Dawn Chmielewski

LeBron James is one step closer to cashing in on his entertainment business in a deal that would still leave the NBA superstar short of becoming basketball’s second billionaire.

ViacomCBS and Comcast await the Biden Administration’s regulatory review of the proposed merger of AT&T’s WarnerMedia unit with Discovery, before resuming discussions about ways the two sides could work together in the future.

Executives for ViacomCBS and Comcast Corp. have been holding discussions that some interpret as laying the groundwork for something bigger

Netflix thinks it can rewrite Hollywood’s troubled gaming narrative and to do it has hired Mike Verdu, a former Facebook and Electronic Arts executive, to lead a game development division it hopes to launch by year-end.

Cinedigm is hoping to ride the streaming wave into the future, as it exits a dying theatrical equipment licensing business that was pummeled by the pandemic.

Ava DuVernay hopes to smooth the path for the next woman or person of color with a $500,000 filmmaking grant offered in partnership with GoogleGOOG. The grant is designed to finance the recipient’s first feature-length film, and, in the process, help foster a diverse community of storytellers.

The wildly popular television comedy generated nearly $1.4 billion in earnings since Friends’ broadcast debut in 1994, according to Forbes estimates. Of that, Forbes estimates that the six Friends stars received nearly $816 million in pre-tax earnings, or roughly $136 million each.

Billionaire John Malone has a seat at the table with what could be one of the most formidable media companies on the planet. The $43 billion deal brings together AT&T’s Warner Bros. studio, HBO, CNN and TBS and Discovery’s array of cable channels, including HGTV, Food Network and Discovery.

Every year, celebrity and product-placement marketing company Distinctive Assets puts together a gift bag that the 25 nominees for best actor and director awards take home with them, whether they win or not.

WarnerMedia CEO Jason Kilar angered just about everyone in the movie business when the Warner Bros. studio announced in December that it would release all of its 2021 films simultaneously in theaters and on HBO Max. This morning WarnerMedia parent AT&T said the strategy is paying off.