The Teamsters are sending a shot across the bow, warning that they remain “far apart” in talks with the studios with less than three weeks to go before their contract expires. Teamsters Local 399 and the other Basic Crafts unions have spent four weeks in negotiations with the Alliance of Motion Picture and Television Producers, and have […]
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The stage will soon be set for Western Australia’s answer to Hollywood and officials say a “simplistic” name for the state’s first dedicated screen production facility is a logical choice that will put the capital on the map. Formally announced by the state government as Perth Film Studios in June, the $233.5 million construction in Malaga, in […]
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The former NBC Studios, in what TV host Johnny Carson used to call “beautiful downtown Burbank,” has sold for $375 million to a local developer who previously owned the property and plans to add more soundstages to the legendary lot. Worthe Real Estate Group and partners bought the 27-acre film and television production facility now […]
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ProdPro finds that the number of global productions dropped 20% The impacts of Hollywood’s cutbacks in production spending are being felt as the number of global film and television productions is down 20% from 2022 and approximately 40% in the United States, according to a new report by production technology and research company ProdPro. The […]
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Ryan Murphy and Kim Kardashian are having a very good week. Two days after it was announced that Halle Berry and Glen Close had joined the cast of the mega-producer and the reality star’s All’s Fair, today the California Film Commission announced the Hulu legal drama as one of the recipients of the state’s film and tv tax incentive program. To be specific, as a […]
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Paramount Global, the media behemoth that counts CBS, Paramount Pictures and MTV among its portfolio, is set to become the “New Paramount” after merging with Skydance Media in a long-awaited deal that will also see Skydance acquire its parent company National Amusements. The merger means that David Ellison, head of Skydance and the son of Oracle co-founder Larry Ellison, will soon become New Paramount’s chairman and chief executive.
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The sides have made it official: David Ellison’s Skydance Media has set a deal with Paramount Global that calls for Ellison to become chairman and CEO of an enhanced Paramount while former NBCUniversal CEO Jeff Shell will take operational reins as president. “In 1987, my father, Sumner Redstone, acquired Viacom and began assembling and growing […]
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Candle Media, the fledging media company backed by private equity player Blackstone, is undergoing a restructure in order to cut costs. Founded in 2021 by former Disney executives Kevin Mayer and Tom Staggs, the venture made several splashy acquisitions – including Reese Witherspoon’s production label Hello Sunshine – at the offset. Flash forward three years, and free-spending […]
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The Australian screen industry is celebrating after the country’s Location Offset scheme was raised to 30%. The legislation, which was announced in May, was made law today and officially came into effect on July 1. It raises the rebate for TV and film productions shooting in the country from the previous 16.5% to 30% and will […]
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Fallback Studios, a new vertically integrated film production studio, will be opening in Dublin, Ohio in Q2 2025, marking a new era for the Midwest film industry, Stagerunner has learned. Located on a 15-acre campus, the $40 million project currently under construction encompasses 250,000 square feet of cutting-edge production space. Included at Fallback Studios are […]
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