Top Stories

NEW YORK: Time Warner has picked up a 10-percent interest in Hulu, the announcement of which coincided with the release of its quarterly financial results.

SILVER SPRING: Second-quarter revenues at Discovery Communications were up 3 percent year-on-year to $1.7 billion, with growth at the U.S. networks helping to offset declines within its international networks.

SYDNEY: Foxtel is replacing its drama network SoHo with a new channel, Binge, designed to meet the consumer demand for box-set entertainment.

LONDON: Caroline Mickler Limited has signed a license agreement with luxury lingerie brand Coco de Mer to launch a collection inspired by the sequel to the erotic hit Fifty Shades of Grey.

ENGLEWOOD: Consolidated revenue at Starz fell by 4 percent in the second quarter to $402.6 million, with operating income down by 5 percent to $105.4 million.

NEW YORK: CBS Corporation’s second-quarter net profit rose by 27 percent to $423 million on revenues that were up by 2 percent to $3.3 billion.

MUMBAI/MUNICH: Zee Entertainment Enterprises (ZEEL) has launched a Bollywood movie network specifically for the German market called Zee.One.

LOS ANGELES: Netflix has given second-season renewals to Chelsea and the scripted comedies Lady Dynamite and Real Rob.

NEW YORK: Peter Iacono, the president of international television and digital distribution at Lionsgate, met with World Screen Newsflash’s Anna Carugati to discuss the complexities of windowing product in today’s multiplatform media environment.

LAUSANNE: The International Olympic Committee will launch the Olympic Channel on August 21, following the Closing Ceremony at the Rio Games.