Netflix's latest true crime offering explores the life of disgraced Italian surgeon, Dr Paolo Macchiarini.
21.11.2023 - 16:53 / variety.com
By Cynthia Littleton Hollywood’s season of strikes came at enormous cost to the entertainment industry. It came in projects that weren’t greenlighted, sleeper hits not realized, breakthrough gigs not booked and paychecks not earned. But by the simple math of Hollywood’s true bottom line, there’s no other way to say it: The strikes waged by the Writers Guild of America and SAG-AFTRA were a short-term financial gift to studio conglomerates that had already been listing because of streaming losses.
The dual strikes gave the studios cover to hit the reset button on business plans that had already been scaled back. “In a weird way the strikes have been a mask for the deeper issues we’re struggling with — the costs of content, the quality of content and the eradication of several revenue streams,” says Jeremy Zimmer, CEO of United Talent Agency. “These are all real issues that need to be dealt with.” Moody’s Investors Service estimates that the work stoppages will produce about $10 billion in additional free cash flow over a 12-month period across the largest conglomerates, notably Disney, Comcast, Warner Bros.
Discovery, Paramount Global and Sony Corp. That’s an astounding figure, and one that underscores how much money Hollywood has committed to content production in recent years. The business has been on a bender, fueled by the availability of cheap debt and optimistic projections about the potential of fledgling streaming platforms.
But over the past 10 months, Disney and Warner Bros. Discovery alone have shed nearly 10,000 jobs and slashed billions of dollars in production and marketing costs. Disney originally forecast shelling out a little more than $30 billion on content (including sports rights) in fiscal 2023, which
.Netflix's latest true crime offering explores the life of disgraced Italian surgeon, Dr Paolo Macchiarini.
Ethan Shanfeld “The Bikeriders” is vroom vrooming into theaters June 21, 2024, via Focus Features, after Disney removed the Austin Butler vehicle from its slate. Disney and 20th Century were originally set to open the film on Dec. 1, but its backer, New Regency, opted in October to take the film off of its release calendar.
Lee Pace and his husband Matthew Foley aren’t seen together in public that often and they aren’t that active on social media, so we rarely get new photos of them together.
Kate Ferdinand has shared a look inside her magical trip to Lapland UK - the perfect place to get in the Christmas spirit. The 32 year old, who gave birth to her daughter Shae in July, was joined by her adorable three year old son, Cree, as they met up with friends to enjoy a festive day out together on Wednesday.
Todd Spangler NY Digital Editor Warner Bros. Discovery is looking to sizzle up excitement for Max‘s 2024 slate — and beyond — with a new spot featuring new footage from the streamer’s upcoming programming.
Kate Middleton and Prince William have arrived at Buckingham Palace's annual reception to highlight the UK's diplomatic relations and the role of the monarchy within it, as they put on a united front after the ongoing "race row" as a result of Omid Scobie's Endgame book. The Prince and Princess of Wales, both 41, looked spectacularly regal as they posed side by side in photos for the event, which came days after they appeared at the Royal Variety Show at the Royal Albert Hall, with mum-of-three Kate donning a stunning blush pink Jenny Packham gown.
King Charles has jetted back to the UK to conduct emergency discussions with Prince William and Kate Middleton over royal racism claims which emerged in Omid Scobie's 'Endgame'.
Zack Sharf Digital News Director Zack Snyder knew he was going to be the butt of a “Barbie” joke well before the blockbuster comedy opened in theaters from Warner Bros. In a new interview with Men’s Health, the “Rebel Moon” director revealed Warner Bros.’ film co-chief Michael DeLuca informed his wife and producer partner Deborah Snyder earlier this year about the joke and the studio’s intention to keep it in the film’s final cut. The Snyder Cut joke in “Barbie” arrives during a critical moment in the film.
Todd Spangler NY Digital Editor Ted Sarandos is happy the twin Hollywood strikes are over — but the Netflix co-CEO claimed the streamer didn’t see significant “interruption” in its ability to launch original series and films. “We are mostly just thrilled that the strikes are behind us.
Prince Harry and Meghan Markle have failed famously in their crusade to destroy and damage the British royal family. As opinion polls display, they have inflicted significant self-harm in the process.The release of the much-hyped book, "Endgame" by the Sussexes’ purported "mouthpiece," reporter Omid Scobie, is the latest, sad attempt to harm the monarchy. It mostly rehashes old gossip, while professing not to emanate from the duplicitous duo.
It seemed bridges were slowly being built between the Duke and Duchess of Sussex and the royal family in recent weeks. But with the release of Omid Scobie’s scathing new book, Endgame, have these bridges been well and truly burnt? Scobie has made a string of bombshell allegations in the book, including that Prince William made attempts to upstage his father King Charles, and that the Princess of Wales is “cold” and ignored Meghan’s “cries for help”. He also claims the King referred to Harry as “that fool” after the release of his Netflix documentary.
Strictly Come Dancing fans fear a 'crime' may take place before the end of the series as they made a complaint on Saturday night (December 2). The BBC One dance contest returned to screens after being thrown into chaos just hours before the quarter-finals.
Golf It! is back and better than ever - with a new-look range and all new features ready to welcome punters from THIS weekend.
Sean ‘Diddy’ Combs is stepping back as chairman of his company Revolt Media, a rep confirmed, in the midst of multiple sexual assault lawsuits.
Rick Springfield and Richard Marx are co-headlining a quick ten-concert tour they’re calling ‘An Acoustic Evening.’At all shows, the twosome will be “together on stage (to) perform all their hits,” according to Springfield’s Instagram.Along the way, they’ll make a handful of stops in New York and New Jersey.First up, the duo will share the stage at Staten Island, NY’s St. George Theatre on Friday, Jan.
Taylor Swift and Travis Kelce’s relationship shows no signs of slowing down. The couple has been making headlines for weeks after going public with their romance. Now, it’s being reported that they’re ready to take another huge step as a couple.According to reports, Taylor Swift and Travis Kelce are gearing up for a huge move in their relationship.
A new devolved benefit replacing Carer’s Allowance for people in Scotland is set to launch in three council areas from next week. People in Dundee City, Perth and Kinross and the Western Isles will be able to make a new claim to Social Security Scotland for the Carer Support Payment from Monday, November 20.
The Cleveland Browns have had a few key injuries so far this season, but none of them have been as heartbreaking as Nick Chubb’s. Chubb went down in week two against the Pittsburgh Steelers with what everyone thought was a season-ending knee injury.
New podcast episode is out! Perez is SO INTO Taylor Swift and Travis Kelce! U? This and much more on our latest podcast! CLICK HERE to listen to the newest episode of The Perez Hilton Podcast with Chris Booker in full at PerezPodcast.com
With SAG-AFTRA and the AMPTP reaching a tentative agreement on a new contract, our industry’s biggest stars, previously forbidden from participating in the promotion of movies distributed and made by struck studios and streamers, are finally joining the party.