• Thu, March 6, 2025

by: MovieWeb

Disney Laying Off 200 ABC Employees, Cutting News Operations Like 538

Massive cuts are coming for the House of Mouse as ABC News shuts down around 200 jobs, as well as key news operations including 538.

by: timesnownews

Himesh Reshammiya Lauds Superhit Memes Of Badass Ravi Kumar: Vibe Logon Ne Pakdi Hai, Usi Se Ye Viral Hua Hai | EXCLUSIVE

Badass Ravi Kumar and its memes dominated everybody's social media feeds for months. From packed theatres to viral posts, Himsh Reshammiya's film surpassed all expectations. In an exclusive chat with Zoom,

by: MyBroadband

MultiChoice and Showmax top South Africa's entertainment media rankings

The latest PressPulse rankings show that MultiChoice and Showmax outperform Spotify, Disney+, and Netflix in online media sentiment.

by: TheStreet

Disney makes a drastic cost-cutting decision amid troubles

SIGN UP for TheStreet's FREE Daily newsletter 💰💸 Because Disney is an expert in multimedia, the company saw the huge potential and massive monetary gains that entering the streaming service industry could bring to its business and was quick to develop its own,

by: EssentiallySports

Curtis Polk: Meet Michael Jordan's Business Partner and NASCAR's Hunt in Countersuit

A key dignitary in the world of sports, Curtis Polk is the right-hand man of Michael Jordan. The post Curtis Polk: Meet Michael Jordan's Business Partner and NASCAR's Hunt in Countersuit appeared first on EssentiallySports.

by: Stockhouse

A Savvy investment in the future of digital media and world-building

GameSquare Holdings (NASDAQ:GAME) and if its current performance is any indication, 2025 is proving to be just as significant. The next-generation media company recently announced record annual sales for 2024,

by: FilmiBeat

Critics' Choice Awards 2025: Amar Singh Chamkila To Laapataa Ladies, Check Out All The Nominations

GroupM Motion Entertainment, GroupM's content investment, production, and distribution arm, and the Film Critics Guild, India's first registered association of film critics, is thrilled to unveil the nominations for the highly anticipated 7th edition of the Critics Choice Awards.

by: exchange4media

WPP announces partnership & minority investment in Stability AI

The partnership will enhance WPP's ability to deliver cutting-edge, AI-driven content solutions to its clients across various entertainment channels

by: Moneycontrol

Famous Carnatic singer Sivasri Skandaprasad ties knot to BJP leader Tejasvi Surya in intimate South Indian wedding, see pics

Carnatic singer Sivasri Skandaprasad and BJP leader Tejasvi Surya, the MP from Bangalore South, got married on March 6 in a private ceremony. Surrounded by close family and friends, the couple began their new journey together in a warm and joyous celebration.

by: News24

Baby No. 14? Elon Musk silent on alleged 13th child as he seemingly confirms new baby son Seldon

Elon Musk has seemingly confirmed the birth of his 14th child as a custody battle between Musk and his alleged 13th child's mother Ashley St. Clair continues to intensify.

by: Tuko

Omosh One Hour regrets supporting Raila Odinga blindly, risking his life: "Niliambia sikuskia"

Raila Odinga's supporter Omosh One Hour regrets backing ODM, saying leaders have abandoned him. He seeks help to pay KSh 47,000 for his child's medical surgery.

by: RochesterFirst

Finalists will be revealed for World Video Game Hall of Fame

The finalists for the World Video Game Hall of Fame will be announced Thursday morning. Video game experts will be making the announcement at the Strong Museum's "ESL Digital Worlds: High Score" exhibit.

by: Reuters

As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope

Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global ports business highlighting geopolitical volatility,

by: WolverinesWire

Jon Bon Jovi, Dorothea celebrate 200,000 Soul Kitchen customers in Red Bank, Toms River

