Sunday, October 20

Tag: Audiovisual Production

Lionsgate to Separate Studios Business in $4.6 Billion SPAC Deal
22Dec By adminNo Comments
World

Lionsgate to Separate Studios Business in $4.6 Billion SPAC Deal

Lions Gate Entertainment has agreed to separate its studios business and merge it with Screaming Eagle Acquisition, a special-purpose acquisition company.The deal, which the companies said values the studios business at about $4.6 billion including debt, will create a new, standalone publicly traded company, called Lionsgate Studios.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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For Warner-Paramount, Streaming Consolidation Is Easier Said Than Done
21Dec By adminNo Comments
Money

For Warner-Paramount, Streaming Consolidation Is Easier Said Than Done

Dec. 21, 2023 11:23 am ETIn the current Hollywood rumor mill, one thing remains certain: Streaming consolidation will be a lot easier said than done. Warner Bros. Discovery combining with Paramount Global is the latest pitch. The Wall Street Journal and other media outlets reported late Wednesday that Warner Chief Executive David Zaslav met with Paramount Chief Bob Bakish earlier this week to discuss a possible deal. No formal talks are yet under way, and the news comes just a couple of weeks after reports that Paramount’s controlling shareholder, Shari Redstone, was talking about a potential deal with an investor group led by Skydance Media. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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He Helped Usher in the Reality TV Era. Now He’s Writing a New Hollywood Playbook
11Dec By adminNo Comments
World

He Helped Usher in the Reality TV Era. Now He’s Writing a New Hollywood Playbook

Dec. 11, 2023 10:00 am ETTimes are tough for much of Hollywood. For Brent Montgomery, it has been a banner year. The founder of an entertainment company with ABC late-night star Jimmy Kimmel on board as a partner, Montgomery produces content for traditional TV networks and streaming services such as Netflix and Hulu. He also backs internet celebrities and manages talent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Norman Lear, TV Producer Who Tackled Social Issues, Has Died
6Dec By adminNo Comments
World

Norman Lear, TV Producer Who Tackled Social Issues, Has Died

Updated Dec. 6, 2023 9:30 am ETNorman Lear, the writer, producer and activist who turned American society’s most divisive issues into grist for television comedy and transformed the once-staid sitcom format into a powerful vehicle for satire, has died. He was 101 years old and died in his Los Angeles home, according to a statement from his family.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Beyoncé’s ‘Renaissance’ Tops U.S. Box Office With $21 Million in Sales
3Dec By adminNo Comments
World

Beyoncé’s ‘Renaissance’ Tops U.S. Box Office With $21 Million in Sales

Beyoncé’s concert film dominated the box office on its debut weekend with an estimated $21 million in U.S. ticket sales. The 42-year-old pop singer’s “Renaissance: A Film by Beyoncé” gave a strong showing for the first weekend in December, historically a slow one for movies. It is the first time in two decades a film has opened to more than $20 million on the weekend after the Thanksgiving weekend, according to AMC Theatres, which distributed the film.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Disney’s Bob Iger Plays Down Asset Sales, Vows to Build Modern Version of Company
29Nov By adminNo Comments
World

Disney’s Bob Iger Plays Down Asset Sales, Vows to Build Modern Version of Company

Updated Nov. 28, 2023 3:45 pm ETDisney Chief Executive Bob Iger told employees Tuesday that the task he faced after returning to the company a year ago was harder than expected, and he played down his previous comments suggesting major asset sales were on the table.“I knew that there were a myriad of challenges…I must say there were many more of them than I expected,” said Iger, who was interviewed by ABC News anchor David Muir at a companywide town hall at New York’s New Amsterdam Theatre.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Disney, Lions Gate Pause Ads on X After Musk Agrees With Antisemitic Tweet
18Nov By adminNo Comments
World

Disney, Lions Gate Pause Ads on X After Musk Agrees With Antisemitic Tweet

Several major entertainment companies stopped advertising on Elon Musk’s X after the social-media network’s owner described an antisemitic post this week as “the actual truth” and again lashed out at the Anti-Defamation League.Among those pausing ads on the social-media platform are Disney, Warner Bros. Discovery, Paramount Global, NBCUniversal and its parent Comcast and Lions Gate Entertainment, people close to those companies said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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‘The Marvels’ Disappoints at Box Office, Showcasing Disney’s Studio Challenge
12Nov By adminNo Comments
World

‘The Marvels’ Disappoints at Box Office, Showcasing Disney’s Studio Challenge

“The Marvels,” Disney’s latest superhero feature, landed with a thud at the box office only days after Chief Executive Bob Iger called for an overhaul of the entertainment company’s studio business. A sequel to 2019’s hit “Captain Marvel” from Disney’s Marvel Studios, the new movie features an all-female trio of stars in Brie Larsen, Teyonah Parris and Iman Vellani. It sold $47 million in tickets in North America over its opening weekend, making it the weakest debut performance of any movie in the so-called Marvel Cinematic Universe.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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It May Be Too Late to Fend Off China’s Battery Giants
7Nov By adminNo Comments
Money

It May Be Too Late to Fend Off China’s Battery Giants

Updated Nov. 7, 2023 12:00 am ETHaving charged up in their massive home market, Chinese electric-vehicle-battery firms are becoming major export players, too. The West’s efforts to protect its own markets might prove too little, too late.Chinese firms are also eyeing big new factory expansions in Europe itself, and in U.S. free trade partners, as a way to sidestep current and future import restrictions—much like Japanese carmakers did in the U.S. in the 1980s.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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