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Movie theater shares pop after writers, studios reach tentative labor deal
The AMC 25 and Regal Cinemas on 42nd Street in Times Square in New York. Richard Levine | Corbis | Getty Images Movie theater shares popped on Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers. “The world’s movie theatres can […]
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Hollywood writers and studios get to tentative offer to finish strike soon after nearly 150 times
Writers Guild of America users wander the picket line on the 1st day of their strike in entrance of Amazon studios on Tuesday, Might 2, 2023, in Culver Town, CA. Jay L. Clendenin | Los Angeles Situations | Getty Illustrations or photos Hollywood’s writers and studios have a preliminary labor agreement. Talks between the Writers […]
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Amazon is bringing ads to Prime Video – the ad-free option will cost $2.99 a month extra
Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon‘s Prime Video. The company announced Friday that its streaming service – a part of Prime subscriptions that cost $14.99 a month – will now have limited ads in its TV series and movies. Advertising on Prime Video, known for shows such as “The […]
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Hollywood studios, writers around settlement to conclude strike, hope to finalize deal Thursday, sources say
Users of the Writers Guild of The united states (WGA) and the Display Actors Guild stroll the picket line outside the house of Fox Studios in Los Angeles, California, on August 9, 2023. Film and Television set manufacturing floor to a halt 100 days ago when writers downed their pens, only to be joined on […]
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Live sports are headed to Max, as Warner Bros. Discovery adds a new tier to streaming app
Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021 National League Wild Card game. Robert Hanashiro | USA TODAY Sports Sports are coming to Warner Bros. Discovery‘s streaming app Max. Beginning on Oct. 5, […]
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Right after a 12 months of chaos, CNN bets on new CEO Thompson to concentrate on prolonged-phrase viability
A human being walks past the headquarters of the Cable Information Community (CNN) on November 17, 2022 in Atlanta, Georgia. Brandon Bell | Getty Illustrations or photos When former CNN Chief Govt Officer Chris Licht started off functioning the news business past calendar year, he had a mission from his manager, Warner Bros. Discovery CEO […]
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Writers union will resume strike negotiations with studios this week
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America said Monday that the union will resume negotiations with Hollywood studios on Wednesday […]
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Disney asset sales won’t break the bank, but they will move legacy media forward
Chief executive officer of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Usually when a person or company sells something, the primary motivation is getting back as much money as possible. […]
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Hollywood is paying a steep price for never really figuring out the streaming model
People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly five months, as the industry’s writers and actors rally for […]
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Disney, Charter around deal that would conclusion cable blackout, sources say
SportsCenter at ESPN Headquarters. The Washington Article | The Washington Put up | Getty Images The blackout battle involving cable giant Constitution Communications and Disney seems to be coming to a near. Several hours ahead of “Monday Night time Football,” which airs on Disney’s ESPN, the companies are anticipated to reach a deal that would […]
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