formerly Mad Cornish Projectionist.
The deal, expected to close in the second half of 2027, will separate ITV Studios into a standalone global content business and return roughly £950 million ($1.27 billion) to shareholders. Source: https://variety.com/2026/tv/news/sky-itv-media-entertainment-sale-1236802209/
U.K. Secretary of State for Culture, Media and Sport Lisa Nandy cited concerns around the plurality of views in news media, and consolidation in on-demand programming. Source: https://www.hollywoodreporter.com/business/business-news/uk-may-try-stop-paramount-warner-bros-discovery-deal-1236633743/
Meta wants to steal TV viewers, Amazon and Apple are meddling with content, and traditional media companies are pursuing megadeals to try and survive. Source: https://www.hollywoodreporter.com/business/business-news/hollywood-big-tech-war-entertainment-platforms-1236628274/
Shadowcast Pictures, a Los Angeles-based production equipment rental company that supplied cameras, lighting and other filmmaking gear to movies, television shows and commercials for nearly two decades, has ceased operations after struggling through years of industry turmoil. Source: https://www.yahoo.com/news/us/articles/hollywood-collapse-continues-another-production-213515839.html
The organisation is giving project financing to smaller studios in exchange for a share of revenue, rather than equity. Source: https://www.gamesindustry.biz/vc-fund-vgames-launches-new-10m-indie-fund
With a $50 billion OpenAI deal just closed, the exit from the movie represents the starkest example of Big Tech siding with business interests over creative freedom. Source: https://www.thewrap.com/industry-news/business/amazon-mgm-dumps-a-sam-altman-biopic-as-big-tech-crosses-a-line-in-hollywood-analysis/