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BEVERLY HILLS: Netflix has picked up a Lionsgate-produced comedy series based on the 2014 indie film Dear White People.

Millennials stream more than half of their TV content and are more likely to choose Netflix over live viewing, according to a new report from Horowitz Research. The study, titled State of Cable & Digital Media 2016, found that 18- to 34-year-old TV viewers report spending 54 percent of their viewing time streaming and just 25 percent watching content live.

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.

The president and CEO of eOne talks about plans to grow the company’s presence in the U.S. and double its total business by 2020.

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.

MUMBAI/NEW YORK: Zee TV has appointed Sarah Coursey as its new regional head of syndication for the Americas.

NEW YORK: The nominees for this year's LIMA (International Licensing Industry Merchandisers’ Association) Licensing Awards have been unveiled, with a number of nominations going to various children's brands.

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.