More from Caitlin Huston
BuzzFeed Sees Small Advertising Gain Amid Push Toward AI
Buzzfeed reported total revenue of $47 million for the second quarter, down from $62 million a year ago. Advertising revenue declined 19 percent year-over-year to reach $23.8 million, with programmatic advertising revenue at $16 million compared to $15.5 million a year ago. Content revenue plunged 48 percent to $11.4 million. Jonah Peretti, founder and CEO […]
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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, […]
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Disney Developing Stage Adaptation of ‘The Greatest Showman’
Disney is bringing The Greatest Show on Earth to the stage. The company says that it is developing a stage musical based on the 2017 film The Greatest Showman to, produced by its Disney Theatrical division. The announcement was made at the D23 conference in Anaheim, California, where a cast performed “The Greatest Show,” the […]
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Paramount to Cut 15 Percent of U.S. Workforce in Major Layoff Plan
Paramount continued to push forward on its $500 million cost-savings plan and goal of reaching sustained profitability in streaming by 2025, in the company’s first earnings report since the Skydance deal was announced. On Thursday, the company said its cost-savings plan will include reducing its U.S.-based workforce by approximately 15 percent. The areas hit will […]
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Kieran Culkin, Bob Odenkirk and Bill Burr to Star in Broadway Revival of ‘Glengarry Glen Ross’
Kieran Culkin, Bob Odenkirk and Bill Burr will star in a Broadway revival of Glengarry Glen Ross in spring 2025. The production will be directed by Patrick Marber, who won a 2023 Tony Award for his direction of Leopoldstadt. Odenkirk and Burr will make their Broadway debuts in the play. The David Mamet play is […]
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iHeartMedia Podcast Segment Drives Quarterly Revenue Results
Podcast revenue at iHeartMedia rose 8 percent in the company’s second quarter, compared to same quarter last year, to reach $104.5 million. Overall revenue in the digital audio group, which includes podcasting, rose 10 percent to reach $286 million. That group propelled revenue growth at iHeartMedia, which otherwise saw its consolidated second quarter revenue up […]
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TikTok Rolls Out Marketing Feature For Movie Studios
Tiktok is rolling out a marketing tool for studios and the entertainment industry. Called TikTok Spotlight, the tool allows companies to add a link to TikTok videos that feature content relevant to an upcoming film or library content. The link directs users to a landing page with a plot synopsis, cast information, links to purchase […]
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How Disney Plans to Grow Its Streaming Profit
Disney announced a streaming profit for the first time Wednesday, and with price increases on their way and increased content offerings, CEO Bob Iger said he expects additional growth to come. Speaking on the earnings call Wednesday, Iger attributed the streaming achievement to the “success of our creativity,” citing the company’s 183 Emmy nominations and […]
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Disney Turns a Profit in Streaming as Entertainment Income Soars
The Walt Disney Co. turned a profit in its streaming business a quarter earlier than anticipated, and beat Wall Street expectations as its entertainment business soared in the company’s fiscal Q3. Disney reported revenue of $23.2 billion, income of $3.1 billion, and earnings per share of $1.43, all beating Wall Street estimates. That was led […]
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Broadway Box Office: ‘The Outsiders’ Keeps Climbing, ‘Once Upon A Mattress’ Joins Fray
The Outsiders musical continued its post-Tony run, breaking the box office record at the Bernard B. Jacobs Theatre for the seventh week in a row. The show, which won the Tony Award for best musical, grossed $1.49 million last week. That’s about $27,000 more than prior week, even though only one more person attended. The average […]
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Netflix’s ‘Stranger Things: The First Shadow’ to Open on Broadway in Spring 2025
Stranger Things: The First Shadow is coming to Broadway in the spring. The play, which is set up as a prequel to the events of the Netflix series, will start previews at the Marquis Theatre on March 28, 2025, with an opening night on April 2025. Netflix and Sonia Friedman Productions are producing. The show premiered […]
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Cathy Repola to Retire as National Executive Director of Editors Guild
Cathy Repola will retire as the national executive director of the Motion Picture Editors Guild at the end of January 2025. Repola has worked at the Editors Guild, IATSE Local 700, for 32 years, and has been national executive director since 2016. A search committee will be appointed to fill the position. “Working for the […]
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