ViacomCBS to invest in Miramax after taking 49% stake

ViacomCBS is to invest more than $200m into Miramax after completing a $375m deal to acquire a 49% stake in the film and TV studio from Middle East media giant beIN Media Group. The agreement, first unveiled last year, sees ViacomCBS becoming a minority partner to beIN, which retains a 51% stake in the company. Miramax’s […]

ViacomCBS picks up 49% of Miramax

ViacomCBS has reached a deal with beIN Media to acquire 49% of Miramax. Under the terms of the deal, beIN will retain a 51% stake in Miramax and the studio’s leadership team will remain the same. ViacomCBS will acquire the stake for a total investment of US$375 million, with an initial upfront cash payment of […]

Magine on target for 100m subscribers in five years

On-demand platform provider Magine is set to be available in 100 countries and on target to reach 100 million subscribers in five years, according to Ambuj Goyal, CEO. Magine has highlighted four recent partnerships with major media companies that will see its ‘TV Superhighway’ platform extend its reach to over 35 markets. Magine now has […]

beIN Media buys Miramax

The fast-growing Qatar-based beIN Media Group has bought US studio Miramax. The deal, financial details of which were not disclosed, hands beIN 100% of the LA-based Miramax, which has been on the block since last year. Shareholders cashing out include Qatar Investment Authority and Colony Capital, who led a takeover of the studio six years […]

Discovery hires former Miramax CEO

Discovery Networks International has drafted in Mike Lang, the former CEO of US studio Miramax, in a new role. Lang has been named in the new post of executive VP, international development and digital at the Silver Springs-based broadcast and content group. He will in part succeed David Schafer, who led digital efforts for international […]

African OTT service Aflix goes live

Aflix, a Netflix-style premium OTT service featuring more than 2,000 hours of content, including new releases from major Hollywood studios, has gone live in Africa.  The new service is available now on smartphones and tablets in Sub-Sahara Africa and was launched by connected platform provider Vonetize, in partnership with an unnamed Nigerian technology company and […]

Hungarian VOD firm Fuso signs Miramax deal

Hungarian video-on-demand firm Fuso has signed a deal with film and TV studio Miramax, marking the latter’s first SVoD deal in the territory.  From this autumn, Fuso Premium Movie subscribers will be able to access Miramax titles, including films like There Will be Blood, Sin City, Chocolat and Kill Bill.  Fuso launched in 2010 and […]

Middle East ‘Netflix’ scores Miramax deal

Upcoming Middle Eastern streaming service icflix has scored another deal with a US studio – this time picking up a batch of feature films from Miramax. The agreement includes Academy Award-winning titles such as Chicago andThe English Patient and comes soon after icflix added titles from Turner Broadcasting System, DHX Media and Mondo TV to its launch line up. Financial […]

Eurocinema signs Miramax VoD deal

North American on-demand TV channel Eurocinema has signed a multi-year VOD deal with film studio and distributor Miramax. Under the agreement, Eurocinema will start to air international titles from Miramax’s catalogue from this month, including films like Malena, About Adam and Dirty Pretty Things. These will be priced between US$3.95 (€3) and US$4.99 to view, […]

Amazon’s LoveFilm inks Miramax deal

LoveFilm has inked a deal with movie distributor Miramax giving the Amazon-owned service’s customers in Germany and the UK access to a raft of feature film titles. The SVOD deal includes There Will Be Blood, Sin City and numerous other Miramax titles, which will be available on an on-demand basis.