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☆ Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
▼ + stars: | 2023-11-03 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

A Starz spokesperson declined to comment on the number of cuts but confirmed the authenticity of the letter to staff. Lionsgate and Starz have been part of the same company since December 2016, when Lionsgate acquired Starz for $4.4 billion. That marriage will end in the first quarter, when the company plans to spin Lionsgate as a separately traded company. Starz announced last quarter it planned to exit Latin America to focus on the U.S., U.K. and Canada. Starz ended last quarter with about 12 million domestic streaming subscribers and about 20 million total customers when including those who sign up through traditional pay TV.

Persons: Jeffrey Hirsch, Hirsch Organizations: Starz, CNBC, Lionsgate, E Networks, Paramount, BET Locations: Australia, America, Canada

☆ Stocks making the biggest moves midday: Expedia, Paramount Global, DraftKings, Block and more
▼ + stars: | 2023-11-03 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Expedia — Shares surged 17% during midday trading Friday, a day after the vacation booking platform delivered a stronger-than-expected earnings report for the third quarter. Analysts polled by LSEG forecasted earnings of $4.93 per share and $3.86 billion in revenue. Paramount Global — The media conglomerate stock climbed 12% after reporting a third-quarter earning s beat on the top and bottom line. On Thursday, the company reported an adjusted 30 cents per share on $7.13 billion in revenue, while analysts polled by LSEG forecast 10 cents and $7.10 billion. The company reported revenue of $285.9 million against estimates from analysts polled by FactSet of $275 million.

Persons: Expedia, Bill Holdings, KeyBanc, DraftKings, Carl Icahn, Insulet, Gartner, FactSet, —, Jesse Pound, Hakyung Kim, Alex Harring, Darla Mercado Organizations: LSEG, Apple, Paramount Global, Wall, FactSet, Revenue, Bank of America, Citi, JPMorgan Chase —, JPMorgan, Gartner, Lionsgate Entertainment, CNBC, Starz, Lionsgate Locations: CashApp

☆ Hasbro, Mattel shares plunge as toymakers forecast a lackluster holiday season
▼ + stars: | 2023-10-26 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Shares of Hasbro and Mattel sank on Thursday, as both toymakers suggested sales will slow in the fourth quarter. The companies face challenges entering the critical fourth quarter, they said as they separately reported third-quarter earnings. Toys and games, products both Hasbro and Mattel are known for, could be on the chopping block this season as consumers watch their spending. Mattel's implied fourth quarter guidance on toy sales offered Wednesday also spooked Wall Street, despite its strong third-quarter results. Hasbro's revenue fell 10% for the quarter compared to the year-ago period, largely driven by decreases in its consumer and entertainment segments.

Persons: Chris Cocks, Mattel's Organizations: Hasbro, Mattel, Citi Research, LSEG, Lionsgate

☆ 'The Hunger Games' to be turned into London stage play
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

A fan waits at the premiere of "The Hunger Games: Mockingjay - Part 2" in Los Angeles, California November 16, 2015. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsLONDON, Oct 24 (Reuters) - "The Hunger Games" is set to open at a London theatre next year in the first live stage adaptation of Suzanne Collins' novels and the hugely successful film franchise. "To receive Suzanne Collins’ blessing to adapt ‘The Hunger Games’ for the stage is both humbling and inspiring. "In a world where the truth itself seems increasingly up for grabs, ‘The Hunger Games’ beautifully expresses values of resilience, self-reliance and independent moral inquiry for younger people especially. Collins said she was "very excited" to be collaborating with McPherson and Dunster "as they bring their dynamic and innovative interpretation of ‘The Hunger Games’ to the London stage".

