Tech

AT&T is changing up its DirecTV over-the-top video strategy — looking to maximize profitability over a land-grab for cord-cutters. This week, AT&T is notifying DirecTV Now subscribers that their monthly pricing will increase by $10 per month starting with the next billing cycle in April. AT&T last raised prices across all DirecTV Now plans less
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Jeffrey Katzenberg and Meg Whitman continue to round out Quibi’s executive ranks: Their latest hire is Becky Brooks, who is exiting CBS Television Distribution after five years, Variety has learned. Brooks most recently was CBS Television Distribution’s senior VP, multiplatform programming and branded content. She’s joining Quibi as a content executive, working alongside Ryan Kadro,
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Jeffrey Katzenberg and Meg Whitman continue to round out Quibi’s executive ranks: Their latest hire is Becky Brooks, who is exiting CBS Television Distribution after five years, Variety has learned. Brooks most recently was CBS television Distribution’s senior VP, multiplatform programming and branded content. She’s joining Quibi as a content executive, working alongside Ryan Kadro,
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The Critters have voted with their dollars — and they’re not done yet. In under five days, Critical Role’s Kickstarter campaign to produce an animated special has raised $6.54 million as of Friday at 1:30 p.m. PT from around 48,000 fans (aka Critters) of the Dungeons & Dragons weekly role-playing show. It busted the crowdfunding
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March 8, 2019 9:07AM PT Jonathan Prince, the Spotify executive who helped lead the company’s ill-fated policy against “hateful conduct” last year, has left the company to join the work-flow platform Slack, according to his LinkedIn profile. A rep for Spotify did not immediately respond to Variety’s request for comment; the news was first reported
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BuzzFeed CEO Jonah Peretti claims he’s bullish on the digital company’s future healthy growth — touting a strategy of revenue diversification and working to “fix” the monetization problems BuzzFeed and others have with big internet platforms like Facebook and Google. Peretti, in a strategy memo issued to staff Friday, said that media industry is in
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Panda TV, the Chinese live-streaming platform backed by young tycoon Wang Sicong, the son of Dalian Wanda chairman Wang Jianlin, is to close down. It ran out of cash and will lay off its entire workforce. There have been rumors for weeks of dire financial problems at the company and layoffs of about 500 staff.
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March 7, 2019 7:57PM PT Global streaming giant Netflix has come on board SK Global Entertainment’s project to bring to screen the dramatic Thai cave rescue of 2018. It is now envisaged as a Netflix Original series, rather than a movie. The news was announced Thursday by Lieutenant General Werachon Sukondhapatipak, a representative of Thailand’s
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March 7, 2019 10:57AM PT Video game publisher and distributor Valve Corporation has laid off some of the staffers working on its VR initiatives, the company confirmed Thursday. However, a spokesperson said that this doesn’t mean Valve is exiting VR, sending “Variety” the following statement: “Last month, 13 full-time employees were let go and a
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Cloud-based collaboration has transformed the world of digital content, and the technology now extends into animation. One company at the forefront of this change, Nimble Studio, aims to provide high-level tools while eliminating high-cost infrastructure, allowing collaboration all over the world among artists who can work from their homes or even at the neighborhood Starbucks. 
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A former executive at the Asian-themed OTT service DramaFever filed suit on Wednesday, accusing Warner Bros. of laying off Asian-American executives due to bias. Chung Chang was vice president of finance at DramaFever, which Warner Bros. acquired from SoftBank in 2016. In October, the company announced that it would shut down the service and lay
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Tribeca Immersive, the virtual and augmented reality storytelling section of the Tribeca Film Festival, will feature the premiere of “Bonfire,” the latest animated VR film from Baobab Studios that is starring comedian Ali Wong. The Tribeca Immersive program will also include more than 30 other VR and AR experiences, including the world premiere of the
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New York-based Hearst Magazines has established an L.A. outpost for video production — where Clevver, its recently acquired network of entertainment news YouTube channels, will be gearing up for a relaunch within the next few weeks. The publishing group opened a new, 20,000-square-foot multimedia production studio in Santa Monica, Calif., which will serve as a
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Netflix has acquired rights to adapt Gabriel García Márquez’s masterwork “One Hundred Years of Solitude” as a new series. The project marks the first screen adaptation of the landmark novel. Netflix will produce a Spanish-language original series based on the novel, first published in 1967. It has since sold an estimated 50 million copies worldwide
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