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Erik Hayden

Executive Editor, Business

More from Erik Hayden

MGM Sold to Amazon for $8.45 Billion in Blockbuster Deal

In a landmark mega deal, Amazon is acquiring MGM Holdings — whose storied studio boasts one of the largest film and TV libraries — in a bid to turbocharge its…

Streaming Giants’ Next Worry: A Subscriber Churn Uptick

Netflix, Disney+ and others gained customers amid COVID-19 lockdowns. But as consumers increasingly leave home, executives’ focus may turn to customer retention.

Endeavor Files to Go Public (Again)

One big difference this time around: The Beverly Hills-based entertainment giant, which disclosed a net income loss of $625 million for last year, isn't in a scorched-earth fight with Hollywood…

Paradigm Agrees to Sell Music Division to Wasserman

The talent firm's roster reps Ed Sheeran, Billie Eilish, Coldplay, Kacey Musgraves, Imagine Dragons and many other top-selling artists.

WME, Writers Guild Agree to Terms as Hollywood’s Bitter Feud Winds Down

Almost 22 months after thousands of scribes parted ways with their reps amid one of the biggest showdowns in recent Hollywood history, all of the town's major agencies have now made peace with the…

Judge Refuses WME’s Bid to End Writers’ Boycott

After its Dec. 22 overture to make a deal was denied by the Writers Guild of America, talent agency WME is claiming that the guild didn't counter its updated proposal before the rejection. 

Writers Guild: No Deal On WME’s Updated Offer, Agency Won’t Get Bonus for “Going Last”

Hollywood's long-running standoff between a top agency and the Writers Guild of America isn't over yet.

WME Offers Updated Proposal to Writers Guild Amid Standoff

WME, the last holdout talent agency that has yet to make a deal with the Writers Guild of America to represent scribes, has submitted a new proposal to the guild. 

MGM Enlists Advisors to Explore Sale (Report)

MGM appears to be getting closer to formally exploring a sale.

WME Restores Pay, Names 25 New Partners

After cutting pay companywide in April, WME's parent firm Endeavor is planning on restoring salaries as of January 2021. The Beverly Hills-based talent agency is also unveiling a slew of new…

CAA Makes Deal With Writers Guild After 20-Month Standoff

CAA and the Writers Guild of America have made a deal to end a 20-month impasse and allow the firm to once again represent scribes. Additionally, the guild says that both sides with withdraw legal…

CAA President: Warner Bros.’ Streaming Bet Will “Dramatically” Impact Clients’ Backend Pay

As Hollywood reckons with Warner Bros.' unprecedented streaming bet — the studio is sending 17 of its films directly to its parent company's service HBO Max in 2021 — talent agency CAA is objecting…