Warner Bros. Discovery framed its streaming business as its growth engine in its first-quarter 2025 earnings report Thursday, noting that it had added 5.3 million subscribers to a total of 122.3 million, and grew streaming revenue by 8% to $2.7 billion and adjusted EBITDA to $339 million. In a shareholder letter, WBD CEO David Zaslav underscored that Maxs focus appears...

In the Trump-Europe trade wars, the battle so far has been focused on goods: Trumps tariffs on German cars and French champagne have been met with tit-for-tat threats to boost levies on all-American booze and motor vehicles, from Kentucky bourbon to Harley Davidson motorcycles. Services, of the sort Netflix, Facebook, Google, Apple or X not to mention Disney, Warner Bros....

NATPE Budapest, the global TV market for Central and Eastern Europe (CEE), has unveiled that Andreas Briese, a top executive at Google-owned video platform YouTube in his role as country director for Germany and regional director for Central and Northern Europe, will deliver the opening keynote speaker for its 2025 edition next month. Briese will share actionable insights tailored to...

A Hollywood box office slowdown led AMC Entertainment Holdings to post sharply lower first quarter revenue and a quarterly loss in the first quarter of 2025. The parent of AMC Theatres recorded revenue of $862.5 million for the three months to March 31, which is down 9 percent from a year-earlier revenue line at $951.4 million. The mega-exhibitor also widened...

Webtoon Entertainment, the media company that spearheaded the mainstream embrace of webcomics, has tapped Priya Girishanker as the head of marketing for the companys global English-language platform. The executive will be based in the companys global headquarters in Los Angeles and report to chief strategy officer and head of globalWebtoonYongsoo Kim. She is being tasked with leading marketing strategy and...

It was never not going to come up. At the Milken Institute Global Conference, a panel of four film and TV executives (and one television writer) were asked about President Trumps foreign-film tariff plan, another potential foreign-diplomacy disaster in an effort to keep productions in the United States. The consensus answer from the group was a bit of a swerve....

David Ozer, president of Strong Studios, has been sentenced to 18 months in prison for defrauding investors in TV productions. Ozer, who remains free on $25,000 bond, was charged in two separate criminal cases. Hes pleaded guilty in both to two counts of wire fraud. Over a one year period starting in February 2023, federal prosecutors alleged that Ozer embezzled...

The Department of Justice and Federal Trade Commission announced a public inquiry into the concert and ticketing industries on Wednesday, calling on the public and industry stakeholders to submit comments detailing issues they face in the business, and what they think should be done about it. The move comes a month after President Trump with Kid Rock beside him signed...

Opposition to CBS News parent Paramount potentially opting to settle a $20 billion lawsuit from President Donald Trump is growing, with Sen. Bernie Sanders (I-Vermont) warning the network that doing so will embolden the government to continue targeting the press. In the letter sent to controlling shareholder Shari Redstone on Tuesday, Sanders nods to chatter that Paramount may reach a...

Its been about 18 months since Lionsgate began taking steps to separate its film and TV studio business from Starz a process Starz president and CEO Jeffrey Hirsch likens to renovating a house. During the process, its painstaking but once youre in the house, you forget the process because youre enjoying it, Hirsch told The Hollywood Reporter in an interview...

When NBCUniversal holds its upfront presentation next week at New Yorks Radio City Music Hall, it will have a new offering to sell: Versant, the forthcoming spinoff of cable TV brands that includes USA, CNBC, MSNBC, Syfy and E!. The company on Wednesday said that NBCU and Versant had signed a two year deal that will see the media giant...

Griffin Gaming Partners, a venture capital firm focused on gaming, said Wednesday that it has led a $7 million investment in Fuse Games, an independent mobile game studio based in Istanbul, Turkey. Lakestar, NFX Capital, and Actera also participated in the financing round. Related Video Fuse Games is focused on building globally accessible, deeply engaging games that blend technical excellence...

President Donald Trumps sudden announcement on Sunday that he intends to impose a 100 percent tariff on movies produced abroad jolted advocates who have been working for months to return more film and television production to California. Between the Stay in LA coalition, the Hollywood guilds, the state legislature and Gov. Gavin Newsom, production insiders thought they knew the players...