☀️ One of the Last Looks at WME 💰
AMC NETWORKS confirm bad 2024 Linear TV trends / SINCLAIR explores downsize / Cannes market adds more A-List
Mornin! This is Sean McNulty (connect here on LINKED-IN if ya like) and here’s the Hollywood + Media news to know on FRIDAY, May 10, 2024.
Where Q1 earnings season is starting to finally round out — so let’s start the day with a chart from the NY Times that also serves as a heads up for an industry that prides itself on providing “affordable” ways to entertain the family.
Note — these mentions 👇 are not about how uh, great this group’s spending habits have been in 2024 so far. Maybe the timing on the “great streaming rebundling” thing is actually pretty good for once!
Although not so much for any more #PriceHikes.
AND: Jon Stewart is adding a weekly podcast to his new PARAMOUNT workload, The Weekly Show, that’ll begin in early June.
CORRECTION FROM YESTERDAY: The new Office-ish show at NBCU is for PEACOCK, not NBC.
WAKEUP BOX OFFICE POLL RESULTS
I’m going with the dead-on tracking vote this week . . . but those bears are apparently still out there!
THANKS: To ESPN for the invitation to check out its WSummit yesterday in NYC — great to hear insights from women’s sports leaders on finding success with not only audiences, but the local communities in which they exist.
AND: Just a heads up, everyone who was talking about LPGA golfer Nelly Korda winning her 5th LPGA tournament in a row a few weeks ago . . . has seemingly forgotten all about Nelly, as she goes for a record 6th title this weekend, a feat no other LGPA golfer has ever achieved 👀 — a tournament which is only avail on the GOLF CHANNEL or streaming on PEACOCK or ESPN+.
Still some work to do here, folks — at least the MET Gala folks were on it with the invite for her this week 👏.
NEW ANKLER PODCAST EPISODE!
Dive into the takeaways from the big studio earnings report and great rebundling. Plus Richard and I wax poetic about how close our 2023 salaries were to Ari and Ted. It’s not a great comp.
IN THIS EDITION
With precious few quarterly looks into the WME books left ahead of us, as EDR prepares to go behind the SILVER LAKE curtain . . . take a gander at how things are looking post-strikes.
AMC NETWORKS further adds to the melting iceberg analogy at the core of Hollywood revenues in Q1, as the WWE leaves FOX a little earlier, SINCLAIR looks to sell off assets, the Cannes market continues to have great momentum, and another busy day of new project and casting news.
🎥 THE SILVER SCREEN
