Netflix said today it will stop reporting quarterly subscriber numbers starting in 2025, a huge change for the giant streamer whose stock tends to get buffeted up or down (mostly up lately) by those numbers. In a letter to shareholders along with first-quarter earnings, the company said it’s now focused …

Longtime NBC ad sales executive Krishan Bhatia has landed at Amazon as VP, Global Video Advertising Sales, a new position for a new team within ad sales focused on streaming TV offerings across live sports, Amazon Freevee, Twitch, Prime Video ads, and third-party publishers. He’ll be based in New York …

Cinema owners, studios and indie distributors gathering in Las Vegas this week for exhibition’s biggest confab seek visibility into a theatrical landscape gut-punched by Hollywood strikes last year just as a post-Covid recovery was revving up. Production halted for months led to fewer releases on the schedule. But there’s reason …

Disney may have nudged Nelson Peltz farther from its board as giant BlackRock is said to be backing the company’s slate of directors. The firm is Disney’s second-largest shareholder at about 4.2%. The news, first reported in the Wall Street Journal, followed T. Rowe Price, an 0.5% owner, coming out …

Warner Bros. Discovery said today that directors Steven A. Miron and Steven O. Newhouse, both of have both notified the board that they have resigned after the U.S. Department of Justice informed them that it was investigating whether their service on the company’s board of directors violated Section 8 of …

IFC Films’ Late Night With The Devil topped the specialty market in its second week, as a Tollywood and a Bollywood film both made the top ten in a rare occurrence. Strong horror and Indian fare have helped buoy the box office since Covid. They continue to fill in the …

Georgia’s legislative session is a wrap, burying with it a tortured bill on state film and television production tax credits — to the relief of Hollywood, indie producers and Georgia sound stage owners. “Georgia is open for business and continues as a premier destination for film and television production. After …

Video game publisher Take-Two Interactive Software has acquired Gearbox Entertainment, the company behind the Borderlands franchise, for $460 million in an all-stock deal with Embracer, the latest big deal in the video game business. The deal comes as Lionsgate is releasing Eli Roth’s theatrical adaptation of Borderlands in August. Take-Two said …

IFC’s Late Night With The Devil has scared up the distributor’s largest opening weekend ever with an estimated $2.8+ million on 1.043 screens, coming in at no. 6 at the domestic box office. Prior to this weekend, Watcher was IFC’s top opening film at $827k, followed by Skinamarink with $819k …

Indies in moderate-wide release claimed the nos. 6, 8 and 9 spots at the domestic box office led by Love Lies Bleeding. Kristin Steward toplines the Berlin-premiering film by Rose Glass that expanded nationwide, grossing $2.5 million for the weekend on 1,362 screens (up from five theaters opening week). The …

The Europe’s Margrethe Vestager, one of the world’s most powerful and proactive regulators, has made Europe a first mover in checking big tech for the public good and in the interest of competition. The head of the EU’s Competition Commission has developed key digital privacy laws, rules on hate speech …

Two well-reviewed indies are taking a bow in limited release in the shadow of Dune, A24’s Problemista by Julio Torres, and Shayda from Sony Pictures Classics, the feature debut of Noora Niasari. Torres, the comedian, actor and writer, in his directorial debut, stars with Tilda Swinton as Problemista gets its …