Att workforce reduction 2022

The highest grossing movie of 2022 at the domestic B.O. in pure calendar days and second highest grossing worldwide, Paramount’s Top Gun: Maverick ($718.3M U.S., $1.488 billion) has been named the best movie of last year by Rotten Tomatoes . The news comes in the wake of Top Gun: Maverick scoring six Oscar nominations including Best Picture, Editing, Sound, VFX, Adapted Screenplay (from Ehren Kruger, Christopher McQuarrie, Eric Warren Singer, Peter Craig and Justin Marks) as well as Lady Gaga and BloodPop’s original song “Hold My Hand”. The pic landed a 96% certified fresh grade from critics off 464 reviews and a 99% fresh on their audience meter. The Tom Cruise starring, Joseph Kosinski directed sequel which was held through the pandemic for a big screen release, notched a rare A+ CinemaScore, too. Rotten Tomatoes’ top pics of 2022 was ranked by the media site. Other movies in the top ten include Searchlight’s The Banshees of Inisherin (97% certified fresh), … [Read more...] about ‘Top Gun: Maverick’ Named Best Film Of 2022 By Rotten Tomatoes

Fox Corp. matched Wall Street expectations for its fiscal second quarter, powered by NFL football in the U.S. and football at the World Cup. The company reported total revenue in the quarter ending December 31 of $4.61 billion, up 4% from the year-earlier period, and earnings of 48 cents a share. Affiliate fee revenues rose 1% thanks to 6% growth at the Television unit. Ad revenue climbed 4%, no mean feat in a tough economic climate, mostly due to the World Cup in Qatar and strong NFL results at Fox Sports. Other boosts came from political spending at the company’s local stations and growth for streaming service Tubi. The category of “other revenue” increased 13%, which the company said was primarily due to the December acquisition of Mar Vista Entertainment and higher Fox Nation subscription revenue. Fox has not disclosed subscriber numbers for Fox Nation, which launched in 2018. It is the first quarterly report for Fox since the company and its corporate sibling, … [Read more...] about Fox Corp. Ad Revenue Climbs 4% In A Tough Quarter, Boosted By NFL And World Cup

Recent Grammy winner Bad Bunny , Christina Aguilera and Jeremy Pope will be honored at the 34th annual GLAAD Media Awards next month for advancing and supporting the LGBTQ community. Bad Bunny — Spotify’s most-streamed artist in the world last year — will receive the Vanguard Award for having made “a significant difference in promoting acceptance of LGBTQ people and issues.” Five-time Grammy winner Aguilera will receive the Advocate for Change Award for having “changed the game for LGBTQ people around the world.” And Pose alum and two-time Tony nominee Pope will receive the Stephen F. Kolzak Award for having made “a significant difference in raising visibility and promoting acceptance of LGBTQ people and issues.” Read bios for all three below. The awards show will be handed during the March 30 ceremony at the Beverly Hilton. RELATED: 2023 Awards Season Calendar – Dates For The Oscars, Guilds & More Bad Bunny’s advocacy and outspoken allyship for the … [Read more...] about GLAAD Media Awards: Bad Bunny, Christina Aguilera & Jeremy Pope Set For Honors

Pretty Ricky's Baby Blue is now a free man, kind of, after serving a little over a year in his PPP fraud case, and his bandmates were there to greet him upon release. The Federal Bureau of Prisons tells TMZ Hip Hop ... Baby Blue was released Tuesday from the Federal Correctional Institution Coleman Low in Florida. The 38-year-old pled guilty to conspiracy to commit wire fraud in August 2020, and was sentenced to 20 months in prison ... which he started serving in February 2022. Blue was transferred to the BOP's Miami Residential Reentry Management Office, which oversees inmates transitioning back to public life. He will stay in community confinement -- either home detention or a halfway house -- until he is officially released from custody on April 4. Upon his release, Blue was surprised by Pleasure P and Spectacular , Blue's actual brother, who both excitedly live streamed the moment as they promised to celebrate in various ways ... but Baby Blue … [Read more...] about Pretty Ricky’s Baby Blue Released From Prison, Owes $1 Million Restitution

