By Jill Goldsmith
25.03.2020 - 03:49 / deadline.com
By Jill Goldsmith
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List of small-screen productions that have been halted
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List of impacted events from festivals and cinemas to sports and…
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By Jill Goldsmith
It's official, the Oneders are getting the band back together for a good cause. That Thing You Do! stars Tom Everett Scott, Johnathan Schaech, and Ethan Embry all announced on their social media pages Monday that they will be reuniting online for a live watch party in support of MusiCares COVID-19 relief fund on Friday, April 17 at 7 p.m. ET/4 p.m. PT on their new YouTube Channel.
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
Cast & Crew, the entertainment industry's ubiquitous payroll, accounting and human resources software brand, is following other companies' leads in implementing furloughs and pay cuts amid the coronavirus outbreak. The company, which also offers workflow and productivity software, on Thursday announced that it would furlough "a significant percentage" of its workforce and reduce hours for remaining employees.
By Jake Kanter
She was admitted to hospital earlier this week
By Jill Goldsmith
AMC Networks is the latest entertainment company to withdraw its earnings guidance due to the coronavirus pandemic. In a filing with the Securities and Exchange Commission on Friday, the company outlined the challenges it has faced related to the pandemic.
AMC Networks is the latest company to warn that its financial outlook has become impossible to predict with the coronavirus pandemic and resulting economic turmoil.
By Jill Goldsmith
ViacomCBS, led by CEO Bob Bakish, said Friday that the coronavirus pandemic could have a "material" impact on its results, withdrew its 2020 financial guidance and said it was planning "cost savings initiatives" to offset some of the expected revenue losses. "Global concerns about the coronavirus disease 2019 have impacted the macroeconomic environment, as well as ViacomCBS Inc.’s business," ViacomCBS said in an early morning statement.
By Jill Goldsmith
ViacomCBS on Friday became the latest media giant to warn investors about the grave threat to its business operations posed by the fallout from the global response to the coronavirus pandemic.