Click to Skip Ad
Closing in...

Latest Business News

Quentin Tarantino On Harvey Weinstein: “Wish I Had Taken Responsibility For What I Heard”

No filmmaker is more closely associated with Harvey Weinstein and his companies than Quentin Tarantino, and today the double Oscar winner is speaking out about the sexual abuse and harassment scandal that is rocking Hollywood. In a long conversation with The New York Times, Tarantino admitted he “knew enough to do more than I did” and called on “the other guys who knew more to not be scared. Don't just give out statements.” "There was more to it than just the normal… Read

Veteran Media Analyst Jessica Reif Cohen: Skinny Bundles “So Far Are One Big Yawn”

Jessica Reif Cohen, longtime media analyst at Bank of America Merrill Lynch, said virtual MVPs (aka “skinny bundles”) from the likes of Dish, DirecTV, Hulu, YouTube and Sony “so far are one big yawn, a big nothing” in terms of penetration and subscribers. Her comments came during a lively panel discussion among four front-rank Wall Street analysts at the NAB Show New York, which was held Wednesday and Thursday. Because “churn is extremely high” and many of the services… Read

Univision Amps Up Criticism Of Verizon In Carriage Dispute, Cites Support From Congress & Hispanic Media Group

Univision is ratcheting up its criticism of Verizon for deciding to “withhold Univision news, information and services from their Hispanic subscribers” by dropping the network’s signal from its FiOS service in a carriage dispute. On Wednesday, the U.S. Hispanic TV network said Verizon had dropped it “entirely without warning.” Verizon responded in a statement contending that Univision had not come forward with an offer it considered reasonable. A statement this afternoon… Read

Harvey Weinstein Under LAPD Investigation For Rape

LAPD Harvey Weinstein

As NYPD and the London Metropolitan Police have begun investigating potential criminal complaints against Harvey Weinstein, the Los Angeles Police today formally announced its is now looking into rape allegations against the disgraced producer. "The Los Angeles Police Department's Robbery Homicide Division has interviewed a potential sexual assault victim involving Harvey Weinstein which allegedly occurred in 2013," LAPD Officer Sal Ramirez said today. "The case is under… Read

Model Amy Elmore Shares Harrowing Personal Abuse: “It’s Time To Talk About Sexual Predators In The Modeling Business”

Amy Elmore

EXCLUSIVE: Amy Elmore, a model for 29 years, has experienced and witnessed years of the sexual predatory nature of men in positions of power. She was raped at the age of 17 “by a famous musician” and then as a struggling model had to face the realities of the predatory nature of fashion photographers, only to come to Hollywood to find further systemic abuse. Elmore is one of the first models to come forward, following the sexual assault allegations against mogul Harvey… Read

Weinstein Company Staffers Pen Statement About “Monster” Harvey Weinstein

UPDATED with full statement: The New Yorker was first to publish a statement signed by “select members of the Weinstein Company staff” in the wake of that magazine’s exposé on the company’s co-founder Harvey Weinstein. The group, which did not sign individual names but is said by the magazine to number about 30, says among other things that they “did not know we were working for a serial sexual predator” and that the TWC board “failed” in its duty to keep Weinstein in… Read

‘The Walking Dead’ To Drop Extra 100th Episode Footage On New AMC VR App

The debut of the eighth season and 100th episode of The Walking Dead this weekend is set to make the jump into virtual reality for AMC. After the October 22 premiering 100th TWD episode ends, the newly launched AMC VR app will feature an extra scene from the “Mercy” episode directed by EP Greg Nicotero. Focusing on Jeffrey Dean Morgan's Negan villain, the Kevin Cornish co-directed 360-degree bonus footage is clearly a strategic magnet to pull some of the blockbuster's… Read

Brian Nitzkin Joins Myriad Pictures As SVP Business Affairs

Myriad Pictures has hired Brian Nitzkin as SVP Business Affairs to oversee contracts and legal work for its slate of films, as well as oversee all business affairs with Myriad’s international distributors. He joins the indie production, financing and distribution company from IM Global. “Brian’s many years of experience working with production, distribution and financing are very much appreciated,” said Myriad President Kirk D’Amico. “We welcome him as a member of our… Read

Tribune Shareholders OK Sinclair Deal As Regulators Stop Clock On Review Process

Tribune Media shareholders have overwhelmingly approved a $3.9 billion deal for the company to be acquired by Sinclair Broadcast Group, one that will make Sinclair the nation’s most powerful local TV broadcaster. The news comes a day after the FCC’s Media Bureau said it was stopping its 180-day clock on a ruling about the transaction, a fairly standard move as the agency seeks additional comments. It said the clock resumes November 2, the same day comments are… Read

DGA Board Meeting Will Address “Very Serious Issue” Of Sexual Harassment


The DGA said today that it will address "the very serious issue of sexual harassment in the industry" at its national board meeting Saturday in New York. The announcement by a guild spokesman comes in the wake of the avalanche of accusations against Harvey Weinstein, who has been kicked out of the Film Academy and is being expelled from the Producers Guild. He's still a member of the Directors Guild, however. Weinstein, who has more than 300 producing credits but only two… Read

Fox Snags Danny Strong’s ‘Operation Nexus’ NYPD Thriller As Put Pilot

EXCLUSIVE: Empire aired last night on Fox and today co-creator Danny Strong grew his empire with the company with another project. Fox has given a put pilot commitment to the thriller Operation Nexus from sister studio 20th Century Fox TV and Danny Strong Productions. The NYC set Nexus joins medical drama Stranger Conditions from the two time Emmy winner at Fox as well as legal dramas Midnight Lawyer and Infamy. Operation Nexus centers on the courageous but nowhere near… Read

Megyn Kelly Not So Sure Harvey Weinstein Scandal Will Bring Sea Change

Megyn Kelly

NBC News host Megyn Kelly’s reaction to those who say the Harvey Weinstein scandal marks the start of a sea change? “Maybe.” In a piece for Time magazine, Kelly, who was among the women who came forward claiming to have been sexually harassed by the late Fox News Chief Roger Ailes, said she thought his ouster marked the start of a sea change. And, she thought so again, when Silicon Valley began to disgorge its own stories of harassment against women. “Now that we are in… Read