Discovery’s Q2 Results Suffer As The Strong Dollar Diminishes Overseas Sales
Discovery’s betting that its acquisitions of overseas TV assets will pay off in the long run. But for now they require the company to do some explaining, as ad sales in local currencies are discounted when converted into U.S. dollars.
The programmer says today that in Q2 it generated net income of $286 million, down 24.5%, on revenues of $1.65 billion, up 2.7%. Analysts expected more: $1.87 billion was the consensus revenue forecast. Earnings at 44 cents a share also were… Read
Time Warner Tops Wall Street’s Q2 Expectations With Help From Videogames
Warner Bros was a stand-out unit for Time Warner in Q2 — but not for the reason you might expect. The entertainment company points to the release of videogames Batman: Arkham Knight and Mortal Kombat X as leading drivers for the studio.
Still, it took more than a few games to drive the company’s better-than-expected results. Time Warner reported net income of $971 million, up 14.2% vs the period last year, on revenues of $7.35 billion, up 8.3%. The top line handily beat… Read
The Weinstein Company And ITV Studios Board Archery Pictures’ Event TV Series ‘Mafiya’
EXCLUSIVE– The Weinstein Company and ITV Studios have come on board to finance and distribute Liza Marshall and Kris Thykier’s Archery Pictures’ event TV series Mafiya. The ten part series, written by William Nicholson (Gladiator, Les Miserables), is set to go into production early 2016. Set in Moscow in the 1990s, a time when criminal gangs and private armies clashed in one of wildest rides in history, the series follows the rollercoaster rise of the oligarchs. Central… Read
Cheryl Boone Isaacs Gets Third Term As Academy President
Academy of Motion Picture Arts and Sciences President Cheryl Boone Isaacs ran unopposed in this year’s Board of Governors elections held tonight, meaning she was elected unanimously to serve a third term. AMPAS presidents can serve four one-year stretches before terming out.
Also tonight, Jeffrey Kurland was elected First VP; incumbents John Bailey and Kathleen Kennedy were elected to VP posts, along with Bill Kroyer, who was Secretary last year; Jim Gianopulos was… Read
‘Deadpool’ Redband Trailer: Ryan Reynolds Puts The Comic Into Comics
“The cancer’s only in my liver, lungs, prostate and brain — all things I can live without.” So says superhero-to-be Wade Wilson before his transformation. Here’s the redband first trailer for Deadpool, starring Ryan Reynolds as Marvel’s wise-cracking, ass-kicking and very raging anti-hero. With a rap-heavy soundtrack, a little profanity and much, much violence, this is what to expect when the Fox flick arrives just in time for Valentine’s Day.
It tells the origin story of… Read
Shonda Rhimes At TGIT Panel: “I Don’t Spend Time Thinking About Legacy…We’re Still Doing This” – TCA
Donald Trump, Emmys, Shonda Rhimes’ acting and even Mr. Potato Head were some of the vast topics canvassed at ABC’s TGIT panel, aka the Shondaland session, this afternoon at TCA. After some of the blasé panels that the press corps had to sit through last week, TGIT came as tall glass of cold water here at the Beverly Hilton. As the press needled Rhimes about next season’s story lines and showered her with compliments, she turned a cold shoulder to praise and didn’t suffer… Read
Netflix Births Unlimited-Leave Policy For Mom And Pop Staffers
Netflix has a message for its employees who are planning to become parents: Take your time with those little future subscribers. The company said in a corporate blog post today that it will begin offering unlimited leave for women and men that “allows them to take off as much time as they want during the first year after a child's birth or adoption” — and not worry about a smaller paycheck.
The new maternity and paternity policy is a far 3 AM cry from what most U.S… Read
Lela Swift Dies: Pioneering TV Director Was 96
Lela Swift, who rose from the secretarial pool at CBS to become a pioneering force for female TV directors, died today at her Santa Monica home of natural causes. She was 96. Swift went from gopher to an AD job on the network’s Studio One in 1948, to directing nearly 600 episodes of Dark Shadows and winning three Daytime Emmys over 14 years of helming the soap opera Ryan’s Hope.
Born Lela Siwoff on February 1, 1919, in New York City, she joined the then-nascent CBS in the… Read
Shonda Rhimes & Pete Nowalk Tease Next Season Setups For ‘Scandal’, ‘How To Get Away With Murder’
Like water torture, TCA journos nudged Shonda Rhimes and Pete Nowalk to at least provides hints as to what will occur next season on Scandal and How To Get Away With Murder, respectively.
Rhimes previously told a reporter that she wasn’t there to reveal plot lines. But after another asked again, Rhimes took a breath, looked at the ABC publicist to her right, then turned to the crowd and said: “For Scandal we’re picking up almost where we left off,” where Olivia Pope… Read
Will Smith To Join Cast Of ‘Collateral Beauty’
EXCLUSIVE: Will Smith has replaced Hugh Jackman in Collateral Beauty, the feature about a New York advertising executive who experiences a personal tragedy and the subsequent unconventional plan from his colleagues to break him out of his depression. Rooney Mara also is attached to star. Overbrook Entertainment is coming aboard to co-produce the project alongside Anonymous Content, PalmStar and Likely Story. PalmStar is fully financing.
Written by Allan Loeb, the project… Read
‘The Coach’ NBC Revival: Andrew Ridings Cast As Hayden Fox’s Son
Andrew Ridings, who recurs on Universal TV’s comedy series Unbreakable Kimmy Schmidt, has landed the young lead opposite Craig T. Nelson in the studio’s new Coach series for NBC.
Written by the original series creator Barry Kemp, the 13-episode series is set in the present, picking up 18 years after the ABC sitcom went off the air after nine seasons. Coach Fox (Nelson) — now retired from coaching — is called back to become assistant coach to his grown son, Tim (Ridings)… Read
Yolonda Ross Joins ‘The Get Down'; Chris Petrovski In ‘Madam Secretary’
Yolonda Ross has joined the cast of Baz Luhrmann's music-driven Netflix drama The Get Down. Set in 1970s New York City, the series — a longtime passion project for Luhrmann — revolves around a ragtag crew of South Bronx teenagers who are wild in the streets; they’re nothings and nobodies with no one to shelter them, except one another. Ross will recur as Ms. Green, the caring but tough English teacher who nurtures the potential in her students and advocates for them to… Read