Paramount Global said it would it cut its dividend as continued investment in streaming weighed on the company while it saw declines in its traditional revenue from advertising and cable distribution. The owner of CBS, Nickelodeon and the Paramount movie studio said its first-quarter loss came to nearly $1.23 billion, or $1.81 a share, compared
Television
Revenues at Bertelsmann’s Luxembourg-based RTL Group, a media giant which owns Fremantle, slid 9% to €1.4 billion ($1.5 billion) for the first quarter of 2023, financial results released on Thursday have revealed. The group attributes this to “significantly lower TV advertising revenue,” particularly in Germany, and the disposals of RTL Belgium and RTL Croatia. Fremantle’s revenues were
Veteran Indian actor Anupam Kher (“New Amsterdam,” “Silver Linings Playbook”) will headline made-for-streaming film “Vijay 69” from leading Indian studio Yash Raj Films’ streaming production arm YRF Entertainment. “Vijay 69” will tell the story of a man, played by Kher, who decides to compete in a triathlon contest at the age of 69. It will be
The Writers Guild of America West held a rally Wednesday night to demonstrate solidarity with the other Hollywood unions in their collective contract battles against Hollywood’s major employers. About 1,800 guild members attended the meeting at the Shrine Auditorium, and heard from WGA leaders about the reasons behind the two-day old strike. One of the
SPOILER ALERT: Do not read ahead if you have not watched the Season 9, episode 12 of “The Masked Singer,” which aired May 3 on Fox. Former Miss USA and Miss Universe Olivia Culpo was the next celebrity to be revealed on Fox’s “The Masked Singer.” Culpo was unmasked as UFO on Thursday’s show, which
As the subtitle suggests, “Queen Charlotte: A Bridgerton Story” is a prequel and spinoff to the hit Netflix series, which adapts Julia Quinn’s Regency Era romance novels with the soapy, progressive sensibility of producer Shonda Rhimes. In practice, though, the six-episode series is more like “Bridgerton” Season 2.5. Though the story flashes back some 50
U.K. writers haven’t kept quiet in their support of the Writers Guild of America strike, with many making enthusiastic shows of solidarity on social media. But behind the scenes, several writers have told Variety under the condition of anonymity that they’re frustrated about a grey area in strike rules that have left them in limbo.
Shares of media companies stayed relatively tranquil Wednesday amid the work stoppage imposed by the WGA’s writers strike and another interest rate increase by the Federal Reserve. Writers Guild of America union members took the picket lines in L.A. and New York for a second day, as they called on studios and streaming companies to
UPDATED: Day 2 of the WGA strike saw pickets arrive bright and early outside key industry locations in Los Angeles and New York. Many guild members say they have been energized by the organized picketing efforts and the opportunity to compare notes and vent frustrations with fellow scribes. WGA leadership was out in force on
Tucker Carlson, the recently-axed Fox News host, sent a text to a producer which was the beginning of the end of his relationship with the network, according to a New York Times report. The cruel and racist text was redacted from court filings submitted as part of Dominion Voting Systems’ defamation lawsuit against Fox News,
A docuseries about Jerry Jones and the Dallas Cowboys franchise is in the works from Skydance Sports and NFL Films. Featuring some of NFL Films’ archived never-before-seen content, the series will chronicle the Cowboys owner, president, and general manger’s rise from the son of an Arkansas community store owner to becoming one of the most
The behind-the-scenes world of professional wrestling was infamously closed off to the public for decades, frustrating fans who craved a glimpse of what their favorite performers were really likeoutside the ring. That all changed with the internet and social media. And now, the industry is peeling back the mystique further via a slew of docuseries
Though Tom Pelphrey was already a two-time Daytime Emmy-winner for his work in the daytime drama “Guiding Light” and had been working steadily on stage and screen, his move to “Ozark’s” third season took his career to a new level. He blazed onscreen as Ben Davis, the bipolar brother of Wendy Byrde (Laura Linney), and
HBO’s “Succession” series finale will be 90 minutes long, according to one of the key members of its creative team. In an interview Wednesday, the show’s Emmy-winning composer Nicholas Britell confirmed that rumored run time to Variety. “It’s 90 minutes,” Britell said. “It’s a huge episode — like a movie.” The episode will be directed
Fox is moving ahead with filming new episodes of the game show “Beat Shazam” with Nick Cannon stepping in as a guest host to replace Jamie Foxx, who was hospitalized over three weeks ago after suffering a medical emergency. A new report from TMZ claims Foxx remains hospitalized and cited sources urging fans to “pray
