“The Parmigiano Reggiano Consortium has revealed that United Talent Agency (UTA) has signed the governing body for ‘the king of cheeses’ to get the supermarket staple placement in films, TV shows and streaming projects around the globe.” - The Hollywood Reporter
The BBC is now losing more than £1bn a year from households either evading the licence fee or deciding they do not need one, according to a cross-party group of MPs who warned the corporation is under “severe pressure”. - The Guardian
Netflix, Paramount and Comcast submitted bids to acquire the Hollywood colossus, which owns the Warner Bros. movie studio, HBO, and cable networks like CNN and TNT, four people with knowledge of the proposals said. - The New York Times
“The Nevada Senate has again rejected a $120 million annual subsidy for film and TV production, which would have enabled construction of a new soundstage facility in Las Vegas. The bill, AB 5, fell one vote short of a majority during a special session on Wednesday night.” - Variety
Earlier this year, The Times spoke to a dozen current and former SIFF staff and board members, many of whom expressed profound concerns about both SIFF and the impact that the landmark acquisition had on the organization amid broader challenges in the industry. - Seattle Times
Warners Brothers has had multiple owners over the decades. Three years ago, Warner Media, as it was called, merged with Discovery. And in June, the company announced it would split in two, with film, TV and streaming studios in one camp, and in the other, mostly legacy cable channels, including CNN. - NPR
“Point AI, a startup with eight employees, (cranks) out 3,000 episodes a week covering everything from localized weather reports to a detailed account of Charlie Kirk's assassination and its cultural impact to a biography series on Anna Wintour. Its podcasting network has generated 12 million lifetime episode downloads and amassed 400,000 subscribers.” - TheWrap (MSN)
Even as other industries — from technology to publishing — proceed to incorporate AI to cut costs and replace jobs, media companies have bumped up against numerous roadblocks including actors reluctant to cooperate with AI models, animators and post-production experts pushing back on change, technological limitations and legal questions. - Yahoo Finance
There's "an inner peace that comes from entering the sanctum sanctorum of those movie palaces with the wall-sized screens.2 Don’t take it from me. Take it from a higher authority: his holiness, Pope Leo XIV." - The Bulwark
“Facing a public backlash, the commission that oversees Alabama Public Television voted Tuesday to continue paying its contract with PBS, rejecting an effort — at least for now — to be the first state to cut ties with the broadcast giant because of politics.” - AP
The resignations come as the BBC enters a decisive period. The renewal of its royal charter in 2027 will define the corporation’s funding model and public purpose for the next decade. At the same time, the BBC faces a hostile political climate, sustained financial pressure, and a rapidly fragmenting audience. - NiemanLab
The arrangement resolves litigation filed by NPR accusing the corporation of illegally yielding to Trump's demands that the network be financially punished for its news coverage. - NPR
“Since the first of his Paramount+ originals premiered in 2021, Sheridan's titles have generated more than $800 million in global streaming revenue for the platform.” And that’s without domestic revenue from his cornerstone show, Yellowstone, whose US streaming rights are held by Peacock. - TheWrap (MSN)
It’s great that wheelchair user Marissa Bode plays wheelchair user Nessarose Thropp, but “after the release of the first Wicked film in November 2024, Bode was targeted on social media” — and she expects the same thing to happen with the new Wicked movie. - The Guardian (UK)
Matthew Belloni has become a narrator of the industry’s troubles during the most transformative period since the birth of television, brought on by the arrival of tech companies and the disappearance of the lucrative cable TV model, followed closely behind by theater audiences. - The New York Times
