- Guardians of the Galaxy Vol. 3 earned US$282 million at the box office this weekend (Variety)
- Disney and WB Television among the studios reportedly suspending overall deals with talent (Deadline)
- Ex-Yahoo CEO says Netflix or Hulu would have been a “better acquisition” than Tumblr (The Verge)
- These are the costs and challenges of running a modern-day movie theater (IndieWire)
- The AMPTP rejects claims that WGA members are working in a “gig economy” (Variety)
- AMC Entertainment blows past its Q1 sales projections by 20% (Deadline)
- The US government will invest US$140 million to launch seven new AI R&D centers (Engadget)
- Star Wars: Visions filmmakers share how they brought local influences to a galaxy far, far away (Cartoon Brew)
- Iconic comic book artist and publisher Jim Lee re-ups as president of DC Comics (THR)
- British writers working for Disney and Netflix get caught in limbo during the WGA strike (Variety)
- E-commerce giant Shopify cuts workforce by 20% and sells its logistics business (Bloomberg)
- The UK’s antitrust regulator is reviewing the risks and opportunities of generative AI models (Tech Crunch)
- Disney’s eyeing a US$250-million opening weekend for Guardians of the Galaxy Vol. 3 (Deadline)
- Sally Riley steps down as ABC’s head of drama, entertainment & indigenous (TBI Vision)
- Latine representation in TV shows and films has dropped to 2019 levels, a new study finds (THR)
- Sony, Interpublic and AMC will take part in Nielsen’s next move to count multi-screen viewers (Variety)
- WGA members are hitting the picket lines for the first time in 15 years (THR)
- … Meanwhile, Britain’s guild will bar writers from joining if they take on US work (Deadline)
- Samsung bans the use of AI tools after ChatGPT leaks internal documents (Tech Crunch)
- Early childhood experts weigh in on Bezos Academy preschools (EdSurge)
- WGA notifies members to prepare for strike if deal isn’t reached by end of day (THR)
- Amazon and Walmart shareholders are calling for the companies to address workers’ wellness issues (Bloomberg)
- The Super Mario Bros. Movie exceeds US$1 billion at the global box office (IGN)
- BBC chairman Richard Sharp resigns following a Boris Johnson loan investigation (TBI Vision)
- Amazon is cutting 100 jobs at Amazon Studios and Prime Video (Deadline)
- Feature film My Father’s Dragon and preschool series Odo are among this year’s Irish Animation Awards nominees (Screen Ireland)
- Bento Box Entertainment CEO Scott Greenberg leaves the Fox-owned animation studio (TBI Vision)
- Spider-Man: Across the Spider-Verse and Transformers: Rise of the Beasts get release dates in China (THR)
- Disney shuts down short-form division 20th Digital Studio in its second round of layoffs (TBI Vision)
- Comcast reports a 4% drop in Q1 revenue, Peacock posts losses of more than US$700 million (Deadline)
- …Meanwhile, Roku’s revenues were up by 1% in Q1 to US$741 million (DTVE)
- Warner Bros. Discovery teams up with Viacom18 to bring its portfolio to India (THR)
- YouTube ad revenue drops by 2% to US$6.7 billion in Q1 (Variety)
- Imax signs multi-theater deals with CMX Cinemas to expand in Florida and Mexico (THR)
- UK blocks Microsoft’s acquisition of Activision Blizzard (Bloomberg, subscription content)
- Sony unveils Spider-Man: Across the Spider-Verse content at CinemaCon (IGN)
- Warner Bros. Discovery CEO David Zaslav says he doesn’t “believe in direct-to-streaming movies” (Deadline)
- Netflix plans to spend US$2.5 billion on South Korean TV and film content (THR)
- Disney targets ABC and Freeform in its second round of layoffs (TBI Vision)
- Spotify hits 210 million paying subscribers in Q1, but revenues are lower than expected (WSJ, subscription content)
- Disney+ Hotstar’s head of content wants to expand original programming in other languages (Variety)
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