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CBS Acting CEO & Brass Hit Dull Button In Digital Town Hall; Questioned About Moonves, Viacom & Moreby Dade Hayes

    Latest Business News

    ‘Fortnite’ Rakes In A Record $2.4 Billion

    By Dawn C. Chmielewski 6 mins ago

    Fortnite, already a pop culture phenomenon, just achieved a business milestone. The free-to-play title generated the most annual revenue of any game in history, raking in $2.4 billion in 2018, according to estimates from Nielsen’s SuperData. The firm said Fortnite’s multi-platform release on PC, console and mobile allowed it to reach a massive audience. Publisher Epic Games kept the momentum going by regularly updated the game with new modes, weapons and… Read

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    Snap Shares Fall 14% As Investors Weigh String Of Executive Exits, CFO Stepped Off After Asking Board For A Raise — Update

    By Dade Hayes and Dawn C. Chmielewski 1 hour ago

    UPDATED to reflect new information about the reason for the CFO’s departure Shares of Snapchat parent Snap Inc. fell 14% today as investors weigh in on the departure of CFO Tim Stone, a former Amazon executive who exited after just eight months on the job. The company reported the its latest high-level executive departure Tuesday, after the market closed, saying Stone planned to “pursue other opportunities.” Bloomberg is reporting something else transpired: Stone went… Read

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    Kelly Miller Joins Literate As A Manager

    By Nellie Andreeva 2 hours ago

    Kelly Miller has joined Literate, A.B. Fischer and Dennis Kim' television-focused boutique management and production company, as a manager. Miller moves to Literate from Paradigm, where she served as a theater-to-TV crossover agent. The move to Literate is a return to management for Miller, who before her stint at Paradigm was a manager at The Shuman Company. It also reunites her with Fischer, with whom she worked at The Shuman Co., where Fischer was a Partner before… Read

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    Mike Gillespie Launches Brave Artists Talent Management Company

    By Nellie Andreeva 2 hours ago

    Talent manager Mike Gillespie, most recently at Primary Wave Entertainment, has launched his own talent management company, Brave Artists Management. "After 12 years in Los Angeles, I'm very proud to start my own company,” said Gillespie. “I'm very fortunate to have amazing clients that understand my passion for this industry and with hard work and determination we will find success in this next chapter. I'm also very grateful for all the mentors I've had, what I've… Read

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    Bruce Tufeld Dies: Hollywood Agent And Manager Was 66

    By Patrick Hipes 3 hours ago

    Bruce Tufeld, who began his Hollywood career as an assistant under legendary agent Sue Mengers before becoming an agent and later a personal manager, died January 15 from complications due to liver cancer. He was 66. The son of TV announcer Richard "Dick" Tufeld and Adrienne Tufeld, Bruce Tufeld attended the Rexford School in Beverly Hills and graduated from the Newhouse School of Public Communications at Syracuse. That led to his first job, at ICM, working an an… Read

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    Bad Robot: Sizing Up the Field As Race To Land JJ Abrams’ Business Enters Home Stretch

    By Mike Fleming Jr and Nellie Andreeva 3 hours ago

    The courtship process is heating up, the one that will bring JJ Abrams and his Bad Robot banner — film, television and possibly other platforms — away from Paramount and into a big new studio deal or an independently financed alternative. Sources with knowledge of the bake-off said that Universal, Disney and Warner Bros are the major studios battling it out, with Disney and Warner Bros. — which has housed Bad Robot’s TV division — considered favorites, but with Universal… Read

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    CBS Acting CEO & Brass Hit Dull Button In Digital Town Hall; Questioned About Les Moonves, Viacom Merger Talk & More

    By Dade Hayes, Dawn C. Chmielewski and Dominic Patten 4 hours ago

    In a two-day forum for employees that concluded this afternoon, CBS acting CEO Joe Ianniello and two other top executives answered a range of questions via a liveblog hosted on an internal network. Going for straight communication with their staff, the brass were very careful to avoid setting off any fireworks about former CEO Les Moonves, the legal situation of his now non-severance and possible new merger talks with Viacom. Multiple CBS employees reached by Deadline… Read

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    Coast Guard Film Office Remains Open Despite Shutdown And No Pay

    By David Robb 4 hours ago

    The U.S. Coast Guard's film liaison office remains open for business even though its three-man staff in Los Angeles isn't getting paid because of the ongoing government shutdown. "Obviously, it's impacting our pay, but our office is operational," chief warrant officer Mike Lutz said. The Coast Guard, which is the only service branch affected by the shutdown, has provided assistance to dozens of films in recent years, including Spider-Man: Homecoming, Dunkirk, Baywatch, Dee… Read

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    Michael Nyman’s Acceleration Adds Two More Senior Execs From PMK*BNC

    By Erik Pedersen 4 hours ago

    Acceleration, the marketing, media and advisory firm launched this year by former PMK*BNC chief Michael Nyman, has added two alums of that agency to its executive team. Monica Chun will serve as Chief Client Officer and President of Acceleration Brand Advisory, and Rick Faigin joins as EVP Acceleration Brand Advisory. Chun is a 22-year PMK*BNC veteran who was elevated to its president after Nyman’s exit as co-CEO in June. At Acceleration, she will lead and architect brand… Read

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    Podcast Network Parcast Sets First Scripted Fiction Series As Part Of 2019 Slate

    By Denise Petski 5 hours ago

    Podcast network Parcast has announced its slate of new shows for the first four months of 2019, including its first scripted fiction series Mind’s Eye. It marks an expansion beyond scripted non-fiction fare for Parcast, which is in the midst an impressive growth period. In 2018, Parcast saw a nearly 200% increase in download numbers, to 100+ million across all of its fully-owned audio productions. By the end of 2018, Parcast had 16 shows available for listeners up from… Read

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    Discovery Ups Loren Ruch, Betsy Ayala, Lynn Sadofsky At HGTV, Food Network

    By Dade Hayes 6 hours ago

    Discovery has announced the promotions of Loren Ruch, Betsy Ayala and Lynn Sadofsky at HGTV and Food Network. Ruch has been upped to Group SVP of Production & Development for HGTV, based in New York, while Ayala is promoted to SVP of Production & Development for HGTV based in Knoxville. Both report to network president Allison Page. Sadofsky will now be SVP of Production & Development for Food Network based in New York, reporting to network president Courtney… Read

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    Anonymous Content Taps Veteran Literary Agent Kristina Moore For Media Rights Division

    By Anthony D'Alessandro 6 hours ago

    EXCLUSIVE: Anonymous Content has hired Kristina Moore to its growing Media Rights Division. Moore joins from The Wylie Agency, where she spent the last ten years as a literary agent specializing in fiction and nonfiction as well as managing authors’ estates. She joins Anonymous Content's Media Rights co-heads Howie Sanders and Kassie Evashevski along with recently hired managers Brooke Ehrlich and Geoffrey Sanford. Moore will be based out of Anonymous Content's New York… Read

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