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MGM Employees Offered Contract Extensions As Amazon Fold-Up Takes Shape – The Dish
19.11.2022 - 02:55 / deadline.com
EXCLUSIVE: The process of integrating MGM into the broader Amazon universe is starting to gain momentum eight months after the $8.5B sale by the tech giant was completed.
Deadline understands that employees across MGM’s television and film business who have contracts have been offered one-year extensions as Amazon begins to bring the vaunted Hollywood studio inside its entertainment division. This follows the first step in combining the workforces which involved looking at the executive levels within Amazon Studios and MGM and aligning the structures at the two companies.
The new contracts for MGM staffers, who could opt out, go through December 31, 2023 when they would become at-will Amazon employees, sources tell Deadline. The move is designed to help with the integration process, making the switch more gradual. Amazon does not employ contracts, even at the top executive level and compensation is also structured differently, with a base and stock.
One-year contracts for the employees of an acquired company are somewhat standard procedure, especially in high-profile deals that go through extensive regulatory approval. Earlier this year, CAA extended similar proposals to ICM Partners staffers in the major agency acquisition.
This comes as there are still question marks about the leadership of the two major elements of MGM – the television and film studios.
On the film side, the company must replace Michael De Luca and Pam Abdy, who departed for Warner Bros. over the summer. Word has been that the former Warner Bros. President of Production and Development Courtenay Valenti, who spent 33 years at the studio with credits including the Lego franchise, the last four Harry Potter films and Elvis, has been in discussions.
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usmagazine.com
05.12.2022 / 23:01
Sofia Richie Breaks Down ‘Strict Diet’ Ahead of Wedding to Elliot Grainge: From Fasting to Her Workouts
Here comes the bride! As Sofia Richie prepares to exchange vows with Elliot Grainge, the model offered a glimpse into her diet and workouts.
deadline.com
01.12.2022 / 08:03
John Hadl Dies: Star Quarterback For The San Diego Chargers Was 82
Quarterback John Hadl, one of the stars of the upstart American Football League who appeared in six Pro Bowls and had one All-Pro nod, died Wednesday. He was 82 and no cause was given.
deadline.com
30.11.2022 / 04:57
MGM Unscripted Chief Barry Poznick Set To Stay Following Amazon Fold-Up But Questions Surround Structure
It’s been a busy week at Amazon as the restructure involving MGM takes hold.
glamour.com
28.11.2022 / 09:13
50 Best Sephora Cyber Monday 2022 Deals: Shop on Lancôme, Urban Decay, Tom Ford
and on our lists, all without the familiar panic that comes with seasonal shopping. But before you get into the marked-down goodness, there are some things you should know about the sale since (in typical Sephora fashion), the black-and-white striped retailer loves to hand out surprises for its members. On November 21, all Sephora shoppers can participate in the retailer’s , which runs through November 28.
glamour.com
26.11.2022 / 08:13
38 Best Sephora Cyber Monday Deals 2022: Shop Lancôme, Urban Decay, Tom Ford & More
and on our lists, all without the familiar panic that comes with seasonal shopping. But before you get into the marked-down goodness, there are some things you should know about the sale since (in typical Sephora fashion), the black-and-white striped retailer loves to hand out surprises for its members. On November 21, all Sephora shoppers can participate in the retailer’s , which runs through November 28.
usmagazine.com
24.11.2022 / 08:17
Kourtney Kardashian Gushes About How Travis Barker Is a ‘Really Amazing Father,’ Offers Glimpse at Their Blended Family
Quality time together. After hitting pause on baby plans, Kourtney Kardashian praised the way she and husband Travis Barker were able to hang out with their kids.
deadline.com
24.11.2022 / 02:05
Amazon Commitment To 8-10 Films Annually: What This Means
Exhibition stocks were up today on news from Bloomberg that Amazon is going to commit a reported $1 billion to theatrical releases annually.
usmagazine.com
21.11.2022 / 23:13
Larsa Pippen Gets Heckled at San Diego Chargers Game Over Romance With Michael Jordan’s Son Marcus Jordan
Not on their team. Larsa Pippen was heckled about her romance with Michael Jordan‘s son Marcus Jordan while attending a football game.
deadline.com
21.11.2022 / 14:53
Women In Film And Television International Sets New President, Susan Liddy Takes Over From Outgoing Helene Granqvist
Irish academic Susan Liddy has been elected as the new president of Women in Film and Television International (WIFTI), replacing Swedish producer Helene Granqvist who has been in the role since 2018.
deadline.com
17.11.2022 / 20:33
‘Sofia The First’ Spinoff Series In Development At Disney Junior As Series Creator Craig Gerber Extends Overall Deal
There are more stories from Sofia the First coming to Disney Junior. A spinoff series from creator Craig Gerber is in development as part of his overall deal with Disney Branded Television.
dailyrecord.co.uk
17.11.2022 / 15:21
Neighbours bosses announce soap will return in 2023 just five months after being axed
Neighbours will be returning to our TV screens in 2023. The Australian soap is going to be available to watch on Amazon Freevee next year - just five months after it was axed.