Endeavor, Live Nation Entertainment and Sinclair Broadcast Group are among the prominent industry firms facing new financial pressure because of their high debt loads and vulnerability from the widespread shutdown of sports leagues, concerts and other live events. The timing of Sinclair Broadcast Group’s $9.6 billion acquisition of 21 regional sports networks from Disney could [...
As countless freelance film and TV workers in the U.K. grapple with canceled or postponed work commitments, putting their entire livelihoods at risk, a new survey by entertainment union Bectu has found that almost half of freelance respondents have already lost money as a result of the pandemic. The survey of around 5,600 people was [...
Veteran film producer Effie Brown is leading the charge to level the playing field when it comes to owning and investing in content. In January, Brown took the helm of Gamechanger, a Los Angeles-based production company that aims to allow creatives from diverse backgrounds — women, people of color, LGBTQ and the disabled — to [...
As the music industry reels from the impact of the coronavirus pandemic, the Recording Academy today appealed to Congress to “protect our nation’s musicians, performers, songwriters, and studio professionals,” particularly “self-employed gig workers,” who are impacted by the loss of income due to concert cancelations and other hardships. The upshot of the letter, addressed to [...
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