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Latest Business

The Hollywood CEO Pay Mega Chart Revealed — and One Big Golden Parachute

Bob Bakish, gone at Paramount Global, but not without a hefty payout.

Creators Are Building Their Own Supersized Studio System As Hollywood Cuts Back

YouTube stars now reach as much people as legacy media — and they’re poaching some of the top players to grow even bigger.

Warner Music Earnings and Revenue Drop After Strong Results Last Year

The company reported net income of $36 million in its fiscal second quarter, down 63% from the prior year.

Former British Vogue Chief Eyes September for Launch of New Print Magazine, Platform

Edward Enninful's EE72 has reeled in Simone Oliver as head of content, Sarah Harris as editorial director and Lee Swillingham and Stuart Spalding at Suburbia to oversee creative direction.

The E.U.’s Secret Weapon In Trump’s Trade War

As the White House ratchets up the pressure, Europe has leverage to push back in ways that could hit Silicon Valley (and Hollywood) hard.

Warner Bros. Discovery Adds 5.3 Million Streaming Subs as Losses Narrow, Studios Slow on Tough Box Office

Max and Discovery+ now have more than 122 million subscribers, the company says, beating Wall Street expectations in most categories.

YouTube Keynote to Open NATPE Budapest

The global TV market for Central and Eastern Europe unveils "programming and events designed to celebrate innovation, spotlight regional success, and foster meaningful industry connections."

‘Grand Theft Auto VI’ Trailer Smashes Past 475 Million Views in First Day (Exclusive)

Spotify says that the song featured in the trailer, 'Hot Together' by The Pointer Sisters, increased its streams by 182,000 percent.

AMC Theatres Posts Sharply Lower Quarterly Revenue

Fewer Hollywood tentpole releases hampered the mega-exhibitor during the latest financial quarter.

TV Producer Gets 18 Months for Fraud, Embezzlement on Multiple Shows

David Ozer, president of Strong Studios, stole funds meant for 'Safehaven' and duped investors out of over $200,000 by saying he was developing a show called 'Endangered.'

Studio Chiefs Agree: California Needs a Better Plan to Keep Hollywood

The answer is not international tariffs, Mike Hopkins, Casey Bloys and Ravi Ahuja say — it’s fixing California’s tax-incentive problem.

Webtoon Taps Priya Girishankar as Head of Marketing for Company’s Global English Platform (Exclusive)

Girishankar spent nearly 20 years at The Walt Disney Company where she spearheaded the Disney Rewards program.

DOJ, FTC Launch Public Inquiry Into Live Music Business Following Trump Executive Order

The two federal agencies are requesting the public to submit comments on the issues that plague the industry and hurt consumers, and how to fix it.

NBCUniversal Cuts Deal to Sell Ads for Versant Spinoff

NBCU veteran Tom Winiarski will lead ad sales and monetization for the cable TV spinoff company.

Can Starz Scale? Now Split From Lionsgate, CEO Sets Sights on Major Subscriber Growth

The streaming and premium cable outlet formally separated from Lionsgate on May 7.

Bernie Sanders Urges Shari Redstone Not to Settle ’60 Minutes’ Lawsuit

The letter signed by nine senators urges Redstone to "Stand up for freedom of the press and our democracy."