#Entertainmentindustry

[flowfeelarts]

Here we are in the City of Dreams - the actual DREAM FACTORY. There's no place like it. No business like SHOW Business. :)

Treat every day like a precious gift. A special moment in time. From the Hills to the Beach to the Coffee Shops and Taco Stands - we're here! HOLLYWOOD. HOLLYWOOD LOVE baby!

[hollywood-love]

Here we are in the City of Dreams - the actual DREAM FACTORY. There's no place like it. No business like SHOW Business. :)

Treat every day like a precious gift. A special moment in time. From the Hills to the Beach to the Coffee Shops and Taco Stands - we're here! HOLLYWOOD. HOLLYWOOD LOVE baby!

[phonemantra-blog]

The world of television and film production was struck by a heartbreaking loss this past weekend. Rico Priem, a veteran grip working on the popular Fox drama "9-1-1," died in a car accident early Saturday morning. This incident has reignited concerns about long working hours and crew member safety on sets. 9-1-1 Crew Member Dies A Dedicated Crew Member Lost Priem, a member of the International Alliance of Theatrical Stage Employees (IATSE) Local 80, was reportedly driving home after a grueling 14-hour overnight shift on location in Pomona, California. Details surrounding the accident are still emerging, but the California Highway Patrol is investigating. Industry Tributes and Calls for Safety The news of Priem's passing sent shockwaves through the industry. Both IATSE and 20th Television, the studio behind "9-1-1," issued statements expressing their condolences to Priem's family and friends. IATSE's Commitment to Safety: The union emphasized its commitment to crew member safety, stating, "Workers have a reasonable expectation that they can get to work and come home safely. No one should be put in unsafe circumstances while trying to earn a living." A Life Cut Short: Fellow grip Nina Moskol, who knew Priem from previous projects, shared a heartfelt tribute on social media. She described him as a "wonderful man, charismatic, vibrant, connected to people on shows everywhere," lamenting the loss of someone who was "on the cusp of retirement, with his paperwork filed." Moskol's words paint a picture of a dedicated professional on the brink of a well-deserved break. A Pattern of Production-Related Accidents Priem's death is not an isolated incident. The entertainment industry has witnessed several crew member accidents in recent months: J.C. "Spike" Osorio: In February 2024, a rigger working on Marvel's "Wonder Man" tragically died after falling from the rafters at Radford Studios. The Pickup Crew Injuries: In April 2024, an action sequence on the set of Amazon-MGM Studios' "The Pickup" went awry, resulting in injuries to multiple crew members. OSHA investigations into both these accidents are ongoing. Long Hours and Safety Concerns The extensive length of production schedules and the impact on crew commute home has long been a cause for safety concerns. IATSE members have consistently voiced these concerns, particularly during union negotiations in 2021. Focus on Long Workdays: The union prioritized securing financial penalties for production companies exceeding acceptable work hours and failing to provide mandatory rest periods during their recent negotiations with studios and streamers. A Call to Action The tragic loss of Rico Priem serves as a stark reminder of the human cost associated with demanding production schedules. This incident necessitates a renewed focus on prioritizing crew member safety: Shorter Work Hours: A reduction in production day length can significantly reduce fatigue and minimize the risk of accidents during commutes home. Enforced Rest Periods: Adherence to mandatory rest breaks ensures crew members are well-rested and more focused during work hours. Improved Safety Protocols: Investing in comprehensive safety protocols and thorough risk assessments for every production can prevent avoidable accidents. Moving Forward The entertainment industry thrives on the dedication and talent of its crew members. The tragic loss of Rico Priem underscores the need for a collective effort to ensure safe working environments for everyone involved in bringing our favorite stories to life. Let's honor Priem's memory by prioritizing safety and fostering production practices that value crew well-being.

[justjacquiboldbeauty]

[carawayryan]

Rachel Alig, Kate Beecroft and Ryan Caraway on the set of First Blush.

[ryancaraway]

Ryan Caraway in Absolution (2024), starring Liam Neeson

Credits: Absolution (Liam Neeson), Masterclass (Kevin Spacey), P-Valley (Starz), East of Wall (Scoot McNairy & Jennifer Ehle)

[pixleddisplay]

Flaming Tower.

[hitfame]

Entertainment just got more connected. Hit Fame is here to level up your career! 🚀

[whatsissue]

Disney Stock Surges on Streaming Growth and Positive Guidance

Disney Stock Surges on Streaming Growth and Positive Guidance

Disney's stock has experienced a significant surge, driven by impressive growth in its streaming services and optimistic financial guidance. This upward momentum has captured the attention of investors and analysts, raising important questions about the company’s future in the competitive entertainment landscape. In this article, we’ll delve into the factors contributing to Disney's stock performance, the success of its streaming platforms, and the implications for the company's overall strategy.

