China has overtaken the U.K. in the television programming industry, becoming the second-largest market in the world after the U.S., according to IHS Markit.

Kenya Barris (Black-ish, Grown-ish, Girls Trip) has entered into a multiyear overall deal to produce new series exclusively at Netflix.

Strategy Analytics is forecasting that global consumer and advertising spend on TV and video will increase from $490 billion in 2017 to $559 billion in 2022, driven by OTT.

Netflix and Millarworld are collaborating on Prodigy, which will be the second comic-book franchise since Mark Millar linked up with the company.

AT&T has acquired The Chernin Group’s controlling interest in Otter Media, a joint venture between the two companies.

WndrCo, a holding company co-founded by Jeffrey Katzenberg, has secured $1 billion in an initial funding round for the mobile-first media platform NewTV from investors such as 21st Century Fox, Disney, Entertainment One, Lionsgate, NBCUniversal and Viacom.

Discovery, Inc. has appointed Peter Faricy, who joins the company from Amazon, to the newly created role of CEO of global direct-to-consumer.

FremantleMedia International is remastering the long-running action drama Baywatch, which will now be available in high definition, upscaled to 16:9 cinematic widescreen.

Entertainment One (eOne) has appointed Paola Tonella, who spent 15 years in various roles at BBC Studios (then BBC Worldwide), as director of international sales.

As Sony Pictures Television (SPT) moves to a new territory-management model, the company has revealed a number of the newly appointed country leaders, with more to come in the weeks ahead.