According to Nielsen, millennials spend about 27 percent less time watching traditional TV than viewers over the age of 35.

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BURBANK: Disney Media Distribution President Ben Pyne is planning to exit his role, after 25 years with the company.

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LOS ANGELES: YouTube is venturing into streaming live TV with the newly unveiled YouTube TV, which will be available for $35 per month.

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PHILADELPHIA/SAN BRUNO: Comcast and Google have struck a deal that will see the YouTube app being launched on the Xfinity X1 platform.

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LOS ANGELES/NEW YORK: PactUS has formed new alliances with the multiplatform video network-focused Global Online Video Association (GOVA) and the digital content transactional law firm Ginsburg Daniels Kallis.

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NEW YORK: Soumya Sriraman has been appointed as president for North America of the soon-to-launch SVOD service BritBox, a joint venture between BBC Worldwide and ITV.

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NEW YORK: Former AMC Networks exec Jen Robertson has been tapped as general manager for Walter Presents in the U.S.

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BEVERLY HILLS: Truli Media, led by Michael Jay Solomon, and Cinemills have collaborated to launch Truli Cinemills, which will produce and distribute family-friendly films, documentaries and series.

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NEW YORK: Time Warner shareholders have voted to approve the merger agreement with AT&T, which is on track to close before the end of the year.

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NEW YORK: David George, who has served as CEO of Leftfield Entertainment since December 2015, has been elevated to president of ITV America.

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