More from Caitlin Huston
Disney Grandchildren Back Bob Iger in Board Seat Fight With Nelson Peltz
The grandchildren of Walt Disney and Roy O. Disney are voicing their support for Bob Iger in his board seat battle against Nelson Peltz. Two separate letters were sent to shareholders Thursday from each set of grandchildren, including Abigail Disney, who has been outspoken against recent Disney practices. In the letter from grandchildren of Roy […]
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Sarah van Mosel Returns to SiriusXM as Podcast Strategy Executive
Sarah van Mosel is returning to SiriusXM in the newly-created position of senior vice president of podcast strategy. In the role van Mosel will be charged with creating “a targeted podcast acquisition strategy as well as source and attract up and coming new talent to the SiriusXM Podcast Network,” according to a memo sent to […]
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Podcasts Drive Revenue As iHeartMedia Looks for Broader Ad Market Recovery
Podcast revenue at iHeartMedia continued to grow in its fourth quarter, reaching $132 million for the quarter, up 17 percent year-over-year. The increase, which the company attributed to continued increases in demand for advertising in the medium, drove the 6 percent increase in revenue for the digital audio group, which contains podcasting – without it […]
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Taylor Swift, Beyoncé Drove “Literally All” of AMC Theatres’ Quarterly Revenue Increase
AMC Theatres beat Wall Street expectations, reporting fourth-quarter revenue of $1.10 billion, up from $990.9 million in 2022 and a net loss of $182 million, compared to a net loss of $287.7 million in 2022. For the full year, the theater chain reported total revenue of $4.8 billion, up from $3.9 billion in 2022. Net […]
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Netflix Becomes Broadway Producer on Peter Morgan’s ‘Patriots’
Netflix has joined as a producer of the stage play Patriots, marking the media giant’s first Broadway producing credit. The play, which is written by Peter Morgan, creator of the Netflix series, The Crown, is set in 1991, after the fall of the Soviet Union, and follows a Russian billionaire, Boris Berezovsky, trying to recruit […]
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How AMC Networks Thinks About Licensing and Developing Content for Other Buyers
The television industry is at the beginning of an era that can be termed “the great rebundling,” said AMC Networks CFO Patrick O’Connell. Speaking at a J.P. Morgan conference on Tuesday, O’Connell pointed to the Disney-Charter deal as a model for streaming services moving forward. He argued with more bundling, and more ad-supported linear networks […]
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Sandra Oh to Star in Off-Broadway Play ‘The Welkin’
Sandra Oh will appear in the Off-Broadway premiere of The Welkin, written by Lucy Kirkwood at Atlantic Theater Company this spring. Oh, known for her starring roles in Grey’s Anatomy and Killing Eve, among many others, has previously appeared on the New York stage in Off-Broadway productions including Satellites, Stop Kiss and Wild Goose Dreams. […]
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Musicians, Studios Reach Tentative Deal On Contract With Streaming Residuals, AI Gains
The American Federation of Musicians has reached a tentative agreement with the Alliance of Motion Picture and Television Producers as of Friday. The agreement, which concerns basic theatrical motion picture and basic television motion picture contracts, comes with “historic breakthroughs” on streaming residuals and protections against AI, according to AFM. The agreement is unanimously recommended […]
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Live Nation Says Concert Attendance Rose 20 Percent Year-Over-Year as Revenue Soars
Live Nation said it had its biggest year ever in 2023, in terms of both ticket sales and attendance. For the full year, the entertainment giant, which also owns Ticketmaster, said concert attendance was up 20 percent compared to the prior year, with more than 145 million fans attending more than 50,000 events. Ticketmaster sold […]
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Courtney Holt Joins Candle Media’s Moonbug Entertainment As Music Exec
Former Spotify and Disney executive Courtney Holt will join children’s media company Moonbug Entertainment as its first global head of music and strategic audio initiatives. The British company, which is part of Candle Media, creates and distributes popular children’s media, including the YouTube channel for Cocomelon and the series Blippi. Holt will help build Moonbug’s […]
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Ella Beatty to Take Over Elle Fanning’s Role in ‘Appropriate’ on Broadway
Ella Beatty will replace Elle Fanning in Appropriate when it transfers to the Belasco Theatre. A Juilliard grad, Beatty is currently appearing in Ryan Murphy’s FX series Feud: Capote vs. The Swans as Kerry O’Shea. She will next appear in the A24 film, If I Had Legs I’d Kick You with Rose Byrne and A$AP […]
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Kevin Hart’s Hartbeat Names Jay Levine as CEO
Former Warner Bros. executive Jay Levine will lead Kevin Hart’s entertainment company as its new chief executive officer. Levine takes over the position at Hartbeat from Hart, who had been serving as interim CEO since Thai Randolph stepped down in November 2023. Levine comes to the position after leading strategy and operations for the WarnerMedia […]
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