Born out of the ashes of a legal fight and built after cord-cutting already shaved down the Pay TV landscape, Disney and Fubo have closed a deal that will create a notable player in the live channel streaming business. The surprise early January merger agreement between Hulu + Live TVs business and Fubo has formally closed on Wednesday, the companies...

Major Paramount layoffs are beginning today, as CEO David Ellison seeks to reposition the company and shift financial resources toward what he and his executive team see as growth opportunities. Ellison informed staff of the cuts early Wednesday morning in a memo, which was acquired by The Hollywood Reporter. About 1,000 jobs are expected to be impacted this week. We...

Dr. Phil has lost a trial that will decide the fate of his media startups bankruptcy, a case that involved allegations that he plundered the company to set up his new venture. U.S. Bankruptcy Judge Scott Everett on Tuesday turned down a bid by Dr. Phil to keep the case in Chapter 11, which wouldve allowed him to wipe out...

TetsuFujimurahas served as a vital bridge between the U.S. entertainment industry and Japans vast, IP-rich content landscape for nearly four decades. In his first act, he co-founded Gaga Communications in 1986 and built it over the next two decades into one of Japans leading independent film importers specializing in high-potential Hollywood titles that the countrys major legacy studios had overlooked....

Paramount is coming to New Jersey, a move meant to capitalize on the states generous subsidies to Hollywood. Under a ten-year lease, Paramount will occupy more than 285,000 square feet of 1888 Studios sprawling production campus in Bayonne,New Jersey. By partnering with 1888, Paramount will be eligible to receive a tax credit of up to 40 percent for movies and...

Chess brought in close to $1.9 million across just seven preview performances, positioning the show as one of the top weekly earners in the industry. The Cold War chess musical, starring Lea Michele, Aaron Tveit and Nicholas Christopher, played to close to 100 percent capacity at the Imperial Theatre and grossed $1.86 million, just narrowly coming in behind the mega-hit...

Amazon, led by CEO Andy Jassy, is slashing its workforce by about 14,000 roles, the company told employees Tuesday morning. In a note to staff from Beth Galetti, senior vp of people experience and technology at Amazon, she said that while the company is doing well, it needs to get leaner and move faster in order to compete, given the...

Olivia Livvy Dunne, a former college gymnast and a growing cultural and marketing powerhouse, has signed with Wasserman. Dunne will be represented and managed by Wasserman and its Brillstein Entertainment Partners division across a range of verticals, including digital, media and marketing. Wasserman has an amazing track record of empowering women athletes and talent around the globe. Im thrilled to...

Youve probably heard the big news. Taylor Sheridan the prolific creative force behindYellowstone, 1923,Tulsa King,Special Ops: Lionessanda slew of other well-reviewedhits is moving his television deal from Paramount to NBCUniversal in 2028 when his current pact expires.Hell also begin making films for Universal starting next year. The departure is startling. Paramounts biggest TV hitmaker just walked out the door, and...

Three months ahead of the 2026 Sundance Film Festival, the workers of the Sundance Institute are launching a unionization effort. Over 40 staffers at the Sundance Institute are seeking unionization with Communications Workers of America (CWA) Local 9003. The workers have asked management at the non-profit to voluntarily recognize the union by this Friday, Oct 31. The Hollywood Reporter has...

It was written when, in 2020, Paramount Global (then ViacomCBS) licensed the Yellowstone streaming rights to Peacock. Taylor Sheridan, an actor turned western-writing juggernaut, is bailing from the plains of Paramount (comma, a Skydance Corporation!) for the (money-)greener pastures of NBCUniversal. Sheridan has inked a film deal with NBCU, the home to studios like Universal Pictures and Focus Features, that...

Osgood Perkins, Mike Flanagan, Sean Baker, Zach Lipovsky and Finn Wolfhard are among a group of private investors backing the rescue of Vancouvers historic Park Theatre. The new Park Theatre operations team will be led by Corinne Lea, CEO of the citys Rio Theatre, and will replace Canadian exhibition giant Cineplex in running the iconic cinema on Cambie Street. The...

The Terrifier franchise has spawned plenty of blood-drenched kills, but one stands above the rest: The death-by-sawing butchering in the original where Art the Clown bisects a victim hung upside down. Since the films 2016 release, the ultraviolent killer-clown slasher has become an unlikely hit, unexpectedly breaking into the mainstream and earning millions at the box office. But Catherine Corcoran,...