Deal

Tyler Perry BET Deal Falls Through as Paramount Removes Network From Sales Block

Paramount Global has pulled out of a deal to sell BET Media Group to renowned filmmaker Tyler Perry.  According to The Wall Street Journal, Paramount announced  that they had ended the bidding process, which would have included VH1 and BET Studios, streamer BET+ and the BET channel because “a sale wouldn’t result in any meaningful deleveraging … [Read more…]

Hollywood Labor Dispute Nears End as Writers Guild Reaches Tentative Deal

Hollywood’s protracted labor conflict has taken a significant step towards resolution. The Writers Guild of America, representing over 11,000 screenwriters, said the 146-day strike might end with the announcement of a tentative agreement reached on Sunday.   The forthcoming days will see guild members vote on whether to accept the deal, which aligns with their demands. … [Read more…]