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Business

Major Paramount Layoffs to Begin Today, Co-CEOs Tell Staff

The layoffs will impact 15 percent of employees, and will happen in three phases, with 90 percent done by the end of September.

Latest Business

Nickelodeon, Paramount+ Marketing Exec Sabrina Caluori Exits

A second top marketing executive is departing Paramount Global. Sabrina Caluori, executive vp kids and family marketing for Nickelodeon and Paramount+, is leaving the company. Her departure follows that of Paramount+ and Showtime chief marketing officer Michael Engleman, and comes at a time when Paramount is looking at large numbers of layoffs ahead of its […]

Warner Bros. Discovery Olympics Coverage Hits Streaming Records

Warner Bros. Discovery is claiming the gold at this year’s Olympic Games, boasting record streaming and viewership figures for its coverage of the 2024 Paris Olympics in Europe. Official figures released by WBD on Monday show the company reached a cumulative 215 million viewers in Europe across its television and streaming platforms, fully 23 percent, […]

From Christina Aguilera’s Sexual Wellness Line to Beyoncé’s Hair Care, 6 Celebrity Startups to Watch

From Selena Gomez’s Rare Beauty to Dwayne Johnson’s Teremana, even the most successful star-backed brands began with just the spark of an idea and the courage to get behind it. “I commend anyone that takes the risk and makes it through all the hurdles,” says Gomez, one of The Hollywood Reporter’s Top 30 Star Entrepreneurs […]

Next Gen 2024: The Hollywood Reporter Accepting Nominations for 35 Under 35 List

For the past three decades, The Hollywood Reporter’s annual Next Generation issue — THR‘s definitive list of the year’s 35 best and brightest individuals age 35 and under — has been tapping the future of Hollywood leadership, including Donna Langley, Bela Bajaria and Kevin Feige. Do you know someone who should be on the list? […]

Selling Celebrity: The Top 30 Stars Minting Cash From Beauty, Booze and Snack Brands

The stock market may be unpredictable, but you can still bet on star power. Celebrity-backed brands continue to boom in 2024 as big stars are driving disruptive businesses across a slew of categories and making bank at retail during an entertainment industry contraction. Dwayne Johnson’s Teremana tequila sold a million cases in the U.S. last […]

“None of the Apps Are Great”: Top Podcasters Reveal Biggest Challenges

In coordination with The Hollywood Reporter‘s list of the most important people in podcasting, the industry’s leaders were asked to identify the sector’s biggest challenges, as the no-longer-so-new medium enters its third decade. And while podcasting seems to have bounced back from last year’s slowdown, there are still plenty of forces holding it back, including […]

Glen Powell, Nicholas Braun, Taraji P. Henson, Tracee Ellis Ross Lead New Audible Comedy Podcasts

Audible and Broadway Video Enterprises are launching two new, original comedy podcasts this fall, with a lineup of castmembers including Glen Powell, Nicholas Braun, Taraji P. Henson and Tracee Ellis Ross.  The Best Man’s Ghostwriter follows Nate (voiced by Powell) as a speechwriter hired to help write best man speeches and one of his client’s, […]

Meta, Universal Music Group to Allow Users to Share Songs on WhatsApp

Universal Music Group has inked a first-time licensing deal with Meta to allow music from the major label’s artists to be uploaded to WhatsApp and shared without violating copyright ownership. The move is part of an expanded global licensing agreement, first signed in 2017, to have UMG artists and songwriters continue placing copyrighted music across […]

Animation Guild Fires Up Members at Pre-Negotiations Rally: “We’re Going to Win Our Industry Back”

Animation workers and supporters argued that recent technological and business shifts have left their craft hanging in the balance during a packed union rally in Burbank on Saturday, with one speaker positing that “the American animation industry is at stake.” The Animation Guild (IATSE Local 839) organized the event before it heads into bargaining over […]

From ‘Encanto’ and Disney Villains to ‘Monsters, Inc.’ and Tony Stark: All the New Disney Theme Park Lands and Attractions Announced at D23

Disney turned Saturday night’s D23 showcase into a veritable all-star concert, bringing A-list talent on stage to perform classic songs from Disney films and help introduce a veritable avalanche of new attractions and lands based on the company’s intellectual property. Performers included Meghan Trainor, Shaboozey, Rita Ora, Plain White T’s, Pentatonix, Chromeo, Abi Carter, Tank […]

Al Pacino Just Watched ‘The Godfather’ for the First Time in Decades: “Humbling”

It’s the movie that changed the course of his life — and American cinema — but Al Pacino had not seen The Godfather in its entirety in decades. So when he invited me to watch Francis Ford Coppola’s 1972 gangster epic with him and some of his friends at a small screening room in Hollywood […]

Susan Wojcicki, Former YouTube CEO, Dies at 56

Susan Wojcicki, the former CEO of YouTube and one of the first employees at Google after it was founded in 1998, has died. She was 56. Her husband, Dennis Troper, announced on Facebook Friday night that Wojcicki died after a two-year battle with non-small cell lung cancer. “It is with profound sadness that I share […]