Weekly Journal #245

Industry News

Hollywood has left Los Angeles (New York Magazine)

California Legislature Approves Film & TV Tax Credit Bills Sans $750M Funding Expansion (For Now) (Deadline)

Disney Laying Off Hundreds In TV & Film Entertainment, Corporate Finance (Deadline)

Inside Hollywood’s Succession Wars (Hollywood Reporter)

Everyone Is Already Using AI (And Hiding It) (Vulture)

Film

Las Vegas Studio Proposal Backed by Sony and Warner Bros. Dies in Nevada Legislature (Variety)

A New York Startup Just Threw a Splashy Event to Hail the Future of AI Movies (Hollywood Reporter)

Television

Warner Bros Discovery Initiates More Layoffs In Cable TV Divisions (Deadline)

Gotham TV Awards: ‘Adolescence,’ ‘The Pitt’ & ‘The Studio’ Among Big Winners (Deadline)

Gary Levine to Retire From Showtime After 40 Years in Programming (Hollywood Reporter)

Streaming’s Final Frontier: 60M Cable Holdouts Still in Play (The Ankler)

Link to Weekly Journal #245

John Wells