A notable film and television soundstage complex in New Mexico is now on the market, testing buyers willingness to bet that Hollywood studios production spending wont contract and may increase in the state. Santa Fe Studios, a 65-acre property that includes two 19,275-square-foot soundstages along with an office complex and warehouse, has been newly placed for sale with commercial real...

The government is accelerating adoption of artificial intelligence technology, beginning with the U.S. Department of Defense using Grok, the AI chatbot embedded into X. Elon Musks startup xAI announced on Monday a $200 million government contract as the Defense Department aims to address national security concerns with AI technology. Its also rolling out what it called Grok for Government, a...

TelevisaUnivision on Monday became the latest media company to feel an advertising pinch. The Spanish-language media giant said it expects second quarter overall revenues to fall year-on-year due to U.S. advertising softness and foreign exchange impacts. TelevisaUnivision, set to report Q2 financial earnings on July 22, forecast revenue to come in at around $1.2 billion, compared to $1.25 billion in...

Podcasting company Kaleidoscope is looking to produce more original shows and turn titles from its audio content library into Hollywood movies and TV series after raising $5 million in a Series A funding round. The fundraising was led by Burda Principal Investments, a division of Hubert Burda Media, the German publisher, and North Base Media, the investment firm launched by...

Dr. Phils Merit Street Media may be effectively dead, but his Envoy Media Co. is just beginning. Just two weeks after Merit Street filed for bankruptcy protection and sued its distribution partner Trinity Broadcasting, TV host Dr. Phil McGraw has launched an entirely new venture called Envoy Media Co. While the new company will share some similarities to what Merit...

In 1985, Valley of the Dolls and The Miracle Worker actress Patty Duke became the second-ever woman to lead the Screen Actors Guild as president, a position she filled for three years. Now, decades later, her son Sean Astin is seeking to follow in her footsteps. The actor, perhaps best known for his role as the loyal hobbit hero Samwise...

Legendary Entertainment, the studio behind Dune, Godzilla and the Minecraft Movie, is weighing a potential deal for Lionsgate, the studio behind John Wick and The Hunger Games franchises, The Hollywood Reporter has confirmed. For now, the companies are looking into potentially partnering on some films, though if those go well it could evolve into a more complete offer. Lionsgate officially...

On Monday July 7, representatives for the International Brotherhood of Teamsters and its Hollywood Local 399 and the conservative public interest group the Center for American Rights met with staff of the Federal Communications Commission to discuss a deal important to both of them: The Skydance-Paramount merger. The FCC has to approve the transfer of Paramounts broadcast licenses to Skydance,...

Maris Jones, the New York City-based creator, visual artist, photographer and director, has signed with CAA. The Hollywood talent agency will represent Jones across digital media, music partnerships, commercial endorsements, brand management, publishing and speaking engagements. The agency signing follows Jones amassing around 2 million social media followers across TikTok, Instagram and beyond. Using digital platforms, Jones developed her signature...

Skydance CEO David Ellison has held talks about acquiring Bari Weiss online publication The Free Press, The New York Times reported, citing two sources. The Times reports that Ellison is in early discussions about an acquisition, and that a deal may not come to fruition, given that Weiss has stated she wants to independently run the site. However, citing a...

Is the worst behind AMC Theatres and its beleaguered stock price? One Wall Street analyst thinks so. With Hollywood at last giving the mega-exhibitor the certainty in its supply of tentpole releases needed to get film lovers back in the habit of going to the multiplex, Wedbush analyst Alicia Reese on Friday upgraded stock in AMC from neutral to outperform...

TikTok and Instagram star Eric Sedeno has signed with United Talent Agency for representation in all areas. The Hollywood talent, entertainment, sports, and advisory company will help the former art director-turned digital creator and designer secure new opportunities across digital media, TV and other media platforms. The UTA representation follows New York City-based Sedeno parlaying comic social media videos into...

Ever wish you could rent a movie theater just for yourself and your closest friends? If youre seeking the multiplex-and-buttered-popcorn experience, the major cinema chains have you covered. But if youre inclined towards a swankier, special-night-out vibe, a new project from Alamo Drafthouse Cinema chain founder Tim League might be just what youre looking for. Enter Metro Private Cinema, a...