Persons: Mario Anzuoni, Suzanne Collins, Conor McPherson, Oscar, Jennifer Lawrence, Katniss Everdeen, Matthew Dunster, Suzanne Collins ’, McPherson, Collins, Dunster, Rachel Zegler, Tom Blyth, Viola Davis, Marie, Louise Gumuchian, Nick Macfie Organizations: Lionsgate, Shakespeare's Globe, Thomson Locations: Los Angeles , California, U.S, Irish, Panem

☆ Hollywood insiders are bracing for M&A activity to make a comeback, as 10 experts reveal the deals they're predicting
▼ + stars: | 2023-10-17 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +12 min

"The unknown is hard to transact in," Sam Powers, the global head of technology, media, and telecommunications for Bank of America, told Insider. Microsoft's $69 billion acquisition of Activision , which was completed Thursday, has also put media and tech M&A back in the spotlight. "People have been holding their breath in nervous anticipation" about the idea of tech buying big media , one investor told Insider. Private-equity bets on media and Hollywood have seen mixed resultsPrivate-equity firms may have the cash to finance major media acquisitions, but they're reckoning with market volatility. Are you a Hollywood insider?

Persons: Hollywood dealmakers, Jonathan Handel, Sam Powers, Bob Iger, —, Byron Allen, Greg Doherty, Iger, Disney's, Byron Allen —, Allen, Disney, it's, Handel, It's, you've, Reese Witherspoon, Dave Kotinsky, Moonbug, Reese Witherspoon's, Jeff Zucker, Abu, Tom Staggs, Kevin Mayer, Lucia Moses, Reed Alexander Organizations: Hollywood, Puck News, Bank of America, SAG, Writers Guild of America, Disney, ESPN, Activision, Byron Allen The Weather, Wall Street shareholders, Bureau of Labor Statistics, Hulu, ABC, Nexstar Media Group, Allen Media Group, Weather, Lionsgate, Starz, Paramount, BET, Warner Bros, Games, Disney Digital Network, Maker Studios, Observers, Comcast, Paramount Global, Tech, MGM, Microsoft, Netflix, Apple, RedBird Capital Partners, RedBird IMI, Private, SP, G Global Market Intelligence, Bloomberg, Media, Apollo Global Management, Yahoo Locations: Hollywood, Blackstone, Abu Dhabi, lmoses@insider.com, ralexander@insider.com

LOS ANGELES (AP) — “The Exorcist: Believer” spun heads and drove off all foes at the box office. But while it nearly earned back its reported budget of $30 million in just a few days, the take for “The Exorcist: Believer” was underwhelming after the two companies paid $400 million in 2021 for the rights to a new trilogy. Another horror sequel, “Saw X,” was third for Lionsgate Films, with $8.2 million, and has brought in $32.6 million after two weekends. “The Exorcist: Believer,” $27.2 million. “Saw X,” $8.2 million.

Persons: —, ”, “, William Friedkin, David Gordon Green, “ Hamilton, Leslie Odom Jr, Lidya Jewett, Jake Coyle, “ Barbie, Comscore Organizations: ANGELES, Universal Pictures, Blumhouse Productions, Paramount Pictures, Lionsgate Films, Rotten, The Associated Press Locations: North America, Venice

The performances of all four films – “PAW Patrol: The Mighty Movie,” “Saw X,” “The Creator” and “Dumb Money” – told a familiar story at the box office. “PAW Patrol,” from Paramount Pictures and Spin Master, had timing on its side. A third “PAW Patrol” movie has already been green-lit. Sony Pictures’ “Dumb Money,” expanded nationwide after two weeks of limited release but failed to ignite the kind of populist movement it irreverently dramatizes. Made for $30 million, “Dumb Money” wasn’t a massive bet.

Persons: ”, ” –, Brian Robbins, Chris Rock, Tobin Bell, James Wan’s, Gareth Edwards, John David Washington, “, Craig Gillespie, Paul Dano, Pete Davidson, Seth Rogen, Anthony Ramos, Jonathan Demme, Comscore, “ Barbie Organizations: Paramount Pictures, Nickelodeon, Paramount, Lionsgate, New Regency, Disney’s, Century Studios, Sony Pictures, GameStop, Hollywood Locations: Venice

☆ Battle the turmoil with these elite defensive stocks loved by Wall Street
▼ + stars: | 2023-09-25 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Wall Street largely took documents from the meeting and comments from Federal Reserve chair Jerome Powell to imply higher-for-longer interest rates. Against this backdrop, here's the list of defensive stocks to play a mixed market, compiled using the new CNBC Pro stock screening tool . All stocks on the list meet the following criteria: Beta rating, which measures a stock's implied risk to market moves, under one. A beta rating above one typically indicates higher volatility. Fast-food giant McDonald's has a 0.65 beta rating, and its stock has added about 3% from the start of the year.

