EXCLUSIVE: Channel 4 bosses will take home reduced bonuses in 2024 as 250 staffers are laid off.
EXCLUSIVE: Channel 4 bosses will take home reduced bonuses in 2024 as 250 staffers are laid off.
EXCLUSIVE: Following his stunning ouster from Verve, the agency he co-founded in 2010, where he’d most recently served as CEO, veteran agent Bill Weinstein looks to have found his next destination, as multiple sources tell Deadline that he’s in talks to join Paradigm.
Taylor Swift and Travis Kelce are making moves behind the scenes!
,” coordinated by , is the first collective action of its kind, with global companies such as fashion brand Hatch, stroller company Bugaboo, and postpartum wellness company Anya—supported by actor Freida Pinto—taking part.The day of action symbolizes what could happen if women are forced to exit the workforce because of the lack of paid family and medical leave. The United States is one of only seven countries in the world with no form of national paid family leave.
Todd Spangler NY Digital Editor Disney‘s current strategic direction under CEO Bob Iger got the thumbs-up from independent proxy voting and corporate governance advisory firm Glass Lewis, amid a campaign launched by two activist investor groups to win seats on the Mouse House’s board. Glass Lewis, in a March 18 report, recommended Disney shareholders vote for the Disney-selected 12 director nominees — and reject those put forward by Nelson Peltz‘s Trian Partners and another firm, Blackwells Capital — at the company’s annual meeting on April 3.
Proxy advisory firm Glass Lewis has recommended that Disney shareholders withhold votes for all board candidates except the company’s own.
Jennifer Maas TV Business Writer Former Activision Blizzard executive Chris Paulson has been named Skybound Games‘ executive vice president and general manager of games publishing. In his new role, Paulson will lead commercial strategy and go-to-market efforts for Skybound’s ambitious slate of games, including a new “secret project” Skybound revealed in connection with Paulson’s hiring announcement Monday.
EXCLUSIVE: YMU, the UK agency that reps Simon Cowell, Graham Norton, and Nicole Scherzinger, has confirmed its sale to private equity company Permira under a £60M ($76M) deal.
Naman Ramachandran Markus Breitenecker, currently CEO of ProSiebenSat.1 PULS4, has been appointed to the group’s executive board, with effect from April 1. Together with CEO Bert Habets, Breitenecker will take over the management of the German giant’s entertainment segment as chief operating officer.
Naman Ramachandran Robert Schildhouse will serve in an expanded role at streamer BritBox International following the departure of global CEO Reemah Sakaan. Schildhouse, who previously had stints with Hulu and CBS, joined the streamer in 2022, with his most recent position being general manager, North America, and group editorial for BritBox International, where he was instrumental in driving the service’s business growth in the U.S. and Canada.
Outlander fans reckon that Jamie Fraser actor Sam Heughan might be joining the Harry Potter movies after hinting at a move to the film franchise.
CBS is in the works on a brand new soap opera series with a Black family as the focus.
Gerald Levin, known to many as Jerry, wasn’t flamboyant. He wasn’t characterized, as were many of his media business contemporaries, by extravagant hobbies, odd peccadillos, inspiring speeches or a spicy personal life. He could be testy, but he didn’t engage in public brawls beloved by – and between – Ted Turner and Rupert Murdoch.
Jaden Thompson “Vanderpump Rules” producer Alex Baskin has tapped Joe Kingsley and Jeff Festa to join the creative executive team of his new company, 32 Flavors. He recruited both Kingsley and Festa from Evolution Media, his former company, where they all previously worked on unscripted projects together.
Gerald M. Levin, the former CEO of Time Warner who helped oversee its calamitous merger with AOL, died Wednesday in Long Beach, CA. He was 84.
Michaela Zee Gerald M. Levin, the media executive who orchestrated the disastrous merger of Time Warner and AOL, died Wednesday.
A post shared by AIF (@aif_uk)AIF CEO John Rostron said in a press release: “It’s with grave concern that we again sound the alarm to Government upon passing this critical milestone. UK festivals are disappearing at a worrying rate, and we as a nation are witnessing the erosion of one of our most successful and unique cultural industry sectors.”He continued: “We have done the research: a reduction of VAT to 5% on festival tickets over the next three years is a conservative, targeted and temporary measure that would save almost all of the festival businesses that are likely to fall by the wayside this year and many more over the years to come.
Disney’s latest salvo in a proxy fight with activist investor Trian Fund Management highlights the firm’s “silent partner” Ike Perlmutter and his “difficult history with Bob Iger.”
Are Kyle Richards and Mauricio Umansky ready to officially pull the plug on their marriage? The Agency CEO may have accidentally let the cat out of the bag last week during a boys’ trip to Aspen, Colorado!
