SuperSport And SABC Agree On Sub-Licensing Terms Of PSL Broadcast Rights

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SuperSport and the South African Broadcasting Corporation (SABC) have reached an agreement regarding the sub-licensing of Premier Soccer League (PSL) broadcast rights ahead of the start of the new Betway Premiership season.

 

The move comes after strong relations between the two South African broadcasters following the agreement of sub-licence agreements for the MTN8 tournament as well as the Currie Cup semi-final match which was contested this past weekend and upcoming final match.

 

The PSL saw the dawn of the new Betway Premiership last Saturday, 14 September 2024, with millions of fans seeing their favourite team content the biggest prize in South African football.

 

SuperSport CEO Rendani Ramovha said “The latest sub-licence agreement with the SABC is another step towards a strong relationship with the public broadcaster, for the benefit of the millions of football lovers across the country and the African continent. The PSL has proven itself time and again to be the most coveted football product among South Africans and we look forward to delivering another outstanding season of football action on Your World of Champions, SuperSport.”

SABC Group CEO Nomsa Chabeli said: “We are pleased with this acquisition, and it is another demonstration of our commitment to delivering exceptional sport content to our diverse audiences. Our rights package includes a total of 51 matches comprising of 23 Betway Premiership matches, 10 Carling Black Label Cup matches, 12 Nedbank Cup matches, and 6 National First Division matches. We will broadcast league matches every Saturday on SABC 1 during the league season, ensuring our audience has access to exciting live local football”.

 

 

 

Ms Chabeli further stated that “We will also be enhancing our coverage by strengthening the analysis team. This move will ensure that we provide insightful commentary and in-depth analysis for our viewers. The added new members to the team are Itumeleng Khune, Jabu Mahlangu as well as Coach Thabo Senong who will be joining our resident analysts Doctor Khumalo, Simphiwe Dludlu and Hlompho Kekana in studio”.

Paramount Television Studios Is Closing Down As Part Of Cost Cutting Procedure With Content Set To Merge With CBS Studios

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PTVS’ shutdown will result in the exit of 20-30 employees. All current PTVS series and development projects will be folded into CBS Studios.

“To be clear, this is not a decision based on how PTVS performed. This move is the result of significant changes in the TV and streaming marketplace and the need to streamline our company,” Cheeks said. “Under Nicole’s leadership, this studio consistently punched above its weight in attracting top storytellers and stars to create best-in-class series. I want to thank every PTVS employee for shepherding a slate of shows that helped usher Paramount into the streaming era.”

Headed into the current wave of layoffs that will impact 15% of Paramount Global’s U.S. workforce over the next few months for $500M in savings, there had been chatter about Paramount TV Studios as a potential casualty following a string of downsizing/consolidation moves since CBS Studios and Paramount TV Studios were put together under Cheeks’ purview in the fall of 2022.

Both Cheeks and Clemens tried to assuage fears at the time by assuring PTVS staff that the division would remain independent from the larger CBS Studios as the two combined support operations by centralizing finance, law, production and casting. The same year, Paramount TV Studios absorbed Paramount+’s scripted originals team. (Word is more P+ layoffs may be coming after Labor Day.)

In the most recent round of layoffs in February, PTVS consolidated development and current under Head of Development Jana Helman, with a slew of senior programming executives leaving. It also dissolved/downsized communications, marketing and post-production which are now handled by CBS Studios. Prior to that, Clemens, a well-liked veteran executive, revealed that the studio was no longer going to produce limited series except for third-party buyers.

Also possibly factoring into the decision to shut down PTVS is Paramount Global’s pending merger with Skydance whose television division is very similar in scope and output to PTVS. The two companies have collaborated on such series as Reacher, Tom Clancy’s Jack Ryan and the upcoming Cross.

Other notable series produced by PTVS over the years include 13 Reasons Why, The Alienist, Station Eleven, Time Bandits, and The Spiderwick Chronicles.