Persons: Jerome Powell, Powell, Mondelez Organizations: CNBC Pro, Federal, Fed, Nasdaq, Dow Jones, Kroger, Friday's, KR, Hasbro, Lionsgate, Bunge

LOS ANGELES (AP) — Sylvester Stallone and Jason Statham weren't enough to save “ Expend4bles ” from a debut box office flop. The Lionsgate and Millennium's film, also known as “Expendables 4,” pulled in a mediocre $8.3 million for the big-budget project. It starred several popular names, including Stallone, Statham, Curtis “50 Cent" Jackson, Megan Fox and Dolph Lundgren. It's been nearly a decade since the franchise released a film, which opened with $15.8 million and eventually grossed $214 million globally. But times have certainly changed, as the film barely placed second behind “The Nun 2," a horror movie that earned $8.4 million in its first week.

Persons: — Sylvester Stallone, Jason Statham weren't, “, ”, Comscore, Stallone, Statham, Curtis “, Jackson, Megan Fox, Dolph Lundgren, It's, Michael Chaves, Venice ”, Kenneth Branagh’s, Agatha Christie, Denzel Washington, “ Barbie, Greta Gerwig, “ Oppenheimer, Christopher Nolan Organizations: ANGELES, Lionsgate, Warner Bros, Orient Express, Sony, GameStop, American Federation of Television, Radio Artists, Writers Guild of America Locations: Venice

☆ Warner Bros delays 'Dune,' 'Lord of the Rings' films due to strike
▼ + stars: | 2023-08-24 | by ( Lisa Richwine | ) www.reuters.com time to read: +3 min

[1/2] Timothee Chalamet and Zendaya, promoting the movie "Dune: Part Two", attend a Warner Bros. presentation during CinemaCon, the official convention of the National Association of Theatre Owners, in Las Vegas, Nevada, U.S. April 25, 2023. "Dune" was one of the most anticipated films on the late 2023 schedule. "Dune: Part Two" will now debut on March 15, a date that had been reserved for Warner Bros film "Godzilla x Kong: The New Empire." As a result, an animated "Lord of the Rings" film that had been set for April was moved to December. Other major films on the 2023 schedule at the moment include Walt Disney's (DIS.N) "The Marvels," a Lionsgate (LGFa.N) prequel to "The Hunger Games," and "Wonka," another Warner Bros film that also stars Chalamet.

Persons: Steve Marcus, Frank Herbert’s, Oppenheimer, Walt Disney's, Wonka, Chalamet, Lisa Richwine, Chris Reese, Matthew Lewis Organizations: Warner Bros, National Association of Theatre Owners, REUTERS, Hollywood, AMC Entertainment, SAG, Sony Pictures, GameStop, Lionsgate, Writers Guild of America, Thomson Locations: Las Vegas , Nevada, U.S, New York, Los Angeles

☆ Margot Robbie is making a movie about Monopoly. Here is what to know about all the toys and games being turned into films following the success of 'Barbie'
▼ + stars: | 2023-08-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

In 2015, CNN reported that the Hasbro game had been translated into 47 languages, played in 114 countries sold over 275 million copies. A Monopoly movie was first mooted by Oscar-nominated director Ridley Scott during an interview with the Los Angeles Times in 2007. In 2009, producer Frank Beddor came up with an interesting pitch for a Monopoly movie, which he told IGN that Scott was excited about. When Lionsgate acquired Entertainment One's TV and film operations from Hasbro in 2023, it seemed a Monopoly movie was their top priority. On Wednesday, during 2024's Cinemacon in Las Vegas, Lionsgate confirmed that a Monopoly movie is in development.

