☀️ YOUTUBE $ Growth Returns; WB's Summer 💰Saved (for now)
SNAP stock drops -19% on Q2 report / AMAZON goes Theatrical again in Q4 / NETFLIX Foxx pic a no-show
Mornin! This is Sean McNulty (connect with me on LinkedIn here if ya like), and here’s the Hollywood + Media news to know on WEDNESDAY July 26, 2023.
Where we have sign #36 that Studios are moving back to “the old model” (whose idea was it to leave again?), as recently removed PAR+ series Grease: Rise of the Pink Ladies is now available for digital download, or as we used to call it, the DVD window (for the record - an actual DVD set will come out on Nov 7 as well 💿).
It’s $3 an episode, or $20 for the 10-episode season on iTunes, AMAZON etc. to watch at your heart’s content, and I hear this cutting edge format pays something called a… “residual” 🤷♂️. Rally the fans, talent! Err. Well, once the strike is over.
AND: The Fed holds their monthly meeting re: interest rates this afternoon.
GET A JOB: According to The Intercept, NETFLIX is looking for a product manager for AI utilization on the platform, so if (up to) $900k a year to help create a more ‘efficient’ future is attractive… fire up the Word Perfect and get that resume in the mail!
ALSO: My apologies to director Yorgos Lanthimos for swapping in an “n” there yesterday. Know that your Greek Wakeup readers have your back.
REMINDER: Tomorrow’s Wakeup will be out later than usual due to the AM COMCAST Q2 call.
IN TODAY’S EDITION
What will the Barbie bonanza do to soften WB’s Flash Summer Movie Season debacle? Let’s break down some numbers 💰.
NETFLIX’s new Jamie Foxx movie lands with a thud. A look at this week’s Films chart.
YOUTUBE finally turns the Revenue corner into profitability after a challenging 12 months… a look at the numbers and hey - at least some good news for the Ad market!
They also set some new parternship deals for NFL Sunday Ticket.
SNAP… just keeps turning deficits unfortunately. #medianerd🤓 dives in there too.
AMAZON adds a new theatrical pic for Q4, and more.
🪧 WGA Solidarity
SONY TV followed up this morning, saying that the Tournament will not happen until the strikes are over.
Snoop is keeping his strong solidarity with the WGA, canceling his already postponed dates to celebrate the 30th anniversary of “Doggystyle” at the Hollywood Bowl in October.