EXCLUSIVE: Academy Award-winner Alexander Dinelaris ( Birdman , The Revenant ) is teaming up with multihyphenate René Pérez Joglar, known professionally as Residente , to co-write the new film Porto Rico . Porto Rico is a historical drama based on the life of Puerto Rican revolutionary, José Maldonado Román, known as Águila Blanca (White Eagle), set on the island in the late 19th century. Maldonado Román fought against colonialism by leading a gang of ex-convicts to vindicate Puerto Rico as it sought its identity as a country. “It has been amazing to work with Alex,” said Residente in a statement about the screenwriter he was introduced to by Alejandro Gonzalez-Iñarritu. “It took me a while to find a great writer because I was looking for someone who not only is talented but also connects with the subject matter. I found both in Alex, an amazing writer who is highly skilled at dialogues as was evident in Birdman ,” he added. Residente and Dinelaris … [Read more...] about ‘Birdman’s Alexander Dinelaris & Residente Scripting New Film ‘Porto Rico’

EXCLUSIVE: United Talent Agency is trimming its personnel with cuts in several departments. According to sources, mostly admin/support staff are impacted, with the total number of layoffs in the low single-digits as a percentage of the company’s overall workforce. “We’ve grown a great deal over the last several years, and as a result decided to make some adjustments,” a spokesperson for the agency said in a statement to Deadline. “We’re unfortunately parting ways with a small number of colleagues and are grateful for everything they’ve contributed.” UTA has been on an acquisition spree over the past two years, buying such companies as UK agency Curtis Brown , publishing agency Fletcher & Company and MediaLink , a media and marketing advisory firm. Facing a possible economic downturn, many entertainment and tech companies have undergone layoffs in the past several months, with more cuts expected this year. Talent agencies previously reduced staffs during the … [Read more...] about UTA Undergoes Layoffs In Multiple Departments

Disney is moving back closer to how things used to be run on the content side with the creation of a new Disney Entertainment unit that will encompass TV and film. This new corporate division, which will sit separate to ESPN and the Parks, Experiences & Products unit, will be led by Dana Walden and Alan Bergman . The Walt Disney Company CEO Bob Iger just revealed the new structure on the company’s latest earnings call, as part of a “ significant transformation ” at the company that he said would “maximize the potential of our world-class creative teams”. It officially dismantles Disney Media & Entertainment Distribution, created by former CEO Bob Chapek and run by Kareem Daniel, who left last year. This unit separated the the way content and distribution decisions were made and took decision making power away from the creative teams. “Our new structure is aimed at returning greater authority to our creative leaders, and making them accountable for how … [Read more...] about Dana Walden & Alan Bergman To Oversee New Disney Entertainment Unit

UPDATED with closing stock price: Disney stock closed at $86.75 a share, down more than 13% as investors punished the company for its disappointing quarterly earnings report and weak earnings forecast. The single-day plunge was the biggest for Disney shares since the onset of Covid in the U.S. in March 2020, when it also fell 13%. The shares have fallen more than 43% in 2022 to date, compared with a drop of less than 10% for the Dow Jones Industrial Average. PREVIOUS: Disney stock has fallen more than 11% today on double its normal trading volume, as investors recalibrate their expectations in light of a shaky quarterly earnings report. At $88.53, Disney shares were at their lowest point since they dipped into the $80s for a couple of trading days during Covid lockdowns in March 2020. Prior to that, the last time the stock closed at or below $86.75 was in 2015. Bears seized on the company’s much-lower-than-expected profit forecast as well as a significant … [Read more...] about Disney Stock Plunges 13% To New Multi-Year Low On Earnings Miss, Weak Profit Outlook – Update

TMZ.com Rep. Nancy Pelosi says she isn't hearing so much as a peep from across the aisle when it comes to apologies for Republican conspiracy theories about the attack on her husband, Paul Pelosi . We got the former Speaker of the House Wednesday morning in D.C. on the heels of President Biden 's State of the Union address -- where both Pelosis were front and center -- and asked if anyone in the GOP has shown contrition for fueling misinformation about her husband ... especially after the brutal body cam was released . Getty As it turns out ... nobody has, according to NP -- who also gave us an update on Paul's recovery in general. Sounds like things are looking up, and he's almost on the other side of this. He certainly looked good at the SOTU ... cozying up to Bono in the balcony seats. When it comes to this apology, though -- it's telling that no Republican has circled back to correct the record, including Sen. Ted Cruz … [Read more...] about Nancy Pelosi Says No Republicans Apologizing for Paul Conspiracy Theories