Lionsgate

Women in Entertainment Announces Seventh Annual Summit

Retrieved on: 
Tuesday, February 13, 2024

LOS ANGELES, Feb. 13, 2024 /PRNewswire/ -- Women in Entertainment (WIE) announced today that it will host its seventh annual summit on February 28, 2024 at the iconic Skirball Cultural Center in Los Angeles, California. This year's summit brings together renowned and innovative figures from the television, film, and media industries for a lineup of inspiring fireside chats and informative panel discussions.

Key Points: 
  • This year's summit brings together renowned and innovative figures from the television, film, and media industries for a lineup of inspiring fireside chats and informative panel discussions.
  • Founded by Renee Rossi ( Relativity Ventures ) and Gretchen McCourt, WIE brings together experienced leaders in the entertainment and marketing worlds to address a range of pivotal and timely issues that affect women.
  • "We're excited to continue our mission, spotlighting amazing, successful people in entertainment and media who generously share their valuable guidance and expertise," said Renee Rossi, Co-founder of Women in Entertainment.
  • Additional Summit sponsors include Dreamworks Animation, Morgan Stanley Global Sports & Entertainment, FOX Entertainment, Amazon MGM Studios, STX, MoviePass, Lionsgate, Buzzer PR amongst others.

Hasbro Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company, today reported financial results for the fourth quarter and full year 2023.

Key Points: 
  • Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company, today reported financial results for the fourth quarter and full year 2023.
  • Taken together, the actions throughout the full year have positioned the company for improved financial performance in 2024 and beyond.
  • See the financial tables accompanying the press release for a reconciliation of GAAP to non-GAAP financial measures.
  • Hasbro will webcast its fourth quarter and full year 2023 earnings conference call at 8:30 a.m. Eastern Time today.

VIZIO WatchFree+ Reaches Record Growth in Premium Entertainment and Viewership

Retrieved on: 
Tuesday, February 6, 2024

VIZIO (NYSE: VZIO) today announced a significant expansion of its WatchFree+ streaming service, a sizable increase in viewership, and new features to enhance discoverability.

Key Points: 
  • VIZIO (NYSE: VZIO) today announced a significant expansion of its WatchFree+ streaming service, a sizable increase in viewership, and new features to enhance discoverability.
  • Now with over 300 channels, 15,000 on-demand titles, 10 VIZIO-curated channels programmed in-house, and expanded studio partnerships with Warner Bros.
  • Discovery, Electric Entertainment, SONY, and Lionsgate, VIZIO continues its commitment to delivering a free, premium entertainment experience for millions of users.
  • View the full release here: https://www.businesswire.com/news/home/20240206506599/en/
    VIZIO WatchFree+ Reaches Record Growth in Premium Entertainment and Viewership (Graphic: Business Wire)
    “WatchFree+ has solidified its position as the premium, free streaming destination for VIZIO households, thanks to our ever-expanding content offering, major studio & network partnerships, and enhanced user experience,” said Katherine Pond, Group Vice President of Platform Content & Partnerships.

LIONSGATE TO RELEASE THIRD QUARTER EARNINGS FOR FISCAL 2024 AND HOLD ANALYST AND INVESTOR CONFERENCE CALL AFTER MARKET CLOSE ON THURSDAY, FEBRUARY 8, 2024

Retrieved on: 
Thursday, January 25, 2024

SANTA MONICA, Calif. and VANCOUVER, BC, Jan. 25, 2024 /PRNewswire/ -- Lionsgate (NYSE: LGF.A, LGF.B) today announced it will release its financial results for the fiscal 2024 third quarter ended December 31, 2023 after market close on Thursday, February 8.

Key Points: 
  • SANTA MONICA, Calif. and VANCOUVER, BC, Jan. 25, 2024 /PRNewswire/ -- Lionsgate (NYSE: LGF.A, LGF.B) today announced it will release its financial results for the fiscal 2024 third quarter ended December 31, 2023 after market close on Thursday, February 8.
  • Lionsgate senior management will hold its analyst and investor conference call to discuss its fiscal 2024 third quarter at 5:00 P.M. ET/2:00 P.M. PT on Thursday, February 8.
  • Interested parties may listen to the live webcast by visiting the events page on the Lionsgate corporate website or via this link .
  • A full replay will be available starting Thursday evening, February 8, by clicking the same link.

AWARDS SHOW SEASON GETS UNDERWAY WITH HOLLYWOOD CREATIVE ALLIANCE'S ASTRA FILM AWARDS

Retrieved on: 
Monday, January 8, 2024

LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- Sommsation announces the stars came out in force with a twist of a corkscrew last night at the historic Biltmore Hotel in downtown Los Angeles with the 2024 edition of the HOLLYWOOD CREATIVE ALLIANCE ASTRA FILM AWARDS, sponsored by Sommsation Wines, who provided sommelier-curated wine tastings and wine pairings with dinner, and gifted winners and honorees with selected wines and accessories in a luxe bamboo gift box.

Key Points: 
  • Universal Pictures' "Oppenheimer" scored four wins, Best Director, Best Score, Best Sound, and Best Cinematography.
  • Artfully arranged wine tastings feature premium wines from independent wineries paired with expert insights from their team of engaging sommeliers.
  • The marketplace provides seamless access to a wide range of exquisite wines not easily sourced or found.
  • Sommsation's Concierge handles all the details, making it easy to experience the hidden gems of wine from anywhere.

