‘Trolls’ Sequel Tests PVOD Model While Theaters Are Closed

“Trolls World Tour,” produced by DreamWorks Animation and distributed by Universal Pictures, was due to release in movie theaters on April 10. But when the coronavirus pandemic closed theaters, Universal decided to release it as a $19.99 digital rental on platforms including Apple TV, Amazon and Comcast’s Xfinity. Three weeks later, “Trolls” has generated almost $100 million, more than the original 2016 movie. That has encouraged Universal execs to consider digital release as a real alternative to postponing a theatrical release. Continue reading ‘Trolls’ Sequel Tests PVOD Model While Theaters Are Closed

Pandora Turns to Pay TV in Selecting New CEO Roger Lynch

In the wake of Pandora Media hiring a new chief executive, Roger Lynch, the company’s stock rose 4.7 percent on shareholder optimism that the new leader would take the struggling online music service in a better direction. Lynch, who most recently led Sling TV and was previously at Dish Network since 2009, is Pandora’s fourth chief executive in less than two years. Pandora fell from its No. 1 position in music streaming services as it faced competition from Spotify and Apple Music, both of which boast huge song catalogs. Continue reading Pandora Turns to Pay TV in Selecting New CEO Roger Lynch