Tech

Owners of older models of Apple’s iPhones would receive $25-$500 per device under an agreement the tech giant entered into to settle a class-action lawsuit alleging the company defrauded customers after slowing down the performance of the devices without telling them. Apple will pay a minimum of $310 million and a maximum of $500 million
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Public.com, an early-stage company whose founders say they want to democratize stock investing, has brought some notable Hollywood, media and sports figures on board as part owners. The New York-based startup, founded in 2017, announced a $15 million Series B round of funding. The round was co-led by venture-capital firms Accel and Greycroft, with participation
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Netflix chief content officer Ted Sarandos and a team of high-level executives have spent the week crisscrossing the African continent, wooing local creators and touting plans to thrust the continent center-stage as the streaming giant’s first African original series, “Queen Sono,” drops worldwide on Friday. Sarandos took the mic at a splashy event in Lagos
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Netflix is adding a robust line-up of popular programs to its slate in March. In addition to rom-coms like Matthew Mcconaughey’s “Ghosts of Girlfriend’s Past,” “He’s Just Not That Into You” and “Always a Bridesmaid,” the streamer is also adding a few classics like “Goodfellas” and “The Shawshank Redemption” starring Morgan Freeman and Tim Robbins.
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Amid fears over a global economic slowdown from the widening coronavirus outbreak, companies like Netflix that provide in-home services are best positioned to withstand the storm or even see upside from the crisis, according to industry analysts. Netflix “is an obvious beneficiary if consumers stay home due to coronavirus (COVID-19 virus) concerns, and this has
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Lisa Holme, a Hulu veteran who had been leading its international expansion strategy, has joined Discovery in a newly created role to oversee content and commercial strategy for the company’s direct-to-consumer streaming group. Discovery named Holme to the newly created role of group senior VP, content and commercial strategy, in Discovery’s direct-to-consumer group. She is
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FandangoNow, the on-demand transactional movie and TV service from NBCUniversal-owned Fandango, is now available on Amazon Fire TV devices and Fire TV Edition Smart TVs. The expansion to Amazon’s TV hardware platform comes as Fandango vies to get a bigger slice of the digital-entertainment pie — competing with Amazon Video, as well as Apple, Google
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Minute Media is poised to hunt for more acquisition targets in sports and entertainment digital media after raising a fresh round of $40 million in venture-capital funding. The New York-based company in January acquired sports property FanSided (which had been part of Time Inc.’s Sports Illustrated group) from Meredith Corp. for a reported $15 million.
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Global streaming giant, Netflix is partnering with six different Japanese creators in order to expand its slate of originals anime content. Among the deals are ones with Clamp, the female manga collective that was responsible for the “Cardcaptor Sakura” franchise. Another is with Mari Yamazaki, whose “Thermae Romae” manga was turned into two hit live-action
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Netflix has realized that its newly launched daily top 10 lists of popular TV shows and movies may be perplexing subscribers about its similar-sounding “Popular on Netflix” and “Trending Now” recommendation features. Now the streamer is considering changing the names of those to clear up confusion with the top 10 rankings, Variety has learned. On
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Digital-media company Whistle recruited Alex Dundas, most recently with ITV Entertainment, as executive VP and head of unscripted premium originals. Based in Whistle’s L.A. office, Dundas will oversee development and packaging of new unscripted shows from Whistle and also will support sales to TV network and streaming partners. He reports to Dominic Ianno, EVP of
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Screen Australia, the country’s federal support body, says the screen entertainment industry needs to come up with new business models in response to changes in audience behavior and the disruptive impact on content financing that has come from streaming. Public support bodies must change their relationships with the industry too, Screen Australia CEO Graeme Mason
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A feature documentary on Norwegian “Take On Me” singers A-ha will receive a worldwide release this November. “A-ha: The Movie,” distributed internationally by Esther van Messel’s First Hand Films, will be broadcast in theaters around the world on Nov. 26, with Germany’s Salzgeber releasing the film locally and First Hand Films handling the release in
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Critical Role, together with Amazon Studios and animation studio Titmouse, announced the writing team for Kickstarter-funded animated fantasy series “The Legend of Vox Machina.” The show, based on storylines in Critical Role’s long-running role-playing game series, follows a band of seven antiheroes on their first campaign — a quest to save the realm from forces
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Comcast’s NBCUniversal is looking to add some Vudu into its streaming-video mix. The media conglomerate is in talks to buy Vudu, the Walmart-owned entertainment rental, download and free-streaming service, sources confirm to Variety. It’s unclear what the terms of the pact would be or the timing. News of NBCU’s interest in Vudu was first reported
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