Latest Business News
Hollywood Teamsters, IATSE Hold Solidarity Rally Ahead of AMPTP Negotiations: “F—k Around and Find Out”
A coalition of Hollywood’s below-the-line unions rallied Sunday on the eve of their latest contract negotiations. They threatened a historic strike against the Alliance of Motion Picture and Television Producers if their demands weren’t met. Such a work stoppage would follow a pair of strikes in 2023 by industry writers and actors which crippled the […]
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UTA Buys Gen Z-Focused Marketing Firm JUV Consulting
UTA is expanding its marketing division, acquiring JUV Consulting, a company that specializes in connecting brands with Gen Z and youth culture. JUV Consulting and its more than a dozen employees will join UTA’s Entertainment Marketing division, reporting to co-heads David Anderson and Julian Jacobs from offices in Los Angeles, New York and Chicago. Terms […]
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Jenne Casarotto, Talent Agent and Co-Founder of Casarotto Ramsay & Associates, Dies at 77
Jenne Casarotto, who co-founded the London-based global talent agency Casarotto Ramsay & Associates and represented the likes of Tennessee Williams, Stephen Frears, David Hare, Terry Gilliam, Steve McQueen, Neil Jordan and John Madden during her long career, has died. She was 77. Casarotto died Thursday in the U.K. of complications from a short illness, her […]
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Paramount Promotes Lee Sears to President, International Markets Ad Sales
Paramount Global has promoted Lee Sears for the second time in less than a year as it looks to align its domestic and international broadcast, cable and streaming assets to create a global content powerhouse. “As we focus on driving earnings growth, it is critical that we drive commercial profitability across our business, in close […]
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FuboTV CEO Calls Battle Against Planned Sports Super-Streamer “Duel to the Death”
David Gandler, co-founder and CEO of sports TV streamer FuboTV, on Friday hit out at media giants pooling their own sports streaming rights to launch a rival streamer, speaking of “pernicious practices” after bringing a lawsuit against them. “These results are especially impressive given the years-long challenges Fubo has faced as a result of what we […]
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Elon Musk Sues OpenAI and Its CEO, Claiming Their Focus Is to “Maximize Profits for Microsoft”
Elon Musk, the owner and executive chairman of social media giant X Corp., has filed a lawsuit against ChatGPT owner OpenAI and its CEO Sam Altman, alleging the AI company’s alliance with Microsoft has changed its mission from building artificial intelligence systems for the benefit of humanity to corporate profits. “OpenAI, Inc. has been transformed […]
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AMC Theatres Board Adds Former Redbox CFO Sonia Jain
Exhibition giant AMC Theatres is adding more financial expertise to its board as it continues to address debt challenges, saying that it has elected former Redbox CFO Sonia Jain to its board of directors, effective Friday. She will serve as a member of the audit committee of the board. “Jain brings to the board extensive […]
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EchoStar Loses 314,000 Net Pay TV Subscribers in First Earnings Report Post-Merger
Charlie Ergen’s EchoStar lost about 314,000 net pay TV subscribers in the fourth quarter, compared with a loss of 268,000 in the year-ago period and a decline of 64,000 in the third quarter of 2023. The company disclosed late Thursday that it lost around 60,000 Sling TV subscribers in the latest quarter, ending 2023 with 2.06 million […]
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BBC Studios Buys ITV’s Stake in Streamer BritBox for $322M
BBC Studios, the BBC’s commercial content studio and streaming business, is acquiring ITV’s 50 percent stake in BritBox International for $322 million. The deal, announced Friday, will give BBC Studios full ownership of the BritBox streaming platform and values the streamer at $631 million. As part of the agreement, BBC Studios has extended its licensing […]
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Selma Blair Parts Ways With CAA, Publicity Team and Lawyer
Selma Blair is changing up her team. The actress has parted ways with her agents at CAA as well as her publicity team at Narrative, sources confirmed to The Hollywood Reporter. It also appears that she’s made changes to her management and legal reps as well. For years, Blair has been represented by manager Troy […]
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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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Grandview Signs ‘Kidnapping Inc.’ Director Bruno Mourral
Director Bruno Mourral, who debuted his feature Kidnapping Inc. at the 2024 Sundance Film Festival, has signed with Grandview. “We are thrilled to welcome Bruno Mourral to the Grandview family,” said managers Jeremy Platt and Adam Klein. “His visionary talent showcased in Kidnapping Inc. at Sundance left us captivated. With his unique perspective and storytelling expertise, we’re […]
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Bill Weinstein Sues Verve Over His Exit In Lawsuit Seeking Reinstatement as CEO
Bill Weinstein has sued Verve talent agency stemming from his exit after a little more than a year as chief executive, accusing the firm’s leadership of conspiring to oust him in a move to sell the company without cutting him in on the deal. Weinstein, in a lawsuit filed on Thursday in Los Angeles Superior […]
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Dwayne Johnson Now Owns the IP Rights to “Jabroni”
Not only can Dwayne Johnson smell what The Rock is cooking … but he can monetize it now, too. Last month, WWE owner TKO Group Holdings added Johnson to its board of directors. In conjunction with that move, the company also gave Johnson the IP and trademark rights to his WWE stage name: The Rock. […]
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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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The Ruthless Rise and Fall of Paramount Pictures During Hollywood’s Golden Age
“I’ve seen Paris, France, and Paris, Paramount Pictures,” Ernst Lubitsch said, or so they say, “and on the whole I prefer Paris, Paramount Pictures.” The great director’s preference for the Hollywood city of lights over the French one expresses a common enough affinity for illusion over reality, but the studio in question was not chosen […]
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