The Writers Guild strike goes on, but there’s peace on one labor front in the entertainment industry. The Communication Workers of America Local 9003 and the International Documentary Association announced in a joint statement today that they have reached a tentative collective bargaining agreement covering Documentary Workers United, a group […]
Nearly a year after his Disney ouster, Peter Rice has reemerged. The former Disney General Entertainment Chairman has signed a deal with A24 and will for the first time enter the independent production space, Deadline has confirmed. The production and co-financing agreement will see Rice working on a non-exclusive basis […]
The RBI raked in a massive net income gain from foreign exchange currency sales as a buffer for the rupee during tumultuous geopolitical upheavals last year owing to Russia’s invasion of Ukraine. The Reserve Bank of India’s decision to transfer Rs 87,416 crore (Rs 874.16 billion) as surplus for the […]
Ari Emanuel believes artificial intelligence will help the entertainment industry, not destroy it. Speaking on the Freakonomics Radio podcast to author and host Stephen Dubner — an interview that took place before the Writer’s Guild of America strike, where AI issues loom large — Emanuel seemed to indicate that AI […]
Vans Stevenson, the longtime state government affairs executive for the Motion Picture Association, is leaving the organization after 34 years. Stevenson has served as senior vice president of state government affairs for 25 years and moved to the role of senior adviser of global government affairs when Kathy Bañuelos succeeded him […]
Following a season that saw its Broadway transfers Into the Woods and Parade score a slew of Tony Award nominations, the New York City Center has announced what’s coming next for its celebrated Encores! series: Once Upon a Mattress, Jelly’s Last Jam and Titanic. The 30th annual Encores! season of […]
The Federal Reserve released the minutes of its May monetary policy meeting on Wednesday, indicating uncertainty about the outlook for interest rates. The minutes revealed participants generally agreed that in light of the lagged effects of cumulative tightening in monetary policy and the potential effects on the economy of a […]
Amazon’s Alexa will no longer sound like Samuel L. Jackson and Melissa McCarthy. The e-commerce giant has stopped sales of celebrity “personalities” for Alexa. In a note on the product pages for the available celebrity voices, Amazon indicates that they are no longer available for purchase. “Melissa McCarthy’s Alexa voice […]
Spain’s consumer price inflation eased unexpectedly in May to the lowest level in nearly two years, mainly due to a fall in fuel prices, flash estimates from the statistical office INE showed Tuesday. The consumer price index, or CPI, climbed at a slower pace of 3.2 percent year-over-year in May […]
Unresolved uncertainty surrounding the debt ceiling in the U.S. dampened sentiment across the financial market landscape. The fall in PMI readings in Eurozone as well as U.K. exacerbated the negative sentiment. Markets also digested latest hawkish comments from Fed officials. European benchmarks are mostly trading lower. Wall Street Futures are […]
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