Film Studios
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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
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How Sonic Gods Studios Plans to Make ‘60 Day Hustle’ the Biggest Business Reality Show in the World
Office With a View: “We want to compete at the highest level with the biggest studios,” Michelle Delamor, Chris Hayman and Adam Horner tell TheWrap
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Business
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How to Get Your Film a Studio Green Light
Trade Secrets: Some of the town’s biggest players share their playbook for getting a movie made
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Movies
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Vice Studios Sets Leadership Team Under President Amy Powell
The global studio appoints Adam Kassan, Cat Lawson and Claire Marshall to new executive positions
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Warner Bros. Discovery Sets Paramount Merger Shareholder Vote
Shareholders of record are set to vote on the $110 billion deal during a special meeting on April 23 at 10 a.m. ET
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Los Angeles County Board of Supervisors Greenlights Economic Analysis of Paramount-WBD Merger
The study will be conducted by the Department of Economic Opportunity, who will report back in 60 days with an interim update and 120 days with final findings and recommendations
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David Ellison Hopes to ‘Build a Stronger Hollywood’ and Save Jobs by Keeping Paramount and WBD Operating Separately
“I firmly believe that uniting Paramount and Warner Bros. Discovery presents a unique opportunity to build a true champion for the creative community,” he writes in a letter to lawmakers
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What Will Happen to Warner Bros. Games Under Paramount?
Experts warn that the publisher behind hits like “Hogwarts: Legacy” and “Mortal Kombat” could suffer a fatality in the name of merger cost cuts
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Deals & M&A
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Netflix Execs Deny Mandated Plot Repeats for Distracted Viewers: ‘So Offensive’
Chief content officer Bela Bajaria and U.S. film and TV bosses Dan Lin and Jinny Howe also address AI, sunsetting staggered show releases and more
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Incoming Disney CEO Josh D’Amaro Outlines Priorities in Note to Staff: ‘We Will Operate as One Disney’
The entertainment giant’s new chief says “great storytelling” and “creative excellence” will remain the company’s north star
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Bob Iger’s Disney Legacy: Less a Creative Visionary, More a Savvy Portfolio Manager
The outgoing CEO cobbled together an impressive collection of powerhouse franchises and empowered them with creative freedom
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Film Studios
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R.J. Cipriani Targets Paramount, David and Larry Ellison’s Trump Relationship in Amended Lawsuit
The media giant says the Las Vegas gambler and whistleblower’s claims of a quid pro quo between the elder Ellison and the president are “entirely without merit”
