Latest Business News

TV Pilot Locations 2015: New York Slips, Los Angeles & Vancouver Rebound

NY Production

California’s long-awaited expansion of the Film and TV Tax Credit Program is still months away, but things are starting to look up for the state in the high stakes of broadcast pilot production. After hitting a new low last year with a measly five drama pilots and slipping to 85% of comedy pilot production, Los Angeles regained some ground with seven drama pilots, tying Vancouver and last year’s leader New York for No. 1. The city also has upped its total this year to 93%… Read

Why Lady Gaga And Vin Diesel Should Be In Every Movie And TV Show

Vin Diesel Lady Gaga

EXCLUSIVE: Wondering why singer Lady Gaga ended up on the next American Horror Story? Or how Vin Diesel is driving massive interest in the upcoming Furious 7 movie? For some quick clues, take a look at our annual compilation of Hollywood’s biggest performers on social media, put together by RelishMix, which tracks film and TV properties across Twitter, Facebook and YouTube for studios and networks. This year’s Top Ten compilation shows three of the Furious 7 stars… Read

Will HBO Team Up With Apple For Online Service Launch?

HBO

The companies are talking as both plan potentially game-changing online product launches, International Business Times reports today. The news lifted Time Warner shares in late trading. According to the report, HBO — working with Major League Baseball Advanced Media — plans to introduce its widely anticipated online service next month ahead of the fifth season of Game Of Thrones which premieres on April 12. It will be called HBO Now and could cost about $15 a month vs… Read

L.A. Mayor Cuts Production Red Tape, Appoints New Chief Film Liaison For City

Eric Garcetti

Nearly two weeks after he announced his Greenlight Hollywood campaign, Mayor Eric Garcetti today unveiled further measures to make L.A, the friendliest city in America for production. He said the city will “cut red tape and will cut costs and make every department assign a point person to work directly with the film industry.” Garcetti also has signed an executive directive (read it here) implementing changes in the way the city works with the film industry. Also today… Read

Warner Bros CEO Forecasts More Cost Cutting, Even As Studio Grows

CinemaCon 2014 - Warner Bros. Pictures Invites You To "The Big Picture," An Exclusive Presentation Highlighting The Summer Of 2014 And Beyond

Warner Bros isn’t through with cost cutting after slicing about $200 million from its its operating expenses last year. “We think there’s an opportunity to go even further” — particularly in marketing — studio CEO Kevin Tsujihara said today at the Morgan Stanley Technology, Media & Telecom Conference. “We spend about $2 billion a year on marketing expenses,” he says. “There’s a huge opportunity for more one-to-one marketing” — especially using the digital data the studio… Read

Netflix Looks At ‘Beasts Of No Nation’ As An Experiment

beasts of no nation movie

You may think that Netflix is taking a big chance with its just-made deal for global rights to Beasts Of No Nation, the new film by True Detective’s Cary Fukunaga about the experiences of a child soldier fighting in a civil war in an African country. But the streaming company seems relaxed, even though many theater chains won’t present the release.   After making deals with Adam Sandler and Pee-wee Herman, the gritty drama — said to have been licensed for about $12… Read

Lincoln Center As OK Corral? David Geffen Will Face Down David Koch Across $200 Million Plaza

Matropolitan Opera, Avery Fisher Hall

Call ‘em the Dueling Daves. They may not sling guns, but ultraconservative activist and philanthropist David Koch will soon be glaring directly into the defiant face of liberal-cause supporter David Geffen. In a manner of speaking. Lincoln Center For The Performing Arts announced Wednesday that Geffen, the onetime music entrepreneur turned billionaire entertainment mogul and philanthropist, will donate $100 million toward the half-billion cost of renovating and… Read

Chase Carey: Online Video Services Are A “Big Priority” For Fox

File photo of Chase Carey, President and Chief Operating Officer of News Corporation, participating in a panel in Beverly Hills

Fox plans to be part of the procession of programmers offering shows directly to consumers online. “I think it’s great, and there are a lot of plans we’re working on,” COO Chase Carey told investors today at the Morgan Stanley Technology, Media & Telecom Conference. “It’s a big priority for us.” He didn’t go into detail, but said that “consumers want this choice, and we have to play a direct role.” This is partly a response to cable and satellite companies’ failure to… Read

Broadway-In-A-Box Grows As Key Brand Entertainment Nabs The Broadway Channel

"All The Way" Opening Night - Arrivals And Curtain Call

What do you watch on that hotel-room TV? Key Brand Entertainment owner John Gore hopes that Kinky Boots will prevail over kinky everything else. KBE, which produces, promotes and sells tickets to legit shows via Broadway Across America, Broadway.com and Group Sales Box Office, has acquired The Broadway Channel, which creates theater-related programming seen mostly on hotel cable channels. Terms weren’t disclosed. "We are looking forward to the expansion and opportunities… Read

Regal Adds MovieTickets.com For Online Ticket Sales In Non-Exclusive Deal

movietickets logo

Regal is the biggest, but also just the latest, exhibition chain to opt to use multiple online ticket sales services. And MovieTickets.com says that the deal means it has passed Comcast’s Fandango to become the No. 1 advance sales movie ticket company:  MovieTickets says it has 28,000 screens “worldwide” — although Fandango claims more than 25,000 screens in the U.S. Regal will continue to use Fandango, and — by the end of this month — add MovieTickets at its 572 theaters… Read

Sling TV Folds IFC, Sundance TV, And EPIX Into Its Program Offerings

Sling TV Logo

This is the shoe that had to drop after Dish Network’s $20 a month live streaming service announced that it had struck carriage deals with AMC Networks and EPIX, the premium service co-owned by Viacom, Lionsgate, and MGM. Sling TV says today that it added IFC to its basic package, with no change in price. It has already folded in AMC. So subscribers can watch series including Better Call Saul, Mad Men and, now, IFC’s Portlandia. VOD content from the channels will be… Read

Alibaba Buys $380 Million Stake In Chinese Production Company Enlight

Jack Ma Alibaba

Jack Ma’s Alibaba has acquired an 8.8% stake in Enlight, one of China’s leading film and TV production companies, again highlighting the online giant’s eagerness to increase its presence in content creation. The stake is valued at $380 million. The news came in an announcement to the Shenzhen stock exchange. The move to buy into Enlight, which last year struck a deal with Israel's Read