TMG Entertainment Network and K.Jam Launch Digital Broadcast Media Company in Nevada

Retrieved on: 
Thursday, January 4, 2024

LAS VEGAS, Jan. 4, 2024 /PRNewswire/ -- Entertainment industry veteran Paolo Sadri of TMG Entertainment Network and Hollywood producer Kia Jam of K.Jam Media have joined forces to form TJM Network, an independent sports and entertainment broadcast media company based in Las Vegas, with offices in Beverly Hills.

Key Points: 
  • LAS VEGAS, Jan. 4, 2024 /PRNewswire/ -- Entertainment industry veteran Paolo Sadri of TMG Entertainment Network and Hollywood producer Kia Jam of K.Jam Media have joined forces to form TJM Network, an independent sports and entertainment broadcast media company based in Las Vegas, with offices in Beverly Hills.
  • From breaking news and live commentary to exclusive interviews, viewers will rely on the TJM network for Nevada's electric, 24/7 sports and entertainment content.
  • Founded in 1991, TMG Entertainment Network and TMG Films is headquartered in Las Vegas with offices in Miami and Beverly Hills.
  • Now, with the burgeoning presence of sports teams, I am genuinely excited to collaborate with TMG and contribute to the creation of a world-class digital media network.

Hasbro Completes Sale of Entertainment One Film and Television Business to Lionsgate

Retrieved on: 
Wednesday, December 27, 2023

Hasbro, Inc. (NASDAQ: HAS) announced today that it has completed the sale of its Entertainment One film and TV business to Lionsgate for a purchase price of $375 million in cash, subject to certain purchase price adjustments, plus the assumption by Lionsgate of production financing loans.

Key Points: 
  • Hasbro, Inc. (NASDAQ: HAS) announced today that it has completed the sale of its Entertainment One film and TV business to Lionsgate for a purchase price of $375 million in cash, subject to certain purchase price adjustments, plus the assumption by Lionsgate of production financing loans.
  • Today’s announcement underscores Hasbro’s Blueprint 2.0 strategy; Hasbro will continue to develop and produce entertainment based on its rich vault of Hasbro brands.
  • The sale includes unscripted television production companies Renegade and Daisybeck, as well as Hasbro’s interest in the Canadian film & TV operations of Entertainment One Canada Limited.
  • In connection with the closing, Hasbro expects to retire approximately $400 million of floating rate debt.

Scholastic Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Thursday, December 14, 2023

NEW YORK, Dec. 14, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal second quarter ended November 30, 2023.

Key Points: 
  • Operating income was $101.3 million in the quarter, an increase of $1.2 million from $100.1 million a year ago.
  • Adjusted EBITDA (a non-GAAP measure of operations explained in the accompanying tables) increased $1.7 million to $124.0 million.
  • In the fiscal second quarter, the Children's Book Publishing and Distribution segment's revenues decreased 6% to $392.8 million.
  • Improved results were primarily driven by Canada, which benefited from the reorganization of Book Clubs.

Entertainment and Technology Industry Leaders Launch The WONDER Project - An Independent Studio Ushering in a New Era for Values-Based Films and TV Programming

Retrieved on: 
Wednesday, December 6, 2023

LOS ANGELES and AUSTIN, Texas, Dec. 6, 2023 /PRNewswire/ -- Industry veterans from entertainment and technology have launched The WONDER Project (WP), heralding a bold transformation in values-driven entertainment. The independent studio is founded by accomplished film producer, Jon Erwin, and is overseen by former Netflix and YouTube executive, Kelly Merryman Hoogstraten. With more than $75 million raised in seed and Series A funding from industry titans Sovereign's Capital, Lionsgate, Powerhouse Capital, United Talent Agency, and Jason Blum, among others, WP is poised to craft high-quality, hopeful entertainment tailored for a substantial faith and values-oriented audience.

Key Points: 
  • LOS ANGELES and AUSTIN, Texas, Dec. 6, 2023 /PRNewswire/ -- Industry veterans from entertainment and technology have launched The WONDER Project (WP), heralding a bold transformation in values-driven entertainment.
  • The independent studio is founded by accomplished film producer, Jon Erwin, and is overseen by former Netflix and YouTube executive, Kelly Merryman Hoogstraten.
  • Investors have recognized the potential, placing substantial capital behind The WP's strategy to create enduring entertainment that will make audiences feel a sense of wonder.
  • "We've been very impressed by the team at The WONDER Project, and we're confident in their vision for creating best-in-class programming for this vast global audience."

THREE INDUSTRY HEAVYWEIGHTS UNITE TO REVOLUTIONIZE THEATRICAL DISTRIBUTION, LAUNCH INNOVATIVE MULTI-PLATFORM STUDIO SHOWBIZ DIRECT

Retrieved on: 
Thursday, November 30, 2023

"Writers, producers, actors, and directors are having a tough time getting studio attention.

Key Points: 
  • "Writers, producers, actors, and directors are having a tough time getting studio attention.
  • We launched ShowBiz Direct to champion these underrepresented projects and create a new avenue for creative voices to flourish in the industry."
  • With their technology-driven solution and lean operational model, ShowBiz Direct is leading the charge in bringing vibrant new movies to the theatrical marketplace.
  • ShowBiz Direct is currently in negotiations with filmmakers and will be announcing their first theatrical project for the summer, in the coming weeks.