More from Caitlin Huston
Netflix Pay: Greg Peters Hit $40M in First Year as Co-CEO, Ted Sarandos Saw $49.8M In 2023
In 2023, the then-newly named Netflix co-CEO Greg Peters saw his total target compensation package grow to $40 million up from $26 million the prior year. Co-CEO Ted Sarandos brought in $49.8 million in 2023, with a base salary of $3 million, $28 million in stock awards, an annual bonus of $16.5 million and all other […]
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Netflix to Stop Providing Subscriber Numbers in 2025, Marking End of an Era in Streaming Wars
Netflix will stop reporting quarterly subscriber numbers starting with its first- quarter 2025 earnings, as the company says it’s more focused on other metrics. Additionally, the streaming giant said Thursday that it would stop reporting average revenue per member, which it refers to as ARM. The company had already stopped providing guidance on paid membership […]
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Take-Two Interactive to Lay Off 5 Percent of Workforce As Video Game Giant Restructures
Take-Two Interactive will be cutting the company’s workforce by 5 percent as part of a broader cost-reduction plan. The plan, which was approved by the board of directors of the video game publisher Tuesday, also includes eliminating “several projects in development” and “streamlining its organizational structure,” leading to the layoffs. The company expects to bring in […]
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‘Crazy Rich Asians’ Set to Become Stage Musical, With Direction by Jon M. Chu
A musical stage adaptation of Crazy Rich Asians is under development, with Jon M. Chu set to direct. The musical, which is being developed by Warner Bros. Theatre Ventures and Kevin Kwan, features a book by Leah Nanako Winkler, music by Helen Park and lyrics by Amanda Green and Tat Tong. The production is aiming […]
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Rachel Zegler, Kit Connor to Star on Broadway in ‘Romeo and Juliet’
Rachel Zegler and Kit Connor will make their Broadway debuts in a new production of Shakespeare’s Romeo + Juliet this fall. The production will feature music by Grammy Award winner Jack Antonoff, who is also making his Broadway debut, movement by Sonya Tayeh (Moulin Rouge! The Musical) and direction by Sam Gold. Exact dates and […]
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Mark Ruffalo, Jessica Hecht Set for Performance of ‘Ironweed’ at BAM (Exclusive)
Mark Ruffalo is returning to the stage in a one-night performance of the new play Ironweed: An Evening of Art & Humanity. Ruffalo will star opposite Jessica Hecht in a performance set for May 17 at the Brooklyn Academy of Music. The play is based on William Kennedy’s Pulitzer Prize-winning novel, which was first published […]
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CAA Appoints New Managing Directors, Changes Up Board
Creative Artists Agency has appointed nine managing directors and changed up its agency board membership. The new managing directors include Rob Light, Howard Nuchow, Joe Cohen, Michael Levine, Joel Lubin, Maha Dakhil, Chris Silbermann, Tiffany Ward and Paul Danforth. CFO Carol Sawdye and chief legal officer Hilary Krane will continue in their roles. The managing […]
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Broadway Openings Crowd Theaters as Hopefuls Aim for Tony Nominations
The Tony Award nominations are set to take place April 30, and in the lead-up, the month is jam-packed with Broadway openings, with 14 taking place over the course of 11 days. While the days before the Tony Awards eligibility cutoff, on April 25, are typically filled with openings, many industry insiders are optimistic that […]
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Rooster Teeth Podcast Network Sold to Night Talent Management
Night, the talent management company that represents YouTubers and Twitch Streamers, has acquired the Roost Podcast Network from Warner Bros. Discovery. As part of the acquisition, Night will retain the majority of the podcast network team, including A.J. Feliciano, Head of The Roost Podcast Network. The network includes 47 original shows, with more than 350 million […]
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Bernadette Peters and Lea Salonga to Star in Sondheim’s ‘Old Friends’ on Broadway, in LA
Bernadette Peters and Lea Salonga will star in Stephen Sondheim’s Old Friends at Center Theatre Group in Los Angeles before landing on Broadway next March. The musical revue of Sondheim’s songs, devised by Cameron Mackintosh, comes to North America after a 16-week run starting last September at London’s Gielgud Theatre. Peters and Salonga also starred […]
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Jonathan Majors Sentenced to 52-Week Domestic Violence Intervention Program
Jonathan Majors was sentenced to a 52-week in-person domestic violence intervention program after being convicted of reckless assault in the third degree and harassment in December. The charges, which are a misdemeanor and a violation, carried a sentence of up to one year in prison. Prosecutors asked for a sentence of domestic violence programming, with a […]
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Bob Iger: Disney’s Job Is “Not to Advance Any Kind of Agenda”
Asked whether Disney would stay out of politics, CEO Bob Iger said that the company is not out to “advance any kind of agenda,” but rather is focused on entertainment. “Our job is to entertain first and foremost, and by telling great stories, we continue to have a positive impact on the world and inspire […]
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