Amazon Prime Video says its ad-supported streaming platform reach globally has hit 315 million monthly viewers. That audience is based on Amazons internal data over the year to August 2025, and marks a sharp rise from a reach of 200 million monthly viewers recorded in April 2024. Jeremy Helfand, vp of Prime Video advertising, stated that reaching the 315 million...

So far, so good. That was the tenor of Wall Street reactions to Paramount Skydances third-quarter earnings report, the first under the leadership of David Ellison and the entertainment companys ownership by hisSkydance Media. In a letter to shareholders, Ellison called the direct-to-consumer, or streaming, business our top priority, alongside supercharging the companys creative output. Ellison also said that the...

The media business is in the midst of a rebranding revolution. From Wall Street-facing corporate trade names to consumer-facing channels and streaming services, the disruption rippling across the sector seems to be causing executives to rethink or reinforce what their brands stand for. And in some cases, of course, corporate disruption is leading to some forced rebrandings, and executives running...

Paramount isnt planning to join fellow media giants Comcast and Warner Bros. Discovery in spinning off its cable assets. On the companys quarterly earnings call Tuesday, Paramount president Jeff Shell acknowledged the continued decline in cable viewership (and thus subscriber and advertising revenue), but he said the company plans to take a different approach in managing those assets. Cable continues...

Paramount+ plans to institute price increases for the streaming service in early 2026. The exact rate of price increases have not yet been disclosed, but CEO David Ellison telegraphed the change in the companys third-quarter shareholder letter Tuesday, as he spoke to the increased content investment around the streaming service, including with new UFC programming. He called growing this business...

David Ellison is ready to take his pitch for Paramount public. The entertainment company reported its third quarter earnings Monday, its first earnings report under the leadership of CEO David Ellison, and the ownership of his Skydance. Ellison penned a shareholder letter, writing that scaling its direct-to-consumer business is our top priority alongside supercharging its creative. Ellison also said that...

Danny Lin has been elected president of The Animation Guild after running unopposed to lead the more than 5,000-person union. The writer and storyboard artist, who has worked on shows including The Adventures of Puss in Boots and Adventure Time: Fiona Cake, will be sworn into office on Dec. 2. I could not be more honored or grateful to serve...

Actors Equity almost went on strike on Broadway for the first time in decades. The union of actors and stage managers was so prepared for the possibility that they had drawn up schedules for picket lines and had posters at the ready if an agreement wasnt reached. But after weeks of negotiations over the Broadway production contract, and a mediator...

The government shutdown has come for the preferred mode of transportation for media moguls and the celebrity class: Private jets. While the Senate made moves late Sunday night to begin the process of ending the shutdown, which has now stretched beyond 40 days, staffing shortages among currently unpaid air traffic controllers have forced the FAA to place limits on flights...

Tim Davie, the BBC director general, and Deborah Turness, the CEO of BBC News, are stepping down following a controversy over an edited speech by President Donald Trump. Britains public broadcaster has been criticized for editing a speech Trump made on Jan. 6, 2021, before the attack on the Capitol in Washington, the Associated Press reported. Some have said the...

The battle for Warner Bros. Discovery is officially underway. Offers are being made. Banks have been hired. Who will wind up with the treasure trove of IP, HBO, and abundant cable TV cashflow? Will it sell as one piece? Or will it be broken up into studios and networks? The clock is ticking. Heres an early read on the state...

This story is a part of The Hollywood Reporters annual Next Gen issue. Read the32nd annual Next Gen listof rising executives here. To get a sense of what its like to work in Hollywood at this moment for young(er) professionals, THR anonymously surveyed the past couple of years of its annual Next Gen list of on-the-rise executives. Questions ranged from...

The Writers Guild of America has unveiled the staff and union members who will be leading the group into battle with studios and streamers during its first negotiations since its 2023 strike. Again leading bargaining for the union will be Ellen Stutzman, the WGA West executive director who helmed the talks with company bargaining representative the Alliance of Motion Picture...