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AMC CEO Adam Aron Highlights Movie Theater Upside Following Tentative Writers Guild Deal, Shares Rip Higher
Monday, September 25, 2023 - 11:31am | 521AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron sees upside for movie theaters following the tentative writers strike deal reached over the weekend. What Happened: According to a New York Times report, the Writers Guild of America reached a tentative agreement with entertainment...
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Historic Hollywood Strike Nears End, But Battle Isn't Over: Look Back At The Shows Affected
Monday, September 25, 2023 - 8:51am | 1608The Hollywood strike, which has lasted for months, is nearing its end, and it’s the right time to reflect on the shows that faced disruption during this period. What Happened: Negotiations between the major film and television studios and the striking writers from the ...
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Benzinga Buzz: Will Strikers Accept 'Best And Final' Offer? Plus: Bob Ross, Ye, Logic
Sunday, September 24, 2023 - 2:07pm | 646Each week, Benzinga Buzz compiles the latest entertainment news into a cohesive column for your consideration. Read on for the latest updates — both useful and irreverent. Today's edition zeroes in on the so-called "Gang of Four" — Walt Disney's (NYSE: DIS) Bob Iger,...
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Breaking Bad Didn't Break The Bank For Netflix: Series Star Aaron Paul Made $0 From Streaming Company
Tuesday, September 5, 2023 - 1:20pm | 960One of the most successful and critically acclaimed television series of the last 20 years was “Breaking Bad,” a show that starred Bryan Cranston and Aaron Paul. In the ongoing double strike in Hollywood with the writers and actors taking on the media companies, it was revealed that...
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Trump's Niece Urges Collective Action As Hollywood Guilds Are 'Cornered Into Accepting' Unreasonable Terms Amid Prolonged Strike
Tuesday, September 5, 2023 - 3:52am | 671The Hollywood writers and actors have been on strike for over three months and nearly two months, respectively, and as a resolution proves elusive, Mary Trump, the niece of former President Donald Trump, called out the inequality and the lack of a level playing field. What Happened: The studios...
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Hollywood Writers' Strike Hits HBO's 'The Last of Us' Season 2
Tuesday, May 16, 2023 - 5:02pm | 557The second season of Warner Bros. Discovery's (NASDAQ: WBD) "The Last of Us," has encountered a setback as production has been put on hold due to the ongoing writers' strike in Hollywood. According to Variety, the show, which was initially slated to commence filming in early 2024...
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Is Your Favorite Show Affected By The Writer's Strike? 3 Hit Series Go On Halt And Only 1 Talk Show Continues To Air
Tuesday, May 2, 2023 - 5:27pm | 804It's bad news across the board for major entertainment studios and distribution companies, as 11,500 TV and film writers from the Writers Guild of America announced a strike that has now brought the industry to a halt. Yet it's not only investors and studio executives who should be...
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Writers Strike Looms Over Hollywood: Average Residual Checks Can Barely Cover An In-N-Out Burger
Monday, May 1, 2023 - 3:05pm | 810Hollywood's writers are preparing to go on strike against major studios like Walt Disney Co. (NYSE: DIS), Comcast Corp./NBCUniversal (NASDAQ: CMCSA), Paramount (NASDAQ: PARA), Warner Bros. Discovery (NASDAQ: WBD), Netflix Inc. (NASDAQ: NFLX) and others. What Happened: The Writers Guild of...
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And The Oscar Goes To … ChatGPT?
Wednesday, March 22, 2023 - 12:30pm | 868The use cases for artificial intelligence have risen in 2023 thanks to the increased interest and usage of chatbots such as ChatGPT. A new use case could be coming soon for ChatGPT and it involves the entertainment industry. What Happened: Already an investor in ChatGPT, Microsoft Corp (...
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Will Movie And TV Studios Stop Making Content In States Banning Abortions?
Thursday, May 5, 2022 - 12:57pm | 1301A decision to overturn Roe v. Wade could be coming soon from the U.S. Supreme Court. This ruling could put the banning or keeping abortions legal in the hands of states. A ban on abortions by states could have an impact on filming locations, sporting events and company headquarters. What...
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Massive Media Layoffs Begin As Verizon Juggles HuffPost, AOL, Yahoo
Thursday, June 15, 2017 - 10:27am | 379Immediately after completing its acquisition of Yahoo! Inc. (NASDAQ: YHOO), Verizon Communications Inc. (NYSE: VZ) began trimming its expanding media portfolio. The Huffington Post, operated by Verizon subsidiary AOL, laid off 39 employees Tuesday, including the publication’s lone Pulitzer...