Business
Poor Prime Reading
A survey estimates Amazon Prime has 90 million subscribers in the U.S. Eighty percent of those users watch Prime Video, and half of them say they're watching more than ever before.
Websites for Comedy Central, TV Land, Paramount Network, and CMT now all just tell you to try Paramount+, and MTVNews.com is gone.
Gems
The indie studio now has a $3.5 billion enterprise value.
Spotify for Hollywood? It’s the Future of Streaming, According to Former WarnerMedia CEO Jason Kilar
The ousted HBO Max chief is eyeing the creation of a mega-bundle platform.
A Mountain of Issues
Shari Redstone walked away with two minutes on the clock, according to one report. The expletives then flew.
AI
More than half (56 percent) the creatives in the entertainment industry said artificial intelligence will positively impact their day-to-day work.
AI-U
LMU is offering a course on generative AI next semester, while institutions like Chapman and USC have quietly been teaching AI since last year.
Harder, Better, Faster, Stronger
Shareholders must now hang their hats on the plan outlined by the three-headed Office of the CEO — or whomever finally buys National Amusements.
Strike Watch
Hollywood's drivers, chef assistants, location managers, and animal wranglers want a fair deal ahead of their contract expiring on July 31.
Exclusive
Exclusive: Seed&Spark and Kinema have launched open-source online guide The Distribution Playbook to address the essential question: 'What the f*ck is happening in distribution and what are we supposed to do about it?"
Pay-It-Forward
In return, Alejandro Monteverde will direct and produce five to 10 theatrical films for Angel over the next decade.
The deal is not yet finalized, but David Ellison appears to have fended off Sony.
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