Bon Jovi and wife Dorothea Bongiovi celebrated the Red Bank and Toms River JBJ Soul Kitchen community restaurants' 200,000th customer with the video posted to the Soul Kitchen social media sites.

by: PennLive

Fans praying for 'The Rock' Dwayne Johnson after he shares heartbreaking news

Dwayne "The Rock" Johnson took to social media Tuesday to reveal a heartbreaking loss for his family. The beloved professional wrestler and actor posted a carousel of photos and videos of himself with his French bulldog, Hobbs, while announcing that he has died.

by: Forbes

2025's AI Video Showdown: Comparing Google Veo 2 And OpenAI Sora

An expert comparison of OpenAI's Sora vs Google's Veo2 revealing which AI video tool offers better physics, interfaces and creative potential for your projects.

by: Broadcast

Organisers reveal London TV Screenings numbers, 2026 dates

Founding quartet All3Media International, Banijay Entertainment, Fremantle and ITV Studios confirmed the 2026 edition will take place during the final week of February (week commecing 23 February).

by: Insider

A Las Vegas bar, a wedding venue, and a Swedish hotel: How retired Boeing 747s are being turned into tourist attractions

A Las Vegas entertainment venue took delivery of a 55-year-old Boeing 747 and plans to convert it into an immersive cocktail and dining experience.

by: legit

Mercy Chinwo vs VDM: Singer's Ex-manager Reportedly Seen Running Out of Court Premises Amid Case

Amid the ongoing fight between Mercy Chinwo and Verydarkman, a report emerged online disclosing that the singer's former music manager ran out of the courtroom.

by: NBC

All About Tom Llamas and His Wife Jennifer's Beautiful Family

Llamas is currently a senior national correspondent for NBC News and anchor of Top Story with Tom Llamas on NBC News NOW, NBC's 24/7 live news stream. (And he will continue to hos

by: MSN

On Sale: Get the Roku Express Streaming Media Player for Under $18

This content may contain affiliate links. If you would like to support us and use these links to buy something, we may earn a commission. Prices are effective at publishing time only and prices can change at any time.

by: Variety

Judge Declines to Block Paramount-Skydance Merger, but Accelerates Investor Suit

A Delaware judge on Thursday declined to issue an order to temporarily halt the merger between Paramount Global and Skydance Media. But in the ruling, Chancellor Kathaleen McCormick agreed to set a "break-neck pace" for an investor suit that seeks to block the deal in favor of a competing bid from Project Rise Partners.

by: Deadline

Vox Media Studios Signs With CAA, Names Dana J. Olkkonen Head Of Studio

EXCLUSIVE: Emmy-winning Vox Media Studios has signed with CAA for representation in scripted film and television, and has named Dana J. Olkkonen as its new Head of studios. In her new role, Olkkonen oversees the television and film business for the entire Vox Media publishing portfolio.

by: Vulture

A Guide to Celebrity Defamation Cases

The highest-profile legal battle, of course, involves It Ends With Us director-actor Justin Baldoni's defamation suit against co-star Blake Lively over her claims that he mistreated her on set. In addition to Lively's allegations spawning numerous other lawsuits,

by: Yen

Lil Win's Wife Maame Serwaa Looks Regal In Kente And Gold Ensembles, Photos

Maame Serwaa, the wife of actor Lil Win, turned many heads online as she rocked a kente cloth and gold ensembles to commemorate Independence Day on March 6, 2025.

by: EURweb

Atlanta Rapper Ralo Shares His Powerful Story of Survival and Redemption in New Memoir, CHOSEN | PICs

Terrell "Ralo" Davis, the Atlanta rapper known for his gritty lyrics and unfiltered storytelling, is unveiling his most personal narrative yet in his new memoir, CHOSEN. Rising to fame with his 2015 breakout single "Can't Lie" featuring Future,

by: Gothamist

Who will be New York City's next Cellino & Barnes?

