Tyler Perry Studios to Develop Unscripted Content
A joint venture will develop and produce non-fiction projects for global export. Source: Tyler Perry Studios to Develop Unscripted Content
Movie Studio Profit Report: A Year of Major Transition
Overall, only one studio unit among Hollywood conglomerates posted profit growth for the calendar year 2023 amid fast-paced change and disruption in the industry. Source: Movie Studio Profit Report: A Year of Major Transition
Lionsgate, Screaming Eagle Clear SEC Hurdle SPAC-Style Merger Launch Standalone Studio
The financial securities regulator has approved a registration statement for a proposed business combination to close and Lionsgate Studios in early May to start trading as a separate company on NASDAQ. Source: Lionsgate, Screaming Eagle Clear SEC Hurdle SPAC-Style Merger … Continued
Paramount Global, National Amusements, Skydance Media in Sale Talks
The companies, led by Shari Redstone, Bob Bakish and David Ellison, reportedly set a 30-day window for deal negotiations. Source: Paramount Global, National Amusements, Skydance Media in Sale Talks
Disney Shareholders Reject Nelson Peltz Board Bid in Win for Bob Iger
It’s official: Disney shareholders shot down activist investor Nelson Peltz‘s effort to win seats on the Mouse House’s board of directors. Investors voted to reelect all 12 of the company-backed board members, including CEO Bob Iger, ending the most expensive … Continued
IATSE Negotiations: Local 695 Tentative Deal Reached on Craft Issues
According to the labor group, the negotiations were “productive” and resulted in “meaningful gains in all areas.” Source: IATSE Negotiations: Local 695 Tentative Deal Reached on Craft Issues