The NFL is headed into the playoffs with its head held high after scoring the best regular season audience in years.
27.12.2023 - 18:35 / variety.com
Jennifer Maas TV Business Writer Hollywood had a rough year in many areas — but the stock market largely was not one of them. Wall Street is poised to finish out 2023 up double digits: As of Dec. 27, the S&P 500 index has climbed 25% year to date and is nearing an all-time high record close.
And in general, the majority of media companies saw their shares rise over the past 12 months, rebounding from a disastrous 2022. Some experienced significant reversal in stock performance, led by Roku (up 134% between Jan. 3 and Dec.
26), as investors regained enthusiasm for its streaming outlook amid the company’s cost-cutting moves. Other gainers were Lions Gate (+89%), Amazon (+79%), Netflix (+67%), Apple (+55%), Comcast (+26%), Sony (+22%), Warner Bros. Discovery (+21%) and AMC Networks (+15%).
Those with smaller bumps, but bumps nonetheless, include Endeavor (12%), Disney (+2.2%) and Imax (+2%). Then there were the companies that didn’t fare as well. The leader in this unfortunate pack was theater chain AMC Entertainment (-84%): The stock boomed in 2021 after it achieved “meme stock” status with an influx of retail shareholders, then fell back to earth last year — and plummeted further in 2023.
Shares of AMC Entertainment slumped 65% in August after it announced it would convert its preferred equity units, called “APE” shares, to common stock one year after they began trading in the market. Then in September, the stock fell more than 30% after the company disclosed plans to sell up to 40 million new shares to raise cash. Others that fell a few pegs include Paramount Global (-10%), Nexstar Media Group (-6.2%) — which was among the only media stocks to end 2022 with its stock up higher — and Fox Corp.
The NFL is headed into the playoffs with its head held high after scoring the best regular season audience in years.
Dua Lipa attempts to sit down at the Golden Globes in her black skintight Schiaparelli gownooh my outfit so tightDrew Barrymore starts crying while watching The Wedding Singer and tells Adam Sandler she loves him. I love you so much Adam Sandler.
EXCLUSIVE: Alicia Vikander (Ex Machina) has been set to star opposite Cate Blanchett in Rumours, a comedy from writer-directors Guy Maddin, Evan Johnson and Galen Johnson (The Green Fog), which Bleecker Street has snapped up for release in U.S. theaters this year.
Ariana Madix is putting Le Scandoval behind her!
EXCLUSIVE: Warner Bros has Paul Thomas Anderson set to direct Oscar winners Leonardo DiCaprio & Sean Penn and Oscar host Regina Hall in an untitled film that will begin production January 21 in California. Anderson wrote the script, and he will produce the film with Sara Murphy.
Kate Middleton celebrated her 42nd birthday on Tuesday, 9 January surrounded by family and sweet treats made by her three young children. To mark the Princess of Wales's birthday, King Charles and Queen Camilla shared a stunning photo of their daughter-in-law that was taken behind the scenes at the Coronation last year.
Brent Lang Executive Editor Tom Cruise has his next mission. The ageless action star signed a new deal to develop and produce theatrical films with Warner Bros. Discovery.
Jennifer Maas TV Business Writer Sony Pictures Entertainment general counsel Leah Weil is exiting her role after almost three decades with the company. The longtime senior executive vice president is the studio’s most senior legal advisor with oversight across film and TV production, acquisition and distribution, media networks, digital content creation and distribution, operation of studio facilities and development of new entertainment offerings.
Todd Spangler NY Digital Editor Is that photo or article someone posted on the internet claiming it came from Fox News actually from Fox News — or is it bogus? Fox Corp. has created a technical protocol called Verify, designed with two objectives: to let media companies register content and grant usage rights to AI platforms; and to allow consumers to verify the content is authentic. The company is releasing Verify on an open-source basis, in the hopes that others sign on to the blockchain-based content verification system.
Jennifer Maas TV Business Writer Gersh has acquired A3 Artists Agency‘s digital and alternative departments. As part of the deal, 25 agents and 45 additional staffers will move to Gersh under a new standalone digital business. For the new setup, Jade Sherman will run the department, heading things up as senior partner and chief of digital.
Jennifer Maas TV Business Writer “Hogwarts Legacy” crossed 22 million copies sold by the end of 2023, with approximately 2 million of those units selling during the December holiday season, according to Warner Bros. Games. “But it’s not just the unit sold that I’m so proud of, it’s just that it delighted the fans so much,” Warner Bros.
Jennifer Maas TV Business Writer Jo Koy kicked off his first-ever Golden Globes hosting gig Sunday with a monologue that referenced the size of “Saltburn” star Barry Keoghan’s penis and Ozempic in front of top Hollywood talent, drawing a mixed response for his jokes. “Some I wrote, some other people wrote,” the standup comedian said after one of his lines fell a little flat.
Jennifer Maas TV Business Writer Warner Bros. Discovery corporate communications chief Nathaniel Brown is exiting the company. CEO David Zaslav announced the news in a memo to staff Friday.
LMN has released its first quarter movie slate that features fourteen new thrillers, including the premiere of the 35th film in the network’s prolific Wrong Movie franchise.
The Scottish Government recently announced a new devolved disability payment designed to provide additional financial support for people of State Pension age will not include a mobility component. However, it has also confirmed the new benefit will not include any face-to-face assessments as part of the application process.
Alliance of Women Film Journalists have announced the winners of the annual AWFJ EDA awards. “Barbie” took home multiple awards in the “Best Of” category, including Best Director for Greta Gerwig, Original Screenplay for Gerwig and Noah Baumbach, Supporting Actor for Ryan Gosling, and the film’s casting directors Lucy Brava and Allison Jones also took home an award.
EXCLUSIVE: Production is about to be underway on Warner Bros/Vertigo/Legendary’s feature take on Mojang/Microsoft’s Minecraft in New Zealand, and sources are telling us that Jack Black is joining the cast of the Jason Momoa led movie.
Where to watch: Jan. 7, 8 p.m. on Fox.The anthology HBO drama returns for the first time since 2019.
Miley Cyrus has hosted a New Year’s Eve special for the past two years, but she’s not ringing in 2024 on TV!
Jennifer Maas TV Business Writer Hollywood got back on its feet on Wall Street this year, and if it wants to remain on solid ground in 2024 — or even climb a few steps higher — it needs to look beyond what movies and TV shows were the greatest hits. The biz is overdue when it comes to keeping an eye on the video game titles consumers poured their time into over the past 12 months.