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Industry News

All articles tagged with #industry news

American College Theatre Festival Ends Ties with Kennedy Center, Continues Independently

Originally Published 20 days ago — by Playbill

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Source: Playbill

The American College Theatre Festival has ended its 58-year partnership with the Kennedy Center, citing irreconcilable differences, amid recent controversies including the Kennedy Center's proposed renaming after Donald Trump. The festival will continue independently, maintaining its regional conferences and commitment to promoting diverse college theatre work.

Broadway Musicians and Actors Avoid Strike with New Agreements

Originally Published 2 months ago — by Playbill

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Source: Playbill

Broadway actors will receive a 3% annual pay increase over three years under a new contract, which also includes improved health benefits, paid personal days, and limits on consecutive workdays, following negotiations between Actors' Equity and the Broadway League. The contract is subject to member approval by October 30, with potential retroactive pay increases and other industry improvements.

Broadway Musicians Reach Deal, Averting Strike

Originally Published 2 months ago — by Playbill

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Source: Playbill

U.S. Senators, including Kirsten Gillibrand, Cory Booker, and Andy Kim, are urging the Broadway League and Local 802 to negotiate in good faith to prevent a potential Broadway musicians' strike, which could significantly impact the theatre industry and local economy. The union's contract expired in August, and negotiations are ongoing, with a strike possible if an agreement isn't reached by October 23. The situation has garnered political and public attention, emphasizing the importance of a fair resolution to avoid widespread disruptions.

Broadway Musicians Threaten Immediate Strike Amid Contract Deadlock

Originally Published 2 months ago — by Playbill

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Source: Playbill

Broadway musicians union Local 802 AFM has threatened to strike on October 23 if they do not reach a new contract with the Broadway League, citing issues like wages, healthcare, and job security, which could lead to many shows going dark. The union has authorized a strike with 98% approval, and negotiations are scheduled to continue with potential for broader impact if actors' union also strikes in solidarity.

Broadway Musicians Approve Strike Amid Negotiation Deadlock

Originally Published 3 months ago — by Playbill

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Source: Playbill

Broadway musicians have voted overwhelmingly to authorize a strike amid ongoing contract negotiations with the Broadway League, which could impact most Broadway shows if a strike occurs, alongside similar tensions with actors and stage managers, raising concerns about potential disruptions to the theatre industry.

Summer Game Fest Concludes on My Terms

Originally Published 6 months ago — by Engadget

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Source: Engadget

The article summarizes key highlights from Summer Game Fest 2025, including previews of upcoming games like Crisol, Grave Seasons, and Escape Academy 2, discusses the use of AI in game development by 11 Bit Studios, reports on Xbox layoffs and Netflix's game cull, and covers esports betting and updates on Resident Evil: Requiem.

‘Ballerina’ Outperforms ‘John Wick’ Spinoff, Keeps ‘Lilo & Stitch’ at Top

Originally Published 7 months ago — by The Daily Beast

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Source: The Daily Beast

Lilo & Stitch continues to dominate the box office for the third weekend, earning $32.5 million domestically and $67.7 million globally, with a total of $772 million. The John Wick spinoff Ballerina opened strongly in second place with $25 million domestically and $26 million globally. Mission: Impossible — The Final Reckoning remains in third, adding $15 million in its third week, while Karate Kid: Legends and Final Destination: Bloodlines follow in fourth and fifth place.

"Nikon's Acquisition of RED: Implications for Cinema Industry"

Originally Published 1 year ago — by CineD

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Source: CineD

Nikon Corporation has announced its agreement to acquire 100% of the outstanding membership interests of RED.com, LLC, making RED a wholly-owned subsidiary of Nikon. This unexpected acquisition aims to merge the strengths of both companies, leveraging Nikon's expertise in product development and image processing with RED's knowledge in cinema cameras and unique image compression technology. The move is expected to expand the professional digital cinema camera market and promises an exciting future of product development in film and video production.

Embracer Group's Shares Plummet Following Failed $2 Billion Deal.

Originally Published 2 years ago — by Forbes

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Source: Forbes

Embracer Group's stock dropped 40% after a $2 billion industry mega-deal collapsed, which came as a shock to the company. The identity of the counterparty is unknown, but Embracer has been on a vast spending spree, acquiring studios and properties. The deal's collapse resulted in a big earnings forecast downgrade, and it's unclear where Embracer goes from here or if the deal can be salvaged.