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Latest Business

Twitter to Pay $150M In Settlement With FTC, DOJ for Allegedly Misusing Data

The lawsuit accuses Twitter of violating a 2011 settlement with the FTC over identical allegations.

Promax CEO Steve Kazanjian Steps Down

Stacy La Cotera has been promoted to head up the trade association for entertainment marketing, promotion and design professionals.

Jordan Firstman Signs With WME, IMG Models (Exclusive)

The writer and actor pivoted during the pandemic to producing impressions for Instagram and comes over from ICM.

How the Publishing World Is Muscling In on Hollywood Deals: For Authors, “The Future Is Multihyphenate”

Books and magazine articles have long provided the IP Hollywood depends on, but until recently, authors played little role in the process. Now, lit agencies and publishers are changing the rules and shortening the page-to-screen pipeline.

Midterm Moolah: TV Stations Cash in on Primary Season

State races have been a boon to media giants as total political ad spending, by one estimate, will surpass $8.8 billion this year — that number was $3.9 billion in 2018.

MetaKing Studios Raises $15M in Seed Funding to Accelerate Development of Web3 Strategy MMO Game

Within the player-driven economy of 'Blocklords,' users will be able to own their own hero characters. 

Leonine Acquires Berlin Production Company Hyperbole Medien

The KKR-owned mini-studio has added Bastian Asdonk's banner to its stable of production companies.

Nathaniel Brown Named Chief Corporate Communications Officer of Warner Bros. Discovery

Brown previously led corporate communications for Discovery Inc.

Johnny Depp v. Amber Heard Trial Peels Back Secrecy on Hollywood Decision-Making

Numerous Hollywood insiders have testified in the defamation trial. Most have challenged the perception that negative press played any part in decisions affecting the actors' careers.

Inside Construction of the MSG Sphere, the $1.8B Las Vegas Venue

The Hollywood Reporter was on hand as MSG marked the completion of the exosphere, with execs promising it'd be ready for next year's FIA Formula One World Championship.

iHeartMedia Sees Advertising Growth Ahead Despite Snap Warning

The media giant is also seeing increased demand for its digital audio advertising business, with its podcast segment up 79 percent in the first quarter.

‘WTF With Marc Maron’ Podcast Inks 3-Year Deal With Acast

The company will host, monetize and distribute the hit podcast across all major streaming platforms.