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☆ ‘It sucks for all of us.’ Charles Barkley says the quiet part aloud as TNT’s NBA future in doubt
▼ + stars: | 2024-05-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —The situation at Warner Bros. Discovery’s TNT network “sucks, plain and simple,” Charles Barkley bluntly said Thursday. Barkley, who said he feels “so bad for the people” he works with, laid blame at the feet of the “clowns” atop WBD. Wall Street has responded quite negatively to the possibility WBD, which has built a programming slate around the NBA, could lose the rights to air the games. And TNT has built a programming slate around the NBA games, most notably the highly rated “Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question.

Persons: ” Charles Barkley, NBA ”, Dan Patrick, ”, Barkley, ” Barkley, David Zaslav’s, Adam Silver, Turner, Bloomberg’s Lucas Shaw, WBD, “, Shaw, ” Shaw, Joe Flint, Amol Sharma, Isabella Simonetti, Zaslav, Venu, That’s, Gunnar Wiedenfels, Wiedenfels, ” Wiedenfels, there’s, you’ve Organizations: CNN, Warner Bros, TNT, NBA, Turner, Comcast, WSJ, WBD, NCAA, MLB, NHL, NASCAR, College Football, ESPN —, Disney, Fox Corp, Morgan’s Technology, Media & Communications Locations: WBD

☆ Why Paramount's problems should worry the rest of the media giants
▼ + stars: | 2024-02-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

Paramount is in trouble: The one-time media giant's ad sales are plummeting, and so is its stock price. This week, the day after the company broadcast the Super Bowl to a record-setting number of viewers, it announced companywide layoffs. AdvertisementBut why should you, a person who doesn't work at Paramount, care about the future of the company? But even under the best-case scenario, it would be hard for Paramount or any other traditional media company to survive the transition to streaming and digital. Which is why two of the biggest traditional giants — Time Warner and Rupert Murdoch's Fox — took the opportunity to sell most of themselves in 2016 and 2017.

Persons: Lucas Shaw, they're, Shaw, Sumner Redstone, Redstone's, Shari, — Time Warner, Rupert Murdoch's Fox — Organizations: Paramount, Bloomberg Businessweek, Hollywood, Disney, Warner Bros Discovery, — Time Locations: Silicon Valley, China, Hollywood

☆ The WGA strike might be ending, but Hollywood’s bigger problems aren’t
▼ + stars: | 2023-09-25 | by ( Brian Lowry | ) edition.cnn.com time to read: +7 min

Demonstrators carry signs during the WGA strike in New York City in May. Leonardo Munoz/AFP via Getty ImagesWhatever the outcome of this battle, though, there are signs Hollywood overall is losing the war. Now with streaming gains slowing, the revenues from those new subscribers aren’t fully offsetting what’s being lost. That’s bad for the creative class.”So, were there “winners” and “losers” in the writers’ strike? To the extent the strike left their fall TV lineups looking relatively bare, this was a loss for them and gift to the streaming services.

Persons: –, Frederic J . Brown, Leonardo Munoz, they’re, “ Barbie ”, “ Oppenheimer, Indiana Jones, ”, CHRIS DELMAS, ’, Bloomberg’s Lucas Shaw, Strong ”, Oscar, Drew Barrymore, Bill Maher, Barrymore Organizations: CNN, Guild of America, WGA, Netflix, ”, Getty, Hollywood, Disney, Charter Communications, ESPN, SAG, Warner Bros, of America Locations: AFP, New York City

☆ Hollywood’s math problem: Getting paid for streaming ‘hits’ first means identifying them
▼ + stars: | 2023-08-07 | by ( Brian Lowry | ) edition.cnn.com time to read: +5 min

The problem with that is audience levels aren’t the only metric when weighing the value of streaming series. "The Lord of the Rings: The Rings of Power," starring Morfydd Clark, was a major investment for Amazon's Prime Video. Matt Grace/Prime VideoThis premium-TV strategy of stirring conversation is something HBO understood long before streaming became a competitor. Even if you didn’t watch “The Wire” or “Boardwalk Empire,” getting HBO meant hanging around with the cool kids. Jenna Ortega as Wednesday Addams in the Netflix series "Wednesday."

Persons: Lucas Shaw, Power ”, Morfydd Clark, Matt Grace, ”, you’re, Kai ”, Jenna Ortega, Wednesday Addams Organizations: CNN, Bloomberg, Netflix, Amazon, Amazon's, HBO, Hollywood

☆ Netflix co-CEO Ted Sarandos says the company has 'never canceled a successful show' after ditching '1899'
▼ + stars: | 2023-01-26 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Netflix's co-CEO Ted Sarandos told Bloomberg that the company has "never canceled a successful show." "We have never canceled a successful show," Netflix co-CEO Ted Sarandos recently told Bloomberg after Bloomberg's Lucas Shaw said there are "constantly people outraged about shows getting canceled." "A lot of these shows were well-intended but talk to a very small audience on a very big budget," Sarandos said. "The key to it is you have to be able to talk to a small audience on a small budget and a large audience at a large budget. But the company has also canceled plenty of other shows after a few, or even just one, season.

☆ DC's 'Black Adam' will likely fizzle at the box office without a China release, as Marvel's 'Wakanda Forever' threatens to halt its momentum
▼ + stars: | 2022-11-08 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

DC's "Black Adam" cost nearly $200 million to make and has earned $321 million globally. It doesn't have a China release yet, and Marvel's "Black Panther: Wakanda Forever" opens this weekend. With Marvel's "Black Panther: Wakanda Forever" hitting theaters this weekend, "Black Adam" will likely quickly fizzle at the box office. The first "Black Panther" grossed $202 million in its first weekend in the US, more than the $138 million "Black Adam" has earned in three weekends. On its current trajectory, "Black Adam" is on the way to being a box-office disappointment.

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