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The Hollywood Reporter

The Hollywood Reporter Wednesday, January 8, 2020

The all-new Hollywood Reporter offers unprecedented access to the people, studios, networks and agencies that create the magic in Hollywood. Published weekly, the oversized format includes exceptional photography and rich features.

Country:
United States
Language:
English
Publisher:
MRC Media, LLC
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48 Issues

In this issue

1 min.
heat index

Jim Meyer The SiriusXM CEO grows the satellite radio service to 34.9 million paid subscribers at the end of 2019, a new high. Simon Cowell As NBC reviews the culture of the flagship America’s Got Talent series, the creator’s spinoff The Champions’ Jan. 6 premiere slumps, off 28 percent in the 18-49 demo. Carolyn Cassidy With 20th Century Fox TV head of business operations Howard Kurtzman retiring, the executive now becomes the studio’s lone president, the first time that’s happened in years. David Goodman The Writers Guild of America West leader’s attempt to escape antitrust claims brought by major agencies is denied Jan. 7 by a judge. Showbiz Stocks $330.75 (+2.2%) NETFLIX (NFLX) Wall Street bets subscriber growth for Disney+ won’t displace the streaming leader as competition in the space heats up. $8.26 (-2.6%) TIVO CORP. (TIVO) Investors are digesting the all-stock…

5 min.
mgm’s long-game shake-up: leverage james bond for billions

On March 1, veteran producer Michael De Luca will take the reins of MGM’s motion picture group as the studio attempts to define its future at a time when mid-budget films have largely fallen by the wayside and merger mania reigns in Hollywood. For the past two years, MGM has been the subject of acquisition rumors thanks to a rich library that includes the James Bond films, Tomb Raider and Legally Blonde. (The Bond films alone would be enough to attract the interest of major studios.) MGM stakeholders believe the company could command up to $10 billion, but it appears that leadership hopes to burnish the asset before undertaking a sale. In the era of media giants locked in streaming wars, MGM stands on its own, highly leveraged and facing an evolving…

1 min.
studios ‘shift’ toward hiring more female directors

After halting progress, Hollywood enlisted more female directors in 2019 as representation rose past 10.6 percent overall for the year — still paltry but a 13-year high, a Jan. 2 report from the USC Annenberg Inclusion Initiative found. Universal led the way, with seven women helming films distributed by the studio or its subsidiaries. During the past 13 years, only 4.8 percent of 1,300 top-grossing films were directed by women. The study’s authors, led by Inclusion Initiative founder Stacy L. Smith, noted that the uptick signals “that hiring practices have started to shift behind the camera.”…

2 min.
$9 billion lost over password-sharing ‘havoc’

On Dec. 9, Charter Communications CEO Tom Rutledge took aim at the “content companies” entering the direct-to-consumer streaming business. The cable executive told a roomful of investment bankers in Manhattan that these new streamers are “creating havoc in the ecosystem.” Rutledge wasn’t talking about the proliferation of content or the fight to secure exclusive deals with talent. He was targeting the lax security and rampant password sharing that’s prevalent across the streaming landscape. “Half the people in the country live in houses with two or less people in them, and yet these services have five streams,” Rutledge added. “There are more streams available than there are homes to use them.” Password sharing has serious economic consequences. In 2019, companies lost about $9.1 billion to password piracy and sharing, and that will rise…

1 min.
hollywood rallies for tv’s ‘filmmaker mode’

After becoming a rallying cry for top Hollywood directors, a “Filmmaker Mode” setting on a range of 2020 TV models from most major set makers will be introduced this spring. On Jan. 6 at CES in Las Vegas, Samsung, Philips/TP Vision and Kaleidescape joined the effort and will offer Filmmaker Mode-enabled products this year. Additionally, LG, Panasonic and Vizio — the trio of set makers that committed to the mode this past summer — revealed plans for supported 2020 TV models. LG confirmed that it will include the mode in all of its new 4K and 8K TVs that will be unwrapped in 2020. The initiative arose in the production community over concerns that — despite the many settings available on consumer TVs — the filmmakers’ artistic intent is not always what…

3 min.
china: ‘a rapidly slowing market’

Hollywood box office growth in China officially flatlined in 2019 — and there is little reason to believe that conditions in the world’s No. 2 theatrical territory will improve anytime soon, analysts caution. Total ticket sales at Chinese cinemas climbed to $9.2 billion (RMB 64.3 billion) in 2019, up 5.4 percent from 2018. That’s a far cry from the galloping double-digit growth that characterized most of the past decade, but it’s still a respectable uptick for a market of China’s scale. But revenue from U.S. studio films released through the country’s quota system fell 2.7 percent, to $2.6 billion, as data from box office consultancy Artisan Gateway shows. Just two American films made it onto China’s year-end top 10 list — Avengers: Endgame ($614 million) and Fast & Furious Presents: Hobbs…