Top News:
Katie Kilkenny / The Hollywood Reporter:
SAG-AFTRA announces a tentative agreement for a contract, ending the strike at 12:01AM PT November 9; the deal will go to the union national board for approval — The work stoppage will end 12:01 a.m. on Thursday. … The SAG-AFTRA TV/Theatrical Committee approved the agreement in a unanimous vote on Wednesday, SAG-AFTRA announced.
Discussion:
Variety, Los Angeles Times, MediaPost, Graphic Policy, GIANT FREAKIN ROBOT, @axios, The Guardian, Semafor, ABC7, @sarafischer, @jonny@neuromatch.social, Hugo Guerra on LinkedIn, @Wolven@ourislandgeorgia.net, Joel D. Catalan on LinkedIn, @lucas3d@mastodon.social, Bleeding Cool News, Newser, NBC 7 San Diego, Forbes, Wired, Los Angeles Times, Vanity Fair, Next TV, Hollywood Life, SlashFilm, E! Online, The Wrap, KGET 17, @mwl@io.mwl.io, The Information, Jeff Rosica on LinkedIn, New York Daily News, TMZ.com, @dbattistella@mstdn.ca, @JoParkerBear@universeodon.com, Bloomberg, @beep@follow.ethanmarcotte.com, Us Weekly, The Desk, The Verge, KARK, @rhymeswithibiza.bsky.social, @ohrobin.bsky.social, TV Insider, @rhymeswithibiza.bsky.social, @noondlyt@mastodon.social, The A.V. Club, Deadline, Rolling Stone, Deadline, TVLine, @KimPerales@toad.social, The Wrap, Billboard, ComingSoon.net and The Daily Beast
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Nicole Sperling / New York Times:
A look at the process of restarting productions now that both Hollywood strikes are over; sources: starting back up will add $500K-$4M to a budget — With the industry hustling to make up for months of lost work, juggling production schedules and the availability of actors and crew members will be complicated.
Discussion:
The Hollywood Reporter and Fans for the WGA
Brooks Barnes / New York Times:
As the strikes come to an end, Hollywood's mood is decidedly mixed, as celebratory feelings compete with resentment over stoppages and worries about the future — Celebratory feelings are competing with resentment over the work stoppage and worries about the business era that is coming.
Discussion:
@barrywaldo, Associated Press, Financial Times, NPR and RTÉ
Will Sommer / Washington Post:
Hearst Magazines' new social media policy warns sharing or liking “controversial” posts could get staff fired; the editorial union has filed an NLRB complaint — Even ‘liking’ certain posts may cause a problem, according to publishing giant's new social media policy imposed …
Discussion:
The Messenger, @amiethesquirrel, @papapishu, @tulikabose_, @dceiver, @saratoussaint, @chair_borne, @crushjansen, @ngongang, @tylercoates, @davidkaib, @natashalennard, @jasoncolavito, @debkrol, @jorcru, @clarajeffery, @seywarddarby, @jonathan_miller, @anaisisreading, @ikemoses, @neclovian, @willsommer, @amsoufi_, @wjk1971, @daisandconfused, @aleggra.bsky.social, @crypttrash.bsky.social, @deltajulietmike.bsky.social, @juno.bsky.social, @randimason.bsky.social, The Wrap and @blogdiva@mastodon.social
Sarah Whitten / CNBC:
Disney reports Q4 revenue up 5% YoY to $21.24B vs. $21.33B expected, net income of $264M, and 7M new core Disney+ subs, with total of 150.2M including Hotstar — - Disney reported quarterly earnings after the closing bell. — Profit topped expectations, but revenue came up short.
