Digital TV News: MGM

ViacomCBS renames, and unveils international expansion plan for Paramount+
Feb 15, 2022 – ViacomCBS has announced that it will become Paramount Global effective February 16. The company will continue the global expansion of Paramount+ in 2022, with Paramount+ making its debut in France as a bundle through the CANAL+ Group.
News categories: Paramount, Shari Redstone, Bob Bakish, Tanya Giles, Digital TV, France, Streaming, Worldwide

47% of US broadband households subscribe to Prime Video
Jun 2, 2021 – Parks Associates research shows that 47% of US broadband households currently subscribe to Amazon Prime Video. The content rights deal between Amazon and the NFL will help increase the service’s uptake.
News categories: Parks Associates, Steve Nason, Digital TV, Market Research, Streaming, USA

Amazon to acquire MGM
May 26, 2021 – Amazon (NASDAQ: AMZN) has agreed to acquire MGM for $8.45 billion. Amazon will help preserve MGM’s heritage and catalog of films, and provide customers with greater access to these existing works.
News categories: Amazon, MGM, Mike Hopkins, Kevin Ulrich, Digital TV, MandA, Streaming

Plex raises $50 million from investor Intercap
Apr 14, 2021 – Plex has completed a growth equity round of $50 million with Intercap. The financing includes $15 million in new capital for Plex, with the remainder used to purchase shares and options from employees and shareholders.
News categories: Plex, Intercap, Keith Valory, Jason Chapnik, James Merkur, Content Distribution, Digital TV, Streaming, Venture Capital, Worldwide

Amagi CLOUDPORTXpress enables linear OTT channel creation
Mar 4, 2021 – Amagi has launched Amagi CLOUDPORTXpress for content owners who are looking to create 24x7 linear channels and distribute them to streaming TV and Free Ad Supported TV (FAST) platforms.
News categories: Amagi, Srinivasan KA, Content Distribution, Digital TV, Streaming, Worldwide

Entain and Verizon Media to develop VR experience for live sports
Dec 17, 2020 – Verizon Media and Entain plc (LSE: ENT) have announced that they will develop a highly immersive proof of concept VR experience that will combine live sports viewing with interactive layers of sports data and gaming.
News categories: Verizon Media, Entain, Guru Gowrappan, Shay Segev, Digital TV, Market Research, Metaverse, UK, USA, UX

Amagi helps BUZZR unify broadcast and streaming operations
Nov 18, 2020 – Amagi has announced that it has enabled BUZZR to transition to cloud-managed broadcast operations. BUZZR has integrated its broadcast workflows, across over-the-air, cable and OTT, onto a single unified platform.
News categories: Amagi, BUZZR, Srinivasan KA, Mark Deetjen, Content Distribution, Digital TV, USA

Amagi delivers 30+ live and linear channels on The Roku Channel
Jul 29, 2020 – Amagi has announced that it now delivers 30+ live and linear channels to The Roku Channel, with Amagi delivering brands such as beIN, Buzzr, Cinedigm, Condé Nast, MGM, PeopleTV, Tastemade, TYT Network, and Yahoo Finance, among others.
News categories: Amagi, Roku, Srinivasan KA, Ashley Hovey, Content Distribution, Digital TV, Streaming, Worldwide

Brat TV chooses Amagi to expand streaming TV footprint
Jun 29, 2020 – Amagi has announced that it has enabled LA-based digital media network Brat TV to distribute its content to leading streaming TV platforms – including The Roku Channel, Samsung TV Plus, and VIZIO.
News categories: Amagi, Brat TV, Srinivasan KA, Rob Fishman, Content Distribution, Digital TV, Streaming, Worldwide