Latest Business News
Ari Emanuel Officially Becomes a Billionaire
The Endeavor CEO has seen his net worth skyrocket over the last year as the value of WWE and UFC owner TKO Group has doubled in value.
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How Hollywood’s Major Crew Union Chief Thinks About Keeping Production In L.A. — And What Help Is Needed
IATSE's Matthew Loeb also discussed how the Trump administration could impact a push for more U.S. work.
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Alamo Drafthouse Staff at New York Theaters Join Colorado Location in Going on Strike
The move marks an escalation in labor unrest over a round of layoffs that Alamo Drafthouse conducted nationwide in early 2025.
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Michael Groszkruger, Former New Line and Warner Bros. Market Research Exec, Dies at 60
A “tireless optimist,” he worked on films in the ‘Lord of the Rings,’ ‘Austin Powers,’ ‘Harry Potter’ and ‘Hangover’ franchises.
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Why Ari Emanuel Is Team Elon Musk in the Fight for OpenAI
The Endeavor CEO was enlisted to join investors who put in an unsolicited offer to buy OpenAI's majority share of its for-profit arm.
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Mark Wahlberg, Sony and Howard Hughes CEO’s New Vegas Studio Bill Is Prepped for Go
A "Hollywood 2.0" bill would open the door to $80M in film tax credits that would make Summerlin Studios a reality and provide a boost to the local economy.
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Patrick Wachsberger’s 193 Beefs Up Executive Ranks With Key Hires
Industry veteran Wendy Reeds joins 193 as executive vp of sales, while Ashley Stern will continue her years-long collaboration with Wachsberger as executive vp and head of creative affairs.
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Regal Cineworld Bolsters C-Suite With New Role
The theater chain hired Adam Rymer for the newly created title of chief commercial officer.
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AMC Networks Sees Revenue Drop, but Streaming Subscribers Rise to 12.4M
The company took a $268.7 million goodwill impairment charge on its domestic operations reporting unit.
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CNN Hires Rahm Emanuel
The veteran Obama and Biden official will serve as senior political and global affairs commentator.
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Power Lawyers 2025: Nominations Are Open for The Hollywood Reporter’s Top Attorneys List
The submission deadline for THR's 19th annual Power Lawyers feature is February 28.
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Roku Hits $1B in Revenue, Beating Expectations
In the fourth quarter, streaming hours on The Roku Channel grew 82 percent year-over-year.
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Streaming Ratings: Jamie Foxx-Cameron Diaz Spy Movie ‘Back In Action’ Leads Overall Chart
The action comedy dethroned 'Squid Game' with the most minutes viewed in Nielsen's latest snapshot.
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Vice Enters Live Sports Arena With Bare-Knuckle Boxing
Vice TV has inked a media rights deal with BYB Bare Knuckle Boxing for mostly Saturday night live event programming.
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Amazon Studios Quietly Steps Back From Diversity Goals Amid Trump DEI Crackdown
The move aligns with a broader retreat from diversity programs amid legal exposure as the new administration aims to eliminate DEI mandates across the private sector.
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A+E Networks Names New Distribution Chiefs As Longtime President Steps Down
Jane Rice and Michelle Strong will succeed 25-year veteran David Zagin as he moves to an advisory role.
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