Kristin Brzoznowski

The Walt Disney Company has posted a 78 percent increase in profit for the first quarter, thanks in part to a federal tax cut.

Fox Networks Group (FNG) has promoted Jeff Hughes to president of its digital consumer group (DCG).

Sony Pictures Entertainment is implementing changes across its home entertainment and television businesses, with Andy Kaplan stepping down as president of worldwide networks.

At the inaugural India–UK Createch Summit, Pact signed a Memorandum of Understanding (MoU) with the Producers Guild of India.

Kenichiro Yoshida has been named president and CEO of Sony Corporation, which posted a surge in profit in its latest quarterly report, while Kazuo Hirai transitions to the role of chairman.

Patrick Delany, who has led Fox Sports Australia since 2011, has been appointed as the new CEO of Foxtel, replacing Peter Tonagh.

The "big three" SVOD players—Netflix, Hulu and Amazon Prime Video—are expected to shift an increasing percentage of their content budgets from licensed programming to originals, according to a new report published by The Diffusion Group (TDG).

Entertainment One (eOne) has agreed to acquire the remaining 49 percent of The Mark Gordon Company for $209 million, with Mark Gordon himself taking on a new role and John Morayniss stepping down.

China's Tencent has made a strategic investment in Skydance Media, which is behind the Netflix hit Grace and Frankie and the upcoming Altered Carbon.

NBCUniversal has reported higher profit in the fourth quarter, thanks in part to a healthy performance at its cable networks.