Film Studios
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‘Warnermount,’ Superheroes and Theatrical Windows: 5 Things We’re Looking for at CinemaCon
The Las Vegas trade show arrives with the movie theater industry at a crossroads
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Movies
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Disney Layoffs of 1,000 to Begin Next Week in Marketing, Publicity and Other Divisions | Exclusive
The reductions are a move toward consolidation under CEO Josh D’Amaro as industry adjust to headwinds
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Nickelodeon Animation Studios Names Alec Botnick President
Ashley Kaplan, Nick’s EVP of unscripted and digital franchise studios, will transition to a consulting role
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David Zaslav’s $887 Million Golden Parachute Rejected as ‘Problematic’ in Shareholder Advisory Firm’s Paramount-WB Assessment
ISS says that the “extraordinary” payout is “inconsistent with common market practice”
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Jeff Shell Out as Paramount Skydance President
The media giant has been conducting an internal investigation into claims brought against the executive by whistleblower and Las Vegas gambler R.J. Cipriani
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When $1.4 Billion Isn’t Enough: ‘Avatar’ Sequels Under the Microscope as Disney Weighs Franchise’s Future
James Cameron’s latest installment could be the mid-point of the series or it could be the end
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Movies
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Paramount Confirms Middle East Sovereign Wealth Fund Investment to Back Warner Bros. Deal
The David Ellison-owned media giant says their participation is an “important milestone” in the $110 billion deal
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SAG-AFTRA to Resume Contract Talks With AMPTP in April
The actors’ union had previously negotiated with studios for five weeks before pausing to allow the Writers Guild to begin its talks
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Paramount Secures $24 Billion Commitment From Middle East Sovereign Wealth Funds for Warner Bros. Deal
Saudi Arabia’s Public Investment Fund will provide roughly $10 billion
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WGA, AMPTP Make Tentative Agreement Official: ‘This Deal Protects Writers’ Health Plan’
Insiders tell TheWrap that negotiations between writers and studios were “way more productive” than in 2023
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Amazon MGM Studios Restructures Worldbuilding & Genre Series Team, Matthew King and Adrienne O’Riain Exit
Tom Lieber expands his oversight as the worldbuilding division’s head of creative affairs
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Film and Sound Recording Industries Shed 1,100 Jobs in March
The decline puts the sector’s total jobs at 337,400 for the month, according to the latest report from the U.S. Bureau of Labor Statistics
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State AGs Are Pushing Back Against Media Consolidation. Is It Too Late?
Experts told TheWrap that Nexstar-Tegna’s temporary restraining order could embolden the states to pursue a legal fight against Paramount-Warner Bros.
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Deals & M&A
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US Box Office Posts Best First Quarter Since Pandemic With $1.77 Billion
Domestic grosses just topped the first three months of 2023, though they remain 27% below 2019
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Jeff Shell Enters Preliminary Talks for Paramount Exit
The discussions come as the executive is embroiled in a legal dispute with former whistleblower and Vegas gambler R.J. Cipriani
