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U.S. Box Office Sees Summer Resurgence

But Long-Term Challenges Persist for Hollywood The U.S. box office has seen a significant resurgence this summer with hits like "Inside Out 2" and "Deadpool & Wolverine," which together grossed $2.5 billion globally. This marks [...]

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Emily In Paris Season 4: A Roman Holiday Brings New Drama and Romance

The much-anticipated fourth season of the hit Netflix series Emily in Paris is set to premiere in two parts, with the first batch of episodes releasing on August 15 and the second on September 12. This season continues to follow the adventures of Emily Cooper, played by Lily Collins, a young and ambitious marketing executive from Chicago who unexpectedly lands her dream job in Paris. The series, created by Darren Star, has captivated audiences worldwide with its blend of romance, [...]

U.S. Box Office Sees Summer Resurgence

But Long-Term Challenges Persist for Hollywood The U.S. box office has seen a significant resurgence this summer with hits like "Inside Out 2" and "Deadpool & Wolverine," which together grossed $2.5 billion globally. This marks a positive trend for Disney and other studios, especially after the difficult years caused by the pandemic. However, despite these successes, the film industry still faces considerable challenges in returning to pre-pandemic levels. The box office revenues in the first half of 2024 was disappointing, [...]

Video Game Industry Faces Strike as AI Concerns Mount

Artificial intelligence was key to last year's Hollywood strikes. Now has triggered (or should we say, generated?) a second walkout among actors in the larger, technology-driven video game industry. On Friday, the Screen Actors Guild (SAG-AFTRA) began its second strike in nine months, this time targeting major gaming companies that dominate an industry grossing well over $100 billion annually. While many of the demands remain consistent—consent and compensation for actors whose voices and movements are used by AI to create [...]

Superheroes and Their New Sidekick: Mid-Tier Movies Join the Box Office Fight for Balance

Hollywood’s dependence on superhero blockbusters remains evident, highlighted by the recent success of Marvel Studios’ Deadpool & Wolverine. The film shattered records, grossing $211 million in the U.S. and Canada over its debut weekend, marking the highest-ever opening for an R-rated film. This achievement underscores the theatrical film industry’s reliance on comic book movies to drive significant revenue. The box office, however, is still struggling, with a 17% decline compared to the same period last year. This slump is partly [...]

Inside the $8 Billion Skydance-Paramount Merger

Legal Shake-Ups, Power Plays, and the Future of Hollywood At the beginning of July, David Ellison’s Skydance Media has announced a monumental $8 billion investment in Paramount Global, one of the world’s oldest entertainment companies, concluding a seven-month pursuit. The deal, that will provide the historic Hollywood studio with a younger owner, much-needed cash, and a likely profitable streaming service, received approval from a special committee of Paramount’s board of directors, followed by full board consent. The transaction will occur [...]

Warner Bros. Shakes Up Gaming Industry with Major Acquisition of ‘MultiVersus’ Developer

Warner Bros. Games has announced the acquisition of Player First Games, the studio behind the popular free-to-play platform fighter MultiVersus. This strategic move marks a significant expansion for Warner Bros. Games, enhancing its development capabilities and solidifying its presence in the competitive gaming market. Under the new arrangement, Player First Games will continue to operate under the leadership of co-founders Tony Huynh and Chris White. Huynh, who serves as head of Player First Games, and White, the head of technology, [...]

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Italian Trade Agency

LOS ANGELES OFFICE
12424 Wilshire Blvd
Suite 1400
Los Angeles, CA 90025
T. +1 323 879 0950
losangeles@ice.it

Sign Up to our Newsletter

By submitting this form, you are consenting to receive marketing emails from:

Italian Trade Agency
LOS ANGELES OFFICE 12424 Wilshire Blvd Suite 1400 Los Angeles CA 90025 T. +1 323 879 0950 losangeles@ice.it You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. Emails are serviced by MailChimp.
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