Latest Business News

California Enacts Law Preventing IMDb Pro From Listing Actors’ Ages

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In a move hailed by SAG-AFTRA as a major advance for working actors, California Governor Jerry Brown signed a bill today that will require IMDb Pro to remove the ages of actors and others listed on the site if asked by them to do so. The bill was pushed by SAG-AFTRA as a way to combat age discrimination, but is almost certain to face a First Amendment challenge. The bill was narrowly crafted to apply only to "commercial online entertainment employment providers" that… Read

AMC Rips NATO In Org’s James Murdoch Spat: “Condescending And Gratuitous”

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Adam Aron, CEO and President, AMC Entertainment has weighed in on the spat between the National Association of Theatre Owners and Fox CEO James Murdoch: "The theatrical window is a longstanding industry practice that has benefited studios, theatres and moviegoers. We all should tread lightly and be mindful that over the years, the film industry’s success is a direct result of a highly successful collaboration between film makers, distributors and exhibitors. Change should… Read

‘VAYA’ Director Akin Omotoso Inks With APA; Abrams Artists Agency Signs Grandex, Inc.

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APA has signed Nigerian-born director Akin Omotoso, who is fresh off the 2016 TIFF world premiere of his film Vaya. In the pic, Omotoso weaves together three separate stories to create a gripping yet compassionate portrait of small-town characters immersed in the intimidating, alluring, and dangerous world of big-city Johannesburg and Soweto, resulting in synthesis of big-city anxieties and aspirations. His other directorial credits include Man On Ground, Tell Me Sweet Som… Read

NATO Chief To James Murdoch: “Get The Record Straight” On Theater Exclusivity; MPAA Weighs In – Update

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UPDATED with MPAA statement below: Fox CEO James Murdoch needs to “take some time to learn how [the movie business] works,” National Association of Theatre Owners CEO John Fithian says today in a note to Deadline, picking up a gauntlet that Murdoch threw down yesterday. On Friday, the MPAA’s Chris Dodd weighed in the issue, saying, “It is unfortunate that Mr. Murdoch's productive point about innovation provoked such a strong reaction from the National Association of Theatr… Read

Rob Moore Exiting As Paramount Vice Chairman

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Robert S. Moore is leaving his post as vice chairman of Paramount Pictures, people briefed on his departure confirmed Friday. Those people said superiors at Viacom forced his departure after killing the proposed sale of a studio stake to China’s Wanda Group, a sale of which Moore was a strong advocate. It is has been widely rumored that Jim Gianopulos, who recently left his job as chief executive of the Fox studio, would take a role at Paramount; but Gianopulos, who has… Read

Disney Mum On New Director, Designer For Broadway ‘Frozen’

Michael Grandage

Disney Theatrical Productions declined this morning to confirm a report that Tony winner Michael Grandage (Red, Frost/Nixon) has been handed the reins to its Broadway adaptation of the blockbuster animated flick Frozen. Also untouched was the info that Christopher Oram, Grandage’s frequent collaborator, is re-designing the show. In August, DTP abruptly parted ways with director Alex Timbers (Rocky The Musical, Disney’s Peter And The Starcatcher) and designer Bob Crowley (A… Read

Twitter Stock Jumps On Report Of Possible Sale Talks

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Shares of Twitter are up more than 20% in early trading today after CNBC’s David Faber reported that the social media company has been receiving “expressions of interest” from several tech companies considering making a bid for the company. Faber said on the network’s Squawk on the Street that sources close to the situation are telling him the Twitter board is “said to be largely desirous of a deal.” No sale is imminent, he said, though the company has “engaged in… Read

SAG-AFTRA Foundation To Open NY Venue Named For Robin Williams

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The SAG-AFTRA Foundation will open a new screening room and educational space in New York City on October 5 that will be named the Robin Williams Center for Actors, Broadcasters and Recording Artists in honor of the late actor-comedian. The space, located at 247 W. 54th St. between 8th Avenue and Broadway, will offer free educational programming to more than 40,000 actors, broadcasters and recording artists in the New York metro area. It will be the permanent home of the… Read

Rupert & James Murdoch’s Compensation Grew In 2015

Mandatory Credit: Photo by MediaPunch/REX/Shutterstock (3643179e)
Lachlan Murdoch, Rupert Murdoch, James Murdoch
The Television Academy's 23rd Annual Hall of Fame, Los Angeles, America - 11 Mar 2014

21st Century Fox executive chairman Rupert Murdoch saw his annual compensation rise almost 25% compared with fiscal-year 2015, with a total package of $34.6 million. He made $27.9 million in 2015, when he also was CEO. His son James Murdoch, in his first year as the new CEO, was at $26.4 million. That’s a big bump from a year ago, when as co-COO he made $15.1 million. The news came this morning via the company’s SEC filing and ahead of its annual meeting of stockholders… Read

Deluxe Technicolor Digital Cinema Employees Vote To Join IATSE

Deluxe Film Editors

EXCLUSIVE: By a vote of 43-20, employees of Deluxe Technicolor Digital Cinema tonight voted to join IATSE and its postproduction local the Motion Picture Editors Guild. This comes a year after postproduction technicians and artists at Deluxe's Culver City unit on the Sony lot overwhelmingly jumped into the union game. The election was overseen by the National Labor Relations Board. This particular further unionization of Deluxe employees comes after what sources tell me… Read

Union Accuses Wanda Of Using Foreign Cash To Influence Beverly Hills Ballot Initiative

72nd Annual Golden Globe Awards Preview Day

A union representing hotel workers at the Beverly Hilton has accused the Wanda Group, the Chinese multinational conglomerate that owns AMC, the world's largest cinema chain, of using foreign money to influence the outcome of a local ballot initiative in Beverly Hills. Read the press release here. The allegation is the latest development in a long-running dispute between Wanda and the Hilton over who should develop a piece of property next to the hotel. Hilton bypassed the… Read

Legendary Taps James Ngo As SVP Franchise Management

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Legendary has hired James Ngo as SVP franchise management, a new post where the executive will develop additional revenue opportunities for the studio’s IPs, including Godzilla and Pacific Rim. In addition Ngo will oversee the company's brand collaborations on established IPs across film, TV, digital, VR and live events. He will report to Legendary's chief marketing officer, Emily Castel. Prior to Legendary, Ngo managed licensing and branding over the last decade at… Read