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:
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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 as Hotstar struggles to avoid churn; Hotstar lost ~23M subscribers in the past year including 2.8M in 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
Todd Spangler / Variety:
Disney CEO Bob Iger says a beta test of an app combining Disney+ and Hulu will launch in December 2023 and an official launch will follow in spring 2024
Discussion:
MediaPost, The Wrap, IndieWire, Collider, GIANT FREAKIN ROBOT, Music Ally, Broadband TV News, 9to5Google, Adweek, AdExchanger, Wired, SlashFilm, Axios, Screen Rant, Bleeding Cool News, The Verge, The Streamable, Disney Dining, The Wrap, Los Angeles Times, The Hollywood Reporter, ComingSoon.net, CNN, Android Police and Puck, more at Techmeme »
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, Mediaite, AP Definitive Source, New York Post, @dylanbyers, The Daily Beast, PetaPixel and The Times of Israel
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, 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 and Boing Boing
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
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 …
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, TechCrunch and Engadget, more at Techmeme »
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:
24/7 Wall St.
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 …
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