☀️Cable TV Bundle melt rate worsens in Q3
DISNEY gets new activist investor / NETFLIX axes 5 series / SONY TV sets Jon Hamm series
Mornin! This is Sean McNulty (connect with me on LinkedIn here if ya like), and here’s the Hollywood + Media news to know on THURSDAY Nov. 16, 2023.
Where I hope you all got your farewell gifts to the boss yesterday before he left for his Chairman Emeritus role - I’m told Rupert doesn’t give out the address to ship things to his MONTANA estate (anyone want a “Still ‘Da Boss” bathrobe - you know where to reach me. Very plush!).
ALSO: Jimmy Kimmel is returning to host the OSCARS for the fourth time. Good call 👏.
OH: INSTA has added 25 new filters for your posting pleasure.
PLUS: The MLB is likely going to shave 2 seconds off its pitch clock to 18 seconds when runners are on base next season, in a bid to get games coming in at 2hrs 30min on average 📺.
AND: 32% of 18-29 year-olds in the U.S. regularly get their news from TIKTOK according to a new poll of about 9,000 folks.
A platform whose parent company counts the Communist CHINA government as a ‘small investor’… including having one of three board seats at the parent company 👀. Eh, I’m sure it’s fine. (Remember - CHINA bans all U.S. social media platforms).
OH: The latest trending news item on TIKTOK? A 2002 letter from Bin Laden justifying the 9/11 attack, and thusly talking a lot about Jews, taken from a story in The Guardian, who deleted it yesterday… chiefly as it was being shared without any context that was put around it back in 2002.
Said parent co. BYTE DANCE had a +40% bump in Q2 revenue to $29 Billion according to The Information.
META took in $32 Billion in Q2.
IN TODAY’S EDITION:
The Q3 cord cutting picture… has a little good news (its not Q1 or Q2!), but not much - a look at the trends.
DISNEY gets a new PE firm buying up its shares - a look at what’s afoot, plus DIS set a new streaming view record in INDIA.
A busy day in deals, casting and cancellations - just like old times! And much more.
THE WAKEUP BOX OFFICE POLLS
It’s nice to have a big, packed weekend again at the marquee! Let’s go 3 polls in celebration (Next Goal Wins also hits theaters, but is tracking below these pics).
The new Hunger Games pic is tracking at about $50 Million… but there could be a range of $45 Mil to $60 Mil (you know how tracking the young people is), so let’s throw a few options.
Trolls Band Together is tracking around $30 Mil:
Thanksgiving is around $12 Mil to $14 Mil: