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☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
  + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +9 min
Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.
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☆ Amazon Studios is growing fast and spending big on shows like 'Citadel,' but insiders say unclear creative direction, leadership shifts, and tech bureaucracy threaten to drive away staff and talent
  + stars: | 2023-02-10 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com   time to read: +20 min
The dust has been settling at Amazon Studios after a big reorg in the fall that solidified Jen Salke's power. Yet Amazon Studios faces major challenges. Amazon Studios' Head of Global Television Vernon Sanders told Insider that the goal is to deliver content with global cultural relevance. Amazon Prime VideoWhile spending on such big swings has soared, some insiders see far less budgetary support for underrepresented casts. "I do think people wonder what's the commitment to Amazon Studios," the current insider said.
☆ HBO is No. 1 as 14 TV insiders rank the streamers where they want to sell shows: Apple's a big spender and 'there's a sheen when you're a Hulu show,' but there's 'fear in the air' at Netflix
  + stars: | 2022-11-28 | by ( Elaine Low | Lucia Moses | ) www.businessinsider.com   time to read: +19 min
"It's definitely been not the most exciting and robust year," said one TV agent at a major agency. Around 70 people at HBO and HBO Max have been let go this year, and their comedy development teams have merged. While WBD doesn't break out streamer-specific figures, it said on Thursday's earnings call that HBO Max, HBO, and Discovery+ have a combined 94.9 million subscribers, ensuring that any show on HBO Max has the chance to get a lot of eyeballs. They'll also take smaller swings in the genre department, do things at a lower budget," said the second TV agent. Echoed the first TV agent: "You pitch and sell to them if no one else wants it."
☆ 14 TV insiders rank the streamers where they want to sell shows now as Apple TV+ closes in on HBO Max amid turmoil at Warner Bros. Discovery
  + stars: | 2022-11-08 | by ( Elaine Low | Lucia Moses | ) www.businessinsider.com   time to read: +19 min
"It's definitely been not the most exciting and robust year," said one TV agent at a major agency. Around 70 people at HBO and HBO Max have been let go this year, and their comedy development teams have merged. While WBD doesn't break out streamer-specific figures, it said on Thursday's earnings call that HBO Max, HBO, and Discovery+ have a combined 94.9 million subscribers, ensuring that any show on HBO Max has the chance to get a lot of eyeballs. They'll also take smaller swings in the genre department, do things at a lower budget," said the second TV agent. Echoed the first TV agent: "You pitch and sell to them if no one else wants it."
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