Speculation about CBS Studios and Paramount TV Studios combining has actually been around since the 2019 CBS-Viacom merger was announced. Launched by Paramount Pictures’ Brad Grey in 2013, Paramount TV Studios has been the smaller of the two and its volume was impacted when Paramount+ pared down its scripted originals ramp-up plans to stem streaming losses. The studio continued to sell to outside platforms.

In her note to staff, Clemens, who joined PTVS in 2018, reflected on the label’s legacy.

“Over the past 11 years, PTVS has weathered seemingly insurmountable obstacles through a combination of strength, determination, and unwavering commitment,” she said. “We met these challenges with incredible resilience, creativity, and passion for what we do, and I could not be prouder of our team. We’ve also had the privilege to collaborate with some of the most brilliant creative talent in the industry to help tell incredible stories seen around the world, entertaining and shaping culture.”

Here are the two memos:

Note from Nicole Clemens: President, Paramount Television Studios

Dear PTVS Family,

As you’re all aware, Paramount Global has made the difficult decision to close Paramount Television Studios as part of the company’s broader restructuring plans. This has been a challenging and transformative time for the entire industry, and sadly, our studio is not immune.

Over the past 11 years, PTVS has weathered seemingly insurmountable obstacles through a combination of strength, determination, and unwavering commitment. We met these challenges with incredible resilience, creativity, and passion for what we do, and I could not be prouder of our team. We’ve also had the privilege to collaborate with some of the most brilliant creative talent in the industry to help tell incredible stories seen around the world, entertaining and shaping culture.

Although Paramount Television Studios is ending, our ethos will live on in shows that will continue to be enjoyed by global audiences for years to come. We’ve cemented our legacy by shepherding some of the most influential, award-winning, and critically acclaimed shows in the streaming era with series like “13 Reasons Why,” “The Offer,” “Defending Jacob,” “The Alienist,” “The Haunting of Hill House,” “Station Eleven,” “Time Bandits,” and many more. We have broken streaming platform records with “Tom Clancy’s Jack Ryan,” “Reacher,” and “The Spiderwick Chronicles.” Our upcoming shows, “Cross,” “Before,” and “Murderbot,” are sure to join the ranks of those hits.

This has been the most formative chapter in my career, and that is mainly due to the remarkable colleagues I have had the honor to lead and learn from on a daily basis. Thank you for supporting me, inspiring me, and laughing with me for the last six years — I wouldn’t have wanted to be in the trenches with anyone else.

I want to thank George Cheeks for his leadership and support through it all. There will undoubtedly be some tears as we move on, but this business is a marathon, and I am certain that we will cross paths, if not work together, again.

“Often when you think you’re at the end of something, you’re at the beginning of something else.” – Fred Rogers

With heartfelt gratitude,

Nicole

Note from George Cheeks: Co-CEO, Paramount Global and President & CEO, CBS

CBS Team,

As you saw from the email Brian, Chris and I sent earlier, this is a very difficult day at Paramount Global. I’m reaching out to share that today’s news unfortunately impacts CBS, including one of our studios.

A short time ago, we informed the team at Paramount Television Studios (PTVS) that the studio will cease operations at the end of the week. To be clear, this is not a decision based on how PTVS performed. This move is the result of significant changes in the TV and streaming marketplace and the need to streamline our company.

I want to thank PTVS President Nicole Clemens and the talented team she built for the many signature hits they produced. Under Nicole’s leadership, this studio consistently punched above its weight in attracting top storytellers and stars to create best-in-class series. I want to thank every PTVS employee for shepherding a slate of shows that helped usher Paramount into the streaming era.

Going forward, all current PTVS series and development projects will transition to CBS Studios.

In addition to PTVS, there are members of CBS teams who will be leaving the company. These are valued colleagues we admire and respect, whose talents contributed to the leadership position we enjoy today. I want to express my deepest gratitude for their contributions, hard work and dedication.

As we move forward, please keep these co-workers in your thoughts as our HR teams and their teammates help support them through this process.

