Shares of Scripps Networks Interactive surged on Tuesday and Wednesday after news spread that Discovery Communications has its eye on Scripps. Together, a combined Discovery/Scripps would have a market capitalization of about $43 billion, according to media reports.
Disney and Netflix are betting that some lesser-known Marvel comic-book characters will play well together online. The companies said Thursday that Disney's Marvel TV and ABC TV Studios units will produce four original live-action series for Netflix culminating in a "miniseries programming event."
Hulu is losing an executive as the list of potential candidates for its top job grows. The company's sales chief, Jean-Paul Colaco, is leaving the company later this month to take on a role at a startup.
More British TV shows are coming to Hulu Plus. The online video site struck a deal with BBC Worldwide North America involving non-exclusive rights to some 144 titles, the Wall Street Journal reported.
Fusion, the joint venture between Univision and Disney's ABC, is gearing to make its debut Oct. 28. The company recently opened its new 150,000-square-foot headquarters in Doral, Fla., and is hiring hundreds of staffers.
Apple's streaming video device, the Apple TV, added apps from Disney, The Weather Channel, the Smithsonian and Vevo this week.
Arguably the biggest and baddest of all pay TV content providers, Walt Disney Co.'s ESPN sports network could become a part of an over-the-top Internet TV service from an outsider-looking-in like Google, Sony or Intel.
Walt Disney Co. plans 175 jobs at Disney/ABC Television group, Variety reported Thursday.
Multiplatform advertising remains a relatively small business for ESPN, but executives at parent Walt Disney Co. (NYSE: DIS) said Tuesday that they expect revenue from mobile video application WatchESPN to increase.
With quarterly earnings in full swing, the investment and media communities took the chance to ask 21st Century Fox President Chase Carey to explain why his company and the other owners of Hulu decided to keep it. Carey said the auction process brought Fox and its partners together around a strategy for Hulu.