Significant developments across the entertainment sector include major corporate acquisitions, executive shifts, and celebrity project updates.
Key Points
Disney is reportedly finalizing a deal to sell its 50% stake in the A+E network to Hearst for over $1 billion.
Electronic Arts is nearing the completion of a $55 billion deal to go private, with the transaction expected to close next week.
Veteran reality television executive Mike Darnell has signed an overall deal with Netflix to guide the streamer's unscripted content slate.
Influence Media Partners has announced a $600 million agreement to acquire Anthem Entertainment's music publishing and film and TV assets.
Tom Holland revealed that early test screenings for a potential 'Spider-Man' project were poorly received, leading to significant creative shifts.
NBC has appointed Christopher Halpin as CFO as part of its ongoing organizational transition and spin-off preparations.
Music star Travis Scott has stepped behind the camera to direct a new visual project for the song 'When Iâm Home' by Odyssey.
Barack Obama released his annual summer playlist, highlighting tracks from artists including Glen Hansard, The Strokes, and Noah Kahan.
The future of Los Angelesâ Outfest LGBTQ+ film festival remains a focus as organizers work to rebuild and redefine the event's programming.