Renowned as much for its taste as for its marketing acumen, the 13-year-old studio has developed a cult following not just for its films and shows but for the A24 brand itself. It was valued two years ago at $3.5 billion, more than 10 times the valuation of its closest indie rival, Neon. - The Hollywood Reporter
If you are a lower or mid-level television writer right now, you are not failing. You are navigating a market that has structurally reduced the number of positions available to you. That is not a referendum on your talent; it is a reality of the business. - New Story
“Salinas would give Eckardt the target budget number for his company’s bid and ‘effectively guarantee that Unbreakable would be awarded the work,’ the lawsuit states.” And when the plaintiff stopped paying, he says, the work dried up. - Los Angeles Times (MSN)
“This year, Hollywood studios are mostly on the sidelines. But for more than 78 years, Cannes has been an unparalleled showcase, and sun-dappled circus, for some of the best in cinema.” - Seattle Times (AP)
“This is the cigarette story in reverse. Smoking rates did not plummet in the United States and other nations because of taxes alone. They plummeted because the social meaning of smoking flipped.” - The New York Times
Gawker, which shut down 10 years ago this August, was guilty of lapses in judgment — former staffers interviewed for this story admit as much. It could be withering, puerile and gratuitously nasty. But, at its best, it rebelled against media piety and the growing, often indiscriminate power of the digital world. - The Hollywood Reporter
“The hip current events platform targeted at Millennials, which sought to be ‘The Economist for young people’ during the decade (2014-2023), is now being resuscitated by company founder Shane Smith, both as a social-platform-first outlet for his podcast and news reports and as a brand partnership vehicle.” - The Hollywood Reporter
The New York-based media company released its first-quarter earnings report Wednesday, which included a $2.9-billion loss. That amount includes $1.3 billion in restructuring expenses, including updated valuations for Warner's declining linear cable television networks. - Los Angeles Times (Yahoo)
“Since taking power in 2010, Orbán and his Fidesz party reshaped the country’s media to promote themselves and demonise their opponents, sending press freedom rankings plunging and leaving swathes of the country living in an alternative reality.” Soon after last month’s election, Magyar vowed to suspend and reform state media he compared to North Korea’s. - The Guardian
“Everything you’re watching on the feeds could, potentially, be an ad programmed to make someone a Discourse Topic and/or Zeitgeist Definer, made famous thanks to paid spammers instead of organic attention. The effect is to make one wonder whether anything on social media is ‘real,’ even if it isn’t A.I.” - Slate
With ads like these, it begs the question, is programmatic advertising legal for public radio? “FCC regulations only apply to broadcast,” Henry says. “The only caveat is, if you are wildly successful selling a ton of programmatic advertising, be careful not to do too much commercial business that could risk your IRS tax-exempt status. - Inside Radio
Right-wing lawmakers have issued a report following a five-month inquiry into the “neutrality, workings and financing” of French public broadcasting. The paper’s recommendations include reducing the overall public broadcasting budget by 25%, merging several major channels, and reducing the sports budget by 33% and the entertainment budget by 75%. - The Guardian
