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Golf World Stunner: PGA Tour to Merge With Saudi-Backed LIV Golf League
In a stunning turn of events, the PGA Tour will merge with its Saudi-backed startup competitor LIV Golf, creating a global for-profit golfing powerhouse. The deal will create “a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players,” per […]
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SAG-AFTRA Members Authorize Strike: Nearly 98 Percent Vote for Work Stoppage
The members of Hollywood’s largest union have given the green light to their negotiators to call a strike if deemed necessary in upcoming labor negotiations. Nearly 98 percent of members of performers’ union SAG-AFTRA voted to authorize a strike in a referendum that lasted a little over two weeks and concluded Monday evening. (SAG-AFTRA did […]
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South Korea’s Beyond Music Raises $170M for More Catalog Acquisitions
South Korean music investment firm Beyond Music has added $170 million to its war chest for buying rights to evergreen Asian music. The firm, which was founded in 2021, says the latest funding round brings Beyond Music’s total amount of capital raised to nearly $400 million. It will use the fresh capital to further build […]
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Peter Meyer, Manager and Former William Morris Agent, Dies at 68
Peter Meyer, who represented the likes of Tom Hanks, James Caan and William Shatner as a talent agent at William Morris before spending the past three decades leading his own management firm, has died. He was 68. Meyer died May 14 in his Los Angeles home after a five-year battle with sarcoma, his sister, writer-producer […]
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How the Writers Strike Is Reshaping the Market for Reality TV Buyers
As Hollywood braces for a potentially long writers strike, Canadians can expect even more reality TV fare beyond popular series like The Voice and Survivor dominating screens in the fall. That’s because private Canadian broadcasters astride a giant U.S. TV market have primetime grids that, where possible, mirror those of the U.S. networks to […]
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Can a Phrase That Trolls Trump Be Trademarked? The Supreme Court Will Decide
Is it possible to register a trademark that criticizes a political figure using their name without that person’s consent? Federal law says no, but that may soon change thanks to a legal fight involving the size of former President Donald Trump’s hands. The Supreme Court on Monday said it will decide whether a California lawyer […]
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Apple Unveils Hotly Anticipated Headset: The Vision Pro
The Apple headset is coming, and it’s called the Apple Vision Pro. Apple on Monday entered a new category of interest to Hollywood: The virtual reality/augmented reality space, and the Apple Vision Pro is the company’s first product in that sector, as well as the first entirely new product category in nearly a decade. The […]
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CNN Chief Tells Staff “I Should Not Be in the News” After “Meltdown” Magazine Profile
Forty-three years ago last week, CNN launched as an ambitious attempt to revolutionize TV news. Now it’s at the center of the media universe, and looking to redefine itself once again. While CNN’s launch on June 1, 1980, was marked by celebration, the experience in 2023 was, in the words of one former CNN journalist, […]
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Regal Cinemas, National CineMedia Sign New Long-Term Deal
National CineMedia has signed a new longterm deal with Regal Cinemas, one of its founding partners, in the latest sign both companies are moving towards restructuring their struggling businesses in a recovering exhibition sector. Terms of the new 10-year exhibitor service agreement were not disclosed, but the deal will see NCM continue to exclusively offer on-screen […]
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Netflix’s ‘Wednesday,’ HBO’s ‘The Last Of Us’ on YouTube’s List of Top 10 Ads for 2023
What makes for a successful commercial on YouTube? It helps to be a streaming service. On Monday, the Google-owned video platform released its 2023 Ads Leaderboard, which highlights the top 10 ads that have streamed on the platform in the last 12 months. And just like last year’s list, it helps to have some star […]
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Rachel Maddow Expands Her NBCUniversal Podcast Empire With New Show: “Déjà News” (Exclusive)
MSNBC’s Rachel Maddow is expanding her burgeoning podcast empire with another new show set to debut Monday, June 12. The podcast, Rachel Maddow Presents: Déjà News, will be a six-episode limited series in which Maddow and longtime Rachel Maddow Show producer Isaac-Davy Aronson explore news stories from the past that have notable parallels with the present. Each […]
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Spotify to Slash Podcast Workforce, Combine Parcast and Gimlet Studios in New Round of Cuts
Music streaming giant Spotify is making a new round of cuts to its podcast division following a broad round of layoffs in January and job cuts in October. In a memo to staff Monday morning from Sahar Elhabashi, the head of Spotify’s podcast unit, the company said that it would be reducing its workforce by about […]
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Anders Jensen Out at Viaplay as Scandi Streamer Struggles
Anders Jensen has stepped down as CEO of Scandinavian media group Viaplay after a lousy quarter that saw advertising sales slump and subscriber figures dip. Jensen, who is credited with Viaplay’s aggressive move into original production and a streaming-first focus at the Nordic company, is leaving after five years as CEO and will be replaced […]
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Directors Guild Reaches Tentative Deal With Studios and Streamers
After less than a month of negotiations, the Directors Guild and Hollywood’s top studios and streamers have struck a tentative deal on a new three-year labor contract. The agreement between the union and the Alliance of Motion Picture and Television Producers (AMPTP) includes gains in wages and benefits, streaming residuals, AI protections and more. (Full […]
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Jemele Hill Seeks New Home for ‘Unbothered’ Podcast As Spotify Exclusive Deal Set to End
Jemele Hill is looking for a new home for her podcast, Jemele Hill Is Unbothered, as she prepares for her Spotify contract to end later this summer, according to people familiar with the matter. Hill has been an early fixture in Spotify’s podcasting strategy, having hosted Jemele Hill is Unbothered exclusively on Spotify since 2019. […]
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BuzzFeed Receives Nasdaq Delisting Notice After Poor Stock Performance
BuzzFeed has until Nov. 27 to improve the performance of its stock or risk getting delisted from Nasdaq, according to a Friday filing with the Securities Exchange Commission. The media company received a notice from Nasdaq on Wednesday warning that for the past 30 business days, the bidding price for BuzzFeed’s common stock has closed […]
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