EXCLUSIVE: We first told you about a year ago that Lionsgate was in talks with STX to distribute and market the Bob Simonds-run studio’s movies, and today we can report that both companies have closed a deal.
04.08.2023 - 10:13 / deadline.com
Warner Bros. Discovery (WBD) and Liberty Global’s bid to sell The Tourist and Traitors maker All3Media could be hampered by concerns over a hefty debt pile and weighty £1B ($1.3B) valuation.
Despite ITV pulling out of the running for the super-indie last month, our sources remain confident that a deal will ultimately make but several have told us that challenges in the global economy could hold up the process and that interested parties still have multiple concerns.
Mike Fries, CEO and Vice Chairman of All3’s part-owner Liberty Global, recently signaled a “broader [sales] process” will get underway in September after UK network ITV walked away. We hear prospective buyers have baulked at the estimated £1B valuation, especially amid a downturn in the ad and streaming markets and during two strikes, let alone economic challenges in the UK and other parts of Europe.
“People are saying that it’s too expensive and is priced as if this is happening before the [downturn],” said one source who has spoken with multiple advisors involved in the process.
The likes of Banijay, which acquired Endemol Shine Group in 2020, have been rumored to be taking an interest. RTL-owned Fremantle, meanwhile, has been mooted several times but we understand it is not looking at All3 despite spending big over recent years on several high-profile indies.
ITV publicly declared its interest in All3 in mid-June. We understand this went much deeper and that the broadcaster went far into due diligence before subsequently killing a deal a month later, saying only it was “no longer actively exploring” the acquisition. Prior to pulling out, ITV had been far enough down the line that ITV Studios’ bosses met with All3 counterparts to assess integration and
EXCLUSIVE: We first told you about a year ago that Lionsgate was in talks with STX to distribute and market the Bob Simonds-run studio’s movies, and today we can report that both companies have closed a deal.
Ed Droste, vocalist in Grizzly Bear, has confirmed details of a professional pivot. Posting on Instagram on Monday, Droste revealed that he is now working as an associate therapist in Los Angeles and is available both in-person and virtually.
Naman Ramachandran Global film distributor, production company and streamer Mubi has acquired international rights, excluding North America and Italy, for Sofia Coppola’s “Priscilla,” which will premiere in competition at the Venice Film Festival. Mubi will retain all rights in the U.K., Ireland, Germany, Austria, Latin America, Benelux and Turkey. Mubi will release the film theatrically in the U.K., Ireland, Germany, Latin America, Belgium and Netherlands and will reveal release dates imminently.
Days after reality star Christine McGuinness was papped locking lips with pal Chelcee Grimes, a source close to the mum-of-three insists that though she is enjoying feeling "liberated", she still holds a lot of love for ex-husband Paddy. "Paddy is still her ‘acting husband’ as they’re continuing to maintain a united front for the kids," our insider exclusively told OK! this week.
As summer reaches its final weeks, it’s time to prepare for the Fall TV season. And FX‘s slate has a couple of intriguing additions to its rosters.
Jennifer Maas TV Business Writer SPOILER ALERT: This interview contains spoilers from the Season 1 finale of “Gordon Ramsay’s Food Stars” on Fox. A (food) star was born on Fox Wednesday, when Gordon Ramsay picked the winner of his new food business-focused competition series.
Millie Bobby Brown is set to release her debut novel this year.The actor, best known for playing Eleven in Netflix’s Stranger Things, officially announced the upcoming book, titled Nineteen Steps, in March on Instagram.In the post describing the novel, she wrote: “Nineteen Steps is a historical novel about an amazing, courageous 18-year-old woman called Nellie Morris, who lives with her family in Bethnal Green, in London’s East End, while the Second World War rages on around them.“When a tragic accident occurs during an air raid one night, the consequences are catastrophic – and life will never be the same again for Nellie.”A post shared by Millie Bobby Brown (@milliebobbybrown)In a blog post, author Kathleen McGurl confirmed she had collaborated with Millie Bobby Brown on the novel. “I was sent a lot of research that had already been pulled together by Millie and her family, and plenty of ideas, and we had a couple of Zoom calls,” she wrote.“And then I knuckled down and wrote the first draft, while Millie continued sending more ideas via WhatsApp.
