Sony Pictures First Quarter Profit Up 76 Percent to $129 Million
Sony Pictures delivered a standout first quarter for the fiscal year ending June 30, 2025, posting a 76% surge in […]
BUSINESS
Warner Bros. Discovery to Lay Off 10 % of Motion Picture Group Workforce in July 2025
Warner Bros. Discovery (WBD) confirmed that roughly 10 % of staff—about 50 to 60 employees—inside its Motion Picture Group (MPG)
$8 Billion Skydance-Paramount Deal Sets Off Hollywood Power Shift
n an era of mega-mergers and streaming wars, the $8 billion Skydance-Paramount deal has vaulted David Ellison’s Skydance Media from
Sony Sues Tencent Over Horizon: Blockbuster Copyright Battle Rocks the Gaming World
Lawsuit Years in the Making On July 29, 2025, Sony sues Tencent over Horizon in U.S. District Court, Northern District
Santa Fe Studios Sale Puts New Mexico’s Flagship Production Campus on the Market
The Santa Fe Studios sale formally began this week as CBRE listed the 65-acre campus for acquisition. Built in 2011
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Ted Sarandos Positions Netflix at the Cutting Edge of AI-Powered Storytelling
Ted Sarandos used Netflix’s second-quarter earnings call to make a clear distinction: generative AI is first a creative catalyst, second
Trump’s Hollywood Tariffs Cast Shadow Over Czech Film Incentive Push at Karlovy Vary
On Tuesday, ministers Zbyněk Stanjura (finance) and Martin Baxa (culture) left Prague for the 59th Karlovy Vary International Film Festival
HBO Max Rebrand Rolls Out July 9, Restoring Prestige Name to Warner’s Streamer
The HBO Max Rebrand becomes reality at 12:01 a.m. ET on Wednesday, July 9, 2025, when Warner Bros. Discovery (WBD)
Food Stylists Join Writers’ Guild in Ground-Breaking Contract
Garden Slate Productions’ collective-bargaining pact with the Writers Guild of America East has pulled food stylists, culinary producers, culinary assistants
Randall Emmett Clears WGA Strike List With $630K Payment
Randall Emmett is no longer on the Writers Guild of America West’s strike/unfair list. The veteran producer wired $630,000 to
Robert Kyncl Slashes Costs at Warner Music Group in $300 Million Restructuring Drive
Robert Kyncl has unveiled a sweeping plan to trim $300 million in annual expenses at Warner Music Group, telling employees
California’s Bold $750M Bet to Save Hollywood Jobs and Bring Productions Home
Los Angeles may have faced challenging years recently, but a new surge of optimism is in the air for Hollywood
Hollywood South? Texas Expands Film Incentives With $1.5 Billion Boost
Texas is making an aggressive play to become a new entertainment powerhouse with a major expansion of its Texas Film
Indie Film Marketing: How to Stand Out in a Saturated, Algorithm-Driven Market
The streaming era has democratized global distribution but also flooded the market with content, making it harder than ever for
Audience Fragmentation and the New Era of Cinema: Challenges and Opportunities
The global film and media industry is experiencing seismic shifts as audience fragmentation accelerates and content consumption habits rapidly evolve.
California Approves Major Expansion to Film and TV Tax Credit Program
California has officially approved a major expansion to its Film and TV Tax Credit, signaling a powerful move to reclaim
The AI Lawsuit Against Meta: What Creators Need to Know
A federal judge just handed Meta Platforms a pivotal win in the closely‑watched AI lawsuit against Meta filed by comedian‑author
Don Kang: The Netflix Executive Powering K‑Content’s Global Boom Beyond Squid Game
Don Kang may not be a household name like Bong Joon‑ho or Lee Jung‑jae, but within Netflix’s walls—and increasingly across
California Film and TV Tax Credit: 2025 Expansion, Industry Impact, and Why Hollywood Is Lobbying Hard
Overview: What Is the California Film and TV Tax Credit? The California film and TV tax credit is the state’s
U.K. Unveils £75 Million Screen Growth Package: What It Means for Film, TV, and Future Talent
The British government has rolled out a £75 million Screen Growth Package aimed at boosting the nation’s film and television sectors,
Netflix TF1 Deal Signals a New Era for Streaming and Broadcast in France
Overview of the Netflix TF1 Deal The newly announced Netflix TF1 deal will bring live broadcasts and on‑demand content from
Heather Morgan Named Imax’s Head of Global Distribution
A Strategic Shift in Leadership Imax has appointed veteran exhibitor executive Heather Morgan as Imax’s Head of Global Distribution, succeeding
Disney’s AI Lawsuit Opens a High‑Stakes Fight Over Hollywood’s Future
A Long‑Awaited First Shot Eighteen months after The New York Times sued OpenAI, Disney’s AI lawsuit—filed in tandem with Universal
Jay Hoag Faces Uncertain Future on Netflix Board After Shareholder Rejection
Veteran Board Member Submits Conditional Resignation After Failing to Secure Majority Support Jay Hoag, Netflix‘s lead independent director and a
California Assembly Advances Hollywood Tax Incentives Bill Despite Budget Concerns
The California State Assembly has overwhelmingly passed the Hollywood Tax Incentives Bill, a measure aimed at reinvigorating the state’s beleaguered
Video Game Workers Secure Groundbreaking Deal With Microsoft-Owned ZeniMax Media
Tentative Agreement Follows Strike Threat and Two Years of Negotiations In a landmark moment for the gaming industry, video game