Film Studios
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CinemaCon Takeaways: Theatrical Roars Back as Studios Show Up With Conviction
Warner Bros is strong; Universal clings to its star directors; Amazon is still a toddler
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Movies
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As Paramount Merger Looms Over CinemaCon, Theater Owners Tout Success in Experimentation
David Ellison’s 30-movie promise was met with skepticism, but exhibitors tell TheWrap a healthier box office is coming from a willingness to try new things
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Movies
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‘Streamflation’ Is Driving Consumers to Their Breaking Point. What Should Streamers Do? | Analysis
As streaming prices continue to rise, experts tell TheWrap that consumer spending on video has plateaued and subscribers are reevaluating what they really need
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Streaming
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AMC CEO Adam Aron Is a ‘Big Believer’ David Ellison Will Make 30 Films a Year at Paramount-Warner | Exclusive
The theater chain exec tells TheWrap he’s confident Hollywood’s output of films will continue to rise and keep the box office’s current hot streak rolling
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James Cameron Bolsters Support for Paramount-Warner Bros. Merger, Says Ellison-Run Mega-Studio ‘Doesn’t Bother Me at All’
“I’m a supporter of it, I know it’s controversial,” the filmmaker says as thousands of industry peers mount a campaign against the deal
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Cory Booker Invites David Ellison to Testify in Antitrust Hearing After Previous Absence
The senator says Wednesday’s hearing is the Paramount Skydance CEO’s chance to share commitments with workers “whose livelihoods depend on whether those promises are kept”
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Pedro Pascal, David Fincher, Florence Pugh Denounce Paramount-WBD Merger in Open Letter as Support Doubles to 2,000 Signatures
“Competition is essential for a healthy economy and a healthy democracy. So is thoughtful regulation and enforcement,” the letter reads
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Disney Layoffs Begin as Company Looks to Create a ‘More Technologically-Enabled Workforce’
CEO Josh D’Amaro says the decision reflects the company’s “continual evaluation of how to more effectively manage our resources and reinvest in our businesses”
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Does Warner Bros. Discovery CEO David Zaslav Deserve His $887 Million Golden Parachute? | Analysis
The sky-high pay package is criticized by financial expert firms, but some say he earned the payout after sending the share price soaring
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Deals & M&A
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Damon Lindelof Warns Paramount-WBD Merger Will Turn Warner Bros. Lot Into a ‘Ghost Town’
“Hollywood, believe it or not, is a blue-collar town … thousands of Grips and Gaffers. Drivers and Decorators. Builders and Boom operators. Camera teams and Caterers. And they’re all about to get f–ked,” he writes
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UK Regulators Ready Investigation of Paramount-Warner Bros. Merger
The regulator is asking for views on how the $110 million deal may impact competition by April 27
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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”
