The Funimation streaming service will cease operations on April 2, nearly three years after it and Crunchyroll were acquired by Sony Entertainment. And beginning on January 28, 2025 the price of Crunchyroll will nearly double—from $54.95 a year to $99.99. In an official announcement this week, Funimation told its subscribers, “Rest assured, this transition will…
Warner Bros. Discovery and Paramount Global are reportedly talking about a potential merger. According to press reports first published by Axios and confirmed by Variety, the CEOs of the two companies—Warner’s David Zaslav and Paramount’s Bob Bakish–met for lunch in New York on Tuesday to discuss the potential marriage. Zaslav has also reportedly been in talks…
Despite its record-breaking performance on the streaming charts, and despite strong support from its fans, Suits is going into mothballs, say its creators. “Let me say right off that there is no Suits reboot or anything in the works, creator Aaron Korsh tweeted. “Strike would have to end, some network or streamer would have to…
@Jeffrey Katzenberg on American Masters Three years after the demise of the streaming service Quibi, its founder Jeffrey Katzenberg says he is still proud of what he did. In an interview with LinkedIn’s CEO Ryan Roslansky, the former Disney/Paramount/DreamWorks executive said, “I’m humbled by the failure. But I’m proud that what we tried was a…
Hollywood studios are bracing for a potential work stoppage by screenwriters affiliated with the Writers Guild of America (WGA). On Monday, an overwhelming number of its members—98% vs. 2%-=voted to strike if a new contract agreement was not reached with the Alliance of Motion Picture and Television Producers (AMPTP). The current three-year contract expires on…
Hollywood is bracing for a possible strike by The Writers Guild of America, whose current three-year contract will be expiring on May 1. Contract negotiations between The Guild and The Alliance of Motion Picture and Television Producers are set to begin on March 20, a reversal of the usual pattern in which The Directors Guild…
An artistic rendering of Netflix studio in Fort Monmouth. Talk about beating swords into ploughshares—now they’re being beaten into production studios. On Wednesday, New Jersey’s governor Phil Murphy announced that Netflix would be turning the former Fort Monmouth army base into a state-of-the-art production facility. Netflix will be investing nearly $900 million in the repurposing, which…
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