The Streaming Success Story

Disney has emerged as a formidable player in the streaming market, particularly with its flagship service, Disney+. Launched in late 2019, Disney+ quickly gained traction, attracting millions of subscribers with its rich library of content, including classics from Disney, Pixar, Marvel, and Star Wars. Subscriber Growth The rapid subscriber growth of Disney+ has been a key driver of the stock surge. Recent reports indicate that the platform has surpassed significant milestones, showcasing its appeal in a crowded marketplace. This growth is not only vital for Disney's bottom line but also establishes Disney+ as a serious competitor to established players like Netflix. Content Strategy Disney's strategic focus on high-quality, original content has been instrumental in attracting and retaining subscribers. The company has committed to producing exclusive series and films that resonate with a diverse audience, ensuring that there is always something new for subscribers to enjoy.

Positive Financial Guidance

Alongside its streaming success, Disney has provided encouraging financial guidance that has further boosted investor confidence. Revenue Projections Disney's management has projected strong revenue growth driven by its streaming services, theme parks, and merchandise sales. This positive outlook has prompted analysts to revise their earnings forecasts upward, contributing to the bullish sentiment surrounding Disney's stock. Cost Management Initiatives Effective cost management has also played a role in enhancing Disney’s profitability. By optimizing operations and reducing unnecessary expenses, the company is well-positioned for sustained financial success.

Theme Parks and Experiences

While streaming growth is a significant factor, the recovery of Disney's theme parks and experiences segment has also contributed to the stock surge. Increased Park Attendance As pandemic restrictions ease, Disney's theme parks have seen a resurgence in attendance, leading to higher revenue levels. The reopening of parks and the introduction of new attractions have drawn visitors eager to experience the magic of Disney once again. Integrated Experiences Disney’s strategy of integrating its streaming content with its theme park offerings creates a cohesive brand experience. Attractions based on popular Disney+ series and films enhance the overall guest experience, driving cross-promotion between the two segments.

Market Reactions and Analyst Insights

The surge in Disney's stock has elicited positive reactions from market analysts, many of whom have expressed optimism about the company's future. Upgraded Ratings Following the positive earnings report and guidance, several analysts have upgraded their ratings on Disney’s stock. The consensus is that Disney is well-positioned to capitalize on the growth of its streaming services and the recovery of its theme park business. Long-Term Potential Analysts are increasingly bullish on Disney's long-term potential, citing the company’s strong brand, diverse content portfolio, and ability to adapt to changing market conditions. This sentiment has fueled the upward momentum in Disney’s stock price.

The Competitive Landscape

As Disney continues to expand its streaming services, it faces fierce competition from other major players in the industry, including Netflix, Amazon Prime Video, and HBO Max. Understanding this competitive landscape is crucial for evaluating Disney's future prospects. Adapting to Competition Disney has shown a remarkable ability to adapt to the competitive pressures of the streaming market. By consistently expanding its content library and investing in high-quality productions, Disney is positioning itself to attract and retain subscribers in a crowded marketplace. Strategic Partnerships To enhance its competitive edge, Disney is also exploring strategic partnerships and collaborations. These alliances can help expand its reach and offer unique content that differentiates its platforms from competitors. Collaborations with other networks or streaming services can introduce exclusive content that draws in new viewers and keeps existing subscribers engaged.

International Expansion

Disney's strategy for international growth is another critical factor contributing to its stock surge. As the company looks to broaden its global footprint, it has identified key markets where it can grow its subscriber base. Localized Content To appeal to diverse audiences, Disney is investing in localized content tailored to specific regions. This strategy not only enhances its relevance in international markets but also helps build a loyal subscriber base in various countries. Expanding Distribution Channels In addition to localized content, Disney is expanding its distribution channels. By partnering with local telecom companies and streaming platforms, Disney can increase its accessibility and reach in international markets, further driving subscriber growth.

Embracing Technological Innovations

Disney's commitment to embracing technological innovations is another reason behind its strong stock performance. The company is leveraging cutting-edge technology to enhance its streaming services and viewer experience. Enhancing User Experience Disney is investing in improving the user interface and overall experience of its streaming platforms. Features such as personalized recommendations, user-friendly navigation, and high-quality streaming options contribute to increased viewer engagement and satisfaction. Exploring New Formats Disney is also exploring new content formats, including live events, interactive programming, and virtual reality experiences. These innovations can attract new audiences and keep existing subscribers engaged, setting Disney apart from its competitors.

Long-Term Vision and Sustainability

Disney's long-term vision for its streaming services and overall business strategy is focused on sustainability and continued growth. Commitment to Original Content Disney's commitment to producing original content remains a cornerstone of its strategy. By continually investing in new films and series, the company ensures that it has a steady stream of fresh content to attract and retain subscribers. Balancing Revenue Streams While streaming is a significant growth area, Disney is also focused on balancing its revenue streams across its various segments, including theme parks, merchandise, and media networks. This diversified approach helps mitigate risks associated with reliance on any single revenue source.

