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Inside the Hollywood Labor Rebellion
According to union organizers and observers, the pandemic, streaming and corporate consolidation collided in 2…
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Business
Entertainment “Memestocks” Will Be Tested in 2022
AMC Theatres (and its executives) benefitted from becoming a meme in 2021, while Donald…
By Alex Weprin -
Business
Box Office Ends Year 60 Percent Behind 2019 With $4.5B Domestically
Revenue at the North American box office jumped 101 percent over 2020 but still lagged…
Latest Business
Box Office Ends Year 60 Percent Behind 2019 With $4.5B Domestically
Facing strong headwinds, domestic box office revenue rose to $4.5 billion in 2021 as the theatrical business struggled to recover from the COVID-19 crisis. While that was up more than 101…
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Entertainment Stock Picks in 2022: What Wall Street Is Bullish About
With the cost of the streaming wars accelerating, Wall Street is likely to spend much of the new year debating what subscriber trends and production budget news will mean for 2022’s stock winners…
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Cineplex CEO: Even With ‘Spider-Man,’ COVID-19 Capacity Restrictions Dulled Box Office
Spider-Man: No Way Home has broken pandemic box office records, but Canada’s new capacity and other cinema restrictions amid the Omicron variant surge have blunted key Christmas season ticket…
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Hollywood Stocks in 2021: Netflix Extends Gains, Disney and Discovery Drop
Coronavirus vaccines, variants and new waves of infection, global supply chain issues, Reddit-powered meme stocks, mergers and acquisitions, plus streaming hopes and fears were some of…
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IATSE Deal to Help Boost Hollywood Production in Ontario in 2022
Production in Ontario is rising to new heights heading into 2022. Hollywood film and TV shoots rebounded in Toronto in late 2021 as the city began to slip free of the grip of the early stages of
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Why Production Companies in 2022 Will Need to Get Big or Go Home
The worldwide consolidation of independent production companies, which picked up pace in 2021, looks likely to continue through 2022 as the global streaming boom pushes up both demand and budgets…
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AT&T Gets “Favorable” IRS Ruling on Discovery-WarnerMedia Merger
AT&T has received a “favorable” IRS ruling on the planned tax-free mega-merger of its entertainment unit WarnerMedia with Discovery Inc., the telecom giant disclosed in a regulatory…
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Why Dark Horse Embraced a Sale to a Swedish Gaming Giant
Ahead of Christmas, news broke that Dark Horse Comics, one of the largest independent comic book publishers in the Western industry, would be acquired by video game company Embracer Group. Rumors…
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Netflix, ‘Tiger King’ Producers Sued Over Unauthorized Use of ‘Ace Ventura 2’ Clips
Morgan Creek Productions has sued Netflix and the producers of Tiger King for copyright infringement over the use of Ace Ventura 2 clips in the hit reality series. The show, which became a…
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Discovery Won’t Have to Sell Controlling Stake in Poland’s TVN as President Vetoes Media Law
Poland’s president, Andrzej Duda, has vetoed a controversial new media ownership law that Discovery had condemned as an “attack” on freedom of speech and a threat to the future of independent…
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Canada Tightens Movie Theater Restrictions Amid Omicron Surge
A new wave of movie theater closures and restrictions has rippled through Canada’s exhibiton sector as the country battles a steep rise in COVID-19 cases due to the highly infectious Omicron
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Kevin Mayer and Tom Staggs Venture to Buy ‘Fauda’ Producer Faraway Road
The new media company led by Kevin Mayer and Tom Staggs has found its next acquisition. The still-unnamed company will acquire the Israeli production company Faraway Road Productions, The…
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