CMU School of Drama


Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Monday, October 05, 2026

Tom Cruise, James Cameron Can Afford to Support Paramount's WB Merger

www.indiewire.com: Hollywood spent much of the past year fighting over whether Paramount should be allowed to buy Warner Bros. Discovery. Now, after a sprawling regulatory battle, the $110 billion deal is approaching its final act — and the debate over whether it will save Hollywood or shrink it isn’t going anywhere.

Thursday, October 01, 2026

Judge Approves Paramount-Warner Bros. Merger Settlement

www.thewrap.com: Judge Araceli Martínez-Olguín has signed off on Paramount’s legal settlement with 12 state attorneys general, clearing the final hurdle for its $110 billion merger with Warner Bros. Discovery.

Monday, September 28, 2026

Paramount Preps California Exit Amid WBD Legal Battle

www.thewrap.com: Paramount has informed the offices of Los Angeles Mayor Karen Bass and California Attorney General Rob Bonta that it is preparing to leave the state amid a legal battle over its $110 billion merger with Warner Bros. Discovery. A Paramount spokesperson had no comment when asked about the plans, while a spokesperson for Bass told TheWrap she is “focused on protecting and fighting for jobs in L.A., including critical jobs in the entertainment industry that have been a vital part of Los Angeles’ economy.”

Thursday, September 24, 2026

Paramount To Transform Hollywood With Warner Merger After AG Settlement That Clears Way For Warner Merger

www.forbes.com: An imminent settlement of the lawsuit by 12 states’ attorneys general blocking the $111 billion purchase of Warner Bros. Discovery by much smaller rival Paramount Skydance removes one of the last barriers to a fundamental reshaping of Hollywood’s battered entertainment industry.

State AGs: Live Nation Deal Could Entrench Ticketmaster

www.ticketnews.com: Attorneys general from 17 states and the District of Columbia are warning that the Justice Department’s proposed antitrust settlement with Live Nation and Ticketmaster could do more than fail to restore competition — portions of the deal could actually strengthen Ticketmaster’s dominant position.

Wednesday, September 23, 2026

Paramount-Warner Bros. Settlement: Guilds, AGs and Activists React

variety.com: After almost a year in the trenches pulling together his historic combination of Paramount Skydance and Warner Bros. Discovery, David Ellison has finally emerged victorious. On Monday, the Silicon Valley heir confirmed he’d reached a settlement with a group of state attorneys general, who sued to block the merger over antitrust concerns.

Rob Bonta, Facing Skeptics, Defends 'Very Strong' Paramount Deal

variety.com: Rob Bonta defended the antitrust settlement that allows Paramount to merge with Warner Bros. on Monday, saying in a 45-minute press conference that the deal includes independent monitoring and will result in more jobs in Hollywood.

Wednesday, September 09, 2026

Petition Urges State AGs to Reject Paramount-WBD Concessions

www.thewrap.com: The Block the Merger Coalition has launched a new petition urging the 12 state attorneys general to reject “empty concessions” from Paramount and “hold strong” in their legal fight against its $110 billion merger with Warner Bros. Discovery.

Monday, September 07, 2026

Maybe Paramount-Warner Should Leave L.A.: Joseph Kahn Opinion Column

www.hollywoodreporter.com: However, for L.A., it’d be a death blow. The infrastructure is already suffering with vendors going out of business and crewmembers quitting. If Paramount-Warners leaves, the built-in advantage of being a mecca for filmmakers with access to top talent, props and equipment disintegrates overnight. Studio stockpiles of props, wardrobe, cranes and cameras can truck over to Nashville or Austin. Crews can suddenly live in lower-cost states and afford homes and schools for their kids. They may have to pray to Baby Jesus a little more, but a little Holy Ghost Power never hurt nobody.

Monday, April 20, 2026

From Farm Shop to High-Tech Powerhouse: A Blueprint for Rapid CNC Scaling

Modern Applications News – Metalworking Ideas For Today's Job Shop: Every Friday through Sunday in Wichita, Kansas, there's a distinctive location in the city where employees have left the building, the lights are out, but spindles hum nonstop, producing parts to exact spec, all weekend long. This is all made possible by one company's vision to take its manufacturing capabilities to the next level through technology.