Conclusion

Disney's impressive stock surge, fueled by strong streaming growth and positive guidance, highlights the company's strategic positioning in the evolving entertainment landscape. With a robust content strategy, international expansion efforts, and a commitment to innovation, Disney is set to thrive in the competitive market. As investors remain optimistic about the company's future, Disney continues to be a key player in the entertainment industry, poised for long-term success. Read the full article

[mortiz888-blog]

Why I Turned Down $50 Million: The Real Story

Discover why choosing integrity over money mattered more to a comedian who walked away from a lucrative deal. We delve into the entertainment industry’s pitfalls and the personal experiences that shaped this bold decision. #ComedyCentral #DaveChappelle #EntertainmentIndustry #IntegrityOverMoney #FameRisks #ComedianLife #CareerChoices #PersonalJourney #BehindTheScenes #LifeLessons

[enterprisewired]

Disney to Name Bob Iger’s Successor in 2026, Appoints James Gorman as New Chair

Source: telecom.economictimes.indiatimes.com

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Walt Disney Company has officially set a timeline for the announcement of Bob Iger’s successor as CEO, signaling a critical milestone in its leadership transition. On Monday, Disney announced that the company would name Iger’s replacement in early 2026, marking the first time the entertainment giant has set a formal timetable for this crucial decision.

The move is seen as a long-awaited step toward addressing Disney’s succession challenges, which have plagued the company for several years. Iger, known for transforming Disney through key acquisitions, including Pixar, Marvel, and Lucasfilm, has had his retirement date extended multiple times. Initially returning from retirement in 2022 after his chosen successor, Bob Chapek, was ousted, Iger had planned to stay for two years but later extended his tenure until 2026.

While the announcement comes as a relief to many investors, the search for a suitable successor to Bob Iger remains a critical challenge. Disney has yet to make a final decision, with several internal and external candidates in the running for the role. The succession plan will be closely monitored as Disney aims to ensure a smooth leadership transition before Iger’s expected departure.

James Gorman to Lead Disney’s Board as Chair

In addition to revealing the CEO succession timeline, Disney also announced the appointment of James Gorman, a veteran executive from Morgan Stanley, as its new chairman of the board. Gorman, who will take over the role on January 2, 2024, brings a wealth of experience, having served as CEO of Morgan Stanley for 14 years, where he led the firm through significant growth, particularly in its wealth management division.

Gorman’s leadership in executing Morgan Stanley’s own succession plan, which saw Ted Pick assume the CEO role while other contenders remained at the firm, has earned him praise from peers. His focus on transparency and rigor in leadership transitions is expected to play a key role as Disney embarks on its search fo rBob Iger’s replacement.

The appointment of Gorman comes as Mark Parker, the current chair of Disney and executive chairman of Nike, steps down after nine years on Disney’s board. Parker expressed confidence in Gorman’s leadership, noting that his experience would be instrumental in guiding Disney through its CEO succession process, a top priority for the board.

Candidates for Disney’s CEO Role Emerge

As Disney gears up for the 2026 leadership transition, several internal candidates are emerging as potential successors to Bob Iger. Among the contenders is Dana Walden, Disney Entertainment Co-Chair, who is seen as a creative executive with a track record of success in television. Walden’s deep relationships with talent and her creative vision align closely with Bob Iger’s leadership style, making her a strong candidate.

Other potential successors include Josh D’Amaro, the charismatic chairman of Disney Experiences, who oversees the company’s lucrative theme park operations, and Jimmy Pitaro, the chairman of ESPN, known for spearheading the sports network’s digital transformation. Alan Bergman, a Disney veteran who oversees the company’s film studios, is also seen as a strong contender, having led successful box office hits this year.

Disney’s board, led by Gorman, will continue to evaluate both internal and external candidates as the company prepares for its leadership transition. As the process unfolds, investors and analysts will keep a close watch on the company’s efforts to ensure a smooth and successful handover in 2026.

[flowfeelarts]

We have meetings every week with well-established long time industry leaders and one consistent theme from them all -- Hollywood is changing! But how much and how???

Listen in for our thoughts: https://www.youtube.com/watch?v=gZVLjosI3DY

[hollywood-love]

Championship city. World class everyday. Bring the heat and the action weekly! Always on point, always shining. From the street of Boyle Heights to the sandy beaches of Venice, LA is glossed out on the reg. Best of the SEASON - HOLLYWOOD LOVE!

[shuttech]

Netflix’s Subscriber Slowdown: Why Profit and Stock Are Still on the Rise

Explore how Netflix navigates subscriber slowdown while profits and stock values continue to rise, showcasing resilience in the streaming market.

https://shuttech.com/technology/netflixs-subscriber-slowdown-why-profit-and-stock-are-still-on-the-rise/

[phocuskamphotography-blog]

Sneak peak into an amazing new client and her star studded event

Angela Davis, Atlanta based Actress, Acting Coach

Fight Night Red Carpet, Sept 2024

[carawayryan]