Warner Bros. Discovery CEO David Zaslav opened the company’s quarterly earnings presentation with remarks on the ongoing SAG-AFTRA strike, remaining “hopeful” that the work stoppage will end “soon” following the Hollywood studios’ move to adjust AI language in its “last, best and final offer” to the actors union. “We are hopeful we will reach a
Television
Nexstar reported its third-quarter 2023 earnings Wednesday, revealing TV ad revenue was down overall 23% for the July-September quarter. Meanwhile, the CW network made quarter-over-quarter progress on its path to profitability by narrowing its losses to $60 million. For the CW, which was formally acquired by Nexstar in October 2022 from Paramount Global and Warner Bros. Discovery, a
Warner Bros. Discovery narrowed its third-quarter loss as the media giant, grappling with billions of dollars in debt as a result of the 2022 merger that created it, saw the box-office success of “Barbie” offset by a 12% decline in advertising at its portfolio of TV networks. The owner of CNN, the Warner Bros. studio
Moonbug Entertainment has issued the global master toy licenses for two of its titles, “Blippi” and “Little Angel,” to Spin Master Entertainment, the company that produces the “PAW Patrol” franchise and its corresponding merchandise. Toys and games for both properties are expected to hit shelves in 2025. Additionally, Moonbug will create short-form animated content on
RTL Group, the European broadcasting company that owns Fremantle, reported a 6.9% drop in revenue from January to September, due in part to the “persistent weakness” of TV advertising markets. In Q3 alone, group revenue was down 10.3% to €1.6 billion, with the company saying 9.2% of this happened organically due to “timing effects at
Patrick Dempsey is People‘s sexiest man alive for 2023. The “Ferrari” actor and “Grey’s Anatomy” alum was revealed as this year’s honoree during Tuesday night’s broadcast of “Jimmy Kimmel Live.” Prior to unveiling Dempsey as the sexiest man alive, the actor participated in a Q&A with the audience while wearing a realistic lizard face filter,
Mike White is ready to travel to the next destination of “The White Lotus,” calling the forthcoming third season “longer, bigger, crazier” in a recent interview with EW. “It’s going to be a supersized ‘White Lotus,’” White said. “It’s going to be longer, bigger, crazier. I don’t know what people will think, but I am super
The “Dancing With the Stars” duos paid tribute to some of the most famous music videos during Tuesday night’s episode, including Britney Spears’ “Slave 4 U,” Aha’s “Take Me On” and NSYNC’s “It’s Gonna Be Me.” This week’s teams had an added challenge; not only did the judges — including guest judge Paula Abdul —
“The Circus: Inside the Greatest Political Show on Earth” will conclude with its eighth season, Showtime announced on Tuesday. The series finale episode is scheduled to arrive on Nov. 12 at 7 p.m. ET/PT. Hosted by John Heilemann, Mark McKinnon, and Jennifer Palmieri, the four-time Emmy nominated political docuseries offered viewers a deeper look at
WWE‘s weekly NXT show is heading to The CW. NXT, which serves as a showcase for WWE’s developmental talent, currently airs on USA Network but will move to CW in October 2024 in a new five-year deal. A source close to the deal pegged the value of the deal to WWE at about $20 million-$25
Award winning documentary filmmaker Laurent Bouzereau and his Nedland Media banner have signed with UTA for representation. News of Bouzereau and UTA’s partnership comes in anticipation of the French-American filmmaker’s upcoming documentary on legendary composer John Williams, produced by Amblin Documentaries, Imagine Documentaries and Nedland Media. Bouzereau’s recent credits include “Mama’s Boy,” the HBO documentary
TKO, the newly formed holding company for UFC and WWE that is controlled by Endeavor, delivered mixed results in its first post-merger earnings report, reflecting the shakeout from the deal that closed with just 19 days to go in the third quarter. TKO reported revenue gains of 32% from the year-ago quarter to $449.1 million.
Hollywood’s major studios have agreed to adjust language on artificial intelligence as they move closer to a contract agreement to end the 117-day SAG-AFTRA strike. Union negotiators met Monday night with the leaders of the Alliance of Motion Picture and Television Producers. In the meeting, the two sides appear to have resolved some of the
Sony Pictures Television Studios has promoted Lauren Stein to the newly created role of head of creative. Stein has been head of drama development at Sony TV since 2017. In the new role, Stein will oversee drama and comedy development, TriStar Television, international co-productions, and current programming on series in their first year of production.
