formerly Mad Cornish Projectionist.
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.In an X post Friday, Musk said the all-stock transaction values xAI at $80bn (£61.8bn) and X at $33bn. Musk paid $44bn … Continued
Hiiro replaces Carol Choi, who retains her regional executive responsibilities as evp for APAC studios, original content strategy, networks and integrated marketing. Source: Tamotsu Hiiro Named Disney Japan Managing Director
Yes, there were some big hits like ‘Reacher.’ But pricey underperformers like ‘Lord of the Rings’ and ‘Citadel’ along with little movement on the Bond franchise didn’t help, even if, as chief Mike Hopkins is telling insiders, it was simply … Continued
Carolco Pictures paved the way for unapologetically big movies that defined the ’80s and early ’90s — even as its excesses led to bankruptcy. Source: Carolco: A Cautionary Tale for Swaggering Hollywood Indie Studios
After helming Studiocanal and co-founding Ubisoft‘s film and TV division, Didier Lupfer has joined forces with former TF1 head Édouard Boccon-Gibod and tech entrepreneur Tariq Krim to launch The Media Company, a production outfit that’s tapping into artificial intelligence. Source: … Continued
UK taxes on big tech firms may be changed as part of a deal to avoid US President Donald Trump’s next raft of tariffs, Chancellor Rachel Reeves has suggested.She said talks are “ongoing” about tweaks to the Digital Services Tax … Continued