Business

Aug
30
2021
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By Troy Warren
“We Feared Mass Eradication”: Theater Owners Air Anxieties at an Unusual CinemaCon

“We Feared Mass Eradication”: Theater Owners Air Anxieties at an Unusual CinemaCon

Business, Entertainment, ,
BY CAROLYN GIARDINA, AARON COUCH Troy Warren for CNT #Business #Entertainment During the pandemic-era Las Vegas convention, Sony Pictures chief Tom Rothman trotted out "It's the window, stupid" as a mantra as studios previewed movies highlighted by 'Matrix 4,' 'No Time to Die' and 'Spider-Man: No Way Home.' Following a devastating 18 months, theater owners returned to Las Vegas for CinemaCon to begin planning the industry’s next act.  The Hollywood Reporter headed to Caesars Palace — the smell of casino cigarette smoke heavy even under our masks — to chronicle the mood as cinema owners braced for more uncertain times. This year’s convention, held Aug.…
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Aug
28
2021
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By Troy Warren
Doc Studio XTR Launches Podcast Division

Doc Studio XTR Launches Podcast Division

Business, Digital, ,
BY MIA GALUPPO | HollywoodReporter.Com Troy Warren for CNT #Business #Digital Radio XTR will launch with 'Human Drama Thing', hosted by 'This American Life' contributor Davy Rothbart and KCRW's David Weinberg. XTR — the documentary studio behind titles including Hulu’s Homeroom and Neon’s Ailey — is getting into podcasting with new division XTR Radio. The division will launch with the documentary deep-dive show Human Drama Thing, hosted by Emmy Award-winning filmmaker This American Life contributor Davy Rothbart and KCRW’s David Weinberg. Set to premiere this fall, the series will delve into titles like Paris is Burning, Roger & Me and Wild, Wild Country with Oscar-winning filmmakers, doc fanatics and subjects. “As a lifelong documentary…
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Aug
26
2021
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By Troy Warren
How the ‘Black Widow’ Battle Could Break the Mold on Hollywood Dealmaking

How the ‘Black Widow’ Battle Could Break the Mold on Hollywood Dealmaking

Business, Entertainment, ,
BY ERIQ GARDNER | HollywoodReporter.Com Troy Warren for CNT #Business #Entertainment In the past, a little ambiguity in entertainment contracts wasn't necessarily a bad thing, but Disney's reaction to Scarlett Johansson has lawyers less willing to leave things between the lines. When Scarlett Johansson sued Disney on July 29 over her Black Widow pay, one community in Hollywood took the development especially personally: the ranks of transactional attorneys who negotiate deals for top talent. For many of them, the suit over the film’s concurrent release in theaters and on Disney+ not only highlights the complexity of compensation in the streaming era, it’s also evidence of…
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Aug
25
2021
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By Troy Warren
Fox Invests in Blockchain Distribution and Monetization Platform Eluvio

Fox Invests in Blockchain Distribution and Monetization Platform Eluvio

Business, Digital, , ,
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital In a deal valued at $100 million, Eluvio will provide the technology powering Fox Entertainment and Bento Box Entertainment's NFT arm, Blockchain Creative Labs. Fox Corp. is deepening its commitment to cryptocurrency with a new investment into Eluvio, an end-to-end platform for managing, distributing and monetizing content on the blockchain, the companies said on Wednesday. As part of the investment, which was valued at $100 million, Eluvio will provide the underlying technology powering Blockchain Creative Labs, an NFT company from Fox Entertainment and Bento Box Entertainment. Fox’s chief technology officer and president of…
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Aug
25
2021
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By Troy Warren
Delta to levy $200/mth health care surcharge on unvaccinated employees

Delta to levy $200/mth health care surcharge on unvaccinated employees

Business, Editors Picks, In The News, ,
By Kelly Yamanouchi, The Atlanta Journal-Constitution Troy Warren for CNT #EditorsPicks #Business Atlanta airline also introduces weekly COVID-19 testing for holdouts Delta Air Lines plans to charge employees who haven’t been vaccinated against COVID-19 an extra $200 a month beginning in November as part of the company’s health care plans. Atlanta-based Delta, which cited high hospitalization costs, also will require unvaccinated employees to be tested weekly for the coronavirus starting Sept. 12 while cases are high. About 75% of the airline’s 75,000 employees are already vaccinated, and the company already requires new hires to get shots. Others have been advocating more strongly for vaccine mandates since…
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Aug
22
2021
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By Troy Warren
Glendale: Boost for business or ‘huge hit’? Westgate businesses look ahead after Glendale cuts ties with Coyotes

