The all-new Hollywood Reporter offers unprecedented access to the people, studios, networks and agencies that create the magic in Hollywood. Published weekly, the oversized format includes exceptional photography and rich features.
Taylor Sheridan The Yellowstone creator’s season five premiere nabbed 12.1 million live-plus-same-day linear viewers, the biggest scripted show bow of 2022. Ed Sheeran While Beyoncé and Kendrick Lamar led Grammy nominations with nine and eight, respectively, Sheeran walked away empty-handed for his fifth album, titled =. Jeanette Moreno King In a show of support for the union’s aggressive organizing effort aimed at expanding its member ranks, King was reelected president of the Animation Guild. Jonah Peretti The BuzzFeed CEO sees user engagement drop across the company’s sites by 32 percent during the third quarter as ad revenue stayed flat compared to the previous year. Showbiz Stocks $74.27 (+3.7%) LIVE NATION (LYV) The Ticketmaster owner faced criticism over its handling of ticket sales for Taylor Swift’s new tour, but its lucrative…
The afternoon email hit some inside CNN like a ton of bricks. The cable news channel, now under Warner Bros. Discovery (its second owner in just a few years) was going to face budget cuts and layoffs. “There is widespread concern over the global economic outlook, and we must factor that risk into our long-term planning,” CNN CEO Chris Licht wrote in a late-October memo. At a network town hall on Nov. 15, Licht confirmed to moderator Alisyn Camerota that layoffs will hit the division in December. Those cuts are part of an industrywide pivot, as media giants prepare for a difficult winter, seeking to reduce costs however they can. And news divisions will not be spared. At Disney, CEO Bob Chapek sent a memo to division leaders Nov. 11…
After opening in two theaters in December 2017, Guillermo del Toro’s Searchlight drama The Shape of Water never played in more than 1,000 locations until its ninth weekend, after picking up 13 Academy Award nominations. Searchlight, like other specialty and indie distributors, has for decades relied on what’s known as a platform release to nurture art house titles. Now, the traditional platform model is an endangered species after consumer behavior changed in the pandemic era — particularly among older moviegoers — and two high-profile cinemas catering to indie fare closed in Los Angeles: the ArcLight Hollywood and the Landmark on the Westside. This year’s Oscar contenders are expanding more quickly because limited runs aren’t producing the sorts of grosses they previously did. But if a movie doesn’t capture a broad…
When the Newhouse family tapped veteran media executive Roger Lynch in 2019 to lead the crown jewel of their holdings, Condé Nast, he inherited a company of fiefdoms. Its magazines, infamously, competed with one another for advertisers and cover stars, while Condé’s international business was its own silo. Now three and a half years into the job, Lynch has tried to unify the company into one organization and has shifted investment toward digital and video, turning a storied magazine-company brand into a leading multiplatform player. I know video has been a top priority. You hired Agnes Chu from Disney to lead Condé Nast Entertainment. How are you thinking about investing in that space? You start with the pretty insatiable demand for high-quality content coming from streaming services. But the emphasis…
Seema Kumar, formerly vp advertising tech at WarnerMedia, joins Audacy as senior vp ad platforms days after the publicly traded audio giant missed quarterly revenue expectations, citing ad “headwinds.” Google is allowing Spotify Android users to select whether to use Spotify or Google Play to process subscription payments, allowing Spotify to keep a larger cut of sub revenue. Your move, Apple. Sounds Like a Cult, the podcast from Isa Medina and Amanda Montell, is getting a new home with Exactly Right Media, the network created by hosts Karen Kilgariff and Georgia Hardstark.…
BEST PICTURE Babylon Damien Chazelle’s three-hour epic for Paramount, one of the last big awards hopefuls that had not yet screened, was unveiled at the Academy’s Samuel Goldwyn Theater on Nov. 14, with Margot Robbie and Brad Pitt in tow. It proved to be highly polarizing. Glass Onion: A Knives Out Mystery The sequel had a Nov. 14 L.A. premiere at the Academy Museum, starting a week of screenings with star-studded Q&As. On Nov. 23, it’ll be Netflix’s first film to play in AMC, Regal or Cinemark theaters before hitting the streaming service Dec. 23. BEST DOCUMENTARY FEATURE Fire of Love On Nov. 10, the Sara Dosa doc tied with The Territory for most Cinema Eye noms. The next day, it outpaced all other films in the IDA Awards noms and…
