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Media & Comm, most read: MoviePass' box-office strategy; Disney's Hulu plans


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Media & Comm, most read: MoviePass' box-office strategy; Disney's Hulu plans

Here are the most read stories of the week.

Q&A: MoviePass CEO: Film subscriptions to 'reinvigorate' box office

MoviePass Inc. CEO Mitch Lowe told S&P Global Market Intelligence in an interview that the theater-based subscription company's mission is to help — not hinder — the box office. However, it will require shaking up some established industry practices.

Analysis: Disney's streaming ambitions to ramp up with Hulu control

Walt Disney Co. is close to winning a majority stake in Hulu LLC, the third-largest over-the-top subscription video-on-demand services in the U.S., which is likely to result in a more streamlined strategy for Hulu, entertainment experts said. Disney, the last suitor left standing in a bidding war for much of 21st Century Fox Inc., will boost its stake in Hulu to 60% from 30% through the Fox deal.

AT&T plans 'top-end' streaming product to give 'the full DIRECTV experience'

While AT&T Inc.'s streaming services have thus far focused on the lower end of the video market, the company is planning to test a new service to target the higher end. Speaking during a July 24 earnings conference call, AT&T Communications CEO John Donovan, who oversees the bulk of AT&T's global telecommunications and U.S. video services businesses, said the company will begin testing a premium streaming product later this year that will give "the full DIRECTV experience" over broadband.

Data Dispatch: Lantern adds Weinstein assets to portfolio, eyes long-term film play

After a devastating sexual harassment scandal and bankruptcy, the assets of troubled production company Weinstein Co. LLC found a buyer in a Dallas private equity firm, Lantern Asset Management L.P. The firm plans to rebrand Weinstein and begin releasing cross-platform content, a source close to the company told S&P Global Market Intelligence.

Analysts urge long-term view of Facebook amid stock rout

Facebook Inc.'s second-quarter earnings results triggered a stock sell-off July 26 that wiped out billions in the company's market value, but several analysts called the response an overreaction given the company's long-term potential.