There is a lot of news to unpack today. I know it’s unsettling. I continue to be impressed and grateful for our teams’ ability to stay focused and stick together during this transitional time.

George

America's TruTV Becomes TNT Sports In October

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Warner Bros. Discovery (WBD) has announced that it will rebrand TruTV’s primetime lineup as “TNT Sports” beginning this October, which could be a seismic shift for sports broadcasting and wrestling entertainment.

The news came from WBD CEO David Zaslav during the company’s Q2 earnings call. This move is seen as a potential win for All Elite Wrestling (AEW) amid ongoing talks about its future on WBD networks. Media analyst Brian Steinberg tweeted details of the rebranding strategy, noting that TruTV will transition to become a home for sports under the TNT banner.

According to sources, this new programming block will operate similarly to Cartoon Network’s Adult Swim block, which functions as its brand despite sharing channel space.

Strategic Sports Expansion

The focus on sports is timely for WBD after NBA broadcasting rights recently shifted to Amazon Prime.

With AEW potentially joining Ring of Honor (ROH) whose importance within AEW Khan said has not been overstated but was not yet confirmed for TV on WBD airwaves at some point soon, it would appear the company wants more hours of live sports content under its belt.

In fact, Fightful’s Sean Ross Sapp pointed out earlier today that AEW talents are being featured prominently in early promotions for “TNT Overdrive,” suggesting Khan’s team will play a key role in the new TNT Sports lineup that night -- and grow more influential within the broader sphere of televised athletics-entertainment.

At present, though, these are only good signs; Khan himself called talks with WBD “complicated," but recently expressed optimism following a meeting with Zaslav during the Olympics when reached by @SeanRossSapp. The exclusive negotiating window between parties expired yesterday, allowing AEW to engage with other networks unless/until WBD closes a deal.

Regardless of whether or not anything comes from current conversations between AEW and WBD, the ripples from this news could fundamentally change how wrestling is presented to audiences, aligning AEW with WBD’s rekindled focus on sports and entertainment.

Such an alliance would be expected to ensure All Elite Wrestling continues growing as a major player in the increasingly crowded field of televised athletics entertainment.

Discovery Family Undergoes A Major Restructure And Unveils New Rebranded Logo

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Not to be mistaken with the factual entertainment channel of the same name on MultiChoice's DStv platform. Discovery Family which is also operated by Warner Bros. Discovery in a joint venture with Hasbro is responsible for the distribution of various kids shows and other educational content. 

Not long ago, Discovery Family updated its social platforms to unveil a new on air look with the name shortened to DFC. Basically taking a page of Boomerang and Boing feeds, the channel offers various content from Warner Bros. Animation and Cartoon Network Studios.

As pictured above, these includes shows like Summer Camp Island, Steven Universe,  The Smurfs, Sylvester & Tweety Mysteries and Looney Tunes while as returning the Hasbro portion of the brand with My Little Pony: Friendship Is Magic. 

What's more mind boggling about this is the fact that Warner Bros. Discovery had already been licensing content to Weigel Broadcasting for their own kids channel, MeTV Toons. The financially challenged company is basically creating rivaling amongst their own stables. 

Aside from Warner Bros. and Hanna-Barbera, MeTV Toons is even licensing content from Universal Pictures, Paramount Pictures and MGM. This would make them an even stronger contender against the likes of Boomerang and Nicktoons whose offering has fallen off the scale.

Skydance is currently undergoing a potential takeover of Paramount Global with Warner Bros. Discovery exploring a possible split in assets. If anything, they don't care as much if MeTV Toons is luring consumers from their own channels as its all about money.

The rebrand of Discovery Family or DFC only illustrates the amount of division/dependency Warner Bros. Discovery gives these brands. Take for instance, Cartoon Network that's still runs a 24 hour service in other countries while America minimized this for Adult Swim.

Although Discovery Family runs as a children's channel some other countries operate this as Discovery Kids then Africa offers a channel of the same name with different programming. In short, where is the alignment in all this as you have 2/3 different channels with the same name.