Persons: Justin Sullivan, Oscar, Ridley Scott, Frank Beddor, Scott, Beddor, Parker, Truman, Andrew Niccol, Kevin Hart, Tim Story, Chris Cocks Organizations: CNN, Hasbro, Los Angeles Times, IGN, Monopoly, Lionsgate, Entertainment Locations: Las Vegas

☆ These stocks reporting earnings next week have historically exceeded expectations and rallied as a result
▼ + stars: | 2023-08-04 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

About four out of every five of those stocks that have already reported have exceeded Wall Street's expectations. CNBC Pro used FactSet data to screen for companies reporting next week that have historically beat Wall Street expectations at least 70% of the time. Entertainment company Lionsgate has beaten expectations for earnings and sales 70% and 63% of past quarters, respectively. Shares have popped an average 3.9% in the sessions directly following its past earnings reports. The average analyst surveyed by Refinitiv sees that ascent continuing, with nearly 50% upside expected over the next year.

Persons: Tyler Radke, Armour, Refinitiv, — CNBC's Michael Bloom, Fred Imbert Organizations: CNBC, Citi, Entertainment, Lionsgate, Mattel

☆ Hasbro to sell film and TV unit, cuts forecast on Hollywood strike hit
▼ + stars: | 2023-08-03 | by ( Savyata Mishra | ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File photoAug 3 (Reuters) - Hasbro (HAS.O) lowered its annual revenue forecast on an expected hit from the ongoing strike by Hollywood writers and actors and said it would divest its film and TV business to focus on selling toys and games. Hasbro said it would sell its eOne film and TV studio to Lionsgate Entertainment by year-end for about $500 million, adding that its revenue forecast includes the performance of the business being sold. "With the sale of its eOne Film & TV business to Lionsgate, Hasbro is dodging a bullet in terms of the content pipeline. Hasbro also lowered its growth target for adjusted operating margin to between 20 basis points (bps) and 50 bps, from 50 bps to 70 bps rise forecast earlier. Reporting by Savyata Mishra and Granth Vanaik in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: FAO Schwarz, Andrew Kelly, James Zahn, Savyata Mishra, Granth, Vinay Dwivedi Organizations: Hasbro, Inc, Star, FAO, REUTERS, Hollywood, Lionsgate Entertainment, Lionsgate, WGA, SAG, Monopoly, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

☆ Hasbro sells off costly production studio, taking a page from Mattel's playbook
▼ + stars: | 2023-08-03 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Four years after acquiring Toronto-based production studio eOne, Hasbro is selling it off to Lionsgate. That price tag consists of $375 million in cash and the assumption of production financing loans. Without eOne, Hasbro will also return to licensing and partnerships with studios to fund entertainment projects for brands like Dungeons and Dragons, PlayDoh, Magic: The Gathering and Transformers. Hasbro acquired eOne in 2019 for $4 billion, a price tag that included coveted preschool brands like Peppa Pig and PJ Masks. Without eOne, Hasbro will continue to rely on partnerships with studios like Paramount for theatrical releases and television productions.

Persons: Drew Crum, Eric Handler, Roth MKM, Chris Cocks Organizations: Toronto, Hasbro, Lionsgate, eOne, Paramount Locations: Rhode

☆ There's going to be a lot less new TV for a while. And that's brilliant.
▼ + stars: | 2023-07-16 | by ( Chris Johnston | ) www.businessinsider.com time to read: +4 min

Hollywood is facing its first strike by both writers and actors in more than six decades. It's going to mean a lot less new television this year, but that may not be such a bad thing. Almost 600 scripted TV shows were released in the United States alone last year. If that is the case, there might be a very big silver lining for us viewers: a break from the relentless release of new TV shows. Likewise with Donald Glover's often truly astonishing piece of performance art masquerading as television that's also known as "Atlanta."

Persons: they're, Jonathan Handel, you'd, I've, They're, Jeffrey Dahmer, Max, Donald Glover's, that's Organizations: Hollywood, Writers Guild of America, Netflix, Apple, Paramount, Lionsgate Locations: United States, Hollywood, Hulu

☆ How the hit podcast 'Scamanda' could become a TV show, according to a leading exec in Lionsgate's audio arm
▼ + stars: | 2023-07-10 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

She discussed how her team plans to turn podcasts into TV shows, and how "Scamanda" could be a doc. The show was produced by Lionsgate Sound, the Hollywood giant's new audio division that launched last year. Lionsgate is one of several television companies to start its own audio arm — like Netflix and HBO, which produce audio companions to their TV shows. Pilgrim is a Lionsgate-owned production company that specializes in unscripted TV, and also a minority owner in Lionsgate Sound. Conversely, the podcast division can also leverage the success of existing TV shows and programs by producing companion audio works for them.

Persons: Gretchen Stockdale, you've, Amanda C, Riley, swindling, Pilgrim, Stockdale, Elizabeth Holmes, Jussie Organizations: Lionsgate, Apple, Lionsgate Sound, Hollywood, Netflix, HBO, Pilgrim Media Group, Hulu, ABC, Bloomberg, Fox Nation

LOS ANGELES, July 5 (Reuters) - When actress Stephanie Hsu realized there were no limits to how outrageous she could be in the film "Joy Ride," she was confident it was going to be a "good time." "Joy Ride" follows childhood friends Audrey and Lolo, who are joined by Lolo's cousin Deadeye and Audrey's former college roommate Kat as they embark on a wild journey to China to find Audrey's birth mother. It features an all-Asian main cast with queer and non-binary actors that introduce multi-faceted characters who reach beyond racial or gender stereotypes. We definitely throw the patriarchy around in a way that is awesome," said Wu, who is non-binary. Reporting by Danielle Broadway and Rollo Ross; Editing by Mary Milliken and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Stephanie Hsu, Adele Lim, Rich, Hsu, Oscar, Audrey, Lolo, Lolo's, Deadeye, Kat, Emily, Ashley Park, Audrey Sullivan, Sherry Cola, Sabrina Wu, Wu, Danielle Broadway, Rollo Ross, Mary Milliken, Rosalba O'Brien Organizations: Lionsgate, Thomson Locations: ANGELES, China, Southwest, Paris

☆ The 2023 movie box office will need a strong second half after an inconsistent first six months
▼ + stars: | 2023-07-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

Hit and missOf course, quality is a big factor in a film's box office success, too. That pullback has already begun with the 2023 summer movie season. Starting the first Friday in May and running until Labor Day weekend, the summer movie season typically represents 40% of all movie ticket sales for the year. So far through July 2, the summer box office has tallied $1.88 billion. In summer 2022, the box office got a boost from Tom Cruise's "Top Gun: Maverick," a Paramount and Skydance feature.

Persons: that's, Mike Polydoros, clamoring, It's, Universal's, Mario, haven't, Shawn Robbins, Robbins, Tom Cruise's, Paul Dergarabedian, Strange, Indiana Jones, Ruby Gillman, Oppenheimer, Dergarabedian, Kraven, Hunter Organizations: PaperAirplane Media, CNBC, Warner Bros, Mario Bros, Guardians, Galaxy, Sony, BoxOffice.com, Labor, Paramount, Comscore, Universal, Disney, Lionsgate

☆ The stock market's gains are almost entirely concentrated in the 'Magnificent 7' - and that could mean a crash is coming
▼ + stars: | 2023-06-30 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Have you heard of the Magnificent Seven? This handful of Big Tech stocks have accounted for nearly all the market's gains in 2023. The names that make up the so-called Magnificent Seven are now the seven biggest US-listed stocks. Are you buying or selling the Magnificent Seven? Strategists from Goldman Sachs made the case for names they think will be low in volatility and high in returns.

Persons: I'm Phil Rosen, It's, you'll, let's, Tesla, there's, Minerva, Kathleen Brooks, John Hussman, Hussman, ANGELA WEISS, Goldman Sachs, Russell, Xi Jinping, Everyone's, Cleo Capital's Sarah Kunst, Phil Rosen, Max Adams, Hallam Bullock Organizations: Twitter, LinkedIn, Lionsgate, Nvidia, Tesla, Meta, Microsoft, Big Tech, Apple, Hussman Investment Trust, Getty, PLC, Costco Locations: New York, London

☆ Read the pitch deck that helped raise $5 million for fintech FilmHedge after it closed $100 million in debt financing to fund new films and TV shows
▼ + stars: | 2023-06-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

FilmHedge closed in March on a $5 million funding round and has a $100 million credit facility. FilmHedge, an Atlanta-based fintech launched in February 2020, provides liquidity to productions with budgets ranging from $1 million to $50 million. It follows a $100 million credit facility from Coromandel Capital and Fallbrook Capital in 2022, which helps FilmHedge finance projects. "We have access to $100 million, but we see around $70 million in applicants per month," he said, "so we have to pass on a lot of deals." FilmHedge gave Insider a look at the 18-page pitch deck it used while raising its $5 million Series A round and $100 million credit facility — check it out here.

