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Latest Business News

Ari Emanuel Praises “Great Thinker” Bob Iger, Talks State Of Movie Biz At Confab

"I think he is one of the great thinkers in the business, and we'll see what happens with Fox," said Endeavor CEO Ari Emanuel today of Disney boss Bob Iger. "He was right on Pixar, on Marvel and Star Wars," the Endeavor CEO added. "His strategy now of over the top is the right strategy for his content." Praising one of the few people in the business he clearly views as an equal, the uber-agency boss was the headlining act at the VenuesNow conference in Beverly Hills on… Read

Wall Street Betting On Comcast To Counter Disney’s Offer For Fox

21st Century Fox

Media analysts anticipate cable giant Comcast to respond to the Walt Disney Co.’s sweetened offer for much of 21st Century Fox, as the bidding war escalates for the valuable collection of media properties that mogul Rupert Murdoch built. Disney raised its offer to $71.3 billion in cash and stock, a 36% increase over its original $52.4 billion bid and a 9% premium over Comcast’s competing all-cash bid of $65 billion. The announcement came as a surprise to some, who… Read

WarnerMedia’s New No-Nonsense Logo Projects “Extremely Utilitarian” Image, Expert Says


WarnerMedia’s new minimalist logo won’t likely join the pantheon of Hollywood design, alongside, say, the 20th Century Fox’s searchlight or The Walt Disney Co.’s iconic mouse. “That’s obviously the intention,” said San Francisco-based type designer James Edmondson. “To go with something extremely utilitarian.” AT&T discarded the Time Warner name and logo last week, upon completing its $85 billion acquisition of the venerable film and television studio. The… Read

UTA And Cadence13 Launch Ramble Podcast Network For Digital Stars

Ramble Logo

UTA is teaming with podcast and media company Cadence13 to launch Ramble, a podcast network that will feature digital stars including Rhett and Link, Hannah Hart and Flula Borg. The new network will feature a team of producers that will work alongside talent to create audio-focused content, with the plan to extend their brands beyond podcasting to social media, events and merchandise. The Hollywood agency already has a dedicated podcast division repping networks including… Read

‘Westworld’ Actor Jonathan Tucker To Donate Earnings From Fox Projects

Jonathan Tucker is the latest to speak out and protest against Fox News amidst Trump’s “fake news” narrative and in the wake of Laura Ingraham comparing the children detention centers along the Mexican border to summer camps as well as Tucker Carlson saying that viewers should discount any other media besides Fox News. The Westworld star took to Twitter Tuesday night and posted an uplifting quote Ronald Reagan made in his farewell address about American immigrants with… Read

CWA Leads Guilds’ FCC Petition Seeking To Block Sinclair-Tribune Merger

The Communications Workers of America and two of its major union affiliates have petitioned the FCC to block the long-gestating Sinclair-Tribune merger. The petition by the CWA, National Association of Broadcast Employees and Technicians and the NewsGuild-CWA (read it HERE), says that the merger does not serve the public interest. “It would violate the congressionally mandated 39% national audience cap, reduce competition, harm localism, eliminate jobs, and diminish… Read

New York State Legislature OKs Ticket Resale Disclosures Favored By Broadway League

UPDATED with statement from StubHub: The New York State Legislature today passed legislation and adopted consumer disclosures in the ticket resale market that requires ticket broker sites to, among other things, disclose all fees and surcharges prior to accepting payment. The legislation was hailed today by the Broadway League, the national trade association for the Broadway industry. "A lack of oversight has led to a confusing and opaque ticket buying environment where… Read

Gallup Poll: 62% Of Americans Believe News Is Biased & 44% Say It’s Inaccurate

Two new Gallup polls have found that wide swaths of the American population believe that the media is biased, inaccurate and full of misinformation – just as President Donald Trump says. One poll found that 62% of U.S. adults believe that the news they see in newspapers, on television or hear on the radio is biased and that 44% say it’s inaccurate. An accompanying poll found that 39% of Americans believe that the news they see on television, read in newspapers or hear on… Read

‘Power’ Star Omari Hardwick Inks With WME

Omari Hardwick WME

EXCLUSIVE: Omari Hardwick, who stars as Ghost on Starz’s hit original series Power, has signed with WME. The move comes at a busy time for the actor, and ahead of the November release of Nobody’s Fool, Paramount’s Tyler Perry pic in which Hardwick co-star stars alongside Tiffany Haddish and Tika Sumpter. Immediately on the horizon, he is set to star in his one-man show HerO: A Work in Progress with Omari Hardwick on June 29 at the Billie Holiday Theater at RestorationArt… Read

Universal Opens New Hong Kong Office, Sets Anita Cheung Woon-Man As GM

Universal Pictures has opened a new Hong Kong office, appointing former Fox exec Anita Cheung Woon-Man as General Manager and effectively ending its arrangement with Bill Kong’s Edko Films, which had marketed and distributed Uni titles in the market. Cheung will oversee sales and marketing and provide local leadership to all functions in Hong Kong to build an integrated and cohesive team operation. The announcement was made by Jo Yan, Managing Director and EVP, China… Read

The Takeaway From Today’s Warner Bros-John Stankey-Kevin Tsujihara Town Hall Meeting

Warner Bros John Stankey

According to several who heard the pitch, today’s town hall meeting at Warner Bros gave a hopeful glimpse of the synergy between Warner Bros and AT&T and it was not lost on everybody there how different this was from when Disney explained how it would integrate pieces of Fox. WarnerMedia CEO John Stankey started by giving staff the answer they most needed to hear. Basically, he said that AT&T does nothing that Warner Bros does, so why would they have consummated this… Read

Warner Bros Rolls Out Red Carpet For New Boss, Taps Bugs Bunny For A Cameo

John Stankey AT&T

WarnerMedia CEO John Stankey took his keep calm and carry on message to the Warner Bros studio lot this morning, in the latest stop in a weeklong series of town hall meetings. Stankey was joined onstage by Warner Bros studio head Kevin Tsujihara and communications chief Dee Dee Myers, with the new WarnerMedia logo providing a backdrop. The studio kicked off the session with a sizzle reel narrated by The Big Bang Theory’s Kunal Nayyar showcasing movie, television… Read