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Warner Bros Discovery, Inc
Warner Bros Discovery scales back music sale as bids fall short
...The setback comes as Zaslav has spent the past year scouring the sprawling Hollywood group — which spans HBO, the Warner Bros movie studio and CNN — to find places to trim debt....
March 31, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery weighs sale of music library to pare debt
...exploring a sale of its music library that could be valued at more than $1bn, according to people familiar with the matter, the latest move by chief executive David Zaslav to reduce debt at the sprawling Hollywood...
January 12, 2023
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Ruchir Sharma
What India needs is more cricket and less Bollywood
...More and more often, Hollywood’s output is upstaging Bollywood’s in India....
August 13, 2023
News in-depthStreaming services
Hollywood braced for new age of austerity after streaming splurge
...An untouchable Hollywood disrupter had been transformed into a punchline. Wall Street’s change of heart over Netflix is now radiating uncertainty throughout Hollywood....
May 19, 2022
Media
Hollywood snaps back into action after actors reach deal to end strikes
...After six months of strikes, Hollywood is buzzing again....
November 10, 2023
News in-depthStreaming services
‘Shakeout has begun’ after $5bn streaming loss for Netflix rivals
...She has held talks about selling the Hollywood studio to Skydance, the production company behind Top Gun: Maverick, people familiar with the matter say....
December 28, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthParamount Pictures Corp
Redstone and Ellison plot complex finale to Paramount family drama
...Skydance, a production company founded and run by David Ellison, is in negotiations with media mogul Shari Redstone to acquire National Amusements (NAI), a privately held cinema company that controls 77...
February 2, 2024
LexNetflix Inc
Streaming wars are over and Netflix won Premium content
...But the real change has come from cost cutting, aided by a writers’ strike in Hollywood that halted productions. While revenue rose 6.6 per cent in 2023, net income rose 20 per cent....
January 26, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery shares dive 19% after warning over debt target
...The television ad market had been “disappointing”, while there was a “real risk at this point” that the labour strike, which has halted TV production, will continue to hurt WBD’s finances in 2024, Wiedenfels...
November 8, 2023
Rana Foroohar
Hollywood’s fight is your fight
...Just as the algorithmic ad market fundamentally changed how people consume and produce news, digital streaming services such as Netflix have shifted the production and consumption methods of Hollywood’s...
July 31, 2023
Leonard Blavatnik
Leonard Blavatnik’s entertainment empire plans media acquisition spree
...He has since invested in dozens of productions in the West End and Broadway, including School of Rock and Hamilton, and will open a production of The Picture of Dorian Gray next year at the Haymarket theatre...
November 19, 2023
News in-depthApple Inc
Apple aims for box office glory with rollout of Martin Scorsese epic
...“Tim has an understanding of the role that watching movies in a theatre plays in our culture,” said Juul, chief executive of Hollywood production company No Fat Ego....
October 20, 2023
FT Magazine
An afternoon on the Hollywood picket line
...Before moving to Los Angeles two years ago, Manohar was acting on Broadway in the musical production of Mean Girls....
August 17, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery saves $100mn as Hollywood strikes keep costs down
...Hollywood actors last month joined screenwriters on the picket line, shutting down TV and film production in the first joint strike in more than six decades....
August 3, 2023
The Big Read
How AI is transforming the business of advertising
...“That could mean a race to the bottom when it comes to production fees.”...
February 11, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Netflix Inc
‘Netflix effect’ returns as studios license old shows to their streaming rival
...The return of licensing deals has coincided with strikes in Hollywood, which halted production of new shows and are expected to delay TV and movie releases well into next year....
October 17, 2023
The Art Market
Rediscovered Rembrandt valued at €15,000 now offered for £15mn
...Other businesses are responding to Georgia’s growing cultural community, notably in film and television production....
October 5, 2023
News in-depthWriters Guild of America
‘It’s highly exploitative’: Hollywood strike pits screenwriters against studios
...It has been an acrimonious start to the first Hollywood strike in 15 years....
May 5, 2023
The Weekend Essay
How will TV’s streaming wars end?
...Reese Witherspoon sold her company Hello Sunshine to Blackstone for $900mn in 2021, for example, and Blackstone-backed Candle Media took a $60mn stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc...
October 7, 2023
News in-depthReliance Industries Ltd
Mukesh Ambani seeks winning edge over Disney in India’s streaming battle
...One Bollywood producer expressed surprise at JioCinema’s rapid rise....
July 3, 2023
LexNetflix Inc
Netflix: password sharing cutback provides shortlived gain Premium content
...In a repeat of the shutdowns that occurred during Covid-19 lockdowns, the Hollywood writers’ strike has stopped production of films and TV shows. That means Netflix will spend less on content....
July 20, 2023
FT Magazine
The FT’s 25 most influential women of 2023
...She’s one of the biggest movie stars on the planet, an Oscar-nominated actress and a producer who runs a production company, LuckyChap, that is quickly becoming one of Hollywood’s biggest....
November 30, 2023
Netflix Inc
Netflix’s password-sharing crackdown pays off with nearly 6mn new subscribers
...The company said it would spend less money this year due to the historic labour strike in Hollywood, which has brought movie and television production in the US to a halt....
July 19, 2023
LexStreaming services
TV shows: record number threatens to overwhelm viewers Premium content
...Hollywood has been frozen by its first writers’ strike in 15 years....
May 11, 2023
Warner Bros Discovery, Inc
Warner Bros Discovery warns of more cost-cutting as revenues slide
...the final stages of its production....
November 3, 2022

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