Latest Business News
Who Will Buy Wasserman? Allies Weigh Options as Rivals Have Knives Out
The power manager is allegedly blaming Ari Emanuel and other rivals for fueling the outrage over his Ghislaine Maxwell emails and inducing a surprise sale. But who will jump in now?
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Providence Equity in Support of Wasserman Agency Sale: “We Remain Fully Committed”
"We believe deeply in the strength of the Company and have full confidence in Mike and the leadership team," a spokesperson for the private equity firm said amid news that Casey Wasserman is putting the company up for sale.
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New AI Video Generator Sparks Major Hollywood Backlash
TikTok's owner is behind the model Seedance 2.0, which is being greeted akin to OpenAI's Sora 2 in the industry, with major studios as well as SAG-AFTRA signaling alarm over its infringement potential.
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Paramount Hires Former Trump Lawyer to Head Global Public Policy
Rene Augustine has also served on committees at the Kennedy Center, including as a Trump appointee to the President’s Advisory Committee on the Arts.
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‘Chicago Med’ Production Assistants Vote to Unionize
The vote follows the unionization of crew members on fellow Windy City production 'Chicago Fire’ last year.
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Will Wasserman Let Music Agents Go to Save His Powerhouse Sports Firm?
While the LA28 Olympics board gave the mogul its vote of confidence, some of his own agents are still advising artists to post about the company founder — it's unclear whether there is a music and sports split among clients.
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Former Disney CEO Michael Eisner Says He Regrets Miramax Acquisition Due to Weinstein’s Behavior
Eisner also theorized about succession for Disney, saying it's better to appoint CEOs from the inside.
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Universal Music Gets EU Approval for Downtown Deal After Agreeing to Sell Royalty Services Arm
The acquisition has been criticized by independent music players and their industry organizations.
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‘John Wick’ Video Game in the Works
Developer Saber is backing the adaptation of the Lionsgate property.
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Ray Romano Signs with WME (Exclusive)
The actor will next star in season 2 of Netflix’s 'Running Point' alongside Kate Hudson.
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Susan Grode, Hollywood Power Lawyer, Dies at 86
The mother of Legendary Entertainment CEO Josh Grode was an advocate for artist rights as she helped define early contractual protections considered standard today.
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San Francisco Bumps Film and TV Tax Credit
Productions that film in the area are now eligible for a 20 percent rebate on spending above $1 million, as well as up to $1 million in savings on city fees.
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AMC Networks Posts Lower U.S. Ad Revenue, Streaming Subs Flat at 10.4 Million
The company, led by CEO Kristin Dolan, saw overall revenues fall 1 percent to $595 million as it looks to streaming subscription revenue growth to drive a pivot away from a legacy linear TV business.
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L.A. Olympics Board Backs Casey Wasserman Amid Epstein Files Fallout
The committee enlisted an outside law firm to review the mogul's interactions with Ghislaine Maxwell.
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Why Jeff Bezos’ Bushes Has Beverly Hills Going Berserk
Rambling Reporter investigates the mystery of the Amazon founder’s shaggy shrubberies, which flagrantly flout city ordinances.
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Wasserman Exits Extend Beyond Music as Soccer Star Abby Wambach Departs: “Casey Should Resign”
"I know what I know, and I am following my gut and my values," Wambach said. "I will not participate in any business arrangement under his leadership."
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