formerly Mad Cornish Projectionist.
Spain has announced a new €25 million public-private investment operation aimed at strengthening its audiovisual industry through a partnership with South Africa’s Known Associates Group (KAG). The initiative, supported by the Spanish Society for Technological Transformation will establish a production … Continued
The collapse of the merger comes as both companies face growing competition from AI image generators that offer a cheaper and easier way to create visuals. Source: https://www.reuters.com/legal/transactional/getty-images-scraps-shutterstock-merger-2026-06-30/
The deal, expected to close in the second half of 2027, will separate ITV Studios into a standalone global content business and return roughly £950 million ($1.27 billion) to shareholders. Source: https://variety.com/2026/tv/news/sky-itv-media-entertainment-sale-1236802209/
U.K. Secretary of State for Culture, Media and Sport Lisa Nandy cited concerns around the plurality of views in news media, and consolidation in on-demand programming. Source: https://www.hollywoodreporter.com/business/business-news/uk-may-try-stop-paramount-warner-bros-discovery-deal-1236633743/
Meta wants to steal TV viewers, Amazon and Apple are meddling with content, and traditional media companies are pursuing megadeals to try and survive. Source: https://www.hollywoodreporter.com/business/business-news/hollywood-big-tech-war-entertainment-platforms-1236628274/
Shadowcast Pictures, a Los Angeles-based production equipment rental company that supplied cameras, lighting and other filmmaking gear to movies, television shows and commercials for nearly two decades, has ceased operations after struggling through years of industry turmoil. Source: https://www.yahoo.com/news/us/articles/hollywood-collapse-continues-another-production-213515839.html