RAYE has hit out at industry executives for underpaying songwriters while taking huge profits for themselves.The British artist – who took home a record-breaking six BRIT awards this month – said that songwriters are left “fighting over scraps of publishing”.Speaking in an interview with the Daily Star‘s ‘Wired’ column (per MusicNews), the ‘Escapism’ singer said: “For an industry that profits off songs, you got these CEOs and big label execs living in their fat huge Chelsea mansions, living a beautiful life, meanwhile songwriters you are profiting off are broke, can’t afford rent and fighting over scraps of publishing that is sat in bank accounts for two years before they receive a penny, because publishers have kept it in there so they can collect interest and make a whole separate business.”The artist also broke down the payment model for artists and songwriters, explaining: “Every single song that’s released in the world, there are 100 royalty points.“The label will take, say, 80 points. The artist, in a good deal, will take maybe 20, 15, or maybe 12 and then producers get four points, but it has to come out of the artist’s points.“And the songwriter doesn’t even get one point.
Former Manchester United captain Gary Neville has called out the Glazers for their 'negligence' in allowing Manchester United's Old Trafford to deteriorate to the state it is in today.
EXCLUSIVE: Amidst allegations of financial impropriety and corporate skullduggery, the collapse of the relationship between UTA and MediaLink founder Michael Kassan now sees the parties battling it out with competing legal actions and lots of finger pointing – even by Hollywood standards.
Matt Donnelly Senior Film Writer United Talent Agency has been accused of breach of contract and fraud in relation to its 2021 acquisition of the consultancy firm MediaLink. MediaLink founder and UTA partner Michael Kassan, whose exit from the company nearly a week ago has not yet been reported, claims that UTA CEO Jeremy Zimmer and two other top executives engaged in bad faith in the absorption and management of his company, according to documents filed with mediation service JAMS which Variety reviewed. This led Kassan to resign last week, the filing says.
Michael Kassan, CEO of MediaLink, the strategic advisory firm acquired by UTA in 2021, is out.
Max has made it official that New Line’s feature take of Stephen King’s 1975 bestselling novel Salem’s Lot isn’t going in theaters, but on the OTT service this year. No exact date has been announced.
Brent Lang Executive Editor “Salem’s Lot,” the long-gestating adaptation of Stephen King’s 1975 bestselling novel about vampires, will debut on streaming instead of premiering in theaters. New Line, the studio behind the horror film, officially announced that “Salem’s Lot” will appear on Max in 2024. Variety previously reported that the movie was forgoing a traditional theatrical rollout in favor of a streaming bow.
Scholastic Corp. is making a $186 million investment in children’s entertainment mainstay 9 Story Media Group.
Lionsgate CEO Jon Feltheimer recently picked up shares of the company on the open market and vice chair Michael Burns said today he thinks the purchase was spurred by a visit the set of the upcoming Michael Jackson biopic.
Jennifer Maas TV Business Writer A new independent gaming studio led by vets of “Doom” developer id Software has launched with initial seed funding from Sisu Game Ventures. Named emptyvessel, the gaming studio will focus on developing AAA video games.
Leo Barraclough International Features Editor Media and entertainment powerhouse Banijay has launched joint venture Dynamic Ally Pictures in Germany, further expanding its scripted capacity in the country. The Berlin-based production company, founded and led by “Helgoland 513” executive producers Veronica Priefer and Johannes Kunkel, is dedicated to developing, packaging and distributing scripted content for the German and international market.
Following a breach-of-contract lawsuit filed after he departed the agency, former CEO Bill Weinstein and Verve have agreed on a settlement.
Disney shares were up 2% at mid-day Monday, extending their recent rally, as the company renewed its attacks on activist investor Nelson Peltz.
Todd Spangler NY Digital Editor Sports news and commentary Deadspin has been sold again — and its entire staff has been laid off. Deadspin, once owned by Gawker Media, became part of G/O Media in 2019. In a memo to company staff Monday, G/O Media CEO Jim Spanfeller announced that Deadspin was sold to European firm Lineup Publishing.
EXCLUSIVE: America’s undiscovered K-pop stars are getting their shot at fame.
Todd Spangler NY Digital Editor In what’s poised to be one of the biggest initial public offerings of the year, Reddit disclosed financial details of its forthcoming IPO, through which it’s aiming to raise as much as $748 million. On Monday, in an update to its S-1 filing with the SEC, Reddit said it will offer 22 million shares, expected to be listed at an IPO price of between $31 and $34 per share.
Rebecca Rubin Film and Media Reporter Alamo Drafthouse is heading to the Sunshine State. The movie theater chain’s first Florida location will open in Naples in the spring. Alamo Drafthouse Naples will include a mini golf course in the lobby with each of the nine holes inspired by classic films.
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