Disney relies on ESPN for sports with factual entertainment on National Geographic while Paramount has reality and animation on MTV and Nickelodeon respectively. Then there's Warner changing the positioning of a TV channel from country to country. 

Paramount And Skydance Merger Facing A Class Action Lawsuit By A Shareholder

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The suit, which was filed in Delaware court by Class B common stockholder Scott Baker, broadly alleges that controlling shareholder Shari Redstone forced through an “unfair” deal that benefits her and Paramount’s parent company National Amusements Inc (NAI) at the expense of Class B shareholders, who had no say in the deal.

The suit argues Redstone was intent on selling her interest in Paramount to Skydance “regardless of its impact on other Paramount shareholders.”

Through a unique ownership structure, the Redstone family’s holding company NAI owns 77% of the voting shares in Paramount, though it only holds a roughly 10% equity stake.

Under the proposed deal, Paramount’s Class B stockholders can cash out their shares at US$15. However, the suit alleges there isn’t enough money in the deal to buy out all of the non-NAI Class B shares. Instead, argues the suit, shareholders would get a mix of cash and Class B stock in the merged entity amounting to only US$12.23 per Class B shares.

The suit also alleges that Paramount’s board is “packed with Redstone insiders, over whom she exercises control,” and that Redstone has a history of controlling company boards and ousting directors in order to bring merger deals to fruition.

On the latter point, it cited the 2019 CBS-Viacom merger as an example of Redstone doing “everything in her power” to force a deal through, “even if it took her a couple of years and required ousting directors, packing boards of both merging companies with directors who would support her, and using NAI’s status as controlling shareholder to get what she wanted.”

In addition to Redstone, Paramount and NAI, the lawsuit also names Paramount board members Barbara Byrne, Linda Griego, Judith McHale, Charles Phillips and Susan Schuman as defendants, in addition to Skydance and its CEO David Ellison.

The filing of the lawsuit comes three weeks after Paramount and Skydance announced they had come to terms on a deal to form New Paramount following a lengthy negotiation process that saw several other bidders in the picture. The companies said they expect the transaction to close in the first half of 2025.

Through the deal, Skydance, which is backed by private equity firms RedBird Capital and KKR, will invest around US$2.4bn to acquire Paramount Global’s parent company, National Amusements, for cash and US$4.5bn for the stock/cash merger consideration to be paid for publicly traded Class A shares and Class B shares. It will also invest US$1.5bn to help improve Paramount’s balance sheet.

Ellison will serve as chairman and CEO of New Paramount, while Jeff Shell, the former NBCUniversal CEO who is currently chairman of sports and media at RedBird Capital, has been named president. Those appointments will become effective when the transaction closes.

The deal also includes a 45-day ‘go shop’ period, which allows Paramount to look for better offers before going with Skydance. However, going with another company would mean Paramount would have to pay Skydance a US$400m “breakup fee.” On Friday, billionaire Barry Diller, who emerged as a potential suitor last month, indicated that his company IAC was likely out of the running.

It had been widely assumed that the Paramount-Skydance deal would draw shareholder scrutiny and lawsuits, and there are expected to be several others filed in the coming months.

Primedia, Parent Company For 947 And Eyewitness News Reportedly Up For Sale

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Private equity shareholders of Primedia are considering strategic options for their stakes in the South African broadcasting group, according to people with knowledge of the matter.

The company, owned by EPE Capital Partners, FirstRand, Old Mutual and the Mineworkers Investment Trust, has turned around under CEO Jonathan Procter, helping boost its valuation, said the people who asked not to be identified because the talks are private.

A jump in operating cash flow at Primedia makes it easier for the private equity firms to begin discussions with local and international companies, they said.

Primedia attracts interest from international and local investors from time to time

Interest in broadcasting firms in Africa — home to the youngest and fastest growing population in the world — has been on the rise in tandem with the surging use of mobile phones and declining data prices.

France’s Canal+ is in the process of acquiring DStv parent MultiChoice Group in a deal that values the company at R55-billion.

