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Sam Altman Dodges Scarlett Johansson AI Voice Controversy: “It’s Not Her Voice”
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Business
Sony Pictures to Use AI to Produce Movies and Shows In “More Efficient Ways”
The comments from CEO Tony Vinciquerra were made in the midst of ongoing negotiations between Hollywood's major crew union and top studios.
By Winston Cho -
Business
Paramount Takeover Offer Sweetened by Skydance, RedBird Group
The new offer is believed to offer better terms for Paramount's Class B shareholders.
By Alex Weprin -
Business
Hollywood Nightmare? New Streaming Service Lets Viewers Create Their Own Shows Using AI
Fable, the studio behind the viral AI-generated 'South Park' clips, has announced a streaming platform that allows users to create their own content.
By Winston Cho
Latest Business
Lionsgate Taps Former Bad Robot, CAA Exec Brian Weinstein as 3 Arts Co-CEO
CAA and Bad Robot veteran Brian Weinstein has joined Lionsgate as co-CEO of 3 Arts Entertainment and senior advisor to the office of the CEO. Weinstein, who was most recently president and COO of J.J. Abrams’ Bad Robot banner, will work closely with Lionsgate CEO Jon Feltheimer to guide strategic moves and expansion by the […]
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Range Sports Inks Content Deal With New York Mets
The New York Mets want to build out a larger content business, and the baseball team is turning to Range Sports to help it do so. The Major League Baseball team is partnering with the sports division of Range Media Partners on a wide-ranging content deal. The deal will kick off with short-form digital content […]
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Mythical Entertainment Taps Jawhara Tariq to Lead Venture Investing and Strategy (Exclusive)
Mythical Entertainment is expanding its venture capital business, hiring Jawhara Tariq as senior VP of strategy, corporate development & investments. Tariq will have a mandate to focus on growth and revenue maximization, as well as oversight of the company’s $5 million venture capital fund Mythical Ventures. Originally launched in 2021 as the Mythical Creator Accelerator, the […]
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Hollywood’s Workforce Is Increasingly White-Collar in Streaming Era, Study Finds
As the entertainment industry has transformed amid the streaming era, so too has its workforce, which is increasingly white-collar and college-educated. That’s according to a new research report released Thursday from Otis College of Art and Design, “‘Die Another Day’— Hollywood transformed in the streaming era,” which scrutinizes the changing composition of Los Angeles-based Hollywood […]
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S&P Lowers Outlook On Live Nation to Negative, Maintains Credit Rating
S&P Global has revised its outlook on Live Nation Entertainment to negative from stable following the antitrust lawsuit filed against them by the U.S. Department of Justice. The rating agency also lowered the company’s management and governance score to moderately negative from neutral. However, it maintained all of its ratings on Live Nation, including its […]
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David Zaslav Talks TNT Without the NBA, Consolidation and That Disney-Max Bundle
Will TNT survive without the NBA? Warner Bros. Discovery CEO David Zaslav seems confident that it will. While acknowledging that the company is still talking to the NBA about a new rights deal (the league appears poised to give packages to Disney, NBC and Amazon, though WBD has some “matching” rights), Zaslav said that the […]
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Wanna Go Viral? Dare to Take a Seat on Shannon Sharpe’s Couch
Shannon Sharpe arrives promptly at noon at the South Beverly Grill, a short drive from his home in Holmby Hills. He is 6-foot-2 and 230 pounds, a wall of muscle sheathed in black athleisure wear. He slides into his favorite booth, orders a cranberry ginger ale and offers a hello — friendly but guarded — […]
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Former ESPN and Turner Chiefs Team Up to Bring ‘Unrivaled’ Women’s Basketball League to Market
In 2014 John Skipper, then the president of ESPN, and David Levy, then the president of Turner, signed the paperwork with the NBA to extend its TV deals with TNT and ESPN into 2025. A decade later, and the veteran sports media executives are now teaming up to try and sell a new basketball league […]
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Why FAST Services Are No Longer the Bargain Bin of Streaming
At the Fox upfront on May 13, the network’s free ad-supported streaming service, Tubi, got just as much stage time as its traditional broadcast channels. Those so-called FAST platforms are becoming a bigger part of the entertainment conversation, and rising in popularity among users, as many paid streaming services are now bundling with one another in […]
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Activist Investor Nelson Peltz Sells Disney Stake After Losing Proxy Battle
Billionaire activist investor Nelson Peltz has sold his stake in The Walt Disney Co., nearly two months after losing a bruising and expensive proxy battle with the entertainment giant. CNBC reported Wednesday that Peltz, the founding partner of hedge fund Trian Partners, had disposed of his entire stake in Disney for $120 a share, worth […]
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Roberto Clemente Biopic Sparks Lawsuit Accusing Family of Double-Dealing In Selling Rights
A lawsuit has been filed against the sons of baseball legend Roberto Clemente, who allegedly defrauded an indie production company by selling it the rights to a biopic of their father despite Legendary Pictures having already optioned the film. That production banner, Inside the Park, in a complaint filed on Tuesday in Los Angeles Superior […]
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Amazon MGM Studios Taps Lauren Anderson to Connect Brands With Its Content
Amazon MGM Studios is expanding Lauren Anderson’s role at the company, now that Prime Video is advertising-supported. Anderson, who previously led AVOD original content and programming for Amazon Studios (primarily for is FAST service Freevee), will now be head of brand and content innovation, serving as a liaison of sorts between the studio and brand advertisers, “helping […]
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