Any Paramount News Is Good News
Something is better than nothing.
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It's Wednesday, June 18th. Here's what's happening.
🍿 The Big Picture
It appears there might be progress in the ongoing Paramount/Skydance situation. President Trump finally spoke about the proposed merger today, telling reporters: “Ellison’s great. He’ll do a great job with it.”
Obviously, with Trump, things can change quickly, but this at least sounds like a favorable opinion toward the merger. Of course, there's still the 60 Minutes lawsuit to deal with, and who knows exactly how that will play out. Plus, if a settlement is reached, there may be pushback from Congress on the deal.
The good news, however, is that for the first time in weeks, there finally seems to be movement on the M&A front. For many in the industry, simply knowing what’s happening can be considered progress.
🎥 Extra Coverage
The latest UCLA Hollywood Diversity Report shows that female filmmakers are still underrepresented when it comes to big budget movies. (IndieWire)
Everyone is freaking out about AI and what it will mean to the biz. The truth is, AI is already reshaping just about every aspect of the movie industry. (Stephen Follows)
Alcon Media Group LLC has won the bidding to buy the bankrupt Village Roadshow film library. The cost? $417 million. With titles such as Mad Max: Fury Road, The Matrix and Ocean's Eleven, that might have been a smart purchase. (Deadline)
I'm curious about what a Netflix House actually is, and what goes on in there. Let's be honest, it could be very strange (and maybe in a good way). (Los Angeles Times)
Am I the only one who read about the "largest jewelry heist ever", and immediately thought: Oh, this is totally going to be a movie? (USA Today)
📈 Movie Stock Index
Market Close: Wednesday, June 18th, 2025
Total Value: $106,537.77
Today's Change: -$488.67 (-0.46%)
Total Gain/Loss (Since 05/12/25): $6,537.75 (6.54%)
A flat day for movie stocks. Our index closed down (-0.46%), and no stocks made major moves one way or the other.
Disclaimer: The MovieNewsPro Stock Index is a virtual index - there are no actual funds invested. Sector index total value dollar amounts are based on an initial hypothetical investment of $100,000 on May 12th, 2025. We are not licensed investment advisors and our information should not be used as investment advice. Invest wisely.
Interesting Job Opportunity
Manager, Feature Film Program
Sundance Film Festival
The Manager, Feature Film Program is charged with managing outreach, tracking, and the application and submission review processes for Feature Film Program (FFP) and Producing Program Labs, Screenwriters Intensive, and Fellowships (HollyList)
Disclaimer: We do not verify the accuracy or availability of posted job opportunities, nor do we receive compensation. They are simply positions we find that are interesting. Be careful, be smart and good luck!
🏆 Film Festivals
Bentonville Film Festival, US - June 16-22
CineEurope, Spain - June 16-19
Doc Edge Film Festival, New Zealand - June 18-July 31
Frameline San Francisco International LGBTQ+ Film Festival, US - June 18-28
Oakville Film Festival, Canada - June 18-25
Raindance Film Festival, UK - June 18-27
Sheffield DocFest, UK - June 18-23
Nepal America International Film Festival, US - June 19-22
Brussels International Film Festival, Belgium - June 20-28
Kimolos International Film Festival, Greece - June 21-25
Mediterrane Film Festival, Malta - June 21-29
London Screenings, UK - June 23-25
Sunny Side Of The Doc, France - June 23-26
Biarritz Film Festival Nouvelles Vagues, France - June 24-29
Docs Ireland, Ireland - June 24-29
Palm Springs ShortFest, US - June 24-30
Nantucket Film Festival, US - June 25-30
Oak Cliff Film Festival, US - June 26-29
FilmFest Munich, Germany - June 27-July 6
📺 Watch This Tonight
The Devil Wears Prada (2006)
Directed by David Frankel
A crisp, biting dark comedy with outstanding performances by Anne Hathaway and Meryl Streep.
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Disclaimer/Transparency
MovieNewsPro is a film industry news monitoring service. All stories have been previously reported elsewhere and are not exclusive stories to MNP. All information is believed to be accurate at the time of reporting. MovieNewsPro uses a full array of technology to gather information, including machine learning, automation and artificial intelligence throughout its business monitoring, editing and reporting process.
