Shareholder return 1 year negative

NBCUniversal CEO Jeff Shell said execs at the company and parent Comcast are “more confident” than they were a year or two ago that investments in streaming service Peacock will soon yield profits. How soon remains a bit unclear, however. “We’ve been clear from the start that we’re going to see a return on that investment — I think we feel better about that now based on where we are,” Shell said during Comcast’s fourth-quarter earnings call. The company said Peacock had passed 20 million subscribers by the end of 2022, more than double its size at the start of the year. It added 5 million subscribers in the quarter thanks to Spanish-language World Cup coverage as well as original programming, other live sports and the addition of first-window movie titles and NBC and Bravo series that used to go to Hulu. Over the rest of the year, CEO Brian Roberts said, “subscriber cadence will follow content launches, which will fall more heavily in the second half of 2023” than … [Read more...] about NBCUniversal And Comcast Execs “More Confident” Than They Were A Year Ago In Peacock Profit Outlook, Jeff Shell Says

Kevin Fortson, the Executive Vice President of Production & Administration for Warner Bros . Unscripted Television, will retire this summer after three decades with the studio. “For the past 30 years, Kevin has been an indelible part of Warner Bros,” said Mike Darnell , President, Warner Bros. Unscripted Television. “His name has literally become synonymous with the company and the lot itself. Personally, I will miss him for his counsel, his friendship and his endless string of dad jokes. He truly is one in a million … although he would probably try to cut that budget down! He is as important to the studio as any movie or television show ever produced here, and if I had the power to do it, there would be a stage with his name on it, right next to Friends and The Big Bang Theory. He is known as the unofficial Mayor of the lot, and his constituents will miss him dearly… and no one will ever be re-elected to that position.” Fortson has been leading all aspects of … [Read more...] about Unscripted TV Exec Kevin Fortson To Retire After 30 Years With Warner Bros.

The Oscar nominations this week set off a new round of speculation about corporate image: Does it matter that Netflix ’s potential Oscar take had dropped to 16 from 36 in 2020? “I don’t give a f*ck about my corporate image and companies shouldn’t waste their time worrying about their’s.” Those were the words of Martin Davis, the only press agent ever to become CEO of a major media company. Davis’ behavior in the ‘90s reflected his views: During his decade-long tenure at Paramount, the company endured a succession of public brawls and setbacks. The Davis Doctrine is worth pondering today given the stalwart efforts of entities like Netflix, Disney and Warner Bros Discovery on image enhancement. Under Bob Chapek, Disney spent $8.3 million to reward its newly recruited PR chief, Geoff Morrell, for his stint on improving the company’s corporate image. Morrell’s four-month tenure culminated in his firing and, later, that of his boss prior to the re-anointment of Bob … [Read more...] about Peter Bart: Big Media Honchos Hunt For Ways To Accentuate The Positive In Turbulent Moment

EXCLUSIVE : Larry Wilmore is tapping into his experiences in late-night for a primetime comedy in development at ABC . Wilmore is writing, executive producing and is set to star in Lately , described as a behind-the-scenes look at the upstairs-downstairs dynamics of the people who work at a late-night talk show, sources tell Deadline. Tamara Gregory, Head of Television at Wilmore’s Wilmore Films, also executive produces. The project comes from Universal Television, a division of Universal Studio Group, where Wilmore is under an overall deal . Wilmore was host of his own late-night talk show, Comedy Central’s The Nightly Show with Larry Wilmore , which ran for nearly two years . He also appeared as “Senior Black Correspondent” on The Daily Show with Jon Stewart and more recently hosted and executive produced Wilmore, a limited weekly special talk series for Peacock. This marks Wilmore’s return to ABC, where he helped to launch Black-ish as an executive … [Read more...] about Larry Wilmore To Headline Late Night-Themed Comedy ‘Lately’ In Works At ABC

Stubborn and iconoclastic as always, Jean-Luc Godard has passed to another realm –and by his own choice–at age 91. Ever impudent and exasperating, forever pushing boundaries but remaining elusive, and an artist in every fiber of his being, Godard always did exactly what he wanted to do; for a few years many followed him ardently, and for lots of us in the 1960s he led the way into a vastly exciting and personal form of cinema. Thereafter he went entirely his own way, losing most of his audience but remaining at the forefront of exploring what cinema is, could be, and, sometimes, what it absolutely shouldn’t be. The official obituaries and tributes will certainly convey Godard’s importance and influence through the 1960s, the way he helped liberate cinema from its literary and orderly appearance to something far more energized, unexpected, jarring and often exhilarating. Although Godard consumed and brilliantly wrote about the existing cinema as a young critic, he … [Read more...] about Godard Is Gone: A Remembrance Of The Stubborn & Iconoclastic Film Director

