Film Studios
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Lionsgate Forms Joint Venture With Steven Paul’s SP Media With $100 Million Investment
Paul has been personally lobbying Donald Trump for a federal film tax incentive alongside frequent collaborator Jon Voight
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Skydance Offers Voluntary Buyouts Ahead of Layoffs
The David Ellison-led media giant is also adopting an in-office policy of five days per week
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Batman Meets the Transformers: What’s Happening With All the IP Skydance Now Controls
The merger of the two legacy studios puts DC, Harry Potter, “Star Trek,” Middle-earth and the Teenage Mutant Ninja Turtles under one corporate umbrella
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Movies
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IATSE Names Jillian Arnold Union’s First-Ever Labor & Technology Intelligence Officer
She will focus on AI and emerging technologies’ impact on the crafts, jobs and working conditions of U.S. and Canadian entertainment workers
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Peacock’s Profitability Streak, World Cup, Christopher Nolan’s ‘The Odyssey’ Lift NBCUniversal Ahead of Spinoff
But theme parks softness and a continued downturn in broadband and video weighed down Comcast’s third-quarter results
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Business
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5 Things the Next Netflix Film Chief Has to Do ASAP | Analysis
From rebuilding relationships with talent to getting better at identifying hits, the streamer has a lot of work ahead of it
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Film Studios
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Hello Sunshine, Goodbye Cash
The Ledger: When seasoned Hollywood operators take a 90+% hit on a startup headed by an A-list star, the industry takes notice
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Business
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With De Luca and Abdy Gone, Where Will Hollywood’s Next Big Swings Come From?
Some worked, some didn’t, but the Warner Bros. chiefs never wavered from taking big risks. That might not happen often going forward
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Movies
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Bajaria Out, Rice In: Netflix’s Content Chief Change Signals Back-to-Basics Shift for Film and TV | Analysis
With sagging engagement and Skydance mounting its challenge, Netflix is turning to the former head of Fox Searchlight to right the ship
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Movies
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Bleecker Street Sells to Outerlight Entertainment
CEO Kent Sanderson will continue to spearhead the independent studio under new ownership
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Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors
If all of the warrants were exercised at the initial $12 exercise price, it would raise $5.65 billion for the company
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Reese Witherspoon, Mediawan Buy Hello Sunshine From Candle Media for Fraction of $900 Million Valuation
The studio, which was acquired by the Blackstone-backed media company in 2021, was reportedly bought back for “low- to mid-eight figures”
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Business
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Breaking Down the Top Warner Bros. Execs’ $1.1 Billion Merger Windfall
David Zaslav and his top four top lieutenants bagged a massive stock payout, while 1,500 employees also got large equity windfalls
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Business
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Paramount Global Distribution and International Head Kevin MacLellan to Exit
The executive’s departure follows the closing of the $110 billion Warner Bros. Discovery merger
