Jared Leto Invests in AI Startup Captions
The actor joins Andreessen Horowitz, Index Ventures, Kleiner Perkins and Sequoia Capital in the $60 million Series C round. Source: Jared Leto Invests in AI Startup Captions
Fox’s Tubi Launches in U.K. With Focus on Fandoms, Including Bollywood, Nollywood and Arthouse
The ad-supported streamer now has more than 80 million monthly active users. Source: Tubi to Launch in U.K. on July 2
Paramount Chiefs: We’re Cutting $500 Million in Costs After Profit Drop
The trio of co-CEOs told employees at a town hall Tuesday that bankers have been hired to sell unspecified assets “to help pay down debt and strengthen our balance sheet.” Source: Paramount Chiefs: We’re Cutting $500 Million in Costs After … Continued
Barry Diller’s IAC Explores Paramount Bid
The mogul’s digital media firm IAC appears to be the latest to throw its hat in the ring to make a deal with Shari Redstone’s National Amusements. Source: Barry Diller’s IAC Explores Paramount Bid (Report)
Shari Redstone’s Paramount Sale Options: Who’s In the Mix Now?
The mogul came close to selling her empire, then backed away, for now. New suitors have emerged amidst the chaos. But can the studio be saved? Source: Shari Redstone’s Paramount Sale Options: Who’s In the Mix Now?
Four Former Netflix UK Execs Launch New U.K. Venture Juno Studios
Bec Mortimer, Fiona Lamptey, Amber Taylor and Vinnie Shergill, four former senior Netflix executives who between them have decades of experience in the entertainment industry involving some of the world’s most successful shows, have joined forces to launch Juno Studios. … Continued