CAA Cuts Pay Amid Pandemic, Agency Co-Chairmen to Forgo Salary

Audio entertainment giant SiriusXM, the home of Howard Stern, on Tuesday said it added self-pay subscribers in its satellite radio and Pandora businesses for the first quarter, the first one affected by the coronavirus pandemic. But the company, controlled by John Malone's Liberty Media, withdrew its 2020 guidance amid the pandemic and said its satellite radio subscribers fell when including promotional subs.

With movie theaters shuttered worldwide in the wake of the coronavirus pandemic, the theatrical film business has never looked more precarious. But that's not stopping China's largest exhibition company from doubling down on cinema construction.

Audio entertainment giant SiriusXM, the home of Howard Stern, on Tuesday said it added self-pay subscribers in its satellite radio and Pandora businesses for the first quarter, the first one affected by the coronavirus pandemic. But the company, controlled by John Malone's Liberty Media, withdrew its 2020 guidance

Comcast-owned European pay TV giant Sky's U.K. unit has moved up some shows and delayed others amid the coronavirus pandemic, but "in terms of 2020, it is pretty set" with "a few changes," Zai Bennett, managing director content at Sky U.K., said Monday.

A collection of Japan's art house cinemas have banded together to launch a streaming service, dubbed the "Temporary Cinema," to keep the country's indie film community afloat during the novel coronavirus pandemic. The platform is launching with a lineup of 10 Japanese and international indie movies that previously were scheduled to open theatrically at independent cinemas in the country throughout the spring.

By Dave McNary

Timing is everything. Haylie Duff got real about not considering wedding plans with fiancé Matt Rosenberg amid the coronavirus pandemic.

By Variety Staff

Michael Che is doing what he can to help those in need, and pay tribute to his late grandmother.

By David Robb

Media and publishing giant Condé Nast is cutting salaries, instituting furloughs and putting a freeze on new hires amid the novel coronavirus pandemic that has decimated the economy. CEO Roger Lynch outlined the cost-saving measures in a memo sent to staff Monday morning.

Pay TV giant Dish Network has decided to cut an undisclosed amount of jobs and evaluate its business strategy amid the novel coronavirus pandemic. The company had 16,000 employees as of the end of 2019 and didn't say how many of them were affected by the job cuts.

With the live events industry facing an uncertain future, Live Nation president/CEO Michael Rapino will forego his salary, part of a variety of cost-cutting measures the events promoter is implementing to save $500 million by the end of 2020. Live Nation will cut salaries for senior executives by up to 50%. Rapino's pay will go from $3 million to zero, president

By Todd Spangler

As Hollywood shutters amid a novel coronavirus pandemic, Blumhouse is the latest firm to implement pay cuts for senior leadership as well as layoffs. The Los Angeles-based production company is cutting eight staffers across its film and TV divisions, The Hollywood Reporterhas confirmed.

CAA is the latest agency to implement paycuts as the industry continues to weather the novel coronavirus pandemic, The Hollywood Reporter has confirmed. Announced via video conference this morning, the reductions in pay will be companywide and proportionate – meaning higher earners take deeper cuts – maxing out at 50 percent, with the exception of co-chairmen Richard Lovett, Bryan Lourd and Kevin Huvane, who will forgo the remainder of their salaries for 2020.

Eventbrite announced to staff on Wednesday (April 8) it is laying off 45% of the company -- most of which will come from the music division, sources tell Billboard.