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Social Media Giants to Top Creators: Your Terms of Service Have Changed
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Business
Netflix Ad Push Has Echoes of Its DVD-by-Mail Era
The streamer’s plan to enter the advertising market recalls its early days, but will the company change its culture and embrace data transparency to be competitive in the modern era?
By Alex Weprin -
Business
Warner Bros. Discovery Has Bigger Problems Than Its DC Search
The film studio’s hunt for its own Kevin Feige may be complicated by key questions about what’s next for the heavily indebted company — and whether another major deal is on the horizon.
By Kim Masters -
Movie News
Summer Box Office Soared, But Now What?
Moviegoing is recovering as consumers embrace a diverse slate of films. However, volatility is showing this fall as studios and exhibitors search for a new normal.
Latest Business
Lionsgate to Focus on Spinoff of Studio Business, Rebrands Starz Outside of U.S.
Lionsgate has decided to focus on spinning-off its studio business as it renames its StarzPlay streaming platform as Lionsgate+ in 35 markets outside the U.S. “Despite the volatile market environment, Lions Gate Entertainment Corp. remains on a path to separating our Starz and studio businesses. As negotiations progress, we have increased our focus on the […]
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Social Media Giants to Top Creators: Your Terms of Service Have Changed
As creators increasingly diversify their presence across all major social platforms, companies like YouTube and Twitch are rewriting the rules around revenue sharing and rethinking just how generous they should be with their content partners. On Sept. 20, YouTube, led by Susan Wojcicki, unveiled a series of creator-driven announcements, including a plan to bring its “secret […]
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Kevin Mayer Defends Candle Media’s Acquisition Approach: “We Did Not Overpay for Hello Sunshine”
Kevin Mayer shrugged off the “valuation haters” and offered insights into the big-ticket investment strategy behind his fast-growing entertainment startup Candle Media Wednesday during an appearance at the APOS media summit in Singapore. “We did not overpay for Hello Sunshine,” Mayer said flatly, defending his company, which he co-heads with Tom Staggs, from one persistent […]
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WWE Expands Exclusive Deal With Foxtel in Australia
Sports entertainment company WWE has extended and expanded its long-running relationship with Australian pay TV giant Foxtel Group with a new TV and WWE Network rights deal unveiled on Tuesday that makes Foxtel the exclusive destination for WWE in the country. Rupert Murdoch’s News Corp owns a 65 percent stake in Foxtel, with Australian telecom […]
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Disney World and Universal Orlando Set to Close as Hurricane Ian Nears Florida
In a rare move, Walt Disney World and Universal Orlando will shut down this week, in preparation for landfall by Hurricane Ian, which is expected to make landfall on the west coast of Florida as a major hurricane. Both Disney World and Universal Orlando say that they will close on Wednesday, Sept. 28, and Thursday, […]
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‘Phantom of the Opera’ Sees Box Office Jump After Broadway Closing Announcement
There’s nothing like a closing announcement to generate business. In the week after announcing its Broadway closure, The Phantom of the Opera saw its grosses jump close to $250,000 and saw its capacity reach just over 100 percent, the highest capacity at the production in more than a year. The average ticket price also crept […]
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Technicolor Lists VFX, Animation and Games Division as Stand-Alone Company
Technicolor Creative Studios — the visual effects, animation and gaming division of Technicolor — was listed and began trading this morning as a stand-alone company under the symbol TCHCS on Euronext Paris. Trading opened at €1.9539 per share (roughly $0.96 USD). According to the company, 65 percent of its shares were distributed to Technicolor shareholders. The remainder […]
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Former MoviePass Execs Sued by SEC
As MoviePass works toward a relaunch under new leadership, the SEC is taking action against three former execs for alleged federal securities law violations in connection with the previous iteration of the service. The SEC on Monday filed a complaint against Ted Farnsworth, Mitch Lowe and Khalid Itum in New York federal court. Farnsworth was […]
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Roku’s New Top Salesman, Charlie Collier, Has a Big Task Ahead
Charlie Collier may be able to help Roku do more with less. That appears to be the strategy, as the former Fox executive joins Roku in October to lead its advertising and content business. The mere fact of his hiring suggests the company is making a bigger push into the streaming space in order to […]
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NFT Artist Diana Sinclair Signs With UTA, Sets Auction at Christie’s
Diana Sinclair, a leading visual artist in the Web3 space, has signed with UTA and is set to auction off nine of her NFTs at Christie’s beginning this week. Sinclair, 18, was recognized by Fortune as one of the top 50 most influential people in the NFT space alongside artists like Beeple. Her work focuses […]
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Amazon Music Inks Star YouTube Podcaster MrBallen to Exclusive Content Deal
John Allen, the former Navy SEAL and rising podcast star known as MrBallen, has struck a wide-reaching content deal with Amazon that will see his hit podcast become available exclusively on Amazon Music beginning on November 1. With Allen, Amazon will have another true-crime star in its growing stable of podcasts, which includes Jason Bateman, […]
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ITV CEO Previews Launch of Its Free Streaming Service As Disney, Netflix Ready Ad-Tiers
U.K. TV giant ITV said the fact that Netflix and Disney+ are preparing advertising tiers could expand the broader ad market and “is kind of about how powerful TV is,” CEO Carolyn McCall said on Tuesday in London. “We will have to monitor very carefully,” she added though. Speaking at the Royal Television Society (RTS) […]
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