More From Jill Goldsmith
Netflix Yanks Basic Ad-Free Plan, Nudging Users To Ad-Supported Tier
Netflix continues to tinker with its subscription plans, yanking its basic $9.99 ad-free offering. That leaves its new $6.99 advertising plan, its $15.49 ad-free plan and its $19.99 premium plan, according to the streamer's sign-in page.
The move could nudge users to the cheaper ad-supported plan and…
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Netflix To Kick Off Earnings Season Marked By Hollywood Labor Strife: What Will Media CEOs Say?
Netflix will be first out of the gate with quarterly earnings after market close today amid a level of Hollywood labor strife not seen since the 1960s. Writers and actors are protesting declines in pay and working conditions — an industry shift that many blame on the company whose name is synonymous with…
Story Arc:
SAG-AFTRA Strike
July 19, 2023
July 18, 2023
July 18, 2023
New Regency Closes $175 Million Loan From Carlyle, Refinancing And Upsizing Existing Facility
New Regency said today it’s closed a $175 million term loan from global investment firm Carlyle Group, providing new capital for the indie to scale up production. The loan is a refinancing and upsize of an existing Carlyle facility.
In 2020, the producer set a new five-and-a-half year, $125-million…
Moody’s Sees Eventual Guild Deals Costing Media Companies A Collective $450M-$600M A Year; Movie Theaters First At Risk From Strikes
Moody's Investors Service, which rates corporate creditworthiness, said it expects agreements with three Hollywood guilds collectively will cost big media companies it follows $450 million to $600 million more per year. That includes the recently ratified DGA deal and eventual settlements with the WGA and…
Story Arc:
SAG-AFTRA Strike
July 19, 2023
July 19, 2023
July 18, 2023
SAG Begins Granting Waivers To Indie Productions But Plenty Of Questions Remain, Not Least Whether Actors Will Show Up
EXCLUSIVE: As indie producers and financiers in Hollywood and beyond wait on tenterhooks for waivers from SAG-AFTRA — letting them continue with their projects despite the strike — some are starting to get a green-light.
One confirmation letter sent out in lieu of an actual waiver, which aren’t…
- Exclusive
- Business
Story Arc:
SAG-AFTRA Strike
July 19, 2023
July 19, 2023
July 18, 2023
‘Theater Camp’ Hits High Note With Searchlight’s Best Limited Opening Since ‘Jojo Rabbit’ – Specialty Box Office
Searchlight Pictures' Sundance-winning original comedy Theater Camp will take in an estimated $281,172 or $46.9k per theater at six locations opening weekend — the best limited opening for the distributor since Jojo Rabbit in the fall of 2019 ($349k in five locations). That’s after the A CinemaScore film…
Indie Distributors, Strike Jitters & Trying To Get SAG-AFTRA On The Phone: “I Think We Are All Quite Confused” – Specialty Preview
Expressing solidarity with Hollywood actors on Day 1 of the SAG-AFTRA strike, specialty distributors polled were anxiously juggling opening weekend Q&As and movie premieres without talent. They were trying to clarify which actors on what international productions are SAG-AFTRA, bound by the guild, or…
Story Arc:
SAG-AFTRA Strike
July 19, 2023
July 19, 2023
July 18, 2023
FTC Probing ChatGPT Over False Information That Could Harm Consumers As AI Takes Center Stage
The Federal Trade Commission is investigating OpenAI's ChatGPT over whether the artificial intelligence platform that's been dominating headlines can harm people by publishing false information about them. It’s the latest pushback against fast-moving, still-evolving AI technology that’s disrupting…
Atlanta-Based Southbox Entertainment Raising $80 Million Fund For Film & TV Production
EXCLUSIVE: Jon Gosier's Southbox Entertainment has secured a $25 million partnership with sister company FilmHedge and is raising another $55 million from private investors — for $80 million in fresh funds to greenlight film and TV projects.
The company has also expanded its management team with…
Richard E. Grant In ‘The Lesson’, Mark Duplass In ‘Biosphere’ & Their First-Time Female Directors – Specialty Preview
A sci-fi comedy by Mel Eslyn and a literary noir by Alice Troughton – who are, respectively, the longtime producer for the Duplass brothers and an award-winning UK television director (Doctor Who, Cucumber, The Living and the Dead) — debut in limited release this weekend, alongside Adele Lim's Joy Ride, a…
Permits For New York City Film & TV Production Continued To Fall In June Amid Labor Uncertainty
The number of filming permits issued by New York City declined in June from previous months and fell sharply from a year ago amid a WGA strike and continued uncertainty over the status of SAG-AFTRA. The actors' contract with the Alliance of Motion Picture and Television Producers expired June 30 with no…
Cinepolis Chief Eduardo Acuna Sounded Out For Cineworld CEO Job As Theater Chain Set To Emerge From Chapter 11 – Report
As Regal parent Cineworld prepares to exit Chapter 11 this month, rumors are heating up over who will emerge as the giant theater chain’s new chief executive, with reports Monday pointing to Eduardo Acuna of Cinepolis.
Longtime Cineworld CEO Mooky Greidinger has a consulting contract during a…
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