Sean ‘Diddy’ Combs is stepping back as chairman of his company Revolt Media, a rep confirmed, in the midst of multiple sexual assault lawsuits.
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
.Sean ‘Diddy’ Combs is stepping back as chairman of his company Revolt Media, a rep confirmed, in the midst of multiple sexual assault lawsuits.
Travis Kelce — lover, football star, podcast host, and… fighter?!
Steven J. Horowitz Senior Music Writer “It’s more than a concert,” says Beyoncé near the beginning of her sprawling concert movie “Renaissance: A Film by Beyoncé.” “It’s a culture, it’s a state of mind, it’s a release, it’s a fantasy come true.” For fans who were able to catch the record-breaking Renaissance World Tour before its conclusion in early October, they know that all too well. Throughout the trek, Beyoncé created a community among her admirers — affectionately known as the Beyhive — for a tour that ended up becoming a coup for the superstar, finishing as the highest-grossing tour by a Black artist and the eighth-highest-grossing tour of all time.
Thanksgiving 2023 has arrived, and whether you’re doing a big family celebration or a more quiet affair, there’s plenty to watch on TV. From streaming classic movies, to marathons, here’s your essential guide on what to watch.This documentary is about David Holmes, a former stunt man on the “Harry Potter” films who broke his neck and became paralyzed in an accident. While that subject matter sounds grim, Holmes’ resilience is ultimately inspiring, and the connection to “Harry Potter” makes it have broad appeal as a Thanksgiving watch for multiple generations.
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.
Nepo baby label with pride. In a new Instagram video, Robbins shared a satirical clip titled “A day in the life of a Nepo Baby,” where he goes about his routine while thinking about his parents as much as possible. Midclip, Sarandon herself makes an appearance with hilarious results.
We're now officially nine weeks into Strictly Come Dancing and it's now time for what we've all been waiting for. This weekend's show marks the BBC One dance contest's return to Blackpool as per the show's annual tradition.
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.
Tom Blyth is sharing what his co-stars Viola Davis, Peter Dinklage, and Jason Schwartzman taught him while working on The Hunger Games: The Ballad of Songbirds and Snakes.
source told ET that he was dealing with personal issues. “Michael is a huge presence at ‘GMA’ and his absence is definitely felt.
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.
Ryan Thomas Gosling was born on Nov. 12, 1980, in London, Ontario, Canada. He began his acting career at a very young age, dancing as part of the Mickey Mouse Club alongside fellow future stars including Justin Timberlake and Britney Spears.
Marta Balaga “Her Smell” director Alex Ross Perry is developing two nonfiction projects, including the as-yet-untitled doc about video stores. “I can’t speak for everybody but yeah, I miss them,” he tells Variety at Poland’s American Film Festival, where he also picked the Indie Star Award and treated the audience to work-in-progress footage. “I’m trying to tell this story while it’s still within our grasp.
Fran Drescher, the union’s president, has not only secured tentatively a historic three-year deal with studios but also garnered praise from some of Hollywood’s biggest names. Among them, George Clooney who expressed sheer astonishment at the deal.
There’s a chance Justin Timberlake will address the claims Britney Spears made in her book The Woman In Me… through song?! Seriously?
The new John Lewis Christmas advert for 2023 has finally arrived. And there's often one detail most TV viewers are keen to find out - what is the song choice this year?