It’s more than evident that awards shows need to play catch up. In a new study released by the USC Annenberg Inclusion Initiative, 2019 was a banner year for inclusion among leading characters in popular film. Across the top 100 grossing films of 2019, 31 films had a lead or co-lead from an underrepresented group […]
The social media company, led by CEO Jack Dorsey, posted its first $1 billion revenue quarter, with its stock price rising in pre-market trading. Social media giant Twitter on Thursday reported fourth-quarter earnings and revenues, underpinned by improved growth as its number of daily active users rose 21 percent to reach 152 million, against a […]
Spotify spent around $400 million in 2019 to acquire podcast companies Gimlet, Parcast and Anchor. Spotify is bulking up its podcasting business with a definitive deal to acquire Bill Simmons’ The Ringer, which will add a robust slate of sports and pop culture audio shows to its growing podcasting portfolio. Terms of the deal for […]
As the Writers Guild signals it is “ready for a battle” over streaming revenue, producers are giving early series renewals and extending episode counts in case Hollywood shuts down this summer. In C-suites and writers rooms throughout Hollywood, chatter is growing: Will the Writers Guild of America’s roughly 15,000 members walk out as they did […]
Disney wants to be Netflix, yet the new contracts for stars and producers are causing entertainment lawyers to question which platforms are better for profit participants, writes a top attorney. Profit participation in the TV industry was born in the 1960s, when studios and independent production companies dominated prime time at the three networks. The […]
Morgan Stanley, Credit Suisse and Goldman Sachs & Co. LLC are acting as the joint lead underwriters for the offering. Warner Music Group on Thursday announced that it has submitted paperwork to begin an initial public offering of its common stock. The number of shares of common stock to be offered and the price range […]
The studio, led by CEO Jon Feltheimer, beat an analyst forecast for revenues, but fell short on a per-share estimate with its latest financial results. Lionsgate on Thursday swung to a fiscal third-quarter loss on rising revenue, as the Hollywood studio drives into streaming saw its global subscriber base for Starz, Starzplay Arabia and Pantaya […]
Amazon is developing an Octavia Butler novel as a drama series. The project comes to the streaming service courtesy of Viola Davis and Julius Tennon, whose JuVee Production has a first-look deal there. They will be developing Wild Seed, the first of Butler’s Patternist sci-fi series. The project will be written by author Nnedi Okorafor and Kenyan filmmaker and Rafiki helmer […]
Rafiki director Wanuri Kahiu has already lined up her next project. According to Deadline, Kahiu will direct Los Angeles-set romance Covers, hailing from Universal and Working Title. There is not much else released about the film except that it will take place within Los Angeles’ music scene. The only other interesting note about the film so far is […]
From films like Jordan Peele’s Get Out and this year’s highly anticipated Us, TV shows like Fox’s The Passage and Peele’s The Twilight Zone, and Shudder’s documentary Horror Noire,one thing is certain: horror narratives that center Black protagonists aren’t just vital, they’re revolutionary. As Robin R. Means Coleman suggests in the preface to her groundbreaking book on Black horror, “the horror genre has great revelatory promise” and […]
