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Starz & BritBox Launching New Bundle, Lionsgate On Track To Split By Year End, CEO Says After Mixed Earnings Report
Starz and BBC Studios' BritBox will come together on a new bundle next quarter as streamers big and small continue to pair up, Lionsgate CEO Jon Feltheimer said Thursday.
Starz's strong core demos "make it a bundling partner of choice," he added on a call after the company reported earnings for the…
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3 Comments Comment on Starz & BritBox Launching New Bundle, Lionsgate On Track To Split By Year End, CEO Says After Mixed Earnings Report
Paramount Co-CEOs Say Talks Heating Up On Streaming Partnerships, Asset Sales Ahead Of Skydance Merger
The Paramount Global-Skydance merger is on track to close in the first half of 2025 and “in the meantime, the Skydance and Redbird teams support our strategic plan and we are continuing to operate business as usual," said Chris McCarthy — who runs Paramount with Brian Robbins and George Cheeks — on a call…
Paramount Takes $5.98B Write-Down At Cable Networks Ahead Of Skydance Deal In Latest Big Media Damage From Linear TV
Paramount Global has taken a massive hit to earnings, booking a nearly $6 billion write-down as part of its second-quarter earnings, a day after Warner Bros. Discovery reported an even bigger charge.
Both impairment charges to bring each to bring their carrying value for linear television assets…
Paramount Pictures’ Chris Aronson To Receive Inaugural Career Achievement Award From Variety The Children’s Charity
Chris Aronson, Paramount Pictures' president of domestic distribution, will be presented with the Career Achievement Award by Variety the Children’s Charity of Southern California for "his exemplary work in supporting and championing children, youth, adults, and families in need."
"Chris is an…
Netflix Sets Second Big & Loud Film Series At NYC’s Paris Theater
Netflix’ Paris Theater, NYC's longest-running arthouse and Manhattan's sole single-screen cinema, is marking one year since reopening with the return of screening series Big & Loud.
Special presentations include a new 70mm print of Alfred Hitchock's Vertigo screening for the first time in New York…
Warner Bros. Discovery Shares Plunge To New Low After Earnings, Write-Down
Shares of Warner Bros. Discovery fell sharply this morning, touching all time lows well under $7 after disappointing quarterly earnings after market close yesterday that included a massive write-down at its networks division.
The stock fell to $6.73, a low. It’s trading down more than 12% at $6.76…
Trafalgar, Mercury Studios To Release Paul McCartney And Wings Documentary ‘One Hand Clapping’
Trafalgar Releasing and Mercury Studios have set a September 26 release for documentary One Hand Clapping, an opportunity for audiences to step back in time to 1974 with Paul McCartney and Wings.
The behind-the-scenes look delves into the making of the acclaimed One Hand Clapping album featuring rare…
Endeavor Looks To Sell OpenBet, IMG Arena Ahead Of Silver Lake Transaction
Endeavor is actively marketing the assets of its Sports Data & Technology segment, namely sports betting companies OpenBet and IMG Arena, as of the second quarter. The company led by Ari Emanuel had previously signaled plans to divest some of its businesses — outside of TKO Group and representation — as…
TikTok Debuts New Tool For Hollywood To Drive Engagement, Says “Studios Will Never Miss Another Opportunity”
TikTok today unveiled TikTok Spotlight, a new suite of tools for entertainment marketers to tap into its ecosystem.
The immensely popular social media app calls Spotlight a promotional solution that drives community engagement and makes it easier for studios to harness around upcoming releases and…
New York Film Festival Sets Luca Guadagnino’s ‘Queer’ As Spotlight Gala
The New York Film Festival said Luca Guadagnino's Queer will be the Spotlight Gala of the 62nd New York Film Festival, making its U.S. premiere.
The adaptation of William S. Burroughs's novel, scripted by Justin Kuritzkes, stars Daniel Craig, Drew Starkey, Jason Schwartzman, Lesley Manville, Michael…
Warner Bros. Discovery’s David Zaslav Plays Defense On NBA Loss, Deal Speculation
Warner Bros. Discovery CEO David Zaslav, CFO Gunnar Wiedenfels and JB Perrette, head of streaming and games, faced down skeptical media analysts Tuesday after losing the NBA and reporting a second quarter mostly below Wall Street forecasts and with a massive write-down stemming, in great part, from what…
Warner Bros. Discovery Takes Massive $11.2 Billion In Write-Downs & Charges In Q2 After Losing NBA
Warner Bros. Discovery is taking a hefty non-cash impairment charge, or write-down, of $9.1 billion at its networks division to align the book value of its linear television business with the reality of uncertain advertising and sports rights renewals as the NBA is set to move on.
The value of the…
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