Primedia, the owner of Eyewitness News and Radio 702, is targeting a 25% increase in earnings before interest, taxes, depreciation and amortisation to R1-billion in the near term, two of the people said. Improving finances at the broadcaster may value the firm at R6.4-billion to R9.2-billion, the people said.

Primedia “attracts interest from international and local investors from time to time”, the company said in an emailed response to queries. “These expressions of interest are considered by the board and shareholders, although no process has been announced by the board.”

Content

EPE Capital and Old Mutual Private Equity referred queries to Primedia. Rand Merchant Bank, a unit of FirstRand, and Mineworkers Investment didn’t respond to requests for comment. The process is still at an early stage and there’s no guarantee any deal will go ahead, the people said.

Primedia was founded in 1994 and operates in eight African countries including South Africa, Nigeria and Zimbabwe.

The company recently established a studio production business that holds the licensing rights to local versions of shows including the Masked Singer and Deal or No Deal.

The company has also started selling content to streaming services such as Netflix and Apple+, and opened a sporting business for advertising and sponsorships as it increasingly pivots the company to becoming more digital focused. 

Vivendi Posts First-Half Revenues Of $9.8 Billion, Bolstered By Canal+, Lagardere

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Vivendi, the parent company of French pay TV banner Canal+ Group, saw its 2024 first-half revenues reach $98 billion, a 5.8% year-on growth. The media conglomerate also posted a 98.4% spike in second-quarter revenues.

Lagardère, the media, publishing and travel retail conglomerate which was acquired last year, as well as Canal+ Group, bolstered revenues. Vivendi also boasted an EBITA of $671 million — 39.3% up compared with the first half of 2023, driven by the consolidation of Lagardère and the growth of Havas. At constant currency and perimeter, EBITA increased by 13.5%, while adjusted net income reached $357 million.

Canal+ Group’s revenues went up by 4.6% to $3.2 billion, helped by TV operations in mainland France and overseas. Revenues from Canal+’s film and TV group Studiocanal also increased by 8.6%, thanks in part to the performance of Amy Winehouse biopic “Back to Black” which was released on April 24 and has sold around the world.

Under the leadership of CEO and chairman Maxime Saada, Canal+ has also increased its interest in Scandinavian pay TV banner Viaplay to 29.33%, becoming its largest shareholder; and recently took a stake in leading Senegalese production company Marodi TV. Canal+ has also made a tender offer to buy the African service MultiChoice Groups.

Asia is also part of Canal+’s international expansion plans. The company has increased in the leading Asian OTT service Viu to 36.8% and is now looking to have it go up to 51%.

Back in France, Canal+ Group has bought OCS, pay-TV package and Orange Studio, the film and series co-production subsidiary. Some of the new editorial developments include the creation of Studiocanal Stories, a new label dedicated adapting literary works into films and TV series in France and several European countries. Canal+ Group is also continuing to strike deals and partnerships with big U.S. players, including Warner Bros. Discovery which signed a distribution agreement with the French banner for its standalone streaming service Max.

Vivendi’s management board gave an update on the group’s plan to split into three separate entities and list assets. Under current plans, Canal+ will be listed at the London Stock Exchange, Havas at the Euronext Amsterdam, and an entity which will bring together publishing and distribution, including Louis Hachette Group, at the Euronext Growth Paris. Vivendi will remain listed on Euronext Paris.

Vivendi said Canal+ and Havas will maintain their leadership and operational teams at the Paris headquarters, and they will also remain French tax residents for French corporate income tax purposes.

Yannick Bolloré, chairman of Vivendi’s Supervisory Board, said the group’s half-year results were “driven by our three main businesses, which contributed to organic revenue growth of nearly 6% and organic EBITA growth of 13.5%.”

Arnaud de Puyfontaine, Vivendi CEO, meanwhile, said its “various businesses have demonstrated their dynamism, both in terms of organic growth and acquisitions, the strength of their respective business models and their ability to transform and adapt to their environment and the expectations of their customers.” The executive said the group is currently “strengthening its international positions.”

