Tag

Entertainment Industry

All articles tagged with #entertainment industry

film3 days ago•14 min saved

Affleck and Damon Launch Indie Banner to Support Emerging Filmmakers

Ben Affleck and Matt Damon have launched Artists Equity Independent Pictures (AEIP), a new banner under their production company Artists Equity. The initiative aims to support emerging filmmakers and broaden the range of stories told in independent cinema. The new division is backed by an independent theatrical film fund and will be led by Jennifer Westin under the guidance of Amy Baer. Early projects include 'A Woman in the Sun' and 'Downriver.'

via Variety|

#artists-equity #ben-affleck #entertainment-industry

politics16 days ago•4 min saved

Bipartisan Coalition Unveils Federal Film Tax Credit to Reverse Hollywood Exodus

Lawmakers introduced a bipartisan bill on Thursday to establish a federal tax credit for film and television production, aiming to reverse the loss of jobs to other countries. The proposal, backed by President Trump and a coalition of Democrats and Republicans, offers a 20% credit on labor costs, potentially rising to 30% with bonuses. Industry advocates project the measure could generate over $125 billion in spending and 143,500 jobs by 2035. While the bill faces potential resistance from conservatives concerned about deficit spending, it is expected to be pushed through Congress during the lame-duck session after the November midterms.

via Politico|

#congress #entertainment-industry #hollywood

technology19 days ago•5 min saved

Live TV Glitch: AI Actress Tilly Norwood Sparks Industry Debate

An AI-generated actress named Tilly Norwood glitchs on live TV, answering in Cantonese and making odd, evasive remarks, triggering memes and renewed backlash from actors’ unions like SAG-AFTRA while reigniting debate over AI in acting; the character is tied to the unreleased film Misaligned by Particle6, highlighting ethical and industry concerns about synthetic performers.

via CNET|

#artificial-intelligence #entertainment-industry #glitch

business19 days ago•15 min saved

Paramount Settles Antitrust Case, Clears Path to Warner Bros. Merger

Paramount and a group of states have settled the antitrust lawsuit blocking its $111 billion plan to buy Warner Bros. Discovery, clearing the last major hurdle to a mega-merger that would combine Paramount’s studio, CNN, CBS News, HBO and streaming services. Concessions include an editorial-independence board for CNN and CBS News, a commitment to release about 30 films in theaters each year, and $1.5 billion more in film production over five years, formalized in a consent decree awaiting court approval; Paramount would also face a $7 million-per-day break fee if the deal fails to close by Oct. 1. Labor groups remain divided over the deal’s implications for competition and editorial independence.

via The New York Times|

#antitrust-laws-and-competition-issues #business #cable-television

politics1 month ago•20 min saved

Trump pushes federal film tax incentive to revive Hollywood

President Donald Trump urged Congress to quickly pass a Federal Production Incentive to boost U.S. film and TV production, arguing it would create Entertainment Jobs in America and help Hollywood stay competitive after productions have moved to Canada and other states; he credited actor Jon Voight as an advocate and said bipartisan talks with congressional leaders are underway, though it’s unclear how fast the measure could pass before the midterms.

via The Washington Post|

#congress #entertainment-industry #film-tax-incentives

business1 month ago•17 min saved

Ellison's high-stakes bid to reshape Hollywood via Warner deal

Paramount Skydance chief David Ellison is pushing a $111 billion Warner Bros. Discovery merger but faces mounting antitrust challenges and regulatory hurdles. He has floated relocating Paramount's Hollywood headquarters and even selling major lots to fund the deal, while ticking-fee penalties and a March trial threaten to derail it, prompting a public-relations push and cautious optimism about a settlement with California's attorney general.

via Yahoo Finance|

#antitrust #business #california-politics

entertainment2 months ago•3 min saved

Britney Spears Opens Up About Conservatorship, Faith, and a Fresh Life Beyond Hollywood

Britney Spears posted a lengthy message on X reflecting on her years under a conservatorship (which ended in 2021), saying she never felt free to be herself and questioning how such control was allowed, while signaling a shift toward faith, spending more time with her sons, and a desire to leave the entertainment business.”

via HOLA|

#britney-spears #conservatorship #entertainment

entertainment2 months ago•20 min saved

Spencer Pratt Teams with Trump in Push for Hollywood Tax Break Revival

Spencer Pratt claimed he sat down with Donald Trump to discuss a 25% federal film tax credit to revive Hollywood, sharing a photo from Trump’s California golf club after a fundraising visit; the White House did not respond. The piece frames this as part of a broader, long-running push for incentives supported by Gavin Newsom, Adam Schiff, SAG-AFTRA, the DGA and WGA, and figures like Jon Voight, amid industry job losses and productions leaving the U.S. for places with better incentives. With midterm politics stalling any concrete action, there’s little sign of immediate federal relief for Hollywood.

