According to sources, the new round of layoffs will be made across multiple divisions, including TV networks and the motion picture studio, at varying amounts. - Deadline
Gov. Gavin Newsom on Monday called for a significant expansion of the state’s film and TV tax incentives in the face of mounting evidence that producers are fleeing California in search of cheaper locales. - Los Angeles Times
“We've measured this incredibly carefully,’ Ellison said during a media event last month. ‘We absolutely have the ability to manage the debt and de-lever while investing for growth.’ But Skydance's merger math doesn't entirely check out for Wall Street.” - TheWrap (MSN)
"Ireland increasingly has become a destination for American movies, television series and the once-quintessentially L.A. creation: the game show." - Los Angeles Times
What do they do with it, though, when they get it? Well: "keep the lights on, ... pay bills, pay down debt, make payroll, or as a buffer when something went wrong." - Nieman Lab
This used to be the frontrunner for A24 (before You Can See Everything): "Though The Invite wasn’t a huge blockbuster, one thing its fans keep mentioning is that it was, in its own way, a movie where the theatrical experience was paramount." - Vulture
"Let’s spare a thought for those sad lost souls who couldn’t achieve their dreams of becoming artists, and thus became critics. The same people who also hated Jojo Rabbit. Irrelevant. Out of touch. Obsolete. In the bin." - Variety
“The film, the sci-fi thriller Sanxingdui: Future Past, was released last week and only grossed an estimated $198,000. … With 10,000-plus opening-day screenings, Future Past marks the first longform AI film to get a true wide release with reported box office numbers in a major territory.” - The Hollywood Reporter
YouTube ad revenue grew 9% in the third quarter to hit $11.2 billion, but parent Alphabet‘s stock dropped after overall financials undershot Wall Street expectations. - Deadline
Simon Stephenson claims that, for The Holdovers — which received five Oscar nominations in 2024, with a win for supporting actress Da'Vine Joy Randolph — director Payne and screenwriter David Hemingson stole plot points, characters and structure from Stephenson’s screenplay Frisco, which he had shopped to Payne in 2013 and 2019. - The Hollywood Reporter
Addison Duffy, an agent at United Talent Agency who helped negotiate the “Understudy” contract, said that short stories are a form “that almost every single agent in our group is selling in a big way.” Their bite-size format appeals to busy studio executives facing mountains of scripts. - The New York Times
“Since 2020, the (Science of Scare Project) has evaluated horror movies’ physiological effects on viewers by monitoring their heart rate and heart rate variability … as they watch a curated selection of English-language horror films considered among the most frightening.” And the winner is … ? - HuffPost
