, August 30, 2017
Report: Streaming Services Driving Up Cost of Talent

As Netflix, Hulu, Amazon and other well-funded streaming services enter the original content space, competition for top production talent between new and traditional video providers escalates and drives content costs up, according to analysis from Kagan, a group within S&P Global Market Intelligence.

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Best Buy Reports 15% Surge in Q2 Entertainment Sales

Best Buy Aug. 29 reported a 15.4% increase in second-quarter (ended July 30) same-store domestic entertainment revenue. The consumer electronics retailer posted an 18% decline during the previous-year period.

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CBS Buys Australian Broadcaster Network Ten

CBS Corp. is acquiring Network Ten, one of three major broadcast networks in Australia. Financial terms were not disclosed.

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Dutch Police Confiscate 250 Pirated Streaming Media Players

Authorities in The Hague, Holland, have confiscated 250 streaming media devices from a retail store that allegedly included illegal links to copyrighted movies and TV shows, according to The BREIN Foundation, a Dutch anti-piracy group.

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Retail Exclusives Focus on 'Baywatch,' 'Lion King'

Merchandising: New releases 'Baywatch' and 'The Lion King: Signature Collection' were the focus of most of the retailer exclusives Aug. 29.

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