Mansha Daswani

Lionsgate Studios reported a net loss in Q1, amid weaker motion picture revenues, while trailing 12-month library revenues at the indie studio hit a new record, and TV revenues rose by 20 percent.

While its overall revenues were down by 3.2 percent amid a weaker TV ad market and lower revenues at Fremantle, RTL Group highlighted the progress of its digital transformation in the first half as streaming revenues rose by 27 percent.

The merger between Skydance Media and Paramount Global has closed, with the Ellison family and RedBird Capital set to provide long-term strategic investment to "reinvigorate" the company.

Warner Bros. Discovery emerged from a year-ago net loss to post a second-quarter profit of $1.6 billion on slightly higher revenues of $9.8 billion.

SWNS Media Group, a provider of news and factual content, has acquired Sam Barcroft's digital content consultancy Creatorville and appointed him as group CEO.

PBS Distribution executives Sabrina Hall Aguirre and Luke Oliver have launched a networking association for global media and distribution executives in their 20s and 30s, with the first event planned for MIPCOM.

Jason Behan, formerly with Universal Pictures Australia and Beyond, has launched a new outfit to help producers maximize monetization strategies for their properties.

NBCUniversal alum Kevin MacLellan has been tapped as president of international and global content distribution at the new Paramount as part of a raft of exec appointments in the run-up to the Skydance merger closing this week.

Coverage of the Billie Jean King Cup and Davis Cup will remain on Tennis Channel as part of an extended media rights agreement with the International Tennis Federation (ITF).

STUDIOCANAL has partnered with Sarah Brocklehurst’s London-based production company, Brock Media.