After 148 days of tense negotiations, long picket lines, and stalled production, the leadership for the Writers Guild of America WGA on Tuesday voted to officially end the Hollywood writers strike on Wednesday at 12:01 a.m. PT, ending the second-longest walkout in WGA history.
In a letter to WGA members sent Tuesday, WGA leadership confirmed that its negotiating committee, and the leadership bodi…See more
Streaming platforms go through changes constantly of what there lineup will be, picking and choosing which shows (scripted and unscripted) get renewed and which shows get axed.
From 2020 to Auguest 2023, data shows about streaming cancellation rates that:
• The 8 major streaming platforms (Amazon Prime Video, Apple TV+,
Disney+, Hulu, Max, Netflix, Paramount+, NBC’s platform) had a combined aver…See more
After the success of #Barbie, which grossed $162 million domestically, Mattel $MATexecs are planning on its on cinematic universe with 14 titles already in development:
• Polly Pocket
• Hot Wheels…See more
Moody's Investors Service warns that movie theater operators are the most vulnerable to the ongoing writers' and actors' strike.
Unlike TV networks and streamers, theaters heavily rely on new releases, and if the strikes continue, they might face a shortage of fresh content. The COVID economy's horror show already impacted theater companies like AMC, Cineworld, and Imax, and a prolonged strike c…See more
The inclusion of AI in the development of the "Secret Invasion" opening credits has sparked controversy among social media users.
Many viewers expressed their concern that AI's involvement may have led to job losses for human animators and graphic designers. Disney $DIS, the parent company of Marvel Studios, has been progressively utilizing AI in various projects, with a notable instance being th…See more
Warner Bros. Discovery $WBDis set to combine HBO Max and Discovery+ under one streaming service.
Announced during Warner Bros. Discovery’s Streaming Press Event, the new platform called "Max," will launch May 23rd, 2023 and have 3 pricing tiers
• Ads - $9.99/month
• Ad Free - $15.99/month
• Ultimate Ad Free (4k UHD content) - $19.99/month…See more
Well the seismic shifts at the mouse house have begun, #entertainment fans.
Today $DISand CEO Bob Iger announced massive changes and restructurings to Disney, in a expected change to fix mistakes made by former CEO Bob Chapek. 😁
First, Disney has dismantled the Media and Entertainment Distribution division and reorganized Disney into three core groups, Entertainment, ESPN and Disney Parks, Experi…See more
At your next visit to AMC Theaters, getting a prime seat may cost you a little extra.
On Monday, the company announced a new ticket price initiative called Sightline at AMC that sets the price of tickets in a theater based on the seat's location.
“Sightline at AMC more closely aligns AMC’s seat pricing approach to that of many other entertainment venues, offering experienced-based pricing and an…See more
It's the end of an era on broadcast TV.
The CW most notable for shows like Supernatural, The Vampire Diaries Universe, the Arrowverse shows, Charmed, and dozens of other shows is being sold to Nexstar Media Group $NXST. 🥺
Under the terms being discussed, Nexstar would acquire 75% of the CW, a broadcast network aimed primarily at teens and young adults, with current owners Paramount $PARA…See more
Got some juicy news about shakeups at Disney $DISIt's being reported that Peter Rice, chairman of Disney’s entertainment and programming division, is exiting the company. Sources told THR, embattled Disney CEO Bob Chapek summoned Rice to his office Monday and relieved him of his duties. The CEO, who took over for Bob Iger last year, is said to have felt that Rice was no longer a fit.
Chapek told…See more
Bad news with Shanghai Disneyland closing again but if you zoom out and look at the DTC growth ahead knowing eventually we will be past all these closures of parks and the parks business will be bigger then ever with domestic parks showing 40% increased spending per capita and the addition of new cruise ships coming online - Disney looks expensive today but will looks so cheap if you model out for the long run once all businesses are back to full capacity with a thriving Streaming business. #Disney#entertainment#streaming#growth#longterm$DIS