Business
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Sony Pictures Nearly Doubles Q4 Income to $196 Million Driven by More Theatrical Releases
Sales rose 13% to $2.6 billion in the quarter but fell 10% for fiscal year 2023 due to strikes and lower licensing revenue
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Jamie Foxx Goes Rogue at Fox Upfronts With Improvised Baseball Jokes: ‘Don’t Want to Stand Up for the Negro League?’
The “Beat Shazam” host veered off script while teasing Fox Sports and the MLB’s upcoming Rickwood Classic
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Amazon ‘Explores’ Back-End Pay Model for Talent on Film, TV Series
In addition to Prime Video, Apple TV+ and Netflix are also looking to evolve their pay structure for talent
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Doug Belgrad Tapped as Netflix’s VP of Film Under Dan Lin
The 2.0 Entertainment founder is formerly of Sony Pictures
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Mediapro Studio Taps Juan ‘JC’ Acosta as Head of US & Canada Operations
The production company expands its English-language production efforts with new headquarters in Los Angeles
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Prime Video Ups Women’s Sports Presence With AT&T Sponsorship Deal for WNBA, NWSL
The telecommunications giant will be lead sponsor on 21 women’s basketball games this season on the streamer
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With Disney+ Bundle, Max Is the First Streamer to Get Out of the ‘Everything for Everyone’ Game | Analysis
Analysts pressed Warner Bros. Discovery executives for more details on the new offering after WBD reported a $966 million Q1 loss
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AMC Networks Stock Falls Over 10% on Q1 Earnings Miss, Ad Revenue Drop
The company cited a “challenging ad market” for the decline despite the success of “The Walking Dead: The Ones Who Live”
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Jon Stewart Extends Comedy Central Partnership With New Weekly Podcast
“The Weekly Show,” launching in early June, will see “The Daily Show” host dive into the most critical topics across current events
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Disney Ad Boss Says Linear Is Still ‘Very Robust’ Business, Touts Multiyear Commitments for Sports
Rita Ferro tells TheWrap she expects “solid” performance during Upfronts due to the scale and reach of the entertainment giant’s streaming platforms
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Fox Corporation Taps Kathy Kelly-Brown to Lead Ad Sales Comms
The former NBCUniversal and Warner Bros. TV executive will report to the media giant’s ad sales president Jeff Collins
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NBA’s $76 Billion TV Rights Deal Is Setting the Future for Live Sports | Analysis
The battle between Disney, Amazon, WBD and Comcast is about more than just who’s watching the games. It’s about data and globalization
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Endeavor Swings to Net Loss of $303.5 Million in Q1
Executives will not hold an earnings call due to a pending take-private transaction with Silver Lake, which will close by the end of Q1 2025
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Warner Bros. Discovery Narrows Q1 Net Loss 10% to $966 Million, but Studio Profit Drops 70%
The streaming segment posted $86 million in profit and added 2 million DTC subscribers for 99.6 million globally
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AMC Theaters Q1 Revenue Flat Year-Over-Year Amid Weak Box Office
The theater chain reported $951 million in revenue and slashed its net losses by 72% to $163.5 million
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