Kristin Brzoznowski

BEVERLY HILLS: Netflix is planning the first-ever global on-demand competition series, Ultimate Beastmaster, featuring and produced by Sylvester Stallone (Creed, Grudge Match) and producer Dave Broome (The Biggest Loser, Strong).

STOCKHOLM: MTG World has been rebranded as Viasat World, which encompasses 27 pay-TV channels in 47 countries across Scandinavia, Central and Eastern Europe, Russia and the CIS, Turkey, Africa, Israel and the U.S.

NEW YORK: Prentiss Fraser, the senior VP, global head of content sales at FOX, recently met with World Screen Newsflash to discuss the strength of Turkish dramas in the international market and the focus for the sales business in the coming months.

SILVER SPRING: For the quarter ended March 31, Discovery Communications reported higher profits, led by the strength of its U.S. cable networks.

NEW YORK: 21st Century Fox reported total quarterly revenues of $7.23 billion, a 6-percent gain from the prior-year period, with higher affiliate and advertising revenues at both the cable network programming and television segments.

NEW YORK: Time Warner's revenues increased 3 percent to $7.3 billion in the first quarter, thanks to growth at Turner and HBO, partially offset by a decline at Warner Bros.

SANTA MONICA: Lionsgate has teamed up with international entertainment executives Paul Presburger, William Pfeiffer and Clifford Werber to launch Globalgate Entertainment, which will focus on local-language film production around the world.

NEW YORK: Viacom has recorded $303 million in net profit for the fiscal second quarter, despite a 3-percent decline in quarterly revenues.

NEW YORK: NBCUniversal has made it official that it's acquiring DreamWorks Animation.

NEW YORK: At Crackle’s upfront presentation, Sony’s streaming service announced an array of new offerings, including some in the virtual reality space and a drama series based on the feature film Snatch.