LOS ANGELES: Critical Content is the new independent studio launched by Tom Forman from the television assets of Relativity Media.

MUNICH: Red Arrow Entertainment Group has purchased a majority stake in the U.S.-based production company Orion Entertainment, which specializes in non-scripted programming and branded entertainment.

SANTA MONICA/VANCOUVER: Lionsgate has signed an overall television deal with producing team David Shumsky and Mark Harris, who will create new original programming and formats for the alternative group through their Ohana Pictures banner.

IRVING/RICHMOND: Nexstar Broadcasting Group has entered into a definitive merger agreement to acquire all outstanding shares of Media General for $4.6 billion.

LOS ANGELES: Hashtaggers, a new series about a group of people who work together at a social media agency geared to celebrity clientele, marks E!'s first scripted digital comedy.

BEVERLY HILLS: Relativity Media has raised in excess of $100 million in new financing in anticipation of its emergence from chapter 11 in February.

NEW YORK: Nielsen's latest Local Watch Report shows that live TV remains the primary medium to consume video in the U.S.

NEW YORK: Univision Communications's digital arm, Univision Digital, has become a minority investor in the comedy and news satire brand The Onion.

BEVERLY HILLS: Oscar De La Hoya has partnered with the streaming TV service FilmOn TV Networks to bring two free boxing channels to the web.