Bob Iger, CEO, Disney, and Brian Roberts of Comcast Getty Images Comcast and Disney have hired investment banks to value Hulu, the next step in what’s been a nearly five-year process to put the streaming service under one owner. Comcast, which owns one-third of Hulu, has hired Morgan Stanley, and Disney, which owns the other … Read more
Scene from the upcoming film: The Exorcist: Believer. Universal Studios “The Exorcist: Believer” possessed the box office during its opening weekend, but industry experts wonder if it will continue to turn heads in the weeks to come. The Universal and Blumhouse collaboration, the first of three planned films, tallied $26.5 million during its debut, making … Read more
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Media stocks — A handful of media and studio stocks rose Wednesday after the nearly 150-day writer strike ended. Shares of Warner Bros. Discovery and Paramount Global jumped more than 2.5%, while Comcast added 0.9%. Disney hovered near the … Read more
Striking WGA (Writers Guild of America) members picket with striking SAG-AFTRA members outside Paramount Studios on September 18, 2023 in Los Angeles, California. Mario Tama | Getty Images Hollywood writers and studios have finalized the language of a tentative contract that will lead to the end to a nearly 150-day labor strike. Union leaders “voted … Read more
Writers Guild of America members walk the picket line on the first day of their strike in front of Amazon studios on Tuesday, May 2, 2023, in Culver City, CA. Jay L. Clendenin | Los Angeles Times | Getty Images Hollywood’s writers and studios have a preliminary labor agreement. Talks between the Writers Guild of … Read more
Folks carry indicators as SAG-AFTRA members stroll the picket line in solidarity with putting WGA staff outdoors Netflix places of work in Los Angeles, July 11, 2023. Mario Tama | Getty Photographs Information | Getty Photographs Picket indicators have lined the gates of Hollywood’s studios for almost 5 months, because the trade’s writers and actors … Read more
Illustration by Elham Ataeiazar After pushing again his retirement 4 occasions, Bob Iger lastly made the leap. On Feb. 25, 2020, he introduced he would step down as Disney’s CEO. His hand-picked successor, Bob Chapek, then Disney’s parks chairman, would take over the day-to-day job of operating the corporate, efficient instantly. As a part of … Read more
LeBron James of the Los Angeles Lakers at a sport in opposition to the LA Clippers at ESPN Vast World Of Sports activities Advanced on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Pictures As Disney considers a strategic accomplice for ESPN, Chief Government Officer Bob Iger and ESPN head Jimmy … Read more
Nonetheless from Sony’s “Spider-Man: Throughout the Spider-Verse.” Sony Spider-Man returned to the large display this weekend, webbing up an estimated $120.5 million on the home field workplace. Sony’s “Spider-Man: Throughout the Spider-Verse,” the a lot anticipated sequel to the Academy Award-winning “Spider-Man: Into the Spider-Verse,” had the second-biggest opening of 2023, simply behind Common’s “Tremendous … Read more
NBCUniversal world promoting chief Linda Yaccarino has resigned to hitch Twitter as its subsequent chief govt. Twitter proprietor Elon Musk confirmed the rent in a tweet Friday. “I’m excited to welcome Linda Yaccarino as the brand new CEO of Twitter!” Musk tweeted. He mentioned she “will focus totally on enterprise operations, whereas I concentrate on … Read more