Tuesday, April 07, 2026

Follow-Me announces sales partnership with Kariotis in Greece and Cyprus

LightSoundJournal.com: Follow-Me, leader in performer tracking solutions, has agreed a strategic sales partnership with Kariotis Audio & Lighting, a prominent provider of audiovisual integration solutions serving Greece and Cyprus. The arrangement encompasses the full Follow-Me product range, and marks a significant step in expanding access to advanced performer tracking technology across the Greek and Cypriot markets.

Friday, April 03, 2026

Sweetwater Expands Again

Church Production Magazine: The nation’s largest music store — located on the Sweetwater campus in Fort Wayne, Indiana — is getting even bigger. Sweetwater is unveiling a significant update to its retail store, which includes two new dedicated home audio listening rooms.

Tuesday, March 24, 2026

You've Got Mail Order—How the TDF Costume Collection Ships Rentals Across the Country

TDF: As emerging costume designers, Ariel Kregal and Gabe Bagdazian had been running into each other for years. So she wasn’t that surprised when she walked into the TDF Costume Collection in spring 2024 to rent some items and spotted Bagdazian, who had recently been hired as an In-House Designer.

Wednesday, March 11, 2026

Pacific Avenue Capital Partners Completes Acquisition of U.S. Power Chain Hoist and Chain Business from Columbus McKinnon and Launches New Standalone Company, Stuart Rush

Newswire: Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-headquartered private equity firm focused on complex corporate carve-outs and other operationally intensive situations in the middle market, today announced that an affiliate has completed the acquisition of Columbus McKinnon Corporation's ("Columbus McKinnon", NASDAQ:CMCO) U.S. based power chain hoist and chain business (the "Company"), including its associated international sales support functions.

Friday, March 06, 2026

Tait Acquires Silent House in Joining of Top Touring/Experiential Firms

variety.com: TAIT, for decades a juggernaut in providing technology and equipment for concert touring and other live experiences, has acquired Silent House, one of the foremost production studios and creative agencies in the industry, after more informally partnering for many years, it was announced Monday.

Wednesday, March 04, 2026

Climbing the Leadership Ladder

Church Production Magazine: Many of us serving in the church tech production world may not think of ourselves as natural leaders. I believe that there’s a bit of an incorrect stereotype of a leader: they have to be overly outgoing, great speakers from the platform, or even carry more experience and expertise than everyone around them.

Wednesday, February 18, 2026

Sphere Entertainment Posts 28% Q4 Revenue Jump

www.ticketnews.com: For the three months ending in Dec. 31, 2025, total company revenue increased 28% to $394.3 million, up from $308.3 million in the prior-year quarter. The company posted an operating income of $28.9 million, compared to an operating loss of $142.9 million a year earlier. Adjusted operating income rose to $128.0 million, up $95.2 million year-over-year.

Monday, February 16, 2026

Christie to sell video processing business to former owners

AV Magazine: Christie is to sell its broadcast and professional video business to its former owners Clark Williams and Jeff Wilson. The company announced an agreement in principle to sell the business to Vista PHX Crop, a new firm created by the former Vista Systems owners and industry veterans.

Wednesday, November 05, 2025

California DOJ: Hollywood Consolidation 'Does Not Serve' State

www.thewrap.com: When asked directly about the prospect of a potential sale of the media giant and whether it would sue to block it, a spokesperson for Attorney General Robert Bonta’s office told TheWrap it believes “further consolidation in markets that are central to American economic life — whether in the financial, airline, grocery or broadcasting and entertainment markets — does not serve the American economy, consumers or competition well.”

Thursday, October 30, 2025

CBS, MTV, BET hit hardest as Paramount layoffs begin- Fast Company

www.fastcompany.com: The entertainment giant began cutting around 1,000 workers on Wednesday, with twice that many pink slips expected in the days to come. In a memo to staff, new Paramount CEO David Ellison characterized the reductions, which will ultimately shrink the company by 10%, as a necessary step for the company’s long-term growth.