Leaked Report Details Fallout if Paramount Follows Through on California Exit Threat
Nearly 58,000 jobs and $21 billion in annual losses are on the line as the Oct. 1 merger deadline approaches.
Nearly 58,000 jobs and $21 billion in annual losses are on the line as the Oct. 1 merger deadline approaches.
A four-year Gensler overhaul has turned the agency’s frankensteined Beverly Hills headquarters into a town square — Wolfgang Puck downstairs, 400 artworks upstairs. The firm hopes its employees won’t ever want to leave.
Joint owners Comcast and Paramount have launched a “review of strategic options,” according to a letter sent to the streaming service’s CEO Monty Sarhan Monday.
A report commissioned by the studio trade group the Motion Picture Association projected that a federal tax credit could sustain roughly 143,500 full-time equivalent jobs annually.
The government stressed that it concluded in its investigation that the merger won’t undermine competition.
The Louis Dargenzio-owned and Mark Lamberton-run supplier has acquired Grip & Lighting and Pro Supplies assets from the Hudson Pacific firm, which is laying off 60 staffers.
The 87-year-old Academy Award winner sat down with The Hollywood Reporter to discuss his approach to lobbying for a federal tax credit at the White House: “We have an opening here, we have some sunlight, it’s going to happen.”
The Oct. 14 talks will be the first time the two sides formally sit down to discuss a resolution to the case.
The relocation of the long-running music competition series is a hit to the city’s production sector.
Outsyders worked with Cameron for 3D work on Paramount’s ‘Billie Eilish – Hit Me Hard and Soft: The Tour,’ and on films like ‘Lilo & Stitch’ and ‘Blue Angels.’