Tag: Business
Best Buy Will Stop Selling DVDs and Blu-Rays
Physical media is being phased out, and a big retailer has just done its part to hasten that demise. Best Buy, the biggest electronics store in America, has announced that it will no longer sell DVDs and Blu-Rays in its stores or on its website; the discs will be phased out by early 2024, with &hell...
Read MoreDreamWorks Animation Lays Off 70 Employees
The Hollywood Reporter has revealed that DreamWorks Animation underwent mass layoffs, eliminating 70 positions from its ranks. Unsurprisingly, this comes as part of an initiative to cut costs. DWA is having a rough time following the underperformance of Ruby Gillman, Teenage Kracken earlier this yea...
Read MoreThe Writers’ Strike is Over
The Writer’s Strike is officially over. As of 12:01 AM Pacific on Wednesday, September 27, the members of the WGA will be allowed to go back to work, as the deal between the union and the AMPTP has been… okay, not approved but “suggested” by union leaders. WGA members will now vote on whethe...
Read MoreMartin Scorsese Wants to “Save Cinema” from Superheroes
Martin Scorsese is pissing off superhero movie fans again, this time for things he didn’t say. In a new GQ interview (which is behind a paywall, but you can read his relevant comments at Variety), the legendary director said, “we’ve got to save cinema” from the genre, which has dominated th...
Read MoreDeal Tentatively Struck in Writers’ Strike
The writers’ strike may be coming to an end. The WGA and the AMPTA have reached a tentative agreement, which the WGA described as “an agreement in principle on all deal points, subject to drafting final contract language,” in an email to “strike captains.” In other words, nothing is final ...
Read MoreDisney to “Quiet the Noise” on Culture War, Per Iger
Bob Iger is pledging to back out of the culture war… again. According to a report written by Lauren Martin, a company analyst for Needham & Company, Iger told Disney investors he would “quiet the noise” on the culture war because it’s bad for business. This happened on Tuesday at an inve...
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