Persons: FilmHedge, Jon Gosier, fintech, May FilmHedge, Gosier, —, Axios, FilmHedge hadn't Organizations: Hollywood, Netflix, Entertainment, Variety, Lionsgate, Disney, Collab, WOCStar, Savannah College of Art & Design, TriplePoint, Coromandel Capital, Fallbrook, Media Locations: Atlanta, Coromandel, Hollywood

In this article LGF.A Follow your favorite stocks CREATE FREE ACCOUNTKeanu Reeves stars in "John Wick: Chapter 4." LionsgateWhat started with a retired hitman avenging his murdered dog has turned into a billion-dollar blockbuster movie franchise for Lionsgate . This week, the John Wick series, comprised of four films starring Keanu Reeves in the titular role, crossed $1 billion at the global box office. The first "John Wick" was widely praised by critics and audiences for its highly choreographed fight sequences, which were often shot in long, single takes to convey the action. The milestone for its "John Wick" franchise comes as Lionsgate has been exploring its options for the two key parts of its business – its film studio and Starz cable and streaming unit.

☆ Summer movie preview 2023
▼ + stars: | 2023-05-05 | by ( Dan Heching | ) edition.cnn.com time to read: +12 min

CNN —Most moviegoers can pinpoint one summer movie – or perhaps, a summer of movies – in their formative years that really and truly cemented their love for going to the cinema, whether it be 1975’s “Jaws,” “E.T. And while streaming has clearly siphoned off part of the audience, particularly for more serious films, what we think of as “summer movies” still have the potential to rake in cash just like the old days. (CNN and DC are both part of the same parent company, Warner Bros. Courtesy Warner Bros. PicturesInitially meant for streaming platforms, this vehicle will herald the cinematic arrival of DC Studios’ first Latino superhero, played by Xolo Maridueña of “Cobra Kai” and “Parenthood” fame. If the fast-paced trailer is any indication, the movie looks sure to whisk those dog days of summer doldrums away quite nicely.

☆ ‘Are You There God? It’s Me, Margaret’ Review: A Candid Kids’ Classic Comes to the Screen
▼ + stars: | 2023-04-28 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

Can people under 40 even conceive of an American culture that wasn’t obsessively focused on youth? In the early ’70s, when Judy Blume ’s heartfelt coming-of-age novel “Are You There God? It’s Me, Margaret” hit shelves, stories for youngsters based in everyday realism were rare. A sixth-grader, Ms. Blume’s diffident, self-conscious heroine anxiously asks God about her many worries, which include not yet having developed breasts nor experienced her first period. This level of frankness was nearly revolutionary at the time, and so the book was treasured as tweener samizdat.

Layoffs and fights over employees' work-from-home desires are challenging HR pros in new ways. Insider put out a call for talent heads navigating the changing norms around workplace culture. Meanwhile, many employees and the corporate leaders who oversee them are engaged in a tug-of-war over work-from-home policies. We asked questions about how standout HR leaders are navigating economic uncertainty, how they're supporting efforts around diversity, equity, and inclusion, and how they might be reimagining work. Listed in alphabetical order based on last name, here are 14 HR leaders making waves.

☆ Check out the 18-page pitch deck that Hollywood-focused fintech FilmHedge used to raise tens of millions and help hot new movies and TV series get made
▼ + stars: | 2023-04-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

FilmHedge lends credit to movies and TV shows with budgetary needs between $1 million and $5 million. The 3-year-old fintech closed on a $5 million round in March and has a $100 million credit facility. FilmHedge, an Atlanta-based fintech launched in February 2020, provides liquidity to productions with budgets ranging from $1 million to $50 million. It follows a $100 million credit facility from Coromandel Capital and Fallbrook Capital in 2022, which helps FilmHedge finance projects. FilmHedge gave Insider a look at the 18-page pitch deck it used while raising its $5 million Series A round and $100 million credit facility — check it out here.

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