Mumbai: Sony Pictures Entertainment (SPE), the global entertainment unit of Japan’s Sony Group Corp., has initiated talks with Walt Disney Co. about a potential acquisition of its India business, said two people with direct knowledge of the matter. The preliminary discussions with Disney are part of Sony’s contingency plan in case its ongoing merger agreement … Read more
Hello Pursuits readers, it’s Jim Gaddy. By this time next week, I’ll have been inside an actual movie theater for the first time since April 2022, when I laughed-cried-laughed through a screening of Everything Everywhere All at Once. For practically my whole life, “going to the movies” was an event ripe with anticipation. But at … Read more
“Barbenheimer” aside, it was the summer from hell for Hollywood executives, and none more so than Bob Iger. In July he and fellow moguls Gulfstreamed to the jagged green mountains of Sun Valley, Idaho, for their annual retreat, where between power lunches and tandem bike rides they debated media deals and the impact of artificial … Read more
Striking Hollywood screenwriters reached a tentative new labor agreement with studios including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production. The Writers Guild of America, which represents more than 11,500 Hollywood scribes, said Sunday it reached the deal with the Alliance of Motion Picture … Read more
These companies are bleeding me dry. Starfield on Game Pass. Sea of Stars on PS Plus. Ahsoka on Disney Plus. The Last of Us on (HBO) Max. Subscription services used to make me feel like I was getting away with something. Cheaper, easier entertainment at the click of a button. No commercials, Fewer risks. Hassle-free. … Read more
When I wrote about the challenging deal climate last week, I omitted two deals that could happen. Hollywood talent giant Creative Artists Agency is inching towards a sale. The company would like to sell for upwards of $7 billion, but it’s still not clear if it will get that sum. It was worth $5 billion … Read more