☀️Movie Biz Amps Up Casting for Busy Spring
FREEVEE Rumor Chaos at AMAZON / NETFLIX sets 'Maid' creator series / BUZZFEED's complex COMPLEX sale - a breakdown
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 Feb 22, 2024.
Where okay, tell me who on Wall Street had BUZZFEED being the better stock investment yesterday than NVIDIA?
NVIDIA: +12%
BUZZFEED: +94%
And you call yourselves experts . . . 🙄
In case you’re wondering how the whole AI thing is progressing — NVIDIA beat revenue projections by nearly $2 Billion, expecting to hit $24 Billion in Q1, which would be a +223% increase YoY. Plus a new, faster chip is coming later in 2024 to make sure we lose jobs advance humanity at a faster pace.
Q4 revenue was $22 Billion, with a profit/net income of $12 Billion . . . which is about $3 Billion more than NETFLIX made in total in Q4.
More on the bonkers BUZZFEED stock thing in The Media Biz section below.
PLUS: Here are your WGA Award nominees. The ceremony is taking place late this year on April 14 due to the strikes.
ALSO: Here is the list of over 24 directors involved in the Jason Reitman-led effort to buy Westwood’s historic Village Theater, which was first reported at The Ankler.
AND: It’s nice to finally see an actual positive use for drones in society besides dropping off your munchies delivery. The NYPD is testing a program this summer to drop inflatable rafts to people who get into distress while swimming in the ocean.
WAKEUP BOX OFFICE POLL
We have three new wide releases . . . but nothing is tracking with impressive numbers — i.e. Bob Marley: One Love should still handily take the title, and we’ll see what impressive weed 😶🌫️ double entendres the trades can come up with this time 🙄.
But I’m most curious to see if LGF gets the “non coastal” audience to show up for Ordinary Angels, which is tracking at $5 Mil to $7 Mil. What say you?
IN TODAY’S EDITION:
Julia Fox, Natasha Lyonne and many more get new gigs as movie casting hits hyperdrive in advance of busy spring.
FREEVEE’s rumored death: greatly exaggerated or imminently looming?
One more SUNDANCE sale
Inside wtf exactly is going on at BUZZFEED, and more
📽 THE SILVER SCREEN
