Chinese e-commerce and entertainment giant Alibaba has taken a $1.2 billion goodwill impairment charge against its video-streaming operation Youku. The move was disclosed on Wednesday as Alibaba revealed its financial results for the October to December 2023 period, the third quarter of its current financial year. Group revenues in the quarter were up by 5%
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Taskovski Films Sales has picked up Iranian documentary “Maydegol,” which will have its world premiere at the Berlin Film Festival in the Generation 14plus section. The film, directed by Iranian filmmaker Sarvnaz Alambeigi, focuses on an Afghan teenage girl, living with her parents in Iran. The film follows her as she strives to pursue her
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Lille-based Series Mania, Europe’s biggest TV festival and forum, has revealed its impressive 2024 main competition, which includes three streamer bows  – from Peacock, and MGM+ and Disney+/HBO Europe world premieres. The starry lineup features, for example, the much-anticipated new Liane Moriarty adaptation “Apples Never Fall” with Annette Bening as the matriarch who suddenly disappears,
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Banijay Asia is expanding into Southeast Asia with the formation of new entity CreAsia Studio. The outfit will focus on collaborations in the region to create local originals and produce localized Banijay IP adaptations. The move is in keeping with the Mumbai-headquartered company’s plans to grow in the Southeast Asian market, which Deepak Dhar, founder
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Top Bollywood star Sushmita Sen conquered a heart attack and returned triumphantly to complete Disney+ Hotstar series “Aarya.” It is the second such comeback for Sen, a former Miss Universe, who headlines the series. The show is an adaptation of Dutch show “Penoza,” in which a woman has to join a mafia gang and avenge
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Saoirse Ronan and Jack Lowden are stepping down from their production banner Arcade Pictures. The company’s debut feature, “The Outrun,” is set to have its international premiere at the Berlin Film Festival next week. The film world premiered at Sundance last month. Lowden, who’s currently starring in “Slow Horses,” set up Arcade Pictures in 2019
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Paris-based company The Party Film Sales has boarded international rights to “Aicha,” Mehdi M. Barsaoui’s follow-up to the Venice-premiering “A Son,” and “Transamazonia” by Pia Marais (“Layla Fourie”). WME Independent is repping North America and multi-territory deals on “Transamazonia.” Both films are in post-production and will be teased by The Party Film Sales at the
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Kumail Nanjiani revealed during an appearance on the “Inside of You With Michael Rosenbaum” podcast that the negative reviews for “Eternals” took a toll on his mental health. “The reviews were bad, and I was too aware of it,” said Nanjiani, who played Kingo in the 2021 Marvel film. “I was reading every review and
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The 2024 summer season at the Hollywood Bowl was announced by the Los Angeles Philharmonic Tuesday, with highlights including a first-time Marvel Studios night; LA Phil-accompanied shows by Laufey, Beck, Natalia Lafourcade and Harry Connick Jr.; the inaugural edition of a west coast iteration of hip-hop’s celebrated Roots Picnic; tributes to Henry Mancini and Sammy
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For the first time, the Hallmark Channel presented at the Television Critics Association press tour on Tuesday morning with three panels: one featuring their Hallmark Mystery (the channel formerly known as Hallmark Movies & Mystery) talent, one highlighting their “Loveuary” film, “Sense and Sensibility;” and the final with the cast of “The Way Home.” The
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An excerpt from director Ed Zwick‘s new memoir “Hits, Flops, and Other Illusions: My Fortysomething Years in Hollywood” (published by Vanity Fair) reveals the tensions that existed on the set of his 1994 Western epic “Legends of the Fall.” Zwick writes that he had a rocky relationship with leading man Brad Pitt, who was cast
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The Songwriters Hall of Fame is gathering Oscar nominees for the best original song category — Scott George, Jon Batiste, Diane Warren, Billie Eilish, Finneas, Mark Ronson, Andrew Wyatt and Diane Warren — for a virtual panel conversation moderated by Nile Rodgers and Paul Williams. Rodgers, who currently serves as Songwriters Hall of Fame Chairman, and Williams, a
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Bill Maher revealed that he sat down with Kanye West for a two-hour interview on his “Club Random” podcast, but he will not release the episode due to the disgraced rapper’s bigoted views against Jews. “I thought it was going to be a learning moment.” Maher said on a Feb. 5 episode of “TMZ Investigates”
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The Anne Rice Immortal Universe continues to progress at AMC Networks, with “Mayfair Witches” heading into production on its second season and adding new actors to its cast while “Interview With the Vampire” has set its Season 2 premiere date and added a guest cast. Alyssa Jirrels has joined “Mayfair Witches” Season 2 as a
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The Braxtons are returning to We TV — two years after the death of Traci Braxton, a singer, actress and TV/radio personality who appeared on all seven seasons of their previous series for the AMC Networks-owned cabler, “Braxton Family Values.” “The Braxtons” will feature remaining family members Toni, Towanda, Trina, Tamar and matriarch Ms. Evelyn,
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Snap‘s revenue came in lighter than expected and its net loss was wider than anticipated — leading the Snapchat parent’s stock to drop more than 30% in after-hours trading Tuesday. Snap reported fourth-quarter 2023 revenue $1.361 billion, up 5% year-over-year, and a net loss of $248 million, or a loss of 15 cents per share.
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“Stranger Things” is heading into its fifth and final season, which likely won’t premiere on Netflix until sometime in 2025. Cast member Gaten Matarazzo recently appeared at MegaCon Orlando (via CBR) and was asked if there were any changes he would make to the show’s first four seasons, to which the actor didn’t hesitate to
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Actors and married couple Dave Franco and Alison Brie are set to star in the horror film “Together.” The feature comes from first-time writer/director Michael Shanks. “Together” will explore “the horror of co-dependency told in a unique way,” with additional details being kept under wraps. Franco and Brie will also produce the film, alongside Picturestart,
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