Strikes Cost Paramount $60M In Latest Quarter As CEO Bob Bakish Hopes Actors’ Walkout Ends Soon

Caroline Brew editor The Motion Picture and Television Fund has launched its “Back to Work” campaign to fundraise for crew members who were financially impacted by the work stoppage as a result of the writers and actors strikes. “While the agreement between the WGA and AMPTP and the tentative agreement between SAG-AFTRA and AMPTP are certainly encouraging, our crews will continue to struggle for many months to come,” MPTF president & CEO Bob Beitcher said in a statement.

After poor theatrical showings throughout 2023, and Marvel Studios and the MCU teetering for the first time after “The Marvels,” many look to Disney in anticipation of what the studio will do to right the ship. And maybe the first glimpse of an antidote is here.

Disney CEO Bob Iger confirmed that Frozen 4 is in the works, with the new installment joining the previously confirmed Frozen 3.

Maestro” — opposite director Bradley Cooper — Carey Mulligan turns what might have been Cooper’s solo performance into a duet. Born in Costa Rica and raised in Chile, Felicia is an up-and-coming actor in New York City when she goes to a party and meets Lenny, an ambitious conductor and composer.

MPTF is launching the “Back to Work” campaign, a fundraiser to assist crew members impacted financially by the Hollywood strikes.

CBS is revealing their new TV schedule!

New Edition in Las Vegas sold out.“We sold that boy out in record time, that’s crazy,” the band shared on Instagram.And while it may seem like there aren’t any tickets to catch the famed R&B group’s six-concert residency at the intimate Encore Theater at Wynn Las Vegas from Feb. 28 through March 9, 2024, we’re here to dispel that notion.As of now, tickets to hear Ronnie, Bobby, Ricky, Mike, Ralph and Johnny croon the classics like “Candy Girl,” “Can You Stand The Rain,” “If It Isn’t Love,” “Cool It Now” and “Mr.

2023 has been full of unexpected celebrity splits. Among the long list of separations and divorces, Reese Witherspoon and Kevin Costner gave some important updates on their respective relationships, which have resulted in a series of speculations about new possible romances.CELEBRITY SPLITS 2023: THE MOST UNEXPECTED DIVORCES AND BREAKUPSWHY MERYL STREEP AND DON GUMMER DECIDED TO SEPARATE AFTER 45 YEARS OF MARRIAGEThe 47-year-old actress and the 68-year-old actor are the latest pair to be rumored to be linked together.

Charter Communications CEO Chris Winfrey recently encountered a TV ad that conjured memories of his company’s carriage battle with Disney last September. This commercial message, however, came from a different legacy media company pushing into subscription streaming.

Media stocks popped Thursday, well outperforming the broader market, after news that the months longs SAG-AFTRA strike has been settled, with the actors’ guild and the AMPTP announcing a agreement last night. Halted productions can soon look to restart, the theatrical release calendar can stop shifting and the industry begin to get back to normal after a tough summer and fall.

“Let me start by saying that we are hopeful we will reach a resolution to the SAG-AFTRA strike. We made a last and final offer, which met virtually all of the union’s goals, and includes the highest wage increase in 40 years, and I believe it provides for a positive outcome for all involved. We recognize that we need our creative partners to feel valued and rewarded and look forward to both sides getting back to the business of telling great stories,” Warner Bros. Discovery CEO David Zaslav said at the top of the company’s post-earnings call with Wall Street. He’s spoken in the same vein before about the SAG-AFTRA (and now-settled) WGA strikes — but actors are closer now with the AMPTP’s last and final offer currently being tweaked.

Endeavor CEO Ari Emanuel expressed hope that “the strike ends in the next couple days,” referring to the SAG-AFTRA impasse still paralyzing Hollywood.

Paramount CEO Bob Bakish has long touted “hard bundles,” the hybrid carriage agreements found in Europe and other international markets that weave streaming into conventional pay-TV packages.

Brian Steinberg Senior TV Editor Paramount Global saw a third-quarter profit hike thanks to new revenue from its streaming and film operations even as its largest business, linear TV, grappled with flat distribution revenue and a downturn in advertising dollars. The New York owner of CBS, the Paramount movie studio and the Nickelodeon cable network said revenue rose 3% during the period, largely due to a 38% increase in its streaming business and a 14% hike from its film division, which benefitted from the latest releases in the “Mission Impossible” and “Teenage Mutant Ninja Turtles” franchises.

Kenneth Vargas’ first goal for Hearts earned them a hard-fought win against Livingston at Tynecastle.

Bob Dylan keeps on chugging along.The 82-year-old Rock and Roll Hall of Fame inductee, who is currently midway through his ‘Rough And Rowdy Ways Tour,’ has 21 U.S. concerts remaining on his schedule.That includes seven (!) shows in New York and New Jersey from Nov. 7-21.First, the inimitable Nobel Prize winner will perform back-to-back nights at Port Chester, NY’s Capitol Theatre on Tuesday, Nov.

told Page Six while walking the red carpet. “I need all my friends around me. I thought it would be fun to do a costume with a bunch of people … where we all make amazing formations.”Klum’s husband, Tom Kaulitz, even dressed up as a massive peacock egg.

Chinese spy balloon that was shot down after it had floated clear across America’s airspace — eight days and more than 4,000 miles after it first breached the US border.“Every year there is a new story that we are all fixating on,” Kaufman explained. “This year is what this one: the Chinese spy balloon? At first, no one knew what it was [or] why it was there — a floating balloon flying across the U.S.

Molly Hurwitz is remembering her former fiance Matthew Perry.

Paramount has completed the $1.62 billion sale of book publisher Simon & Schuster to investment firm KKR, nearly a year after a richer sale to Penguin Random House ran aground over regulatory issues.