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Dennis Ruh Out as EFM Director After 2024 Market
The shake up at the Berlin Film Festival has begun. Just hours after former BFI London festival director Tricia Tuttle was named to take over from Carlo Chatrian and Mariëtte Rissenbeek as the new head of the Berlinale, Dennis Ruh, director of Berlin’s European Film Market (EFM) is out. Ruh on Tuesday confirmed he will […]
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SiriusXM to Combine With Liberty Media Tracking Stock Group
Liberty Media’s Liberty SiriusXM tracking stock group will combine with satellite radio and audio entertainment giant SiriusXM to create a new public company, dubbed “New SiriusXM,” which will continue to operate under the SiriusXM brand, the companies said on Tuesday. Liberty, led by president and CEO Greg Maffei and chairman John Malone, owned an 83 […]
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Spotify Inks Podcast Deal With Warner Bros. Discovery for CNN, HBO and More Shows
Spotify has teamed with Warner Bros. Discovery on a podcast distribution and monetization partnership. The deal will see Spotify’s enterprise podcast platform, Megaphone, host and distribute select podcasts from Warner Bros. Discovery, including CNN’s All There Is with Anderson Cooper, The Assignment with Audie Cornish and HBO’s The Official Game of Thrones Podcast: House of […]
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Google Leans On Pop Culture as It Looks Back on 25 Years of Search
Google is celebrating the last 25 years of its search engine, and it is leaning on a heavy dose of pop culture to help it do so. The tech giant on Monday released a video celebrating the most searched topics, people and events of the last 25 years. And while there was plenty of newsworthy […]
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Elon Musk Twitter Takeover Lawsuit Gains Steam as Judge Advances Investors’ Claims
In the months after negotiating a buyout of Twitter but before being forced to consummate the deal in October 2022, Elon Musk deployed scorched-earth tactics in an attempt to lower the price of the $44 billion acquisition. On Monday, a federal judge advanced a lawsuit from investors who say they suffered losses when they sold […]
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Hasbro Plans to Cut 1,100 Additional Jobs
Hasbro plans to eliminate approximately 1,100 positions amid continued headwinds in the toy business. In a memo to employees, CEO Chris Cocks said while the toymaker has seen some improvements due to a retooled supply chain and improved inventory, the market headwinds “have proven to be stronger and more persistent than planned.” The company had […]
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Microsoft Game Developer Union Reaches Deal On How AI Can Be Used In Workplace
As Microsoft’s first U.S. union and the tech giant continue to negotiate over a first labor contract, the parties have reached a tentative agreement on one of the agreement’s most important articles, covering the use of artificial intelligence. The union at video game developer ZeniMax Studios (The Elder Scrolls Online, DOOM: Eternal) has cinched a […]
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Broadway Grosses Were Down Last Season, But the Audience Was Younger, More Diverse
In the 2022-2023 Broadway season, the first full season since theaters were closed due to the pandemic, audience numbers were down by 17 percent from 2018-2019, according to a study released Monday by the Broadway League. This came as the season included high-grossing shows, such as Sweeney Todd, starring Josh Groban and Annaleigh Ashford and […]
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Paramount Deal Chatter Puts Hollywood M&A Back in Wall Street Spotlight
What a difference a few days can make. Hollywood studios’ push to turn their streaming business profitable, the acceleration of cord-cutting, the writers and actors strikes, as well as a weak advertising market, have been at the forefront of investors’ minds all year. But just before the end of 2023, industry deal chatter has moved […]
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Chris Hemsworth Banner Pacts With Ben Affleck, Matt Damons’ Artists Equity
Ben Affleck and Matt Damon’s Artists Equity banner has formed a partnership with Chris Hemsworth’s Wild State, which will see Artists Equity producing film and television projects from the Thor actor’s banner. Wild State, which Hemsworth heads with partner Ben Grayson, was founded in 2022 and has credits that include the Hemsworth-fronted Extraction 2. A […]
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CBC to Cut 600 Jobs Amid Advertising Headwinds
The Canadian Broadcasting Corp. has announced it expects to cut around 600 jobs as it deals with lower advertising revenue and competition from U.S. digital giants. Canada’s pubcaster said it faces a $125 million budgetary shortfall likely to be offset with programming cuts and layoffs. “These pressures are a result of the same structural factors […]
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Netflix Plans Live Tennis Match Between Carlos Alcaraz and Rafael Nadal in Sports Expansion
Netflix is serving up more live sports. The streaming giant on Monday announced a live exhibition tennis match between two of the sport’s biggest stars: 22-time Grand Slam champion Rafael Nadal facing off against world No. 2 Carlos Alcaraz. The match is being branded as The Netflix Slam, and will be held on March 3, […]
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Disney+ and Hulu Combined Own Most Popular Titles in U.S.: Study
With the Walt Disney Co. having struck a deal with Comcast to acquire full control of Hulu, the Hollywood giant is planning to bring the streamer under one umbrella with its Disney+. That is a winning formula, according to a new study by Ampere Analytics, which found that the combined streaming service would own more […]
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Japan’s Toho Buys 25 Percent Stake in Fifth Season for $225M
Japanese studio Toho has taken a $225 million stake in Fifth Season, the U.S.-based independent studio known for producing Apple TV+’s hit series Severance and Max’s Tokyo Vice. The new partners unveiled the deal Monday, saying it will allow Fifth Season to “continue expanding its broad slate of premium content.” Korean entertainment giant CJ ENM […]
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Tucker Carlson to Launch Streaming Video Platform ‘Tucker Carlson Network’
Tucker Carlson is planning his own streaming service, the Tucker Carlson Network, TCN for short. The former Fox News host is expected to officially launch the service Monday after teasing it over the weekend. Carlson is expected to discuss TCN on Megyn Kelly’s SiriusXM show Monday. According to Carlson’s website, the service will cost $9 […]
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Beverly Hilton Reaches Deal With Hotel Workers’ Union, Averting Picket During Golden Globes
Just in time for Monday’s Golden Globe nominations, the Beverly Hilton has reached a tentative agreement with the hotel union Unite Here Local 11. The union announced the provisional deal, which makes the historic property the first Beverly Hills location to reach a 2023 agreement with the powerful Southern California and Arizona union, on Friday […]
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