All Finance articles
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News
Producer-financier Closer Media hits Cannes for global auteur search
EXCLUSIVE: Backer of ’The History Of Sound’, ’Orwell: 2+2=5’ wants to work ”with the best talents of this generation and globally”.
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Paramount Global co-heads say Skydance merger still on track for first half of 2025
Paramount+ adds $1.5m global subscribers to reach 79m subscribers.
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WBD global streaming subs increase by 5.3m to 122.3m in mixed Q1 report
CEO David Zaslav addresses shift in thinking on Max: “We’re not going to flood the zone.”
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South Korea’s Lotte Cinema and Megabox chains set to merge
The move has been taken as the local film industry continues to struggle due to the growth of streaming platforms.
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Disney announces Abu Dhabi theme park in strong Q2 earnings, no tariffs talk
Disney+ subs climb to 126m.
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Sony Pictures to release Jalmari Helander’s ‘Sisu’ sequel in November
Jorma Tommila returns as one-man army.
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South Korea commits $1bn to boost growing animation industry
Ministry rolls out five-year blueprint focused on theatrical animation, cross-media IP and AI-driven production.
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‘Stalking horse’ bid for Village Roadshow Entertainment Group library set at $417.5m
Delaware judge sets May 16 deadline for rival bids.
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Netflix bullish amid economic volatility, reports strong Q1 without subs updates
Co-founder, former CEO Reed Hastings segueing from executive chairman to chairman of the board.
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Features
Why Europe’s Together Fund has raised €58m in venture capital to invest in indie film and TV producers
“We are looking to take minority shares in independent scripted film and TV companies,” says Alexandra Lebret.
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Media titan John Malone to leave WBD board, become chair emeritus
Separately, corporate filing shows CEO David Zaslav’s annual compensation increased to $51.9m in 2024.
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Locarno unveils US-European financing initiative
Locarno Investment Community initiative will debut within festival’s industry programme Locarno Pro.
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French film production continues strong post-pandemic run
Total investment in French films reached €1.44bn in 2024, according to CNC’s annual report
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Paramount-Skydance merger deadline automatically extended
Federal Communications Commission yet to approve $8bn transaction.
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Shout! Studios acquires Gravitas Ventures
Companies will operate as two distinct brands and continue to distribute from their respective catalogues.
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Features
Could EU’s new financing schemes reshape the European film industry?
The EU is seeking to boost financing for European filmmakers through its equity investment scheme and loan-guarantee facility.
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Thailand reveals 86 projects receiving $6.4m to boost creative industry
Projects from filmmakers Aditya Assarat, Jakrawal Nilthamrong and Anucha Boonyawatana among selection.
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Japan extends location production incentive, approved 10 titles in 2024
Supported films include Aamir Khan’s ‘One Day’ and ‘The Smashing Machine’ starring Dwayne Johnson.
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Silver Lake acquires Endeavor in $25bn deal
Silver Lake believes acquisition is largest ever in media and entertainment sector.
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Village Roadshow Entertainment Group lawyer says library assets “open to all bids”
Proclamation comes day after bankruptcy filing.