Weekly Journal #275
Industry News
Skydance Is Offering Employees Voluntary Buyouts Ahead of Layoffs, Adopts 5-Days-per-Week In-Office Policy (Variety)
George Cheeks Sets Leadership Team at Skydance TV (The Hollywood Reporter)
Studios Get Millions From California’s Tax Credit. But They Balk at the State’s Diversity Initiative (The Hollywood Reporter)
Instagram Tests 90-Minute Horizontal Videos in Major Play for Podcasters and Creators (The Hollywood Reporter)
L.A. City Council Passes New Motions Aimed at Film-Friendly Overhaul (The Hollywood Reporter)
‘One Job Away’ Campaign Highlights SAG-AFTRA Actors’ Struggle to Qualify for Health Insurance: “This Is Systemic” (The Hollywood Reporter)
Skydance TV Co-Chair George Cheeks Reveals Executive Structure Following Paramount-Warner Bros. Merger (Variety)
NYC Production Boom Sees Permits And Spending Surge, Sound Stages Max Out: “We Are Bursting At The Seams” (Deadline)
Why Emmy Wins and Hollywood Recognition Don’t Guarantee Jobs for BIPOC Artists: ‘The Needle Has Not F***ing Moved’ (IndieWire)
Film
China’s First Fully AI-Generated Movie Flops at the Box Office (The Hollywood Reporter)
Hoorae’s Microdramas Found 580 Million Views. Can TikTok Get Hollywood Working Again? — Watch (IndieWire)