NEW YORK: Hearst has acquired a majority interest in Litton Entertainment, which produces and distributes a variety of scripted and unscripted content, including kids' programming.

SEOUL: Additional broadcasters around the globe have signed on to air CJ E&M’s original animated series Rainbow Ruby.

Recaps last year's formats market, which saw plenty of action even though it didn't bring about the next globe-busting entertainment phenomenon.

PALAWAN/SINGAPORE: Viacom International Media Networks (VIMN) has teamed up with Coral World Park Undersea Resorts to develop a new Nickelodeon-themed resort and attraction in the Philippines.

MONACO: SPORTELAmerica 2017, which will be held in Miami from March 14 to 16, is gearing up to bring together key players of the sports marketing and media industries in North, Central and South America.

SÃO PAULO: Following on its prime-time success in Brazil, the telenovela Wounded Past is being taken out to the international market, with Globo launching the title at NATPE.

NEW YORK: NBCUniversal Cable Entertainment's Sprout has made three appointments to its leadership team, including former Discovery Kids exec Dea Connick Perez as VP of program strategy and acquisitions.

LOS ANGELES: Among its host of TCA announcements, Showtime revealed the pickup of the new one-hour drama series The Chi, created, executive produced and written by Lena Waithe (Master of None, Bones) and executive produced by Grammy and Academy Award winner Common (Selma, Smokin’ Aces).

LONDON: Netflix's annual content spend, which in 2016 amounted to $4.7 billion, is now comparable to a premium channel group or platform, Ampere Analysis reports.

NEW YORK: Nick Jr. has bolstered its 2017 lineup with a new animated series and season-two pickups for a trio of shows, including the Teletubbies reboot.