Here are the editor's top picks for the week
Netflix scoops up comic featherweight as Marvel, DC mature
A recently announced deal to buy comic book publisher Millarworld makes clear Netflix Inc.'s intent to compete in the booming comic content industry. But the market and audiences for prior Millarworld film adaptations imply Netflix will be reaching for a smaller slice of the comic fan market than the broad base driving blockbusters developed under the Marvel and DC Comics brands.
Netflix's future without Disney
Analysts weighed in on the impact of Walt Disney Co.'s decision to end its Netflix partnership. Both companies indicated they would likely continue to work together in some capacity.
Charter's largest shareholder has reservations about Altice deal
Greg Maffei, CEO of Charter Communications Inc.'s biggest shareholder Liberty Broadband Corp. Inc., noted any deal for Charter would have to offer more than just debt. "A lot of this is going to be based on … levering up Charter. If we want to lever up Charter, we have that opportunity," Maffei said in response to a question about Altice USA Inc.'s reported interest in Charter.
Moonves: C7 'the standard' for latest CBS upfront deals
Leveraging deals that primarily turned on the C7 measurement helped CBS (US) ring up significant upfront sales gains during the most recent round of negotiations with advertising buyers. CBS registered CPM increases that reached the high-single digits in prime time, and double-digits in late-night and morning dayparts, for the upcoming 2017-18 TV season.
Disney to debut new OTT services, reports more quarterly declines at ESPN
As it reported another quarter weighed down by ESPN (US), Disney executives announced new sports and entertainment digital streaming platforms expected to launch after the company takes control of BAMTech. Disney plans to take control of video technology firm BAMTech LLC with an additional $1.58 billion investment and use the technology to launch at least two over-the-top streaming video services: an ESPN multisport platform in early 2018 and an entertainment service in 2019. The ESPN service will include optional add-on packages across a range of sports, and it will include an authenticated access portal for current pay TV ESPN subscribers.