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Media Beat: February 20, 2019

By David Farrell

JAZZ.FM91 board overthrown by dissident member group

In a four-hour meeting of member-donors last week, a group known as Save JAZZ.FM91 defeated the former board by a vote of 449-440, which included the casting of about 800 proxies. A follow-up motion confirmed the group’s slate of 11 directors by a vote of 446-435. – Tijana Martin, The Globe and Mail


Netflix confirms it’s opening new production hub in Toronto

The streaming platform has selected two studio spaces in the city to expand its Canadian efforts.
One at Cinespace Studios, where the company plans to lease four sound stages, along with office space and support space, totalling approximately 164,000 square feet.

And Pinewood Studios, where it will lease four sound stages and adjacent office space comprising a total footprint of approximately 84,580 square feet. – Daily Hive

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Stingray expands distro with Telus

The new deal brings five new music television channels, Stingray Festival 4K, Stingray Now 4K, Stingray Hits!, PalmarèsADISQ par Stingray, and Stingray Classica to Optik TV subscribers in Alberta, British Columbia, and Quebec.

Teens are trouble for radio

Teens are pulling their parents toward streaming music apps and away from their established habits. Edison Research’s Megan Lazovick says that radio needs to educate teens and give them the content that they want. – Radio Ink

UK parliament calls for antitrust, data abuse probe of Facebook

The committee’s conclusion about Facebook’s business is a damning one with the company accused of operating a business model that’s predicated on selling abusive access to people’s data. – Natasha Lomas, Tech Crunch

Huawei risk can be managed, say UK cyber-security chiefs

The UK's National Cyber Security Centre's decision undermines US efforts to persuade its allies to ban the firm from 5G communications networks. – BBC News

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Drake
Drake / Instagram

Drake

Business News

OVO Sells Majority Stake to Authentic Brands Group, Drake Retains Significant Ownership

Drake will continue to shape the creative vision of the company he co-founded while scaling globally. Authentic Brands Group's portfolio includes Sports Illustrated magazine and the personal brands of Elvis Presley and Shaquille O'Neal, among others.

October’s Very Own has a new home.

Authentic Brands Group has announced the acquisition of a majority stake in the intellectual property of October's Very Own, also known as OVO, the lifestyle brand and apparel company co-founded by Drake. The Toronto rapper will retain a significant ownership stake and remain involved with the brand as its driving force, continuing to shape its creative vision.

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