IMAGN Rui Hachimura made his debut as the Los Angeles Lakers' newest addition on Wednesday ... but a lot of his fans back home missed out on the action -- 'cause the historic moment caused the NBA's streaming service in Japan to crash. The Lakers acquired the 24-year-old from the Washington Wizards earlier this week ... shipping Kendrick Nunn and a handful of second round picks to secure the deal -- making Rui the first Japanese-born player in Lakers franchise history. Fans were quick to complain on social media about not being able to watch Rui check in towards the end of the first quarter of the Lakers' home win over the San Antonio Spurs ... forcing the streaming service to address the issue. Rakuten -- the Association's official streaming partner in Japan since 2017 -- released a statement on the matter ... saying, "Starting around 12:20 PM Japan Time on Thursday, January 26, the NBA Rakuten site became inaccessible when a sudden surge in user traffic caused … [Read more...] about Rui Hachimura’s Lakers Debut Crashes Streaming Service In Japan

Noah Cowan , former co-director of the Toronto Film Festival and executive director of SFFILM in San Francisco, died Wednesday of cancer in Los Angeles, Deadline has confirmed. He was 55. Cowan died of glioblastoma multiforme, an aggressive form of brain cancer he was diagnosed with in December 2021. Born on July 22, 1967, in Hamilton, Ontario, he joined TIFF in 1984 as a box office staffer after volunteering with the fest in summer 1981. He later ran its print traffic department before becoming one of the programmers of TIFF’s Midnight Madness program in 1989. He was promoted to Program Administrator in 1992, and co-ran Midnight Madness with Colin Geddes in 1997. Cowan served as TIFF’s international programmer from 1997-2001, during which time he was promoted to associate director of programming and then associate director. He left the festival in 2001 but returned three years later as co-director, serving in the role until 2008. From 2008-14, he was artistic … [Read more...] about Noah Cowan Dies: Former Toronto Film Festival Co-Director, Indie Distributor & SFFILM Exec Was 55

EXCLUSIVE : Prolific character actor David Dastmalchian has today announced the launch of his genre-focused production company, Good Fiend Films , which will look to produce character-driven projects across horror, sci-fi and fantasy for film, television, audio and publishing. Dastmalchian, who has recently been seen in such blockbusters as Dune and The Suicide Squad , envisions his shingle as a home for stories about complex characters from all walks of life. Good Fiend Films will aim to generate nostalgic, entertaining content that captivates audiences while reminding them they’re not alone in this scary world. First up on the docket for the company is the horror Late Night with the Devil , starring Dastmalchian as the 1970s late-night talk show host Jack Delroy, on which both the actor and his company hold contributing production credits. The film from writer-directors Colin and Cameron Cairnes, Image Nation Abu Dhabi and Spooky Pictures will make its world … [Read more...] about David Dastmalchian Launches Production Company Good Fiend Films

The cinematic adaptation of The 1619 Project , the Pulitzer Prize-winning New York Times essay series that accelerated the vociferous debate over Critical Race Theory, makes its debut on Hulu tonight . If history is a guide – and that’s what the whole series is about – the documentary series will prove as polarizing as the original version. Nikole Hannah-Jones , the architect of the Times ’ project, serves as the guiding presence in the series, which aims at nothing less than reframing “the country’s history by placing the consequences of slavery and the contributions of Black Americans at the very center of the United States’ national narrative,” as the newspaper put it when The 1619 Project reached readers in August 2019. The journalist and now university professor’s opening essay for the Times’ initiative became the basis for episode 1 of the six-part series. “We wanted from the very beginning to subvert this idea about American democracy and the way … [Read more...] about ‘The 1619 Project’ Debuts On Hulu Tonight, Promising To Reignite Debate Over Critical Race Theory And America’s Undeniable History

Twitter / @PRADAXBBY The supermodel gone viral for taking a tumble at the Valentino Fashion Show in Paris is saying the blame is all on her ... after people online started pointing fingers at the company for the way they design their shoes. Kristen McMenamy took to Instagram Thursday, after a clip of her taking the hard fall -- then ripping her high heels off -- picked up steam online. She thanked the luxury brand and fashion designer Pierpaolo Piccioli for the opportunity, before adding "I f***ed up." For those unaware, many put the blame on Valentino, not Kristen, for the slip up ... saying it appeared the shoes she wore looked too small for her to walk in, or that she was given the wrong size. . pic.twitter.com/FjUuWSA0wG — Kanavis (@KanavisLLama) January 26, 2023 @KanavisLLama Kristen later returned to the runway without the heels, but many pointed out she still seemed to be walking awkwardly. A rep for Valentino tells TMZ … [Read more...] about Valentino Supermodel Takes Blame For Fall At Paris Fashion Show Runway