☀️ TURNING POINT: AMAZON's PRIME VIDEO Becomes Ad Tier
WWE-NBCU numbers 💰 / SPC makes TIFF buy / WGA-AMPTP summit day 2 awaits...
Mornin! This is Sean McNulty (connect here on LINKED-IN if ya like) and here’s the Hollywood + Media news to know on FRIDAY Sept 22, 2023.
Where, yeah I don’t think too much work is gonna get done today… well, outside of the general Sherman Oaks vicinity.
Cancel the usual Friday CEO silk pajama party happy hour, they have work to do! Everyone keep an eye out for the white smoke coming out of the valley later today.
AND: Seth MacFarlane gave $5 Million to the ENTERTAINMENT COMMUNITY FUND to help those facing financial hardship due to the strikes, on top of the $1 million he gave in July. He’s working with the ECF to hit a $10 million mark from the entertainment creative community.
As of Sept 19, the fund had given out $7.4 million to over 3,500 folks, and is giving out about $400k to $500k a week.
PLUS: GOOGLE is introducing AI tools where it’ll just create shorts for you to post based on your prompts. Um… isn’t this kind of defeating the purpose of social media at some point?
OH: SNAP+ is up to 5 Million paid subscribers (at $4 a month) according to The Information. They hit the 4 Milion mark in June, and have now doubled the number since Feb this year.
WAKEUP BOX OFFICE POLL RESULTS:
The bears have awoken on yet another Friday… and I’m going with the 41% here, but not by much (maybe $14 Mil and change).
IN TODAY’S EDITION
AMAZON Ad-Tier announcement is really quite big. This is not what NETFLIX and DIS+ did at the end of 2022 - take a closer look at what’s happening here.
WWE-NBCU follow up with $$ numbers on the deal.
Ballpark numbers on how Suits writing residuals break down.
The weekend preview of new shows and movies to watch, and more.