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That Was My Idea! How Hollywood Is Avoiding Story Theft Claims

The industry’s endless array of programming could actually lead to fewer disputes over content — but creators still shouldn’t read pitches in their DMs.

Latest Business

That Was My Idea! How Hollywood Is Avoiding Story Theft Claims

A ragtag group of misfits, each with their own unique skill, bands together to pull off a high-stakes con. Depending on your preferences and streaming subscriptions, the film that comes to mind could be the 1955 classic Rififi, this year’s DreamWorks animated comedy The Bad Guys or any of the dozens of other heist movies […]

Why’d That Movie Disappear? Welcome to Streaming’s Memory Hole Era

The French director, film critic and voracious cinephile Francois Truffaut once suggested a thought experiment. Imagine, he said, that there was only one copy of a book, and that copy was held in a single library, and you could only read it while inside that library. This was how film lovers were obliged to check […]

Electric Entertainment Secures $100M Loan to Bolster Film and TV Slate

Electric Entertainment, the production company behind programming such as Leverage: Redemption and Almost Paradise on Amazon’s Freevee, said Thursday that it closed a $100 million loan credit facility with the Bank of America. The company will first use the five-year financing on its slate of programming, which also includes The Ark on the SYFY Channel. […]

Endeavor, Buoyed by Live Events and Sports, Posts $1.3B in Revenue

Endeavor, continuing to benefit from the return of “full capacity” live events, brought in $1.3 billion revenue and $42.2 million in net income during the second quarter. The sports and representation firm also stated that it intends to repay $250 million of debt by the end of the third quarter of this year. Adjusted EBITDA […]

California Man Indicted in Alleged Scheme Using Name of ‘I Love Lucy’ Production Company to Trick Investors

A California man has some ‘splaining to do. Federal prosecutors have charged Charles Hensley with nearly a dozen counts of wire fraud and allege he swindled investors by falsely claiming to be with Desilu, the production company behind I Love Lucy and the original Star Trek. Hensley ensnared a Los Angeles animation studio and postproduction […]

Kevin Hart’s Hartbeat Hires Exec to Lead Branded Content

Kevin Hart’s new venture Hartbeat has added former Disney executive Brian C. Price to its team.  Price will lead PULSE, Hartbeat’s branded content and entertainment studio, as senior vice president, head of branded content and creative partnerships. Candisse Williamson, former general counsel at Skybound Entertainment and a vice president at the Madison Square Garden Company, […]

YouTube Streamer Valkyrae Signs With Range Media Partners

Top YouTube streamer Rachell “Rae” Hofstetter, also known as “Valkyrae,” has signed with Range Media Partners and will be managed by Kai Gayoso, Range Media’s head of digital. Hofstetter is best known for streaming titles like Among Us, Fortnite and Valorant and has amassed more than 3.7 million subscribers on YouTube. Though the content creator […]

KPCC, LAist Studios Hire New Executives From Entertainment Weekly, L.A. Times

LAist Studios, the podcast development and production studio of Southern California Public Radio, has tapped former Entertainment Weekly editorial director Shana Naomi Krochmal to serve as vice president of the studio. At LAist Studios, which produces shows like California Love and Servant of Pod with Nick Quah, Krochmal will be tasked with helping refine the […]

Cineplex Posts First Pandemic-Era Profit on ‘Top Gun,’ ‘Doctor Strange’ Box Office

Cineplex has turned its first profit since the pandemic started on the strength of rebounding box office in the second quarter from Top Gun: Maverick, Doctor Strange in the Multiverse of Madness, Jurassic World Dominion and Elvis. Cineplex saw net income swing to $1.3 million in the three months to June 30, against a year-earlier […]

Meek Mill Signs With WME

Rapper Meek Mill has struck a partnership with talent agency WME. The deal will see WME represent Mill in all areas, while the agency also helps support his network of artists, athletes, and entertainers in the brand and business space as part of his Culture Currency initiative. After Mill parted ways with Jay-Z’s Roc Nation […]

Paramount+ Unveils Italian Launch Date, European Rollout Plans

Paramount+ will land in Italy on Sept. 15, Paramount Global confirmed Thursday, as it unveiled details of its new Italian service, one that could prove a major test of the studio’s streaming platform. The Italian version of Paramount+ will feature a library of more than 8,000 hours of programming, including original series such as video […]

Wall Street Bullish on Disney, With a Note of Caution

It has been a tough earnings season for Netflix and such Hollywood giants as Comcast/NBCUniversal and Warner Bros. Discovery as their streaming businesses have hit growth walls. Disney, however, lived up to its Magic Kingdom moniker, with Disney+ beating Wall Street estimates to add 14.4 million subscribers during its third fiscal quarter to reach 152.1 […]