Entries from 2023-01-01 to 1 year

Paramount Deal Talk Captures Wall Street Attention

Will they or won’t they? And if they do, what route will they take? Those are the core questions we’ve seen on everyone’s lips this December as talks around a potential deal for some aspect of Paramount Global heat up. It’s hard to imagine…

Paramount Stock Powers Up in the Face of M&A Rumors

Paramount saw a whopping 13% gain in stock price last week off the back of rumors that it could find itself on the sales block at some point in the 2024 fiscal year. Our resident entertainment attorney in USA, Brandon Blake of Blake & Wang…

ZEE5 Global Makes a Play for South East Asian Streaming Dominance in the US

Zee5’s Global Streaming Service will now aggregate several smaller Indian streamers for the US market in a push for dominance of that niche. Blake & Wang's entertainment attorney Los Angeles, Brandon Blake, shares the details. Brandon Blak…

Berlin Festival Finds New Funding

The Berlin Film Festival has secured a key new pledge from the city of Berlin itself to offset the impact of previous budget cuts. Our entertainment attorney in the know from Blake & Wang P.A., Brandon Blake, has all the details. Brandon B…

Warner Bros Discovery Strikes New Financing Deal

Warner Bros. Motion Picture Group and investment firm Domain Capital have this week announced a multi-year co-financing agreement, centering on Warner Bros.' expanded focus on theatrical films. The deal covers a diverse slate of movies spa…

Lionsgate Narrows Losses with Positive Q2 Results

With a generally positive Q2 financial report, and finally some certainty over the Starz spinoff, Lionsgate has seen a very positive week for its stock results and overall market perception. Our industry expert, entertainment attorney Bran…

Cinemark Sees Biggest Month Ever- And We Finally Beat the 2019 Box Office

2023 will go down as a tricky year for the entertainment industry overall- but there’s one positive among all the turmoil. While it hasn’t quite come as or when we expected, there have been great strides towards finally boosting theatrical…

Amazon Unveils a Great Quarter Three

After a dull start to the earnings year, it seems many of the top ‘tech’ streamers are bouncing back to more positive Q3s and better-looking balance sheets. Last week, Amazon burst Wall Street expectations to post a very rosy Q3. Blake & W…

Netflix Promises Greater Data Transparency

We’ve already seen a little more transparency enter the wider streaming environment in the last few years. However, we’ve now been promised even more data freedom in the coming years by Netflix’s Ted Sarandos. Brandon Blake, our entertainm…

Challenges Facing a Post-Strike Entertainment Landscape

While there’s no resolution in sight just yet for the SAG-AFTRA strike, the time to look forward is now. And simply getting a deal into the bag won’t be the end of the post-strike ramifications, either. Today Brandon Blake, entertainment a…

What Wall Street Wants From Entertainment Stocks

It’s been a year of ups and downs for entertainment stocks in general. Twitchy markets have been quick to respond to any positive (or negative) news, no matter how small. Many of the studios-turned-streamers have been buffeted by the headw…

SAG-AFTRA Heads Back to the Bargaining Table This Week

With the joyous news that the WGA is officially off of strike and writer’s rooms across the country can return to business as usual, there’s another glimmer of hope for the domestic entertainment industry. SAG-AFTRA will also be returning …

Paramount+ Announces Japanese Partnerships

With Asia fast becoming a streaming battleground for international partnerships, it seems everyone is fighting for their share of a profitable market. Just this week, Paramount+ has announced it will be moving into the Japanese market as o…

AMC Stock Price Up (Again) After Latest Capital Injection

Ah, AMC. Has there been any entertainment brand with stock as volatile and unpredictable as AMC Entertainment’s over the last few years? With the company still struggling to shrug off its ‘memestock’ status and achieve true balance in thei…

Ratings Data: Once Rejected, Now Craved

There was a time when emerging streamers ran from the idea of pinning themselves down with anything as transparent as ratings and the data to back them. That era, it seems, is firmly over. In the early days of streaming, freedom from tradi…

