Business
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Paramount Special Committee Recommends Revised Offer From David Ellison’s Skydance Media
The fate of the media conglomerate now sits in the hands of controlling shareholder Shari Redstone
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Sony to Close TriStar TV
Executives Jennifer Turner and Nicole Norwood will exit the studio as part of the move
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Moonbug Entertainment Promotes Global Music Head Courtney Holt to Americas Managing Director
The former Spotify executive will lead the “CoComelon” and “Blippi” company’s North American commercial team
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Skydance Ups Cash Offer for Paramount and Courts Class B Stockholders in Restructured Bid
David Ellison stages his latest attempt to woo shareholders for his production company’s acquisition
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Former ESPN, Turner Execs Invest in Pro Women’s Basketball League Unrivaled, Will Lead Media Rights
Founded by WNBA stars Breanna Stewart and Napheesa Collier, the three-on-three league is set to launch in January 2025
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Sony Pictures Won’t Make Investments That ‘Don’t Complement’ Current Strategy Amid Paramount Talks
“Our strategy is to have more IP, more product, more library to sell,” CEO Tony Vinciquerra told analysts during the company’s 2024 business segment meeting
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Brian Weinstein Joins 3 Arts Entertainment as Co-CEO
The Bad Robot executive has also been named senior advisor to Lionsgate’s Office of the CEO
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Amazon MGM Studios Ups Lauren Anderson to Head of Brand and Content Innovation
A partnerships overhaul sees Christel Miller leading the new Scripted Hybrid team, the creation of a Branded & Talk group and more
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How the Major Streamers Stack Up in Subscribers and Revenue | Charts
Starting in the first quarter of 2025, Netflix will no longer disclose quarterly subscriber figures or average revenue per paid member
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Netflix CEO Ted Sarandos Regrets Comparing Netflix to HBO, Wishes He’d Said They Also Want to Be CBS
“Prestige elite programming plays a very important role in culture. But it’s very small. It’s a boutique business,” he tells the New York Times
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Andrea Arnold’s ‘Bird’ Acquired by Mubi Out of Cannes
The distributor adds North American rights for the Barry Keoghan and Franz Rogowski to prior U.K. and Ireland acquisition
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How Shein and Temu Snuck Up on Amazon
The Chinese-owned platforms represent the biggest threat to its e-commerce empire in recent memory.
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Business
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Industry Scrambles for Influence in Washington as Lawmakers Weigh AI Restrictions
Entertainment companies and creatives are ramping up lobbying to become part of the conversation to craft national legislation.
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Lionsgate Slashes Fiscal Q4 Loss to $39.5 Million on Boost in TV Production in First Post-Spinoff Earnings
The media company spun off its TV and film studios from Starz as a separately traded entity earlier this month
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News
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Live Nation Faces Antitrust DOJ Lawsuit in Latest Move to Limit Concert Ticket Dominance
The suit is expected to come out of the Southern District of New York as soon as Thursday, Bloomberg and The Washington Post report
