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Lance Frank Named Head of Communications for CBS News, Stations & Media Ventures
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Business
Lionel Messi to Launch His Own Production Company
The footballer is setting up 525 Rosario, a Miami and Los Angeles-based banner that plans to tackle film, TV and branded commercial content.
By Erik Hayden -
Business
Movie Theater Chains Put $2.2B Bet on Box Office Rebound With New Upgrades
North American theater owners unveiled plans for fresh capital investments over three years to draw moviegoers out of the house with a more premium experience at the local multiplex.
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Business
Amazon Prime Video and MGM Studios Join Motion Picture Association
Amazon joins Paramount Pictures, Sony Pictures, Universal Studios, The Walt Disney Studios, and Warner Bros. Discovery, and Netflix in the entertainment policy group.
By Alex Weprin
Latest Business
Judge Dismisses Sex Trafficking Lawsuit Against James Dolan
A lawsuit against James Dolan from his former massage therapist, who advanced sex trafficking claims and accused him of orchestrating an encounter with Harvey Weinstein that led to a sexual assault, has been dismissed. In the complaint filed in January in California federal court, Kellye Croft said she met Dolan in 2013 as an employee […]
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Who’s Really Going to Run Paramount?
The deal that is expected to install Skydance chief David Ellison as chairman, CEO and hopefully savior of Paramount Global is a labyrinth of entities, trusts and transactions. Also potentially complicated, assuming the deal closes sometime next year, is the question of control. Skydance sources say 41-year-old David will select the board and run things […]
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TelevisaUnivision CEO Wade Davis Exits Role, Daniel Alegre Named New CEO
TelevisaUnivision is getting a new CEO. The Spanish-language media giant says that Wade Davis is stepping aside as chief executive of the company, shifting to a new role as vice chairman of the board. Daniel Alegre, the former president and COO of Activision Blizzard and CEO of Yuga Labs, will become CEO effective Thursday Sept. […]
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Warner Bros. Discovery Adds John Malone’s Nephew Daniel Sanchez to Board of Directors
Warner Bros. Discovery is expanding its board of directors. The entertainment company says that Daniel Sanchez will join its board beginning Oct. 1. Sanchez is no stranger to Discovery shareholders, as he previously served on the Discovery board before the 2022 WarnerMedia merger that created the current company. He is also the nephew of fellow […]
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Teamsters Decline to Endorse Any Presidential Candidate for First Time In Decades
For the first time since 1996, the International Brotherhood of Teamsters is declining to make a U.S. presidential candidate endorsement. The 1.3 million-strong union announced the long-awaited decision from its general executive board on Wednesday. Alleging that both Republican candidate Donald Trump and Democratic candidate Kamala Harris had failed to make “serious commitments to our […]
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Bell Media Sells Minority Stake in Maple Leaf Sports & Entertainment for More Than $3B
Canadian phone giant BCE Inc. has inked a deal with rival telecom and cable TV giant Rogers Communications to sell its 37.5 percent stake in Maple Leafs Sports Entertainment for CAN$4.7 billion (US$3.46 billion). The deal takes Rogers’s majority stake in MLSE, which includes the Toronto Maple Leafs and Toronto Raptors pro sport teams, to […]
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SmartLess Media’s Next Podcast Bet: A Soccer Pod, ‘GoalLess’ (Exclusive)
The SmartLess Media team have found their next podcast bet: A soccer show called GoalLess, which will feature a lighthearted format “that highlights the passion, personalities, and pitch drama that make soccer beautiful.” Comedian Russell Howard and soccer broadcaster Chris Wittyngham will co-host the podcast, which launches on Thursday, Sept. 19. SmartLess Media, Meadowlark Media […]
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Sports Shocker: Adrian Wojnarowski to Retire From ESPN
In a sports world shocker, ESPN’s lead NBA insider Adrian Wojnarowski will retire from the sports giant — and from the news business altogether — to lead the basketball program at his alma mater St. Bonaventure. Woj, as he is known, was ESPN’s basketball scoop machine, breaking news about trades, injuries and signings before anyone else, […]
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Netflix Co-CEO Ted Sarandos Calls on Competitors to Release Viewership Numbers
Netflix co-CEO Ted Sarandos is asking other streaming competitors to release their viewership numbers. At a Fast Company conference in Manhattan Wednesday, Sarandos spoke to some of the pushback from writers and actors during the strikes, including the fact that they did not have access to viewership numbers for their show. Netflix is scheduled to release […]
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MrBeast’s Amazon Reality TV Series Hit With Class Action Lawsuit Over “Toxic Work Environment”
MrBeast’s production arm has been sued by contestants of the upcoming Beast Games reality competition show, who allege they were subject to abusive working conditions. Five unnamed contestants, in a proposed class action lawsuit filed on Monday in Los Angeles Superior Court, say they were paid insufficient wages and deprived of proper medical care, food […]
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YouTube Plans Major Revamp of TV App After Overtaking Netflix, Streaming Rivals (Exclusive)
YouTube is planning a major revamp of its connected TV app, adding new functionality and an entirely new look in a bid to defend its lead in streaming from other streaming platforms like Netflix, Max, and Disney+. The company announced its plans at a Made on YouTube event in New York Wednesday. The new TV […]
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Lionsgate Inks Deal With AI Firm to Mine Its Massive Film and TV Library
In a significant move, Lionsgate and the video-focused artificial intelligence research firm Runway have inked a deal that will see Runway train a new generative AI model on Lionsgate content, and will see the entertainment company use the tech as it produces future film and TV projects. While details are scarce, the companies say that […]
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