Business News

CBS Settles with Trump Over Kamala Harris 60 Minutes Interview Suit

CBS Settles with Trump Over Kamala Harris 60 Minutes Interview Suit

In a widely expected but still stunning decision, Paramount Global has agreed to pay $16 million to settle a lawsuit from President Trump, who sued over an October interview that 60 Minutes conducted with Kamala Harris. Under the deal, announced Tuesday evening, the money will go to Trump’s presidential library. It involves an agreement from […]

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‘Rust’ Producers Settle Lawsuit From Crew Members

‘Rust’ Producers Settle Lawsuit From Crew Members

Three crew members who worked on Rust have settled a lawsuit over the accidental shooting of the cinematographer on the film’s set. In a joint document filed last week, both sides notified the court of a deal to resolve the case. Terms of the settlement weren’t disclosed. The lawsuit stems from an incident on Oct.

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TV and Film Writing Jobs Down, Earnings Up in 2024

TV and Film Writing Jobs Down, Earnings Up in 2024

It came as no surprise to anyone when the Writers Guild of America West’s 2023 annual financial report showed that television and film writers’ earnings and employment had declined the same year that union members waged a 148-day strike against studios and streamers. But one year later, in a work stoppage-free environment, employment dipped further

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Why I Voted No On Hollywood’s 0M in Incentives

Why I Voted No On Hollywood’s $750M in Incentives

From the Hollywood sign to red carpet premieres, the film industry is one the identities of California. It’s no surprise that state leaders want to keep the industry anchored here. However, the way it is being done through hundreds of millions of dollars in targeted tax credits is shortsighted and displays a deeper problem with how the state approaches economic

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Liberty Media Clears Final Hurdle for MotoGP Buy

Liberty Media Clears Final Hurdle for MotoGP Buy

Liberty Media has got a checkered flag from the European Commission to acquire motorcycle racing circuit MotoGP. The approval allows the Formula 1 owner to buy an 86 percent stake in the MotoGP rights holder Dorna Sports. Liberty Media will pay cash for the majority stake, with the target company’s management, led by CEO Carmelo

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Ben Stiller Sapphire Reserve Ad Features David Chang and Ella Langley

Ben Stiller Sapphire Reserve Ad Features David Chang and Ella Langley

This week Chase shook up the world of premium credit cards with a major revamp of its Sapphire Reserve card. The premium credit card is turning to heavy hitters from the worlds of pop culture and food to help reintroduce the product to the market. Actor-director Ben Stiller, Nobody Wants This producers Erin and Sara

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Netflix Adding Broadcast Networks in US Unlikely Soon

Netflix Adding Broadcast Networks in US Unlikely Soon

Netflix‘s surprise deal at Cannes Lions that it would carry the TF1 channels in France immediately reverberated around the globe. When you are talking about the preeminent subscription streaming service getting into linear TV with a major broadcaster, one can understand why. “Holy shit,” texted one broadcast TV veteran Wednesday morning, sharing a link to

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