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