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...Kassan is a well-known Hollywood adviser and has close ties with the media and advertising markets....
...The two sides have resumed discussions and there is hope for an agreement soon, but tempers are flaring across Hollywood....
...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....
...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....
...After six months of strikes, Hollywood is buzzing again....
...Once she gained control of NAI in 2018, most in Hollywood believed Redstone was digging in to run it for years....
...“This is more useful for Hollywood in general than advertisers,” he said....
...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....
...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....
...Since the Federal Reserve began raising interest rates in 2022, Wall Street has become sceptical of Hollywood’s growth-orientated streaming revolution and is focused on profits....
...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....
...Few industries are as dependent on intangible assets as Hollywood....
...Hitting the final incentive — a little more than doubling Hertz’s share price over five years — would have unlocked stock worth at least $498mn....
...He says the post-picket meetings in West Hollywood bars have made him feel part of a bigger community of writers....
...Exactly why Apple is going so heavily into the traditional film business is a hot topic in Hollywood....
...This week we take a look at a Hollywood investment into Renault’s F1 racing outfit, and bring you the inside track on Nike’s changing approach to big chain retail....
...Over on mainFT, Christopher Grimes reports: Transparency on streaming services was a central issue during this year’s Hollywood strikes....
...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....
...private equity executive connected with Toshiba, should be “required reading” for any investor looking at the Japanese market in the belief that billions of dollars worth of trapped value can easily be unlocked...
...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....
...But the true potential of immersive tech is still to be unlocked, as developers grapple with the challenges of miniaturisation, design and making different hardware and software interoperable....
...For further reading: Well, actually: Our ‘Dumb Money’ movie review Dumb Money film review —GameStop short-selling comedy hedges its bets GameStop: from YouTube to Wall Street to Hollywood in Dumb Money...
...US private equity group Silver Lake is considering taking Endeavor Group private, with a potential deal for Ari Emanuel’s Hollywood talent agency that would be one of the year’s largest buyouts....
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