Glendale: Boost for business or ‘huge hit’? Westgate businesses look ahead after Glendale cuts ties with Coyotes

Business, City News, In The News, ,
Joshua Bowling | Arizona Republic Troy Warren for GlendaleNewsAndTalk.Com   Glendale says it won't renew the lease of one of its most high-profile tenants. Now, the Arizona Coyotes' neighbors will have to wait and see if business takes a hit in the team's absence. Glendale on Thursday announced it was cutting ties with the NHL team after the upcoming season, which starts in October. The plan is to put millions into renovations at Gila River Arena and pack it year-round with "more impactful" events. City Manager Kevin Phelps touted the decision as a savvy financial move for the city, the entertainment district and…
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Aug
21
2021
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By Troy Warren
Disney Makes First Move in Scarlett Johansson’s ‘Black Widow’ Suit

Disney Makes First Move in Scarlett Johansson’s ‘Black Widow’ Suit

Business, , ,
BY ERIQ GARDNER | HollywoodReporter.Com Troy Warren for CNT #Business Pushing for arbitration, Disney's lawyers update the movie's box office and streaming take, saying it has outgrossed some other Marvel films with an "impressive pandemic-era showing." Disney is demanding that Scarlett Johansson’s suit over her Black Widow pay be moved to arbitration. The filings came near midnight on Friday evening in Los Angeles Superior Court. The company has also revealed that on Aug. 10, it initiated arbitration against her. In her complaint, Johansson alleges her contract was breached when the superhero film was released on Disney+. The actress earns bonuses when Black Widow reaches certain box office…
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Aug
18
2021
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By Troy Warren
Target reports strong in-store sales as online sales come back to earth

Target reports strong in-store sales as online sales come back to earth

Business, In The News,
By The Associated Press Troy Warren for CNT #Business Target’s streak of strong results extended into its latest quarter, but its skyrocketing online sales growth has come back to earth. The Minneapolis retailer reported Wednesday that sales at its stores that have been open for at least a year rose 8.7% in the three-month period that ended July 31. That was on top of a 10.9% growth in the same 2020 span. And like Walmart, Target saw a slowdown from last year’s blistering online sales growth as more shoppers came out of their pandemic-forced isolation. Target’s online sales rose 10% its…
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Aug
18
2021
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By Troy Warren
Some customers’ personal data exposed in T-Mobile breach

Some customers’ personal data exposed in T-Mobile breach

Business, Digital, In The News, ,
By The Associated Press Troy Warren for CNT #Business NEW YORK — The names, Social Security numbers and information from driver’s licenses or other identification of just over 40 million former and prospective customers that applied for T-Mobile credit were exposed in a recent data breach, the company said Wednesday. The same data for about 7.8 million current T-Mobile postpaid customers appears to be compromised. No phone numbers, account numbers, PINs, passwords or financial information from the nearly 50 million records and accounts were compromised, it said. T-Mobile also confirmed that about 850,000 active T-Mobile prepaid customer names, phone numbers and…
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Aug
18
2021
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By Troy Warren
People now spend more at Amazon than at Walmart

People now spend more at Amazon than at Walmart

Business, Editors Picks, In The News, ,
By Karen Weise - The New York Times Michael Corkery - The New York Times Troy Warren for CNT #Business SEATTLE — Amazon has eclipsed Walmart to become the world’s largest retail seller outside China, according to corporate and industry data, a milestone in the shift from brick-and-mortar to online shopping that has changed how people buy everything from Teddy Grahams to teddy bears. Propelled in part by surging demand during the pandemic, people spent more than $610 billion on Amazon over the 12 months ending in June, according to Wall Street estimates compiled by the financial research firm FactSet. Walmart on Tuesday…
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