In a move signaling the next phase of Hollywood’s AI revolution, New York-based generative AI company Runway has raised $308 million in Series D funding—bringing its total to $545 million and valuing the startup at a reported $3 billion. The funding round, led by General Atlantic with participation from NVIDIA, Fidelity, SoftBank Vision Fund 2, […]
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It’s the end of an era in Century City. Disney will officially vacate the historic Fox Studio Lot by the close of 2025, capping off a seven-year leaseback agreement that followed its 2019 acquisition of 21st Century Fox’s entertainment assets. The move consolidates Disney’s Los Angeles-based production footprint in Burbank, where it’s forming a centralized […]
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The message coming out of Honolulu this week was loud and clear: Hawaii’s film and television industry is in crisis—and the people who power it are calling for urgent action. Hundreds of producers, actors, crew members, and supporters gathered at the State Capitol to urge lawmakers to invest in the future of the state’s screen […]
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Texas is looking to become the next heavyweight in U.S. film production—and this time, it’s putting half a billion dollars behind the pitch. At a recent Senate Finance Committee hearing, the Lone Star State took a bold step toward securing its spot as a serious destination for film and TV production. Senate Bill 22, now […]
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As YouTube celebrates its 20th birthday, Wall Street is giving it a shiny new crown — “King of All Media.” According to analysts at MoffettNathanson, the Google-owned video giant is not only leading the pack in engagement, it’s about to overtake Disney in annual revenue (yes, really). For 2024, YouTube pulled in a jaw-dropping $54.2 […]
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Manitoba’s screen industry just added a new production destination to its map. On Friday, Juliette Hagopian and her team cut the ribbon on Jette Studios, a brand-new 25,200-square-foot soundstage in the town of Niverville—located just 30 minutes south of Winnipeg. Designed with 40-foot ceilings and built from the ground up in under six months, the […]
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Today, Amazon confirmed what the industry has long speculated: Jen Salke is stepping down as Head of Amazon MGM Studios, transitioning into a production deal with the studio she’s led since 2018. In her place? No one. Amazon is flattening its structure, with Courtenay Valenti and Vernon Sanders now reporting directly to Prime Video & […]
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Japan just made a bold move to stay in the global production game—extending its eye-popping 50% cash rebate through January 2026. The program, run by Japan’s Ministry of Economy, Trade and Industry in partnership with VIPO and the Japan Film Commission, was responsible for attracting high-profile projects like Monarch: Legacy of Monsters (Season 2) for […]
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StageRunner has officially launched its new Project Tracker, a monthly report designed to give soundstage operators, equipment vendors, and other industry suppliers a critical edge when chasing new business. The report covers more than 400 active film and television projects currently in development and pre-production across the U.S. and international markets—including independent films, studio features, […]
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California is back in the game—or at least it’s trying to be. A newly amended version of Senate Bill 630 is proposing a major revamp of the state’s Film and TV Tax Credit Program, with a headline-grabbing 35% credit on in-state production costs, and the possibility of an additional 5% kicker for shooting outside of […]
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