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Nov 10, 2023 · With the end of two industry-shaking strikes, Hollywood’s biggest companies are hopeful for their financial futures. Boardroom breaks down the recent Hollywood earnings reports. Amid a bustling earnings season, key players in the entertainment industry released their quarterly results this week.
Aug 27, 2024 · That has left Hollywood companies in dire financial straits. “For the first time in most Americans’ lives (the median age in the U.S. is 38.5), media companies have been forced to reckon with ...
Dec 27, 2023 · The big question is what the "new normal" is. Disney expects to spend $25 billion on content in 2024, down from $27 billion in the strike-impacted 2023. But with sports costs expected to be flat ...
- Alex Weprin
- Belva Anakwenze. Abacus Financial. “The strikes have taught our clients significantly more than the COVID-19 pandemic,” Anakwenze — whose clients include Insecure’s Jay Ellis and Entertainment Tonight’s Kevin Frazier — says of the past five months, explaining that back then, “the government provided large safety nets to bolster businesses and keep individuals flush with cash.”
- Howard Krant & David Levin. Adeptus Partners. Adeptus, which folded four business management entertainment firms into its ranks in the past year, represents clients across music, film, theater, sports and more, including John Legend, Chrissy Teigen, Edie Falco and Hailey Bieber.
- David Altman, Anthony Bonsignore, Tom Carr & Frank Selvaggi. Altman Greenfield & Selvaggi. The boutique firm is bicoastal, but its clients are global stars and hitmakers: from Barbie writer-director Greta Gerwig and partner and co-writer Noah Baumbach to the likes of Donald Glover, Sarah Jessica Parker, Steve Martin and Anne Hathaway.
- Babette Campbell, Catherine Catherine, Craig Manzino & Marc Rosen. Armanino. Rosen observes that the strike has imparted some of his clients with an invaluable lesson that may save them from future anxiety: Savings must be the top priority.
Nov 2, 2024 · Here’s what comes next. Bateman argues, ‘The emotional and financial scaffolding necessary to support that film business is gone. In its place, we have something of a conveyor belt, churning ...
Jan 9, 2024 · Listen. 4:40. This article is part of the January 15, 2024 issue of businessweek. The strikes that shut down Hollywood studios for most of last year didn’t recalibrate the entertainment industry ...
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Jan 4, 2023 · This comes after the largest US media companies — Disney, Warner Bros Discovery, Paramount and NBCUniversal — collectively lost more than $10bn in operating income in 2022 because of their ...