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Manish Singh / TechCrunch:
Bob Iger says Disney “would like to stay” in India; Hotstar is struggling with churn, losing ~23M subscribers over the past year, including 2.8M in its Q4 2023
Discussion:
NBC 7 San Diego, @florian4gamers and The Walt Disney Company
Samantha Delouya / CNN:
Disney raises its cost savings goal from $5.5B to $7.5B; Bob Iger suggests cuts will come primarily from linear TV and predicts streaming profits by Q4 2024
Discussion:
Insider, Fast Company, Forbes, @sarafischer, New York Post and The Hollywood Reporter
The Daily Beast:
Memo: G/O Media shuts down Jezebel after failing to find a buyer, affecting 23 people; G/O Media editorial director Merrill Brown left after joining in January — The media company has faced months of turmoil. — Jezebel was indefinitely suspended on Thursday as major layoffs hit G/O Media, The Daily Beast has learned.
Discussion:
@willsommer, Adweek, The Wrap, @jesseraub.bsky.social, @sarafischer, @jillkrajewski.bsky.social, @alannavagianos, @alexandraheminsley …, @pogue.omg.lol, @hamiltonnolan, @annamerlan, @sarafischer, @xoxogossipgita, @bfishbfish, @discourse_blog, @davekarpf.bsky.social, @mollytaft.bsky.social, The Messenger, New York Daily News and Boing Boing
Nick Gallagher / The Messenger:
CNN and the AP fire a Gaza-based photojournalist after a pro-Israel watchdog's report cast suspicion on four journalists' presence as the October 7 attack began — Western media outlets cut ties with Gaza-based Hassan Eslaiah, who is accused of following Hamas terrorists into Kibbutz Kfar Aza, where dozens of Israelis were slaughtered
Discussion:
Honest Reporting, Reuters, Mediaite, AP Definitive Source, New York Post, @dylanbyers, The Daily Beast, PetaPixel and The Times of Israel
Peter White / Deadline:
In a memo, Vice Media's co-CEOs say the company will be undergoing a restructuring; sources say less than 100 people will lose their jobs — - SAG-AFTRA Lauds New Deal, Valuing It At Over $1B With “Unprecedented” Provisions & “Extraordinary Scope” — Vice Media Group is beginning …
Discussion:
Variety, The Wrap and @maxwelltani
Saritha Rai / Bloomberg:
DreamWorks co-founder Jeffrey Katzenberg says AI will cut the cost of animated movies by 90% in three years, ending the “good old days” of needing 500 artists — - DreamWorks co-founder spoke at Bloomberg New Economy panel — Expects digital transformation of entertainment to accelerate
Discussion:
IndieWire, The Wrap and 24/7 Wall St.
Washington Post:
The Washington Post takes down an editorial cartoon depicting a Hamas leader using civilians as human shields after it was criticized as racist and dehumanizing — The Washington Post took down an editorial cartoon Wednesday that depicted a Hamas leader using civilians as human shields …
Discussion:
Discourse Blog, Newser, @remroum, @kevinrkosar, @matnashed, @khalilejahshan, @remroum, @deadder, @miakhalifa, @saraalfageeh, @postopinions, @deadder, @deadder, @postopinions, Washington Post, The Daily Beast and Al Jazeera
Wes Davis / The Verge:
YouTube plans to roll out a personalized For You section for creators' channels on November 20 “that recommends a mix of content from your channel to viewers” — YouTube is debuting a new For You section for creators' channels, personalized to whoever opens the page.
Discussion:
9to5Google, Engadget and TechCrunch, more at Techmeme »
Omar Younis / Reuters:
Netflix plans to reopen the historic Egyptian Theatre this week after a $70M restoration, preserving its design while adding new sound and projection equipment — The Egyptian Theatre, a historic movie house that hosted Hollywood's first film premiere a century ago, will re-open to the public …
Nancy Tartaglione / Deadline:
Sony Pictures reports Q2 revenue up 13.4% YoY to $2.77B and profit up 1% YoY to $204M, weighed down by lower TV and streaming licensing revenue — - ‘The Marvels’ With $140M Global Opening, Not Expected To Be Marvelous At Weekend Box Office - Preview — 'Five Nights At Freddy's' Tops $200M WW …
Discussion:
Media Play News, Variety and The Wrap, more at Techmeme »
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