A “Babylon 5” animated movie is in the works from original series creator J. Michael Straczynski. “BABYLON 5 ANIMATED MOVIE [sic] coming from Warner Bros. Animation & WB Home Entertainment!” Straczynski announced via Twitter. “Classic B5: raucous, heartfelt, nonstop, a ton of fun through time and space & a love letter to the fans. Movie
The days of fall TV being the time for new shows to premiere are long gone. This summer, prep for bingeing per usual with a slew of unscripted and scripted series coming to both streamers and network TV. Likely the most-anticipated series of the year, HBO’s “The Idol,” will premiere in July after a great
The Emmy race, once again, is all about breaking through to the voters, as 2022 saw 599 scripted series air — 40 more than 2021. It’s easier said than done, especially with the amount of excellent content from comedy and dramas to limited series and shows that could qualify for multiple genres. (We’ll get to
“Your life is fascinating,” a friend tells comedian Pete Davidson, in character as comedian Pete Davidson. “I don’t know what it’s like to live it, but goddamn, do we have fun watching it.” It’s never a good sign when we have to be told, rather than shown, how interesting a person or project is meant
NBC, Jimmy Fallon and Seth Meyers intend to pay staffers of the network’s “Tonight” and “Late Night” shows three weeks’ of wages while the programs are sidelined due to the writers strike, according to two people familiar with the matter. NBC plans to pay two weeks of salary to staffers while each late-night host will
Can you believe that June 2 will mark the 10-year anniversary of the Red Wedding scene in “Game of Thrones”? Richard Madden, whose character Robb Stark met a grisly end in the episode, recalls filming the bloody massacre. “I remember a lot of crying because at the end of it, I was going to be
Jock Zonfrillo, the colorful and controversial chef and TV personality who died suddenly on Sunday, is to be honored on air with twin broadcasts this weekend on Australia’s Network Ten#. A new season of “MasterChef,” the reality TV show on which Zonfrillo was a judge, will now launch on Sunday evening, the broadcaster said on
India is the fastest growing market market in the world for giant streamer Netflix and Monika Shergill, VP, content, for the country, has a clear plan to keep the trajectory going. “A healthy streaming business, according to us, has to be built on the strong fundamentals of engagement, where we are doing very well, and
CBS has put on hold plans to announce its fall 2023 schedule at a reveal event in Los Angeles on May 9. The network will still share its schedule next week, but instead likely by traditional press release. The party, which was to take place at NeueHouse Hollywood (next door to CBS’ new Hollywood headquarters),
While Matt Casey fans will be happy, Kelly Severide supporters, not so much. During the May 24 Season 11 finale of “Chicago Fire,” Jesse Spencer will return to make a guest appearance. Taylor Kinney, who last appeared during the Feb. 22 episode and stepped away to deal with a personal matter, will not return. Spencer
The Met Gala may have been the last glitzy event to avoid picket signs. As of 12:01 a.m. on May 2, members of the creative community on both coasts (and production hubs in between) have traded the finery of that event for fire and brimstone on picket lines. The breakdown of the Writers Guild of
Eileen Saki, known for her role as bar owner Rosie in “M*A*S*H,” died on Monday in Los Angeles after a battle with pancreatic cancer. She was 79. Saki’s rep confirmed her death to Variety. The actor was featured on nine episodes of “M*A*S*H,” the television series based on the Mobile Army Surgical Hospital that cared
The TV Academy is giving networks and studios the opportunity to cancel their upcoming Emmy FYC events should the writers strike limit the possibility of continuing such an event. So far, how or if certain FYC events will continue is anyone’s guess. Outlets like Amazon Prime Video, Apple TV+, Disney and Netflix have opened —
The producers behind Wayne Rooney documentary “Rooney” have unveiled their latest factual sporting series, “Stable,” about the renowned McGuigan family of boxers. Lorton Entertainment, who produced “Rooney” for Amazon Prime Video as well as “Boom! Boom! The World vs Boris Becker” for Apple TV Plus, are set to follow professional boxing’s first family, the McGuigans,
Writer and comedian Adam Conover blasted David Zaslav, the Warner Bros Discovery CEO, during an interview with CNN on Tuesday, a company Zaslav also oversees. “David Zaslav, the CEO of Warner Bros. Discovery, the parent company of the network I’m talking to you on right now, was paid $250 million last year, a quarter of