Charlie Ergens EchoStar has struck a definitive agreement withElon Musks SpaceXto sell the companys AWS-4 and H-block spectrum licenses for approximately$17 billion, consisting of up to$8.5 billionin cash and up to$8.5 billioninSpaceX stock, the companies said on Monday. Additionally, the definitive agreement provides forSpaceX to fund an aggregate of approximately$2 billionof cash interest payments payable onEchoStar debt through November of...

AMC Theatres is trying a new tactic to keep horror fatigue at bay at the fall box office as Halloween approaches. The countrys largest theater circuit on Sept. 5 announced the launch of the AMC Slash Pass, a new limited-time ticketing program that coincides with a crowded line-up of genre films getting ready to unfurl between now and the end...

Discovery in the legal battle over It Ends With Us has unearthed communications laying the groundwork for a defamation lawsuit against Rebel Wilson from the producer of her directorial debut, The Deb, who says the actress was behind a series of anonymous websites that accused her sex trafficking. Last year, The Deb producers Amanda Ghost, Gregor Cameron and Vince Holden...

Anthropic will pay $1.5 billion to settle a lawsuit from authors, who accused the Amazon-backed company of illegally downloading and copying their books to teach its AI system, in among the first deals reached by creators over novel legal issues raised by the technology. The settlement was reached on Aug. 26. Lawyers for authors on Friday notified the court on...

Since the rise of generative artificial intelligence in 2022, the technology has mostly been plugged into parts of the production pipeline as far as its deployment in Hollywood. Think visual effects, dubbing and storyboarding. As it stands, its mostly thought of as a tool to streamline certain processes and cut costs. But others have their sights set on completely overhauling...

It takes a lot to make the richest man in the world burst into tears, but a no from John Malone was enough to do it to Bill Gates. Barry Diller, the entertainment mogul and IAC chairman, recalled the moment over lunch Thursday, telling attendees at the Paley Center for Media that the only time he saw Gates cry is...

Hello Sunshine is shaking up its C-suite, with Sarah Harden stepping aside as CEO, and Maureen Polo being elevated to lead the company. Harden will remain an advisor to the media company founded by Reese Witherspoon to support the transition. Polo joined Hello Sunshine in 2022 as head of direct-to-consumer, after previously leading marketing strategy and solutions for WarnerMedias entertainment...

Warner Bros. Discovery is suing a prominent artificial intelligence image generator for copyright infringement, escalating a high-stakes battle involving the use of movies and TV shows owned by major studios to teach AI systems. The lawsuit accuses Midjourney, which has millions of registered users, of building its business around the mass theft of content. The company brazenly dispenses Warner Bros....

As Paramount enters its next chapter, newly-minted CEO David Ellison is also putting his stamp on workplace culture. The Skydance mogul sent a companywide memo to employees of Paramount Pictures, CBS, Paramount+, Showtime, Nickelodeon, MTV, BET and Comedy Central outlining a policy for full-time staffers in New York and Los Angeles to work in-office by January 2026, moving toward five...

As the attentions of the younger and chronically online become harder to pin down, Range Media Partners has announced a new division, Awareness Creation, meant to target younger audiences for clients that run the gamut from entertainment to sports to brands. The division is led byKaiGayoso, co-head of Digital at Range, whose clients include Brooklyn Beckham and streamer Valkyrae. The...

Sony Pictures CEO Ravi Ahuja says that the sale of KPop Demon Hunters to Netflix was the right decision for the studio, even as he acknowledged that in hindsight, it is possible that the animated musical could have become a theatrical franchise for Sony. Speaking at a Bank of America conference Thursday, Ahuja was asked by analyst Jessica Reif Ehrlich...

Lisa Holme is joining Roku as head of content. Holme, a former executive at Warner Bros. Discovery and Hulu, will lead Rokus content team, including its original programming, content acquisitions and partnerships, sports, branded content, and This Old House content and studios. She will also look for new tech innovations. Holme will report to Charlie Collier, president of Roku Media....

About eight or nine hours into a punishing shoot, nerves were fraying, and Mike McGuirk was getting chewed out by a camera operator. Then a production assistant a famously low-paying, entry-level job on film and TV sets McGuirk happened to be near the camera operator, who was talking on the phone, when a colleague radioed to ask him to attend...