formerly Mad Cornish Projectionist.
The lawsuit accuses the studio of failing to properly calculate wages for background actors and provide legally-mandated rest periods. Source: Apple Studios Sued Over Labor Violations on ‘Palm Royale’ By Background Actor
A joint venture will develop and produce non-fiction projects for global export. Source: Tyler Perry Studios to Develop Unscripted Content
Overall, only one studio unit among Hollywood conglomerates posted profit growth for the calendar year 2023 amid fast-paced change and disruption in the industry. Source: Movie Studio Profit Report: A Year of Major Transition
The financial securities regulator has approved a registration statement for a proposed business combination to close and Lionsgate Studios in early May to start trading as a separate company on NASDAQ. Source: Lionsgate, Screaming Eagle Clear SEC Hurdle SPAC-Style Merger … Continued
The companies, led by Shari Redstone, Bob Bakish and David Ellison, reportedly set a 30-day window for deal negotiations. Source: Paramount Global, National Amusements, Skydance Media in Sale Talks
It’s official: Disney shareholders shot down activist investor Nelson Peltz‘s effort to win seats on the Mouse House’s board of directors. Investors voted to reelect all 12 of the company-backed board members, including CEO Bob Iger, ending the most expensive … Continued