Activist Investor Dan Loeb Calls on Disney to Halt Dividend and "Double" Streaming Budget

Short-form streaming service Quibi is closing down just over six months since launching, the company has announced.

Katherine Schwarzenegger is speaking out in response to the internet deciding that her husband Chris Pratt is the “worst Chris” in Hollywood.

urged fans to boycott Love’s version of the Beach Boys after they chose to perform at an annual convention for Safari Club International, an organization that supports trophy hunting.

Christopher Vourlias When the coronavirus pandemic arrived in Hollywood earlier this year, shutting down productions and throwing the industry into chaos, not even veteran TV executive Michael Ellenberg, the former HBO head of drama responsible for commissioning iconic series such as “Westworld,” “Big Little Lies,” “True Detective,” and “The Leftovers,” could have predicted such a robust, industry-wide call to arms.“If you had told me today that Hollywood would have a vast series of testing

he said in a speech from Greenville, North Carolina that aired live on Fox News Thursday.“It’s NBC, the worst. Home of Sleepy Eyes Chuck Todd and some others,” he continued, also calling out NBC Nightly News anchor Lester Holt.Then he took a moment to tear into his opponent, former Vice President Joe Biden.“They gave Joe Biden, a week ago, a town hall, and it was meant for children.

There are many reasons these days to want to get away from it all: being cooped up too long with a bad case of Zoom fatigue; the family’s constant chattering finally getting on that last good nerve; needing a break from endless doom scrolling. For some people in Hollywood, cars during stay-at-home orders in California represent, more than they ever have, a way to escape.

When Bob Chapek took over as CEO of Disney, things were going really, really well. The films were making billions of dollars, the theme parks were humming along, and Disney+ was launching at just the right time.

Cardi B is celebrating her 28th birthday on Sunday (October 11) and her estranged husband Offset gave her a surprise present to kick off the weekend! The 28-year-old Migos rapper placed a birthday billboard for Cardi on Sunset Boulevard in West Hollywood, California. Cardi posted a video on her Instagram account from when she saw the billboard for the first time. It has a photo of Cardi and her daughter Kulture and reads, “Happy birthday Mommy.

Karen Gillan has said that if she hadn’t become an actress she would have been a therapist.The Hollywood star said she enjoys reading psychology essays and is fascinated by the subject.The 32-year-old, who has starred in hit films such as Avengers: Infinity War, Guardians Of The Galaxy and Jumanji, said she likes learning about mental health conditions in her free time. Karen, from Inverness, said she then uses that knowledge to improve her acting roles.She used psychology essays to research

There are few love stories in Hollywood as epic as Beyonce and Jay-Z. The power couple first met in 2000 while traveling on the same plane to MTV Spring Break in Mexico, and hit it off immediately.

There was no fancy quiche this year for the top money managers in Hollywood, but that didn't stop The Hollywood Reporter from celebrating the industry's Power Business Managers at its annual event, albeit virtually.

Brent Lang Executive Editor of Film and MediaDan Loeb believes that The Walt Disney Company could conquer the world of streaming.

Megan Fox‘s new romance with rocker Machine Gun Kelly has catapulted her into the spotlight. While the actress, 34, is no stranger to fame and flashing lights, Megan’s usually very private when it comes to her personal life — specifically her romances. Although she spent most of her career with ex-husband, actor Brian Austin Green, Megan has dated a few notable names in Hollywood. As her relationship with MGK continues to flourish, relive every one of Megan’s relationships:

Dade Hayes Finance EditorDaniel Loeb, whose Third Point hedge fund owns a small stake in Disney, is urging the media giant to ditch its shareholder dividend and re-route those funds to streaming.“Beyond bringing additional subscribers onto the platform, increased velocity of dedicated content production will deliver several knock-on benefits spread across your existing base including elevated engagement, lower churn, and increased pricing power,” Loeb wrote in a letter to Disney CEO Bob Chapek,

Brent Lang Executive Editor of Film and MediaDaniel Loeb is calling on the Walt Disney Company to suspend its dividend and reinvest the money in acquiring and producing new content for its streaming services At the same time, the Third Point hedge fund chief argues that Disney should take more of its upcoming blockbusters and place them on Disney Plus, suggesting that streaming services and not theatrical exhibition are the future of movies “Just this week, Regal Cinemas shuttered all its US

Pete Hammond Awards Columnist/Chief Film CriticIn a letter sent to “the TCM Classic Film Festival Community” today. Turner Classic Movies has confirmed that , due to the ongoing Coronavirus pandemic, their live and in person Four Day Classic Film Fest which normally takes place in April in  Hollywood is formally moving to a virtual format in 2021.

Ted Johnson Joe Biden will participate in an NBC News town hall on Oct. 5 in Miami, with Lester Holt moderating.The event was announced following this evening’s debate between Biden and President Donald Trump.This will be Biden’s second town hall of the fall campaign.