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It took billions of dollars in losses, a company-wide overhaul, cost-cutting and price hikes to get there, but Bob Iger and Walt Disney Co. appear to have reached a long-awaited turning point in the streaming business.
Much of the reaction among show business and tech chief executives has been either explicitly supportive or generally hopeful that the new Republican administration will be more business-friendly.
Vice President Kamala Harris and former President Trump’s conversations with the likes of Charlamagne tha God, Alex Cooper, Theo Von and Joe Rogan are an indication of how the media ecosystem has fragmented.
Gov. Gavin Newsom’s new tax credit proposal signals a significant — albeit belated — attempt to address one of the key factors that has driven much of Hollywood production to other regions.
For decades, scary movies have been one of Hollywood’s most reliably lucrative genres and a mainstay of the independent film business.
Walt Disney Co. said James Gorman will become chairman of its board next year, replacing Mark Parker, who is stepping down after nine years.
Once China’s richest man, Wanda’s Wang Jianlin wanted to own Hollywood. Now the firm has exited two of its marquee investments in American entertainment.
Anyone can see how disruptive streaming has been for TV distributors. But it’s a different story for other players like Netflix, even as the industry faces continued challenges.
No one thought Francis Ford Coppola’s ‘Megalopolis’ would be a box office triumph. For other films, capturing the difficult-to-define zeitgeist is make-or-break.
Coppola, the director of all-timers including “The Godfather’ and ‘Apocalypse Now,’ put $120 million of his own money into the ambitious oddity of a project.