LA Sees TV Productions Back at Work- With Agreements in Place

FilmLA, the body responsible for the issuing of location shoot permits for the city, has been tracking the dismal decline in active series for a while. At a time when we’d typically see dozens of scripted TV projects in the works, we’ve se…

Lionsgate and STXfilms Reveal Domestic Release Agreement

This week we see Lionsgate and STX Entertainment announce a new distribution deal for both new releases and library titles throughout North America. This is an interesting collaboration, coming at a time when collaborative release agreemen…

Pay TV Subscriptions Tumble in the Latest Quarter

There’s more dull news for the wider Pay TV and Cable market ahead this quarter, with significant subscriber losses across top providers. Blake & Wang P.A best entertainment lawyers in los angeles, Brandon Blake, is here with the facts and…

Rumblings in the Disney Jungle: Bundling, Price Hikes, and Further Rollouts

It’s been a big week for future plans at Disney, with several upcoming changes to their streaming services announced. As streamers jockey to keep subscribers interested and reach coveted profitability amidst a soft economy, we’re seeing a …

Roku Reports Stronger Earnings Despite Dull Ad Environment

It may not be the easiest ad environment in the world at present, but Roku’s Q2 earnings show that there’s still plenty of optimism to be had in the state of the entertainment world. Blake & Wang P.A. entertainment Lawyer Los Angeles, Bran…

Sound of Freedom Sets Another Indie Milestone

Sound of Freedom has officially entered sleeper-hit territory. Made for less than $15M by Utah’s faith-based Angel Studios, the film has had an unprecedented run for an arthouse/indie movie in post-pandemic theaters- and whether or not the…

Lionsgate Plans Split for Starz

Lionsgate has now formally announced more details around its plan to split into two public entities, one returning to its core TV/film production business and one allowing media network activity centered on Starz, which it acquired for $4.…

Direct TV and Nexstar Carriage Dispute Sends Stations Dark

Nexstar has removed its programming from DirectTV services, including Nexstar-owned local stations and the cable network NewsNation, as a result of another carriage dispute between the two entities. This distribution battle seems set for a…

Paramount+ Absorbs Showtime in a Pitch for Greater Scale

Is scale the secret to streaming success? For Paramount+, it seems the answer is, ‘yes’. Despite offering some strong programming, Paramount+ has been struggling to gain the market traction of its larger competitors. Plus the continued que…

Universal Unveils a 40 Movie Slate- Theatrical Releases Included

Universal’s massive push into an expanded theatrical slate continues with abandon. In addition to a heavy push for the upcoming release of Oppenheimer, as well as some intriguing forays into the animation market as it seems set to boom, Un…

WBD and MGM Content Heads to Freevee

The news that Amazon will be sending some MGM legacy content to its Freevee Free, Ad-Supported TV (FAST) service will surprise noone. We’ve been waiting for them to offer up content from this beloved legacy studio. However, alongside their…

Korean and American Content Booms in Asia-Pacific

Knowing what content sells is critical to the future of streaming success- and when it comes to the Asia-Pacific market, there are two content types that are selling exponentially well. That’s Hollywood fare, and Korean content. While this…

Streaming and the Emmys: A New Battle

Despite a strong presence within the Emmy nominations over the last few years, relatively few streamers have managed wins for their series. As we enter the next round of Emmy nominations, however, we’re seeing stronger streamer presence th…

Fast and Furious Franchise Tops $7B- And A New Record

As long-lived franchise IP goes, it’s hard to beat the Fast & Furious and its near-endless iterations. But as the post-pandemic box office has shown, nostalgia, predictable experiences, and a recognisable brand name can do wonders for a fi…

Cannes Busts Through Accreditation Record- And Registration is Still Open

Is 2023 the coveted ‘normal’ we’ve been desperate to return to? On the international film market scene, at least, there’s certainly strong signs that business is finally back to…well, business. No where does that show as strongly as at thi…