Skydance offers voluntary buyouts as Paramount-Warner Bros. merger drives cost cuts
Skydance is cutting costs and installing a new finance leadership team after absorbing Warner Bros., while Page Six reports the legacy film chiefs' slate is hea
Yahoo! Finance Canada · +14 outlets
Netflix layoffs and executive shake-ups expose rift between tech and Hollywood culture
The Los Angeles Times details internal tensions at Netflix as the company restructures, with inkl reporting the cuts and executive changes reflect a deeper cult
inkl · +3 outlets
YouTube Premium and Music subscribers pass 150M as Q3 ad revenue tops $11B
YouTube's paid subscription tiers crossed 150 million subscribers, reinforcing Google's position in streaming and creator monetization.
Yahoo Finance UK · +3 outlets
Samsung logs record $80.5B profit despite investor AI jitters
Samsung's record annual profit lands amid investor concerns about the durability of AI-driven chip demand.
The Economic Times · +1 outlets
Netflix stock down 32% this year as Wall Street cuts price targets after weak Q3 outlook
Analysts trimmed Netflix price targets after Q3 earnings guidance disappointed, leaving the stock well below its 2026 highs.
IMDb · +11 outlets
Disney lays off at least 100 theme parks employees, with Imagineering impacted
The cuts hit Disney's parks division including Imagineering, its ride and experience design unit, as the company trims costs.
Los Angeles Times · +9 outlets
SK Hynix rolls out $75B shareholder return plan
The memory chipmaker unveiled a large capital return program, a sign of confidence amid the AI memory boom.
The Manila Times · +5 outlets
Disney discloses Deadpool & Wolverine cost $556.8M, above its production budget
The studio's reported full cost for the 2024 Marvel hit exceeds Avengers: Endgame's budget once marketing and other expenses are counted.
Nairametrics · +2 outlets
RedBird's Cardinale and Sound Ventures' Oseary team on $1B tech, media and culture fund
Gerry Cardinale's RedBird and Guy Oseary's Sound Ventures are raising a $1 billion vehicle targeting tech, media and culture investments.
Yahoo Finance UK · +2 outlets
The Odyssey nears $1.8B worldwide to become Nolan's highest-grossing film
Christopher Nolan's epic is closing its run near $1.8 billion globally, though a separate item questions the reported figure.
Sacnilk · +3 outlets
Lionsgate in investor talks for rare film library-backed bonds
Lionsgate is exploring debt backed by its film library, an unusual financing structure for a studio of its size.
Yahoo Finance UK · +5 outlets
Clayface tops box office with $24M as A24 documentary emerges as surprise hit
DC's Clayface led the North American frame and is poised to overtake The Mummy, while an A24 documentary overperformed.
Zoom TV · +3 outlets
PVR INOX posts record Q2 earnings, plans to return 30% of annual surplus cash flow
India's largest cinema chain reported record quarterly results and outlined a shareholder return policy tied to surplus cash flow.
The Economic Times · +4 outlets
Warner Bros. Discovery ad chiefs Ryan Gould and Robert Voltaggio to exit
The departures come as WBD's advertising leadership turns over amid the company's merger with Paramount.
TheWrap · +5 outlets
Marcus Theatres posts record Q3 led by Spider-Man and The Odyssey amid box office boom
The exhibitor's record quarter reflects a strong theatrical slate that has lifted the broader North American box office.
Deadline · +1 outlets
Disney's live-action Moana gets No. 1 streaming debut despite box office flop
The live-action remake topped streaming charts, underscoring the shift of underperforming theatrical titles to home viewing.
GeekTyrant · +14 outlets
People Inc. lays off 195 employees, about 6% of headcount
The publisher of People and other titles cut roughly 6% of staff in the latest media industry reduction.
ADWEEK
Elden Ring movie finds streaming home at Amazon, with longer runtime floated
The adaptation of the hit game has landed at Amazon, and reports suggest its runtime could rival The Lord of the Rings.
inkl · +1 outlets