Teenage Mutant Ninja Turtles And Naruto Collaborating In New Comic Book Line

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The Teenage Mutant Ninja Turtles comic book line is having a banner year in 2024. Not only is IDW kicking off a star-studded relaunch of the monthly TMNT series and continuing the Last Ronin saga, now they're gearing up for a crossover with one of the biggest anime and manga properties on the planet. That's right, the heroes of TMNT and Naruto are joining forces.

Teenage Mutant Ninja Turtles x Naruto is a joint effort between IDW Publishing and Viz Media. This four-issue series is written by Caleb Goellner (Sonic the Hedgehog) and illustrated by Hendry Prasetya (Mighty Morphin Power Rangers), with colors by Raúl Angulo (NYX) and letters by Ed Dukeshire (The Woods). Jorge Jiménez (Batman) and Prasetya provided cover art for issue #1.

Here's IDW's official description for issue #1:

It’s the coolest ninja matchup you could have ever dreamed of, had you dared! The Heroes in a Half-Shell meet the host of the Nine-Tailed Fox in the crossover everyone will be talking about.

When teenage reporter April O’Neil has a clandestine meeting with Tsunade, the leader of the Hidden Leaf Village, it garners the attention of Naruto, Sasuke, Sakura, and Kakashi. They aren’t the only ones who are wondering what the two women were discussing, though. The sinister Foot Clan have their own interest in April’s visit, as they think she might hold the valuable information on mutation research being conducted by the scientist Baxter Stockman. With April caught between the forces of the Hidden Leaf Village and the Foot Clan, it can’t be long before the Teenage Mutant Ninja Turtles show up to lend her a hand!

Working with acclaimed manga publisher Viz Entertainment, IDW is pulling together two of the most popular comics in the world to bring you the four-issue comic book event of 2024!

Teenage Mutant Ninja Turtles x Naruto #1 will be released on November 13, 2024.

Maxwell Atoms On When Cartoon Network Originally Died: "We Also Had To Cut Ourselves...Which Is When CN Died"

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Cartoon Network is an international children's channel operated by Warner Bros. Discovery alongside TNT and Cartoonito. It is home to shows like Adventure Time, Tiny Toons Looniversity, Craig Of The Creek and Dexter's Laboratory.

As some readers know, one of the channel's remaining primetime shows Jellystone will be having a crossover special. Similar to Teen Titans GO! WB100 special, it would feature a variety of animated characters that had already been viewed on Cartoon Network. 

A fan had asked Maxwell Atoms (creator of The Grim Adventures Of Billy And Mandy) if all animated characters would appear on the show and his response was mentioned below in bold:

We put as much as we could. More than a recommended doctor. But we only used shows made at CN Studios (not Teen Titans GO!). I believe Mixels was an acquisition. We also had to cut ourselves around 2008, which is when CN originally died.

Taking to account that shows like Steven Universe, Adventure Time and Chowder were all conceived after that timeline of Cartoon Network. Atoms views on the network had somewhat got a lot of mixed reactions from former and current viewers.

Even after 2008, Cartoon Network continued having a lot of great shows from what we can gather with Atoms views. That timeline coincides with when he and Genndy Tartakovsky had exited the network as there was a lot of corporate changes behind the scenes.

But even then like I said Cartoon Network was still a go to channel for children and animation lovers alike. If we had to guess when Atoms views materialized on the network it was no less than the 2010s era with the latest residing by 2015/6.

At this time, Cartoon Network was building a wall between shows like Ben 10: Omniverse and Steven Universe as these were their more action-ie shows. With the current slate being dominant around comedic styles with Teen Titans GO! and Uncle Grandpa. 

Following the merger of WarnerMedia and Discovery, Cartoon Network has never recovered from the after effects. At the moment, there's only 4 originals with 1 imported from Europe, 2 produced by Warner Bros. Animation and the last being an actual original.

It is believed that this merger had since scared potential animators from associating themselves with the network as they try to navigate the current landscape.