The Roots founders Questlove and Black Thought‘s have sold a significant stake in their production company Two One Five Entertainment to Peter Chernin’s content studio The North Road Company. Under the pact, North Road will finance future film, TV and other creative projects from Two One Five, which previously produced the Oscar-winning documentary “Summer of
The Super Bowl isn’t the only big football property that will be crammed full of advertising. Amazon’s Prime Video has sold out all the commercial inventory attached to its new “Black Friday” game, the first event the NFL has earmarked for the day after Thanksgiving and the start of the holiday-shopping season, according to Danielle
The National Academy of Television Arts & Sciences is planning a mega Emmy weekend in December — although it remains to be seen whether the Daytime Emmys will be a part of the festivities. The org has firmed up dates for the Daytime Creative Arts & Lifestyle Emmys, the 2nd Annual Children’s & Family Emmy
MGM+ has greenlit the true crime docuseries, tentatively called “The Wonderland Murders and the Secret History of Hollywood,” adapted from Michael Connelly’s Audible podcast of the same name. The four-episode series explores the notorious Wonderland murder case, which took place in Los Angeles in the 1980s. Alison Ellwood, who helmed the docuseries “San Francisco Sounds”
SPOILER ALERT: This story contains spoilers for the series finale of “Blue Eye Samurai,” titled “The Great Fire of 1657,” now streaming on Netflix. Season 1 of Netflix animated series “Blue Eye Samurai,” created by Amber Noizumi and Michael Green, ended on a cliffhanger. The city of Edo burned down, and mixed-race samurai Mizu (Maya
Orchard Studios, the new production company founded by former Amazon Studios U.K. exec Dan Grabiner, has hired a trio of heavyweight execs to round out its new senior creative team. Nat Lippiett, Clare Mottershead and Dani Carpanen have joined the company, which is headed by Grabiner as CEO and managing director Nicola Hill. Lippiett, an
Dorothy Street Pictures, the production company behind documentaries including “Pamela, a Love Story” and “Coleen Rooney: The Real Wagatha Story,” have tapped Lily Kaplan as their new head of development. Kaplan joins the company’s New York office from Imagine Documentaries, where she will lead Dorothy Street’s transatlantic operation with a focus on growing their portfolio
King Charles III confirmed the Government’s plan to push through with its long-discussed Media Bill on Tuesday morning local time during the traditional opening of Parliament ceremony in London. Tradition dictates that the King’s speech (or the Queen’s speech, as it was previously known for the past seventy years), sets out the incumbent British Government’s
“Reacher” Season 2 has an official premiere date at Amazon Prime Video, with the streamer also dropping the first trailer for the new season of the popular series. The second season of “Reacher” will debut with the first three of its eight episodes on Dec. 15. New episodes will then drop weekly every Friday through
“The Crown” star Elizabeth Debicki has said it felt “incredibly invasive” to deal with fake paparazzi while playing Princess Diana in the Netflix series. Debicki, who returns as Diana in the sixth and final season of the Netflix show about the British royal family, portrays the princess in the last weeks of her life. At
In the midst of a great debate about the future of the U.S. news business, the British are coming. Katty Kay, the veteran BBC newscaster, is set to launch a new deep-dive interview program that will take her away — not permanently — from her usual role covering U.S. politics in favor of long-form conversations
CJ ENM Hong Kong, a unit of South Korea’s CJ ENM, has signed a memorandum of understanding with the Taiwan Creative Content Agency (TAICCA), Far EasTone Telecommunications (FET) and local TV network – TVBS to launch a multi-year content fund that would support the co-production and joint distribution of audiovisual content. The “strategic alliance” combines
“Shadow and Bone” star Archie Renaux and “Lockwood & Co’s” Ruby Stokes are set to join Jenna Coleman in upcoming BBC thriller “The Jetty.” In the four-part series, from writer Cat Jones and producers Firebird Pictures (a BBC Studios label), Coleman plays Ember Manning, a rookie detective who finds herself at the center of an
HBO Max has acquired Central and Eastern Europe rights to “I Know Your Soul,” the crime drama series by Oscar-nominated Bosnian filmmaker Jasmila Žbanić (“Quo Vadis, Aida?”). The show, which world premiered at the Venice Film Festival, is currently playing as part of the Agora Series TV strand of the Thessaloniki Film Festival. Also included
Japanese entertainment conglomerate Kadokawa is seeking to double its international revenues through a strategy of diversification and localization. Taiwan is expected to be a key plank in the outreach, executives at the Taiwan Creative Content Fest (TCCF) heard on Tuesday. “Currently 20% of Kadokawa’s revenues come from outside Japan. I want to get this figure
A trio of ministers, accompanied by a fleet of senior industry names, were on hand Tuesday in Taipei to give their official blessing to the opening of the fourth running of the Taiwan Creative Content Fest (TCCF) – and to underline the Taiwan government’s investment in soft power. Cheng Wen-tsan, VP of the [government executive
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