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Sony in talks to team with Apollo to bid for Paramount

In ongoing discussions, Apollo Global Management and Sony Pictures Entertainment are considering teaming up for Apollo's $26-billion bid for Paramount Global. This partnership aims to bolster the private equity firm's endeavors to secure the sought-after asset. Although the discussions are in preliminary stages, the two parties have been negotiating the framework of a potential agreement, wherein the Culver City-based Sony film and television studio would assume a leading role in the partnership. According to sources familiar with the matter, Sony [...]

Resilience in the Age of Streaming: Physical Media Finds Its Defenders

In a digital era dominated by streaming services, there remains a dedicated cohort of film aficionados steadfastly holding onto physical media. Despite the onslaught of digital platforms, these collectors view DVDs and Blu-rays as more than mere relics of the past—they are a currency of culture and a safeguard against the uncertainties of an increasingly virtual world. For Christina and her family, the value of physical media became abundantly clear during a hurricane-induced blackout in 2018. Cut off from modern [...]

Taylor Swift Breaks Spotify Records with New Album Release

Taylor Swift is making waves on 4/20, but not for the reasons typically associated with the date. Amidst a break from her Eras Tour, the renowned singer-songwriter is actively promoting her latest project, the double album titled "The Tortured Poets Department." Released early on Friday, the album rollout was accompanied by the launch of its first single, the debut of its music video, and the announcement of an associated social media challenge. Swift's diligent efforts bore fruit on Saturday, with [...]

Netflix’s Tightened Password Security Measures Yield Profit Surpassing Wall Street Predictions

Netflix’s triumph in the streaming domain persists as the company divulged a robust growth trajectory in its latest quarterly report. With a surge of 9.3 million subscribers, bringing its total to nearly 270 million in the first quarter, Netflix displayed resilience amid competitive pressures. Revenue soared by 15% to $9.37 billion, accompanied by a notable net income of $2.3 billion, marking a substantial increase from $1.3 billion in the same period of the previous year. The streaming giant outpaced Wall [...]

Potential Outcomes: Preventing a TikTok Ban Within 9 Months

Recent legislative moves in the U.S. signal potential trouble for TikTok, with a bill that could lead to its ban expected to become law soon. The House gave the nod to the bill over the weekend, as part of a broader foreign aid package, in a contentious 360-58 vote. The legislation demands that China-based owner ByteDance sell the app within 270 days to a buyer not affiliated with foreign adversaries like Russia, China, or Iran, under threat of prohibition. President [...]

Italian Cinema’s Battle with Netflix over residuals: Artisti 7607 Takes Legal Action

Some of the most prominent figures in Italian cinema are speaking out against Netflix. Elio Germano, Valerio Mastandrea, Neri Marcorè, and Claudio Santamaria, alongside thousands of local acting and dubbing talents, are part of the collecting company Artisti 7607, which has filed a lawsuit against the streaming platform in the civil court of Rome, demanding “adequate and proportionate compensation as stipulated by the law.” For eight years, Artisti 7607 has been in negotiations with Netflix without the two parties reaching [...]

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Suite 1400
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T. +1 323 879 0950
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