Paramount Layoffs; More AI Drama; Movie Stocks Tick Upward
Paramount is reportedly accelerating its planned workforce reduction, with more layoffs now anticipated.
Paramount Braces for Impact: Layoffs Loom Large, Sooner Than Expected
Hold onto your popcorn, folks. Paramount is reportedly accelerating its planned workforce reduction, with layoffs now anticipated to commence the week of October 27th, a shift from the previously expected early November timeline. This preemptive strike comes ahead of Paramount's Q3 earnings call on November 10th, suggesting a strategic move to streamline operations before the big reveal. Buckle up; it sounds like it is going to be a bumpy ride. Read more at Deadline →
Broadway Reaches for the 'Ragtime' Feeling: Revival Opens to Rave Reviews
The lights are shining bright again on Broadway as Lincoln Center Theater's revival of 'Ragtime' officially opened to much fanfare. Artistic Director Lear deBessonet believes this production resonates even more powerfully with today's audiences than when it first premiered over 25 years ago. Looks like nostalgia can be a powerful box office draw. Read more at Variety →
AI vs AI: Estates Fight Back Against Sora's Misuses
In a twist worthy of a sci-fi thriller, estates are employing AI to combat the unauthorized use of likenesses generated by AI tools like Sora. Following controversies involving the digital exploitation of figures like Martin Luther King Jr. and Robin Williams, talent management firms are partnering with AI companies to protect their clients. The machines are fighting the machines, and we are just here for the show. Read more at IndieWire →
📈 Hollywood Stocks
Note: Market data as of previous close.
🎯 On The Radar
- Primate Panic: New Killer Ape Movie Trailer Drops
Because what the world needs is another killer ape movie, this time with an ape obsessed with berating its victims via tablet. Read more at IndieWire →
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