All articles tagged with #entertainment industry
Disney’s board elected Josh D’Amaro to become Chief Executive Officer, effective March 18, 2026, succeeding Bob Iger; Dana Walden will be President and Chief Creative Officer reporting to him, with Iger as Senior Advisor through 2026. D’Amaro, a 28-year Disney veteran, chairs Disney Experiences and will oversee major expansions and strategic initiatives as part of a formal succession process overseen by the board.
Warhammer’s parent company, Games Workshop, has transformed from a mail-order hobby outfit started by three friends into a £6bn FTSE 100 business, posting 10.9% revenue growth as demand for its plastic miniatures soars. The brand leverages a loyal community, a vertically integrated supply chain, and a focus on experiential retail and IP, boosted by celebrity fans and broader pop‑culture trends. Plans for global expansion, including a Warhammer World in the US and potential film/TV projects, aim to convert niche tabletop gaming into a mainstream entertainment powerhouse.
SAG-AFTRA is likely to push for AI performers to be as costly as human actors in upcoming negotiations, aiming to prevent studios from using AI as a cheaper alternative. The union seeks to impose financial penalties and restrictions on AI use, including training AI with members' performances, to protect actors' interests amid increasing AI integration in entertainment.
Michael Lippman was a renowned music manager known for guiding the careers of stars like David Bowie and George Michael, employing a tough yet charismatic approach, and pioneering management of producers and writers, leaving a significant legacy in the entertainment industry.
The article ranks the 120 most powerful Hollywood executives, focusing on leaders from major studios, streaming platforms, and music companies, highlighting their influence, career achievements, and industry impact at this pivotal moment of transition for Hollywood.
Netflix quickly secured an $82.7 billion deal to acquire Warner Bros. after a six-week negotiation process, marked by a firm ultimatum and strategic bidding, positioning Netflix to expand its presence across the entertainment industry.
Paramount's Q3 revenue missed Wall Street estimates at $6.7 billion, but the company raised its 2026 revenue and OIBDA projections, and increased its cost savings target from the Skydance merger to $3 billion. Despite a net loss and declining ad revenue, investors responded positively, and the company continues strategic dealmaking and workforce adjustments to strengthen its future.
Warner Bros. Discovery's stock rose over 3% following reports that Netflix is exploring a bid to acquire part of the company, which is currently considering various options including a sale of its assets after a recent corporate split. Netflix has engaged an investment bank to evaluate a potential offer, which could give it control over major franchises like Harry Potter and DC Comics. The news has positively impacted Warner Bros. Discovery's stock, which has surged 111% this year, while Netflix's stock has also gained significantly, especially after a recent stock split.
KPop Demon Hunters has become so popular that it is prompting Netflix to take action, highlighting its significant impact on the platform and the entertainment industry.
Jane Fonda has relaunched her father's Committee for the First Amendment to oppose government efforts to silence critics, with support from nearly 600 entertainment figures, as concerns about free speech and McCarthy-era tactics resurface amid recent controversies in Hollywood.
CNN interrupted its programming to report Donald Trump's proposal for a 100% tariff on foreign-produced films, claiming it aims to protect American cinema, but experts and the public quickly doubted its practicality and effectiveness, raising concerns about implementation and industry impact.
AI actress Tilly Norwood, created by Eline Van der Velden's studio, is in talks with talent agencies, sparking debate over AI's role in entertainment. While some see AI as a creative tool, many industry figures and celebrities oppose its use, citing concerns about authenticity and impact on human performers. If signed, Norwood could become the first AI-generated actress to join a talent agency, marking a significant shift in the industry.
Over 1,200 entertainment industry figures, including Liev Schreiber and Mayim Bialik, signed an open letter condemning the call for a boycott of Israeli film institutions, arguing that such actions promote censorship, misinformation, and antisemitism, and emphasizing the importance of artistic freedom and dialogue.
Paramount criticized a recent pledge by over 4,000 entertainment industry professionals to boycott Israeli film institutions, emphasizing the importance of engagement over boycotts and condemning efforts to silence Israeli filmmakers amid the Israel-Hamas conflict.
Heidi Gardner's exit from Saturday Night Live after eight years was reportedly not her decision, with the show undergoing a cast shake-up and her contract not being renewed for Season 51, despite her successful tenure and recent acting roles.