Latest Business News
CAA Denies Prior Knowledge of Harvey Weinstein’s Crimes in Suit From Julia Ormond
When Julia Ormond sued CAA faulting the agency for encouraging her to take a meeting with Harvey Weinstein that eventually led to her being assaulted, the suit asked a pivotal question that may decide the case and lead to more legal action against the company depending on the answer: When did CAA’s top agents discover […]
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Hollywood Pantages Ushers to Distribute Leaflets Decrying “Poverty Wages” at ‘MJ: The Musical’ Showing
Amid negotiations with their employer over a first contract, a group of Pantages Theatre ushers is planning to distribute leaflets Thursday night decrying “poverty wages” and calling for “a living wage.” The workers will be leafletting and holding a banner outside a showing of MJ: The Musical, which begins its Pantages run Wednesday, in an […]
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NBCUniversal Considers New Theme Park in U.K. After Acquiring Land Outside London
NBCUniversal is considering whether to bring its theme parks business to the U.K. A spokesperson for Universal Destinations & Experiences confirms to The Hollywood Reporter that the company has purchased land in Bedford, about 45 minutes outside of London, and a stone’s throw from Luton Airport. “We recently acquired land in Bedford and are at the early stages […]
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ESPN Promotes Josh Krulewitz to Head of Communications
ESPN has promoted Josh Krulewitz to lead its communications team. A 32-year veteran of ESPN, Krulewitz will assume his new role as senior VP of communications Dec. 31, and will jointly report to ESPN chairman Jimmy Pitaro and Walt Disney Co. chief communications officer Kristina Schake. He succeeds Chris LaPlaca, who is retiring at the […]
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Fox News Promotes Gillian Turner to Anchor, State Department and Foreign Policy Correspondent
Fox News has promoted Gillian Turner to anchor and state department and foreign policy correspondent. Turner, who joined Fox News in 2014 and has worked as a correspondent and fill-in anchor since 2018, will now cover international and domestic issues at the State Department. Turner has previously covered news events like the Oct. 7 Hamas […]
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Comcast Says Hackers May Have Accessed Data on Millions of Xfinity Customers
Millions of Comcast customers may have had some of their data stolen in a hacking incident. The cable giant disclosed in a note to customers that due to a vulnerability in one of Comcast’s software providers, Citrix, “between October 16 and October 19, 2023, there was unauthorized access to our internal systems that we concluded […]
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Netflix’s Viewership Data Trove Cracks Open the Door for Agents, Too
Netflix’s release of viewing data for virtually its entire library provided the broadest public glimpse to date into the performance of movies and TV series on a streaming service. It could also prove to be a boon to the people who do business with the company. The streamer on Dec. 12 put out a list […]
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Endeavor Beats Idea Theft Lawsuit Over IPO Marketing
Endeavor won’t have to face a lawsuit from a consultant, who accused the company of stealing marketing materials from him that allegedly salvaged its $10.3 billion initial public offering. In a ruling, unsealed on Friday, Los Angeles Superior Court Judge Gregory Keosian found that David Carde didn’t have an implied contract with Endeavor when he […]
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Logan Paul’s Prime Beverage Brand Signs Up NFL Star Patrick Mahomes (Exclusive)
Patrick Mahomes isn hitting his Prime. The star quarterback for the Kansas City Chiefs has signed on as a spokesperson for Prime, the beverage and energy drink brand founded by social media stars and boxers Logan Paul and KSI. Mahomes will become the face of Prime’s flagship product, Hydration, meant to be a healthier alternative […]
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Activision Blizzard Reaches $54.8M Settlement to Resolve Pay Disparity, Discrimination Claims
Activision Blizzard has reached an approximately $55 million settlement with California’s Civil Rights Department to resolve pay disparity and discrimination claims, the agency announced on Friday. The gaming giant behind Call of Duty and World of Warcraft had been accused of discriminating against women denying them promotion opportunities and paying them less than men for doing […]
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German Mini-Major Leonine Launches Animation Division With Toon2Tango Acquisition
German mini-major Leonine Studios has taken full control of German animation group Toon2Tango and is using the Munich-based outfit as the basis of a new division, Leonine Animation Studios. Leonine, which acquired a 25.1 percent stake in Toon2Tango in October 2022, will hold 50 percent of the new division, with Toon2Tango principles Hans Ulrich Stoef […]
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Disney’s Legal Woes Mount As Exec Notes “Pay Equity Nightmare” in Unsealed Court Docs
In 2014, Nancy Dolan — manager of creative music marketing at Disney — was denied a promotion to director over the objections of her supervisor, president of music Mitchell Leib, who said she was “worth her weight in gold.” He urged higher-ups to reconsider the decision. “Nancy back-filled and took over the entire position of […]
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‘Green Book’ Writer’s $34M New Movie Production Sued By IATSE Over Alleged Unpaid Crew
The producers of That’s Amore ran out of money and skipped town without paying $570,000 in wages to dozens of workers while continuing to incur costly expenses to promote the movie, according to a complaint filed against the production. In a lawsuit, filed in New York federal court on Dec. 8, IATSE says that it […]
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‘I Am a Voter’ Co-Founder Mandana Dayani Signs With CAA (Exclusive)
Human rights activist and business leader Mandana Dayani has signed with CAA. Dayani created and founded along with CAA I am a voter., a nonpartisan organization looking to boost civic engagement. More recently, she served as president of Archewell, the Los Angeles-based production, audio and philanthropic company founded by Prince Harry and Meghan Markle. Archewell […]
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“For Sale” Sign on Paramount Will Shape Shari Redstone’s Legacy
The entertainment company that everyone in Hollywood is talking about is based in a nondescript three-story office building in the Boston suburb of Norwood, Massachusetts. Nestled between an indoor ice-skating rink and a Home Depot distribution center is the headquarters of National Amusements, Inc., a movie theater operator with 22 cinemas in the U.S., almost […]
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Sports Rights Arms Race Reshapes the Streaming Wars
To understand the connection between sports and streaming video, consider this: Amazon’s $1 billion per year deal to stream Thursday Night Football is literally changing U.S. internet habits. Comcast president Mike Cavanagh, speaking Dec. 4 at a UBS conference, said Amazon’s TNF game “comprises roughly 25 percent of all internet traffic on Thursday nights” and that it single-handedly […]
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