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category_outlined / Celebrity & Gossip
The Hollywood ReporterThe Hollywood Reporter

The Hollywood Reporter Wednesday, February 6, 2019

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.

Land:
United States
Sprog:
English
Udgiver:
Prometheus Global Media
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heat index

Evan SpiegelDespite flat user growth, the Snapchat CEO reels in nearly $390 million in quarterly revenue for the platform, up 36 percent year-over-year.Russell AronsThe Machinima general manager presides over mass layoffs and the shuttering of a video network once worth around $100 million as the brand discontinues its YouTube channels.Bob ChapekThe Walt Disney parks chair helps grow his division’s quarterly sales 5 percent to $6.8 billion as anticipation builds for the launch of the Star Wars: Galaxy’s Edge attraction this summer.Liam NeesonThe actor derails a press tour for his latest thriller Cold Pursuit in an interview describing a decades-old story about seeking to pick a fight with black men out of a sense of revenge.Showbiz Stocks$169.25 (+15%)FACEBOOK (FB)Despite controversies involving politics and security, the social network posts impressive quarterly financial…

access_time5 min.
digital media’s crash: will hollywood buy in — or cash out?

The digital media industry is in disarray. Or is it? In the wake of new rounds of cost-cutting at three of the companies most identified with online publishing and experimentation, BuzzFeed, HuffPost and Vice, alarm bells are being sounded about the state of the business. Major Hollywood conglomerates have bet hundreds of millions of dollars on the potential of companies like BuzzFeed and Vox Media, banking on veteran executives like Jonah Peretti and Jim Bankoff to turn digital laboratories into sound businesses.With their investments now looking shakier, industry watchers are questioning whether companies like NBCUniversal, Disney, 21st Century Fox and Discovery could seek to cut their losses and get out from under their stakes. (Disney already wrote down the value of its $400 million investment in Vice by $157 million…

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a worrying sign for an at&t streaming bet: ‘nobody expected this’

Comcast, Charter and Verizon quarterly subscriber figures are coming in slightly better than Wall Street had expected. But in an ominous sign for AT&T’s push to become an entertainment powerhouse — it spent $85 billion to acquire TimeWarner in 2018, after all — satellite television provider DirecTV has come up short, with even its supposedly high-growth skinny bundle streamer, DirecTV Now, losing subs.Launched with fanfare in late 2016, the streaming service with up to 125 channels of live TV grew its subscribers to 1.86 million as of Sept. 30, but in the fourth quarter recorded its first subscriber drop ever. Analysts were stunned by the loss of 267,000 streaming users (on top of a loss of 403,000 at the traditional DirecTV satellite service) reported Jan. 30, given that the consensus…

access_time2 min.
two ceos was too many at lionsgate

Under Starz CEO Chris Albrecht, the cable suite hit record growth, to 25.1 million subscribers.One of Hollywood’s stranger arranged marriages is coming to an end. After two years of reporting to Lionsgate CEO Jon Feltheimer, Starz chief Chris Albrecht said Feb. 1 that he will exit his cable home of nearly a decade in March. Albrecht’s departure leaves Starz without the driving force behind its original programming push and OTT expansion. At the same time, it finds Lionsgate with a real opportunity to vertically integrate its TV divisions. Paramount to the separation, say insiders, is a clash between how Feltheimer, 67, and Albecht, 66, sought to run the business. The relationship between the former pals is said to have devolved quickly. “They saw things very differently,” says one source close…

access_time2 min.
it’s the year of the pig — peppa pig

On Feb. 5, the Chinese New Year, Alibaba Pictures and STX Entertainment will unveil the Chinese-language Peppa Celebrates Chinese New Year in 65 theaters in the U.S. after a wave of interest in China garnered 1.63 billion social media views on a hashtag related to the movie.Entertainment One’s Peppa Pig franchise is broadcast in more than 180 territories.For Entertainment One, the Toronto-based film and TV producer with more than 1,000 employees, the project is just the latest iteration of a franchise that the company says generates $1.2 billion in sales of merchandise related to the show annually. And eOne, which owns the Peppa Pig kids property and has Mark Gordon running its production business in Los Angeles, has seen its shares rise sharply of late on sale chatter.50B Number of…

access_time2 min.
fx’s creative conundrum: making great shows requires great patience

Heading into 2019, FX CEO John Landgraf was prepared for a challenging year. Then, a few days after returning to work from the holiday break, he saw the first footage from his upcoming Fosse/Verdon limited series starring Sam Rockwell and Michelle Williams. “It’s going to be one of the best shows of the year,” Landgraf boasted to THR on Feb. 4. (The show is due in April).Clockwise from top left: The FX series Atlanta, Feud, Fargo and American Crime Story won’t return until 2020.Given FX’s 2019 slate, there is big pressure for Fosse/Verdon — as well as the Alex Garland limited series Devs and the comedy What We Do in the Shadows — to cut through the clutter. After bidding farewell to The Americans after six seasons, FX will endure…

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