* Shonda Rhimes is headed to Netflix Inc. having signed a multiyear deal to produce new series and other projects, Netflix said. The producer behind breakout hits on Walt Disney Co.'s ABC (US) like "Grey's Anatomy," "Scandal" and "How to get Away with Murder" will bring her Shondaland production outfit to Netflix, along with longtime producing partner Betsy Beers. Her existing ABC shows will continue to air on the broadcast network.
* Hackers who recently stole information from Time Warner Inc.'s HBO (US) leaked more data, but the latest dump does not include any material related to the hit fantasy-drama series "Game of Thrones," The Associated Press reports. The latest leak includes unaired episodes of comedy "Curb Your Enthusiasm," which comes back Oct. 1; the Aug. 13 episode of comedy-drama series "Insecure;" and episodes of "Ballers."
* Media conglomerates reported mixed results with advertising revenues in the most recently completed quarter. For the most part, they are not expecting positive advertising results in the months ahead.
Internet & OTT
* Verizon Communications Inc. is continuing to "evaluate" a streaming service that would fit into the company's larger content strategy, Multichannel News reports, citing a spokesman. The Verizon representative added that beyond delays in closing the Yahoo transaction, there have been no recent developments that would have had any "material impact on the timing of such a product if we decided to launch it." The statement came after a report suggested that Verizon's plans to launch a new online TV service was facing delays.
* Facebook Inc. bought German software startup Fayteq for an undisclosed sum, Business Insider reports, citing a German news website. The startup reportedly developed a software plug-in that can add, manipulate or remove objects from videos.
* Netflix placed an order for a new limited comedy series, "Best Worst Weekend Ever." The eight-episode series will follow four friends as they make the most of their last weekend before high school, the company said.
* Warner Bros.' "Annabelle: Creation" topped the domestic box office for the Aug. 13 weekend with $35 million, followed by Warner Bros.' "Dunkirk" at No. 2 with $11.4 million and Open Road's "Nut Job 2: Nutty By Nature" at No. 3 with $8.9 million, according to comScore Inc. data. Sony Corp.'s "The Dark Tower" was No. 4 with $7.9 million and Sony's "The Emoji Movie" came in at No. 5 with $6.6 million.
The day ahead
Early morning futures indicators pointed to a higher opening for the U.S. market.
In Asia, the Hang Seng was up 1.36% to 27250.23. The Nikkei 225 was down 0.98% to 19,537.10. In Europe as of midday, the FTSE 100 was up 0.62% to 7,354.97, and the Euronext 100 was up 0.80% to 994.03.
On the macro front
There are no notable reports due out today.
The Pay Check: The fiscal 2017 pay packages of Scholastic Corp. and Cinedigm Corp executives are among those included in the installment of The Pay Check.
MarketWeek: OTT grabs attention as earnings roil media stocks: Media and communications stocks saw big moves during the week ended Aug. 11 amid earnings, guidance and OTT news.
The Short Report: Pandora Media sees sharpest short interest decrease in late July: Pandora Media Inc. posted the biggest decline in short interest relative to shares outstanding among Kagan-covered new media companies between July 14 and July 31.
The Short Report: Frontier Communications tops list of short interest decliners: Frontier Communications Corp. had the greatest drop in short interest relative to shares outstanding among Kagan-covered communications companies between July 14 and July 31.
The Short Report: Discovery leads media short interest gainers in late July: Discovery Communications Inc. saw the largest rise in short interest relative to shares outstanding among Kagan-covered media and entertainment companies between July 14 and July 31.
Data Dispatch: A horror to kill a horrible summer at the box office: "Annabelle: Creation" will likely deliver profits for Warner Bros., but it won't deliver growth at the box office as summer 2017 goes down as one of the worst seasons in recent memory.
Samsung, Arqiva start UK 5G trials; Alibaba to turn Macau into smart city: S&P Global Market Intelligence provides a biweekly roundup of the latest developments in technology in Asia-Pacific.
The Daily Dose Asia-Pacific: Facebook secretly launches app in China; U.S. may probe China's trade violations: The U.S. government may launch a probe into China for harming U.S. intellectual property and technology, while the Cyberspace Administration of China has started investigating Baidu, Tencent and Weibo for cybersecurity law violations.
The Daily Dose Europe: Altice mulls financial aid for Charter bid; SoundCloud locks in investment: Altice is considering financial support from investment firms for its potential acquisition of Charter, while SoundCloud has secured funds to support its continued operations.
Economics of Networks: OTT, skinny bundles here to stay; cablenets look to cut out middlemen: There has been a flurry of announcements recently from cable network owners looking to cut out the middlemen for over-the-top and skinny bundles.
Economics of Networks: Disney turns to optionality in face of uncertain future of media ecosystem: Walt Disney's fiscal third-quarter earnings showed its cable networks' revenue fell 3% to $4.09 billion while segment operating income dropped 23% to $1.46 billion.
Global Multichannel: Global markets update – Vietnam and Honduras: Kagan, a media research group within S&P Global Market Intelligence, has recently updated Global Multichannel & Broadband analysis for two markets.
Economics of Advertising: Q2 cable network earnings highlight shaky ad market: Many cable networks are struggling to grow ad revenue in the face of declining ratings.
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