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...Hollywood heavyweights line up behind Skydance Some of Hollywood’s biggest names have entered the frame as the battle for legendary media company Paramount drags on....
...Talent agency UTA has parted with veteran Hollywood power broker Michael Kassan, sparking a bitter legal battle over differing allegations about the use of a $950,000 “special expenses” fund....
...Emanuel, a Hollywood “superagent” and chief executive of the company that owns the WME talent agency and controls TKO Group, said Ellison was “a natural acquirer” of the company....
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
...The public clash between the two superagents comes as their agencies are suffering following nearly six months of strikes that have brought Hollywood to a standstill....
...Netflix struck an optimistic note about the health of its business, marking a sharp contrast with legacy Hollywood studios suffering from steep declines in linear television and heavy streaming losses....
...Apollo has also been circling Paramount for several months and had made an offer to buy the group’s Hollywood studio for $11bn, two people briefed on the matter said....
...While many big names in Hollywood are supportive of the merger, investors are bubbling with rage....
...After six months of strikes, Hollywood is buzzing again....
...’s Hollywood strikes....
...Ted Sarandos, Netflix co-chief executive, acknowledged on Tuesday that the company’s “lack of data and lack of transparency” had created an “environment of mistrust” in Hollywood....
...The model that some of ByteDance’s US investors are evaluating is similar to Shari Redstone’s National Amusements, which controls Paramount despite having a stake in the Hollywood media company of only about...
...“The Hollywood sign and this building are the most iconic symbols of Hollywood, and they both just celebrated their 100th anniversary,” he says. “What is Hollywood without its icons?”...
...She has held talks about selling the Hollywood studio to Skydance, the production company behind Top Gun: Maverick, people familiar with the matter say....
...One thing to start: Disney is making a $1.5bn investment in Epic Games, the group behind Fortnite, in a move that is expected to be the Hollywood company’s largest move into gaming so far....
...tough advertising market and the lingering impact of the Hollywood labour strike....
...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....
...The most-frequently aired concern when it comes to Hollywood’s current labour strikes seems to be the risk of missing new episodes of our favourite shows....
...to the survival of a way of life in Hollywood....
...“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....
...Do read on — Samuel Agini, sports business reporter F1’s Alpine brings in storytelling consortium Hot on the heels of Wrexham’s fairytale promotion back to the English football league, Hollywood duo Ryan...
...Over on mainFT, Christopher Grimes reports: Transparency on streaming services was a central issue during this year’s Hollywood strikes....
...As the Federal Reserve has raised interest rates over the past year, Wall Street has become sceptical of Hollywood’s growth-orientated streaming revolution and is focused on profits....
...US cinema owners have suffered from an 18 per cent drop in box office returns so far in 2024, and last year’s Hollywood strikes are expected to result in a weaker slate of films and lower ticket sales....
...Frederick said he thought Instacart had done a good job of improving its profitability in recent years, though he cautioned that the company could be exposed if inflation remains high or the economy enters...
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