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Global News

April 04, 2019

Saudi Arabia Says It Will Invest $35 Billion in Movie Theaters by 2020

Saudi Arabia will invest $35 billion in building multiplexes and have more than 2,500 screens over the next five years.

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Tencent Raises $6 Billion as Chinese Media Firms Storm Global Bond Markets

Chinese tech and media firms are taking advantage of currently favorable conditions to refill their corporate coffers.

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Netflix Lays Out French Originals Strategy, Including Hookups With Local Industry

Netflix is beefing up its roster of French series and movie originals.

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Bert Habets Resigns as CEO of RTL; Thomas Rabe Takes Charge

Bert Habets has resigned as CEO of European media giant RTL, which has appointed Thomas Rabe to take charge.

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Variety's Millie Chiavelli Promoted to Senior VP of Sales and Global Partnerships

In her new role, Chiavelli will oversee all international business ventures and continue to lead the East Coast TV sales efforts. …

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Asia Pay-TV Heads for Consolidation as Growth Falters (Report)

Asia had been a holdout for pay-TV, but as competition grows and income slows, hard times are coming, says a report by Media Partners …

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Cannes Film Festival Topper Remembers Agnes Varda, 'An Artist Unlike Any Other'

Agnes Varda brought a gentle yet determined approach to filmmaking, says Cannes Film Festival topper Thierry Frémaux.

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Marilyn Monroe Drama Series in the Works at BBC Studios (EXCLUSIVE)

The final months of Marilyn Monroe's life and relationship with Hollywood will be portrayed in a series in the works at BBC Studios. …

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