via Deadline|

#donald-trump #entertainment #entertainment-industry

politics2 months ago•5 min saved

Spencer Pratt Pushes 25% Film Tax Credit in Trump Meeting to Revive Hollywood

Spencer Pratt met President Trump at a Southern California fundraiser and pitched a plan for a 25% federal film tax credit to revive Hollywood, arguing U.S. production is being outsourced and praising Trump’s commitment to rebuilding the entertainment industry; Pratt says he’ll work with Trump to bring film and TV production back to the United States, with support from industry groups and conservative figures.

via New York Post|

#donald-trump #entertainment-industry #film-tax-credit

business2 months ago•19 min saved

Warner Execs Bet Antitrust Lawsuit Could Derail Paramount-WBD Merger

Privately, some Warner Bros. Discovery executives are hoping the states’ antitrust lawsuit blocks Paramount Skydance’s merger, potentially derailing the $111 billion deal, while others expect it to proceed. The merger is paused as litigation unfolds, with a multi-month to year-long delay possible and concerns about layoffs and integration planning; Paramount Skydance chief David Ellison remains confidently in their legal position, and both sides consider settlements or a trial date as uncertainty lingers across the industry.

via Variety|

#antitrust-lawsuit #business #entertainment-industry

entertainment2 months ago•6 min saved

Former Nickelodeon child star reveals tiny residuals from childhood fame

Jennifer Hyatt Tedmori, who appeared on Ned's Declassified, shares a stack of residual checks she received years after filming, many worth only pennies. She notes a Ned's Declassified total of $8.63 and about $30.06 from 90210, among numerous two-cent and cent-level payments, highlighting how tiny ongoing royalties can be for former child actors.

via Fox News|

#child-actors #entertainment #entertainment-industry

entertainment2 months ago•7 min saved

Knight Of The Seven Kingdoms Boss Hints at a Long Break Between Seasons

Knight Of The Seven Kingdoms showrunner Ira Parker says he’d like a multi-year break between seasons to let Egg age as the Dunk and Egg books progress and avoid recasting, with plans to return later if there’s demand and the world can evolve. In other entertainment news, Universal is pursuing a ten-property Atari game adaptation as big-screen action-adventure films. The Odyssey reports that a Viking ship replica used in the film was damaged on set and Universal allegedly owes the Viking center about $6,000 in repairs. And Pete Davidson’s mob movie Tommy Karate has begun production in Atlanta, with Davidson starring and producing.

via A.V. Club|

#adaptations #entertainment #entertainment-industry

business2 months ago•5 min saved

California Sues to Block Paramount Skydance-WBD Deal Amid Netflix Speculation

California AG Rob Bonta filed suit to block Paramount Skydance's roughly $110 billion bid for Warner Bros. Discovery, a move that could derail the merger and trigger a lengthy court battle; Netflix is rumored to be shaping the case, adding political optics as regulators weigh potential injunctions.

via New York Post|

#antitrust #business #entertainment-industry

business2 months ago•15 min saved

New York City Mayor Defends Block of Paramount-WBD Deal as Public-Serving?

New York City Mayor Zohran Mamdani voiced support for Letitia James and 11 other state attorneys general suing to block the Paramount-Warner Bros. Discovery merger, calling the $110 billion deal “not a merger that serves the public” and warning it would concentrate control over movies and cable, raise prices, and threaten the livelihoods of New York artists and theaters; Paramount contends the suit would delay entertainment workers’ projects and harm the industry.

via Deadline|

#antitrust #business #entertainment-industry

technology3 months ago•23 min saved

Netflix’s Data-Driven Shortfall: Hits Don’t Translate to Lasting Cultural Impact

A tech-press take argues Netflix’s data-first, batch-release approach is hurting its ability to turn big hits into lasting cultural phenomena. The piece notes steep second-season drop-offs (Beef, One Piece, Avatar: The Last Airbender, A Good Girl’s Guide To Murder) and blames weak promotion and buzz-building, rather than underperforming shows themselves. It argues Netflix acts like a tech company lacking traditional entertainment leadership, and suggests the service needs real entertainment instincts to foster ongoing engagement rather than treating content as a data problem.

via A.V. Club|

#audience-retention #data-driven #entertainment-industry