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CCharles D. King’s MACRO Raises $150M & Closes Credit Facility To Produce Film And TV Projectsby Anita Busch

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Universal Names Ben Braun As CFO Of Brand Development; Santiago Capdepont SVP, Head Of Operations

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Universal Brand Development has announced changes to their executive leadership team. Former SVP of Strategic Planning is Ben Braun is joining the Brand Development team as Chief Financial Officer while Santiago Capdepont is stepping into the newly created role of SVP, Head of Operations for Brand Development transitioning from his current role as SVP of Finance and Strategic Planning. Braun will be responsible for managing the financial planning and analytics team… Read

Yahoo Triples Estimate Of Hacked 2013 Accounts To All Of Its 3 Billion

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The 2013 cyberattack on Yahoo was bad enough at the time, with the company saying that one-third of its users were affected. The result, as with the mounting number of such incidents: a flurry of panicked users changing passwords, complaining to authorities and regulators or ditching the service altogether. Today the company, now controlled by Verizon, admitted that the problem was actually three times as severe. Based on an investigation, it tripled the original estimate… Read

Three Veteran Broadway Reps Leave One Firm To Start Up New Agencies

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Three top lieutenants from DKC/O&M, the powerful Broadway PR firm founded by industry veteran Rick Miramontez, have jumped ship to start their own shops. That’s par for the course among public relations offices, but coming at the start of a very busy theater season, the timing of the departures by creative director Andy Snyder, VP Molly Barnett and her partner in her new venture, Chelsea Nachman – all senior in the firm – was odd, to say the least. Even Miramontez, who… Read

Jeb Brody Joins Amblin Partners As Co-President of Production

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Amblin Partners Chairman and CEO Steven Spielberg announced today that the company has brought on Jeb Brody as Co-President of Production. Brody, along with President of Production Holly Bario, will oversee Amblin's team of creative executives. The two will report to Spielberg and Co-CEO Jeff Small. Prior to this new post, Brody was at Secret Hideout, where he served as an exec producer of the recent Tom Cruise-led The Mummy reboot. Before this, he held the President of… Read

Greta Gerwig Renounces Her Support Of Call For Cancellation Of Israeli Play

Greta Gerwig

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UPDATED, 1 PM: Better late than never? Greta Gerwig took to the New York Post‘s Page Six gossip column to renounce her prior support of a letter requesting that the Lincoln Center Festival cancel its presentation of an Israeli play back in July. The actress and director, along with a number of other theater, film and television luminaries, signed the petition (see earlier stories below), which was organized by Adalah-NY. The group supports the BDS movement to boycott… Read

CAA Amplify: Next Gen Looks To Further Promote Diversity & Inclusion

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In an effort to continue their promotion of diversity and inclusion Creative Artists Agency has announced CAA Amplify: Next Gen, a convening of next generation leaders spanning entertainment, media and beyond. The invitation-only event will take place at the CAA headquarters on October 7 and feature a  roster of high-profile speakers and panels. "Our commitment to diversity and inclusion extends far beyond the walls of our agency," said Ruben Garcia, executive, CAA. … Read

Jennifer Lopez & Others Postpone Las Vegas Shows In the Wake Of Shooting – Update

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UPDATED, 11:26 AM: Jennifer Lopez has postponed this week’s dates of her Las Vegas show out of respect for the victims of Sunday night’s horrific shooting on the Strip. Jennifer Lopez: All I Have was set to run Wednesday, Friday and Saturday at the Planet Hollywood Resort & Casino. The venue said in a statement: “Jennifer is heartbroken that such a senseless tragedy occurred,” the statement, in part, read. “Her thoughts and prayers are with the victims and their families.”… Read

Chernin Group Forms The Action Network, A Sports Analysis/Media Company

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Sensing an opportunity in what it calls an “underserved” sports wagering and fantasy marketplace worth upwards of $170 billion overall, the Chernin Group has formed a sports analysis and media company called The Action Network. The network encompasses the separate units Sports Insights, FantasyLabs and SportsAction. Chad Millman, a 16-year ESPN veteran who held several top editorial and content posts there, including editor in chief of ESPN The Magazine will be Action’s… Read

Charles D. King’s MACRO Raises $150M & Closes Credit Facility To Produce Film And TV Projects

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MACRO, the multi-platform media company founded in 2015 by former WME partner Charles D. King, has raised an additional $150M in equity and debt financing to produce and finance four to six film and TV projects a year. The company also closed a substantial credit facility arranged by Bank of America Merrill Lynch. This follows its first round of funding two years ago. And so far, the company has produced a number of projects and gotten into business with some high-profile… Read

Charter Sets Plans For New Headquarters Building In Stamford, CT

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Executives at major cable operator Charter Communications joined with Connecticut Gov. Daniel P. Malloy and other officials today to announce plans for a new 15-story headquarters building in Stamford. The company says the project will create 1,100 permanent jobs for the state’s battered economy. The new building at the Gateway Harbor Point development along the Long Island Sound is projected to have 500,000 square feet of work space. Employees will start to occupy the… Read

Andrew House, Who Restored PlayStation’s Mojo, Leaving Sony After 27 Years

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Andrew House, the head of Sony Interactive Entertainment who put the PlayStation gaming console back on a winning track, is leaving the company after a 27-year run. According to a press release, House’s No. 2, John (Tsuyoshi) Kodera, has been named his successor. House will segue out of managing SIE, but will stay on as chairman through the end of 2017 in order to ensure a smooth transition. House started in the corporate communications department at Sony in 1990. In… Read

Hollywood Remembers Tom Petty: Paul McCartney, Cameron Crowe Honor The Music Icon

tom petty

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Refresh for updates. Music legend Tom Petty died today at the age of 66 after suffering from cardiac arrest. Initially, there was confusion about Petty’s status after numerous reports came out saying that he had died. The news was later debunked and it was reported that he would not live through the day. Even so, actors, writers, and directors wasted no time in taking to social media to send their thoughts while he was in the hospital and after the official announcement… Read

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