Millions of dollars in bets on “Love Island USA” signal prediction platform Kalshi’s push into pop culture, where reality TV fandoms are fueling a rapid surge in entertainment trading volume. - Los Angeles Times
“CEO David Ellison’s … confidantes have pushed him to consider moving its corporate headquarters and reallocating much of its $30 billion in planned spending outside the state” in reaction to the lawsuit. “The considerations may just be a show of brinkmanship, given so much of the industry’s production takes place outside of Hollywood already.” - Semafor
“This proposed combined entity would be the largest employer of writers, with tremendous power to suppress our wages, eliminate opportunities for emerging writers, cut jobs across the industry, and produce less programming,” said Writers Guild of America East president Tom Fontana in a statement. - AP
Said the station’s CEO in a statement, “While we will continue to provide the full suite of PBS programming and member benefits like Passport, we want our local vision to not be limited by a national brand. We are Wyoming’s storyteller first and a member station second.” - Current
To bolster engagement, executives at the company have recently discussed adding live channels that would continuously stream certain programs, or shows and films from a certain genre, according to people familiar with the matter. - The Wall Street Journal
A coalition of 12 Democratic states including California, New York and Washington filed a lawsuit Monday to block Paramount’s $111 billion acquisition of Warner Bros. Discovery, the most serious legal challenge to date for one of the biggest media deals in history. - The New York Times
“The best side of a stunt always has to face the lens: The trajectory of a feigned punch, a few degrees off, can look fake to viewers.” - The New York Times
The state legislators “are calling for Gov. Gavin Newsom to exempt the state’s film and TV production incentive program from a recently approved cap on corporate tax credits.” - Los Angeles Times (MSN)
“On average, Disney has waited 27 years before remaking one of its animated classics as a live-action movie.” Just one problem: They’re out of animated classics to remake. - The New York Times
Remember Amazon buying Goodreads, anyone? “The app has become a beloved platform and community for young movie enthusiasts, and is most popular with audiences ages 18 to 35.” - The Guardian (UK)
“The celebrity-as-celebrity casting is a delicate alchemy with volatile ingredients more likely to explode than create movie magic” - but when it works? It really works. - The New York Times
Viewership is smashing records, especially for Telemundo and Peacock. The Mexico-England game was Telemundo’s most-watched telecast ever. Many English-speaking viewers have turned away from Fox because of its analysts line-up, joining the U.S.-based Spanish-speaking audience. - Variety
“I had always worn pink and been really girly. I stood out in every room I was in. When I watched Legally Blonde, I was like, ‘Oh my god, I can be taken seriously.’” - The Guardian (UK)
