Latest Business News

SAG-AFTRA Finalizes Field Of Candidates For President, Secretary-Treasurer

It's official: Five candidates have thrown their hats into the ring in the race to become president of SAG AFTRA. Incumbent Gabrielle Carteris will face off against challengers Esai Morales, Peter Antico, Robert B. Martin Jr. and Marilyn Monrovia. Three other candidates are running for national secretary-treasurer: incumbent Jane Austin and challengers Jason George and Chuck Slavin. Read their candidate statements below. Carteris, running on the Unite for Strength slate… Read

Toronto’s Superb Soulpepper Troupe Beats ‘Hamilton’ At The Freebie Game

Forget about the shows, for a minute. Soulpepper, a highly, and rightly, decorated Toronto theater company in residence this month at the Signature Theatre on West 42nd Street, is offering the best freebie since Hamilton‘s Ham4Ham al fresco pre-show went the way of the $500 premium ticket. Each evening after the scheduled performances, the Soulpepper Cabaret gets underway in the Signature’s inviting cafĂ©. Members of the 20-year-old company and some invited guests spend… Read

Johnny Depp’s Ex-Biz Managers Cite More Examples Of Actor’s Overspending In New Court Docs

Johnny Depp

The legal fight about who is to blame for Johnny Depp’s financial troubles took a new turn when Depp’s former managers filed an amended cross-complaint today in Los Angeles Superior Court. In the oft-redacted filing, The Management Group’s lawyers cite new expenses incurred by Depp that they say proves it was the actor who mismanaged his money. Depp sees it the other way, originally suing TMG in January for $25 million alleging 11 complaints ranging from fraud to breach… Read

Matt Loeb Re-Elected IATSE President

Matt Loeb IATSE

UPDATED with Loeb quote: Matt Loeb, running unopposed, was re-elected to a four-year term as president of the International Alliance of Theatrical Stage Employees today at the union's 68th Quadrennial Convention in Hollywood, FL. Loeb, who's been president of IATSE since 2008, hasn't had to stand for election once in the last 10 years. He was elected without opposition in 2009 at the convention in Orlando, and at the 2013 convention in Boston. In 2008, he was the… Read

Sinclair And Nexstar Vow To Share Spectrum To Help Next-Gen TV Transition

Sinclair Broadcast Group and Nexstar Media Group said today that they will share airwave spectrum in 43 markets where they both have stations to promote a transition to a new broadcast standard — ATSC 3.0 — that supporters say could revolutionize over-the-air TV. The new standard will make it easier to meld 4K programming and interactive broadband data in over-the-air transmissions. But it will not work on current TV sets. As a result, companies expect the FCC will allow… Read

UTA Snares Live Nation Exec To Run Global Music As Partner

Live Nation EVP and President of Global Talent and Artist Development David Zedeck has joined UTA, where he has been named Global Head of UTA Music, Partner and Special Advisor to the Board of Directors. He will be based Los Angeles. At Live Nation, Zedeck oversaw the company’s global touring initiatives, focusing on acquiring talent and working on global development. He had been at CAA where he repped the likes of Justin Timberlake, Demi Lovato, Justin Bieber, One… Read

Movie Tickets Hit Record High Average Of $8.95 In Q2

Movie admissions fell in Q2, but exhibitors may find a silver lining when they tally their revenues. The average consumer outlay for tickets hit a new high, $8.95 — a 2.5% increase vs the period last year — the National Association of Theatre Owners reports. That tops the $8.84 in Q1, the previous high. People paid premium prices for theaters with recliner seats and for hits in 3D and large screen venues. Movies that did well in the settings included Guardians of the Galax… Read

YouTube TV Adds Live Broadcast Streams In 10* Markets

Google’s making some progress in dealing with the Achilles’ heel of YouTube TV, its live streaming subscription service announced in April: It initially offered live ABC, CBS, Fox, and NBC broadcasts in just five markets — but says today that it’s adding 10, though one should have an asterisk. The new markets for live streams of the four networks’ local stations are Washington, DC, Houston, Atlanta, Phoenix, Detroit, Minneapolis-St. Paul, Miami-Ft. Lauderdale… Read

Comic-Con: On Jack Kirby’s 100th Anniversary, Tributes To “The King Of Comics” From Stan Lee, Frank Miller, Kevin Feige, Geoff Johns & More

Jack Kirby Marvel

Without Jack Kirby there would be no Comic-Con. Period, full stop. On the 100th anniversary of the birth of the man now known as the King of Comics, no tribute can really do justice to Kirby’s vast impact and importance. Last week at D23, Disney boss Bob Iger made a pretty fine effort when he praised Kirby as “an industry icon who redefined comics.” With those words in mind, we reached out to Kirby’s most famous collaborator Stan Lee, DC Entertainment head Geoff Johns… Read

Comic-Con Photo Gallery: ‘Legion’ & ‘Game Of Thrones’ Go Large, ‘Stranger Things’ & ‘Defenders’ Take Over Gaslamp In Annual Marketing Blitz

Game Of Thrones Stranger Things Comic-Con 2017

Forget about Marvel vs. DC or The Walking Dead vs. Game Of Thrones in Hall H. The really big battle at Comic-Con this is between Legion and People Of Earth. With the confab officially underway today, the FX/Marvel drama and the TBS comedy about an alien abduction support group have taken over the most marketing square footage by far in San Diego this year. The scrimmage for the attention of the tens of thousands and more descending on the city over the next few days has… Read

Vimeo Picks Anjali Sud To Be CEO Following Year Of Setbacks

IAC’s Vimeo apparently hopes to steady itself after a turbulent year with the appointment of a new CEO: Anjali Sud, who had been GM and Senior SVP of its creator business. The announcement follows the June 2016 departure of Kerry Trainor, who had been CEO for four years. IAC chief Joey Levin stepped in as Interim CEO. Last month the company scrapped its three-year effort to create a subscription video offering. The news came just three months after Vimeo hired Alana Mayo… Read

Fathom Events Owners Tap Ray Nutt To Be CEO

The nation’s three largest exhibition chains have turned to a Regal Entertainment exec to lead their effort to provide theaters with non-Hollywood content including concerts and sports events. Ray Nutt is now CEO of Fathom Events, moving from Regal where he was SVP of Business Relations. The announcement does not mention the status of John Rubey, Fathom’s CEO since 2014 when it was split from National CineMedia. AMC Entertainment, Regal, and Cinemark Holdings own… Read