Elon Musk or Mark Zuckerberg has been telling some lies on their platform. There has been a lot of buzz about a potential fight between the billionaires, but now they are just pointing fingers at each other as to who is the real reason it’s not happening. On Sunday, the 39-year-old took to Threads to say he was moving on from the fight after trying to set “a real date” with the 52-year-old.
Zack Sharf Digital News Director With the long “Elvis” awards season behind him, Austin Butler is gearing up for two major upcoming releases: Denis Villeneuve’s “Dune: Part 2” and the Apple TV+ miniseries “Masters of the Air.” The latter comes from executive producers Steven Spielberg and Tom Hanks and serves as the third installment in their long-running World War II saga that also includes the acclaimed “Band of Brothers” and “The Pacific.” In a recent interview with The Times of London, Butler revealed that he nabbed a starring role in “Masters of the Air” after Hanks grew concerned about his mental health on “Elvis.” According to Butler, Hanks told him: “You have immersed yourself so deeply in ‘Elvis’ that, for your mental health, it would be wise to go straight into something else. If you just jump off the train, you might have emotional whiplash… and, you know, I’ve got this thing I’m producing.'” Butler said “Elvis” forced him “to go to the very edge of what is possible, and not every experience will be like that.
Elvis co-star Tom Hanks to save him from “emotional whiplash”.The actor, who received an Oscar nomination for his performance as Elvis Presley in the biopic, said Hanks expressed concern after he was consumed “so deeply” by the role for two years.Hanks’ concern led him to offer Butler a part in upcoming Apple TV+ series Masters Of The Air, which he’s co-producing with Steven Spielberg, to help him detach from Elvis.Speaking to The Sunday Times, Butler said that Hanks told him: “[Hanks] said, ‘You have immersed yourself so deeply in Elvis that, for your mental health, it would be wise to go straight into something else. If you just jump off the train, you might have emotional whiplash…“And, you know,’ Hanks continued.
Spoiler alert! If you haven’t seen this week’s episode of “And Just Like That”, proceed with caution.
Experts are warning that renting could get even more expensive soon as a result of further increased demand and low supply. Rents are now expected to rise sharply once again in the next few months amid the already crippling cost of living crisis.
Welcome back to another week of Carrie and Aidan's Love-A-Palooza, where time is a construct and real-life problems don't exist. On this week's episode of the Max spinoff series,, Carrie Bradshaw (Sarah Jessica Parker) and Aidan Shaw (John Corbett) are still riding the midnight train to Virginia like it ain't no thang.
David Harbour has the fifth and final season of “Stranger Things” in front of him, awaiting strike settlements before production begins.
Editors note: One in a series of stories marking the 100th day of the WGA strike.
Wayfair's Anniversary sale is here which makes it the best time to score deals on furniture and home goods. During Wayfair's biggest sale of the year, you can find amazing deals across living room essentials, mattresses, sleeper sofas, and more. What especially caught our eye are deals on work-from-home office chairs, that are also perfect for students who do most of their studying from home.
told the Los Angeles Times that attempts to arrange a meeting with Netflix — to demand that members be compensated with the same residual model as American members of SAG-AFTRA — have gone unanswered for months.“One of [Netflix’s] first priorities when entering the local market should be to establish some channel of communication with groups like us,” the country’s answer to Fran Drescher said.“But there’s no answer at all.”Residuals have recently been in the news as American actors and writers striking for fair compensation post their often insultingly meager checks, ranging from a single penny to a few dollars. As opposed to the royalties paid in broadcasting, residuals must be paid in perpetuity to actors in the United States, based on how many times their films and shows are streamed.
Looking for something new to entertain the kids this summer? Throughout August, a child aged 17 and under goes free to 40+ top London shows when accompanied by a paying adult with Kids Wee! Plus, an additional two children go half price! To celebrate this amazing offer (only available at OfficialLondonTheatre.com ), we’re giving 6 readers the chance to win a £250 Theatre Tokens voucher to spend. From interactive shows made just for kids to musicals that’ll get your teens off their phones, there’s something for everyone.
The thing about hair is that when it’s looking fabulous, you often feel that way too. It’s intrinsically linked to our sense of worth. Wake up with hair looking on the right side of bedhead, and you’ll have a smug disposition all day.
Post Malone is speaking out about his life as a new dad.