Latest Business News
Another Sobering Snapshot of Hollywood’s Production Decline
A Luminate report finds the total number of TV episodes produced in 2024 fell by nearly 5,000 compared to just two years earlier as streaming and broadcast networks curb spending.
- By
‘South Park’ Streaming Rights Standoff: Warner Bros. Discovery Wins Ruling Clearing Way for Trial
The summary judgment ruling opens the door to discovery on Paramount's understanding of its deal with WBD and, possibly, Paramount's viewership and subscriber metrics as they relate to the series.
- By
Justin Baldoni’s Lawyer Once Sued Him for Allegedly Stealing a Script From a Man With Cystic Fibrosis
Bryan Freedman, now defending his client against Blake Lively’s accusations over 'It Ends With Us,' claimed Baldoni’s directorial debut 'Five Feet Apart' violated the copyright of a man who’d previously appeared on Baldoni’s docuseries about terminally ill young people.
- By
Jeffrey and Marilyn Katzenberg Donate $5M to Motion Picture & Television Fund for Fire Relief
"The wildfire devastation is unlike anything Los Angeles has ever faced, and we must act urgently to help people in immediate need," the DreamWorks co-founder said in a statement.
- By
Adobe Makes Additional $5M Grant to Fund For Underrepresented Creators, $1M For Fire Relief
The $1 million donation will be given to the Wildfire Recovery Fund and the Entertainment Community Fund.
- By
Nielsen Earns Accreditation for ‘Big Data + Panel’ Ratings Measurement
The Media Rating Council approves the company's use of traditional panel sampling alongside input from millions more homes.
- By
Netflix to Open Restaurant in Las Vegas Next Month as Live Experiences Business Expands (Exclusive)
'Stranger Things' chicken and waffles and 'Bridgerton' tea service will be available at a new location for Netflix Bites, opening at the MGM Grand on Feb. 20.
- By
Netflix Analysts See More Upside After Record Sub Gain, Price Hikes as Stock Hits All-Time High
The streaming giant gets the latest round of stock price target hikes as experts opine on advertising and live sports upside: "As good as it gets? We don’t think so."
- By
Prince Harry Settles Privacy Case as Murdoch’s ‘The Sun’ Owner Offers Him “Unequivocal Apology”
NGN also apologized to the Duke for the impact on him of the "extensive coverage and serious intrusion into his private life as well as the private life of Diana, Princess of Wales."
- By
Chris Brown Files $500M Defamation Lawsuit Against Warner Bros. Discovery Over Sexual Assault Claims in Documentary
The singer takes issue with an accuser stating in the documentary that he raped her, as well as the portrayal that he has a "predisposition for punching women in the face."
- By
Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
- By
Broadway Box Office: ‘Our Town’ Brings in $1M in Closing Week
The revival starred Jim Parsons, Zoey Deutch and Katie Holmes.
- By
Netflix Raises Prices in First Major Hike Since 2023
The streaming giant is upping the cost of its standard ad-supported tier to $7.99 a month in the U.S., up from $6.99, and the standard plan is increasing by $2.
- By
Netflix Adds Record-Breaking 19M Subscribers in Latest Quarter
The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
- By
Leanne Loombe to Head Games at Annapurna (Exclusive)
Loombe joins the Megan Ellison outfit from Netflix’s gaming division.
- By
Legendary Teams With Patrick Wachsberger to Launch Standalone Production and Sales Banner
The joint venture, titled 193, will be co-owned by Legendary and produce its own slate of films to sell as well as rep global distribution rights for titles.
- By