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Wrapbook, A Production Payroll Startup With Hollywood Backers, Debuts Mobile App As Workforce Swells To 140 And Valuation Hits $1B
Wrapbook, a financial services startup whose tools are used for production payroll, has released a new mobile app on the heels of raising $100 million in Series B funding.
Jeffrey Katzenberg’s WndrCo and Michael Ovitz are among the backers of the company. According to data provided to Deadline, the company’s workforce…
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By Dade Hayes
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8 Comments Comment on Wrapbook, A Production Payroll Startup With Hollywood Backers, Debuts Mobile App As Workforce Swells To 140 And Valuation Hits $1B
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Endeavor Nears Deal To Sell Control Of Content Business To South Korea’s CJ
Endeavor Group Holdings is close to a deal to sell a majority interest in its content unit to South Korea media company CJ ENM, according to people familiar with the pending transaction.
The CJ investment is said to be in the $900 million to $1 billion range. CJ, which gained a wider profile in Hollywood by backing…
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By Dade Hayes
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TPG Real Estate Acquires Cinespace Studios Chicago And Toronto In $1.1B Deal
TPG Real Estate Partners has acquired the studio campuses of Cinespace Studios in Chicago and Toronto — combined the second largest independent sound stage platform in North America — as the buying, selling and building of sound stages continues at a fast clip. It's the firm's second major deal in the space in as many…
Gotham Week Project Market Set For September With 135 Film & Audio Projects Looking For Development Push
The Gotham Film & Media Institute, formerly IFP, has slated the Gotham Week Project Market for September 19 to 24 in a virtual format.
The annual event, held for 43 years under different names, will this year feature 135 fiction and non-fiction features, series and audio projects. Each is looking to move a little more…
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By Dade Hayes
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Los Angeles Will No Longer Require Fully-Vaccinated Residents To Wear Masks Outdoors, Conforming To CDC Guidance – Updated
UPDATED with latest: The cascade continued Tuesday afternoon as Los Angles Public Health officials announced that they would update the county’s Covid-19 guidance to follow the new, looser CDC strictures released Tuesday morning. California officials also signaled the state would comply.
From the Public Health…
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By Tom Tapp
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Paramount Head Of Physical Production Lee Rosenthal To Exit, Capping 27-Year Run
EXCLUSIVE: Lee Rosenthal, who joined Paramount Pictures in 1994 and went on to head physical production for more than a decade, has set his exit from the studio.
A person familiar with the situation told Deadline that Rosenthal has just notified his colleagues that he will depart this month, capping a 27-year run…
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By Dade Hayes
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“Commercial Pyrotechnics” At Center Of Major Explosion That Extensively Injured 4 People, Rocked Santa Clarita – Update
UPDATED with latest: Sources have confirmed to Deadline that the explosion at a Santa Clarita commercial park late Tuesday afternoon involved commercial pyrotechnics.
There were 3 people reported rushed to the hospital yesterday. Deadline has confirmed that a fourth person was also injured. All are expected to make a…
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By Tom Tapp
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List Of TV Shows That Have Delayed Production Returns Due To Surge In Covid-19 Infections & Deaths
An unprecedented surge in coronavirus infections and deaths in Los Angeles County has prompted numerous TV shows to delay their return to production following the holiday hiatus.
The studios are responding to an appeal by the Los Angeles County Department of Public Health, which urged the film and TV industry to…
Entertainment Industry Workers Exempt From California Governor Gavin Newsom’s New Stay-At-Home Order
In light of an unprecedented rapid rise in COVID-19 cases across California, Gov. Gavin Newsom on Thursday announced a limited stay-at-home order. The order requires "generally that non-essential work, movement and gatherings stop between 10 PM and 5 AM in counties in the purple tier." That means basically every…
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By Tom Tapp
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NYC Film Commissioner Issues Industry Guidance As City Shutters COVID Red Zones; No Studios Affected So Far
As New York City television and film production is assessing the implication of new restrictions around recent clusters of COVID-19 hotspots, the Mayor’s Office of Media and Entertainment (MOME) issued guidance related to what Gov. Andrew Cuomo calls the state’s New Cluster Action Initiative.
“Our city is at a crucial…
Fox Non-Production Staff Will Work Remotely Through Year End As COVID Spike Postpones Return
Fox Corp.’s non-production employees will continue to work remotely at least through year end as COVID-19 cases spike and the company explores more flexible longer-term arrangments, said CEO Lachlan Murdoch.
“The rising rates of positive cases in areas where we have a significant presence coupled with evolving…
ViacomCBS CEO Says Keeping Offices Closed This Year Will Help “Critical” Task Of Getting Back Into Production
ViacomCBS CEO Bob Bakish said most employees won’t be returning to offices this year as the company rethinks its plans amid a COVID-19 resurgence and focuses on restarting production, which he called “critical.”
Production, he said in a memo to staff on Wednesday, “generally has to be done in person and is the…
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