Hollywood Breakdown
Summary: Kim Masters, host of KCRW’s The Business, breaks down Hollywood's top stories.
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Disney reports that it has 8 million new subscribers to its streaming service. Investors are wondering how much money Disney+ subscribers will bring in the long run.
After pandemic delays, the new Tom Cruise film “Top Gun: Maverick” opens on May 27, and is expected to be a hit.
As Netflix loses subscribers, insiders reveal that poor leadership and a quantity-over-quality strategy could tank the business.
Netflix stock tanks after dismal subscriber numbers spook Wall Street
With 100k subscribers on launch, CNN+ streaming service is not a runaway hit.
The Motion Picture Academy Board of Governors meets on Friday and is expected to make a statement about Will Smith’s slap at the Oscars.
Will Smith could face formal consequences after he publicly slapped Chris Rock at the 94th Academy Awards. The Academy of Motion Picture Arts and Sciences released a statement indicating that Smith was asked to leave the event, however it's unknown why he remained for the duration of the show.
The Oscars are on Sunday, and there’s nervousness in the industry around the lack of blockbusters nominated, save for “Dune.” Ratings for the Academy Awards have been declining, so in an effort to make this year’s telecast more appealing, not all categories will be awarded live during the show. ABC and Disney will pre-tape and edit some of them to air later in the broadcast.
Tech giant Amazon is expanding its entertainment empire with the purchase of MGM for $8.5 billion.
Disney CEO Bob Chapek aggravated employees, when he chose to not take a stand on Florida’s so-called “Don’t Say Gay” legislation.
If you want to see “The Batman” this weekend at an AMC theater, be prepared to pay extra. The chain is trying out “variable pricing” for the first time on this superhero flick.
There will be eight fewer awards broadcast live at this year’s Oscars. Many in the film community are outraged. But some say it’s a needed change for a bloated telecast.
ViacomCBS is no more – the company this week rebranded as Paramount and is going all-in on the streaming wars. But investors have not gotten on board.
Attendees of this year’s Oscars won’t have to be fully vaccinated. This decision by the Academy of Motion Picture Arts and Sciences surprised many people.
Jeff Zucker resigned as the head of CNN this week after failing to disclose a relationship with a high-level CNN executive. The revelation came about as a result of the Chris Cuomo investigation.
