☀️TIKTOK Euro $$ booms, plus new moves to enter Music Label biz
2 Seasons & out for Heigl NETFLIX series / NATPE is bankrupt / Latest AMAZON TNF ratings
Mornin! This is Sean McNulty and here’s the Hollywood + Media news to know on TUESDAY October 4, 2022.
Where given the impending Yom Kippur holiday starting this evening and… an already rather slight news day today - I may hold off on sending out editions for a day or 2 if the news cycle turns out as expected.
PLUS: ED SHEERAN is going on a US tour this Summer starting in May. Ticket info & details in the link for the inclined.
ALSO: If you’re wondering why Kim Kardashian got ping’d for endorsing crypto, while Matt Damon walks around with an extra $1.26 Million in his backpack this week (#funfact: all in $50 bills. $100 bills are is too showy) - it’s a peculiar caveat in SEC law according to Axios - you can promote a crypto company/exchange all ya like, but if you promote a specific coin as Kim did, you need to disclose not only that you were paid, but how much.
AND: My podcast chat with WBD International Biz head Gerhard Zeiler is here for the listening, outlining the HBOMAX plan for the next 2 years:
Don’t expect much if any HBOMAX global expansion into any new territories… or Ad-Supported Tier expansion to International markets for another year-ish, despite DISNEY & NETFLIX’s growth into that business in the next 2 months.
Also don’t expect a ‘bundling’ approach to the combination of HBOMAX & DISCO+ next Summer - they’re definitely looking to create one big, take-all product.
And much more on the state of commitments to CNN, Sports and the Theatrical business. Project Popcorn? Never heard of it.
IN TODAY’S EDITION:
It was a pretty quiet Monday, this’ll be quick.
📽 THE SILVER SCREEN
JUST 3 THINGS
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📺 THE TV SET
JUST 3 THINGS HERE AS WELL
The show debuted at #1 on the NIELSEN chart last year and ESG broke down its numbers in the first couple weeks which weren’t “Bridgerton” numbers - but was still a relatively solid showing, however… hey #StreamingBiz2022 amirite?
TheCW’s heads of Marketing (Rick Haskins) and Finance (Mitch Nedick) both also let go by NEXSTAR, last day will be Friday. /THR
VILLAGE ROADSHOW sets up Sports content group to be led by former BINGEABLE exec Brian Gilbert. /Deadline
AND THE LATEST AMAZON NFL RATINGS
Thursday’s DOLPHINS / BENGALS matchup ticked up a bit in streams to 11.2 Million, plus another 530k in local TV viewing combined in both markets - about 50% below the rough Local TV viewing average for the first 3 games. While NIELSEN has the game at 11.7 Million total, AMAZON reported 13.4 Million with their “additional” data that is not delineated (or counted in the world of advertising). /SportsMediaWatch
📝 IN OTHER WORDS…
“When we figured out how to do it, by golly, it was just a delight — maybe that’s the wrong word to use for murder mysteries,
But doing these stories via podcast has been more pleasurable than most things I’ve done in my ridiculously long career.”
- KEITH MORRISON giving a quote that couldn’t be more Keith Morrison in a NY Times profile on the insane success “Dateline” has in the podcast medium.
💻 THE MEDIA BIZ
TIKTOK is hiring for 4 A&R music execs in next sign they’re going to launch their own music label. /MBW
TIKTOK’s European Revenue grew 477% in 20221 to $990 Million… but its operating loss also grew in the region to $895 Million, as growth is costing resource investment and more people. /The Information
NAPTE is bankrupt. Cancellation of their events and festivals in the pandemic became too much for their financial situation to overcome. Conventions will continue next year, while the company “reorganizes” their debt and looks for investment to forge a path forward. /THR
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🏦 STOCK NOTES
ROKU +5 ($59.56)
CHARTER +5% ($320.27)
DISH +7% ($14.79)
👩💻 NEW TO WATCH:
NETFLIX “Hasan Minhaj: The King’s Jester” special - STREAM HERE
HULU “Solar Opposites” Halloween special - STREAM HERE
🎥 TRAILER HOUSE
DISNEY MARVEL“Black Panther: Wakanda Forever” trailer - IN THEATERS NOV 11
APPLE TV+ “Emancipation” movie trailer - OK well here we go. IN LIMITED THEATERS FRI DEC 2 (and APPLE TV+ a week later)
A24 “Aftersun” trailer - Missed this one last week, father-daughter road trip film that made a big impression at CANNES this Summer. IN THEATERS OCT 21
NETFLIX “Big Mouth” Season 6 trailer - PREMIERES FRI OCT 28
🎧 PLAYING ME OFF
New PARAMORE “This is Why”
If you need some new tunes:
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