Business
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Lionsgate Activist Investor Urges Studio to Embrace AI or Sell Itself
“The rise of generative AI has led the market to sort companies bluntly into ‘AI winners’ and ‘AI losers,’” Anson Funds’ Sagar Gupta tells the board
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Paramount Sets Parker Finn’s ‘Possession’ Starring Callum Turner for June 2027 Release
Margaret Qualley, Diego Calva and Paul Dano also star in the upcoming remake of the 1981 cult supernatural thriller
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California AG Rob Bonta Rebuffs David Ellison’s Paramount Move Threat, Shrugs Off 30-Film Commitment and CNN Sale
“Paramount has lost the plot as it continues to lose in court,” the California attorney general says
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Tom McCarthy’s ‘A Statement’ to Make World Premiere at New York Film Festival
Jonathan Glazer’s “Joy of Joys” will also make its debut at the fest, which runs Sept. 25-Oct. 12, 2026
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Ari Emanuel’s Mari to Acquire Broadway and West End Theater Giant ATG Entertainment
ATG operates 70 venues across the U.S., U.K., Germany and Spain and hosts Broadway productions such as “The Lion King,” “Wicked” and “Harry Potter and the Cursed Child”
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What Does ‘Spider-Man’ Success Mean for Superhero Fatigue?
Also in this week’s Reel to Real, “The Odyssey’s” spectacular box office hold, Disney’s streaming bet and a surprising new 4K release
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Movies
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David Ellison Threatens to Move Paramount Out of California if State AGs Won’t Negotiate
The CEO gave his executive leadership team an idea of when and where the company might move if state Attorney General Rob Bonta doesn’t settle his antitrust case
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An Offer They Can’t Refuse: Theater Execs Split on Whether to Join Paramount-Warner’s Merger Movement
AMC, Regal and Vue publicly support David Ellison, but much of the theatrical world remains skeptical
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Movies
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Trump Media Loses $238 Million on Only $1.7 Million in Revenue
The Trump Social operator says it is redirecting resources toward the “core pillars” of its media business
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Netflix Closes 2026 Upfront, Nearly Doubles Ad Commitments
The streamer has sold out game sponsorships and nearly sold out of all available in-game inventory for the 2027 FIFA Women’s World Cup
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‘Clueless’ Sequel Series, ‘The Rockford Files’ Reboot Score California Tax Credits
Other TV projects granted awards from the state include new series “Newlyweds” and the Viola Davis-led “Ascent”
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Where the Media Business Is Going
In this week’s installment of The Media Front, we unpack what happens next as the streaming wars end and AI rises in newsrooms across the country
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Journalism
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How the Streamers Stack Up in Subscribers, Revenue and Profits | Analysis
All five Hollywood studios’ direct-to-consumer businesses reported profits and revenue gains in their latest earnings disclosures
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Business
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Anthony Bourdain Biopic ‘Tony’ Headlines Busy Indie Box Office With $349,000 In Limited Release
Two very different slashers in “Teenage Sex and Death at Camp Miasma” and “Ice Cream Man” also made their debut this weekend
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AI-Generated Ad for ‘The End of Oak Street’ Draws Backlash for Warner Bros.
The partnership with an AI-animated podcast is controversial new ground for studio marketing
