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Continuing its evolution into a full-blown production major, Netflix has bought ABQ Studios in Albuquerque, New Mexico this week and says it will bring $1bn of production investment to the state, home to hit drama Breaking Bad, over the next 10 years. Comcast has officially taken majority ownership of Sky having, already acquired around 77% of the European operator.

France-based distribution major Banijay, which is reportedly in advanced talks to buy Endemol Shine Group, has acquired French drama producer Terence Films. Over in Scandinavia, Norway's Competition Authority has given Telia the greenlight to acquire TDC-owned Norwegian cable operator, Get, for €2.2bn.

Warner Media says it is gearing up for launch of a direct-to-consumer streaming platform late 2019 that will build on the success of HBO Now. Paramount has been busy this week, forging a first-look partnership with George Clooney's Smokehouse Pictures, as well as launching an OTT service in Poland, dubbed Paramount Play, through mobile operator Play and cable TV operator Toya. 

Snapchat has introduced a new format for its original shows, titled Snap Originals, which will showcase daily five minute episodes accompanied by an un-skippable six second advertisement. The social 'camera company' has also extended its relationship with investor NBCUniversal, which has agreed to syndicate 500 hours of its shows on Snapchat.

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MIP Junior: 13-14 October 2018, Cannes, France*
MIPCOM: 15-18 October 2018, Cannes, France*
Medientage: 24-26 October 2018, Munich, Germany
American Film Market: 31 October-7 November 2018, Los Angeles, USA
asi International TV & Video Conference: 7-9 November 2018, Athens, Greece**
Cable Days: 8 November 2018, Salzburg, Austria
MIP Cancún: 14-16 November 2018, Cancún, Mexico
DISCOP Johannesburg: 14-16 November 2018, Johannesburg, South Africa
SportsPro OTT Summit: 28-29 November 2018, Madrid, Spain**
Asia TV Forum & Market: 5-7 December 2018, Singapore
CES: 8-11 January 2019, Las Vegas, USA
Berlinale Film Fest & Market: 7-17 February 2019, Berlin, Germany
MWC—Mobile World Congress: 25-28 February 2019, Barcelona, Spain
DISCOP Egypt: 26-28 February 2019, Sharm El Sheikh, Egypt
NAB: 6-11 April 2019, Las Vegas, USA
MIP TV: 8-11 April 2019, Cannes, France*
Cannes Film Festival & Market: 8-19 May 2019, Cannes, France
LA Screenings: 15-23 May, Los Angeles, USA
DISCOP Ivory Coast: 29-31 May 2019, Abidjan, Côte d'Ivoire
NEM: 10-13 June 2019, Dubrovnik, Croatia
International Animation Film Festival & Market: 10-15 June 2019, Annecy, France
Cannes Lions: 17-21 June 2019, Cannes, France
CTAM Europe Exec. Mgmt Programme: 25-29 June 2019, Fontainebleau, France
IBC: 12-17 September 2019, Amsterdam, Netherlands

*Ampere will be attending
**Ampere will be presenting

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News editor: Toby Holleran. Managing editor: Guy Bisson