Welcome back to What I’m Hearing, home from Sundance with the usual runny nose and cough. Apologies for sending this on a Friday morning instead of Thursday evening. I got a new MacBook and the migration of all my data landed me with a loooong appointment at the Genius Bar.
🙏 Thanks to everyone who came to Monday’s live taping of The Town in Park City, and to our surprise guest, Sundance Institute C.E.O. Joana Vicente. We had a blast and it was great meeting everyone. We’ll definitely do more.
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As the Paramount Global Turns…: It’s diligence time as David Ellison’s Skydance team is set to begin examining the books of the Shari Redstone empire next week, per three sources. More than six weeks after I first reported Ellison’s interest in gaining control of Paramount Global via an acquisition of its parent, National Amusements, Inc., it’s still not clear how deep the Skydance bankers and lawyers will be allowed to...
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A $5 billion WWE deal and the exit of film chief Scott Stuber mark an inflection in the streaming wars as Ted Sarandos consolidates the market—adding live sports, producing fewer original movies, and absorbing content from the rivals Netflix is leaving behind.
The biggest sharks know where to find the most food. I remember back in February 2017—it was Oscar week, I think, because I was at one of those dumb parties that exist only so that East Coast brand sponsors and media people can feel glamorous—when the news broke that Ari Emanuel had finally hustled a buyer for The Irishman. Martin Scorsese, Ari’s client, was somewhat hilariously insisting on digitally de-aging several elderly actors in his gangster opus, a plan that Paramount and STX Entertainment, the project’s backers, correctly assumed would...
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