by: Deadline

Produced By Conference Sets 2025 Date

The Produced By Conference, the annual panel and networking confab organized by the Producers Guild of America, has set the date for its 2025 edition. The event will take place Saturday, May 31 on the Universal Studios lot in Universal City.

by: Yahoo

SXSW 2025 Preview: Blake Lively, Seth Rogen, UFO doc 'The Age of Disclosure'

For the first time since 2022, the SXSW Film & TV Festival is not unfolding over the same weekend as the Academy Awards. Perhaps coincidentally, this year's lineup is arguably the starriest and most compelling in years.

by: People

Cooper Alan Took the Expected Route with His Music Career. And Then TikTok Completely Changed Everything (Exclusive)

After creating a huge following online, the country singer talks exclusively with PEOPLE about his next moves Cooper Alan has had a whirlwind few years, and has only gone up from there. The country singer,

by: Variety

Produced By Conference Returns in May for Networking and Panel Discussions on Universal Studios Lot

The Produced By Conference returns May 31 with networking opportunities and discussions on where producing is headed, AI and current television hits.

by: legit

Portable Shares Food Items to Community Members During Ramadan, Lent, Video Trends: "He's a Giver"

Nigerian singer Portable recently gave out foodstuff to people in his community during the Ramadan and Lent fasting period. The video raised mixed feelings.

by: Forbes

2025 Predictions For Digital Media, Consumer Tech And Gaming Industries

Jennifer Acree, founder and CEO of JSA+Partners, a strategic comms firm working with consumer tech, digital media and gaming companies. With 2025 well underway, the digital media, consumer tech and gaming industries are poised for another year of dynamic transformation,

by: pinkvilla

Cha Eun Woo to enlist soon? His agency Fantagio's signing of Kim Seon Ho for 1.4 million USD sparks speculations

Cha Eun Woo is speculated to enlist soon with his agency investing a massive sum in getting Kim Seon Ho on board. Netizens are not happy about it.

by: Yen

Farida Mahama Enjoys Luxury Lifestyle As She Cruises In Grand Convoy

Farida Mahama shared a video of herself riding in a presidential motorcade. The motorcade was secured by several police men on motorcycles who ensured she's safe.

by: NDTV

NDTV Exclusive: Amish Tripathi And Sai Abhishek On How Gen Z Is Making Mythology Trendy Again

The exclusive conversation touched upon the fusion of mythology and modern-day exploration, with discussions on spiritual quests, technology and the resurgence of interest in historical content.

by: Reuters

UK's ITV meets expectations with 11% earnings rise

ITV, Britain's biggest free-to-air broadcaster, met market expectations with a 11% rise in 2024 earnings, reflecting record profit in its Studios production business, an improved margin in Media and Entertainment (M&E) and cost savings.

by: Tuko

Kenyan Prince Admits Accident, Breakup with Girlfriend Was Clout Chasing: "Kucheza na Akili"

Kenyan Prince confessed to staging a car accident and fake breakup for social media attention. Fans reacted with mixed emotions to his admission.

by: Tuko

Pritty Vishy Says She's Open to Polygamy as Long as Man Is Rich

Influencer Pritty Vishy shared that she was open to getting into a polygamous marriage and cautioned broke men who try to marry multiple women to stop.

by: People

Plane Passenger Goes Viral After Receiving Romantic Note from Pilot on Back of a Napkin While Waiting at the Airport

"A pilot just placed this on my table and walked away," influencer Steph Bohrer, 23, captioned her 11-second clip on social media

by: Variety

The Joy Factory: How Mattel Keeps Its Enduring Brands Present in Pop Culture

Call it the joy factory. Mattel brands have never been more present in pop culture as the pioneering toymaker celebrates its 80th anniversary.

by: legit

Actress Chika Ike Welcomes Baby Girl, Ini Edo, Rita Dominic, Rejoice: "Why You Cover Her Face?"

Nollywood actress Chika Ike has welcomed a baby girl as her first child as she shared adorable pictures of her and the newborn at the hospital stirring reactions.

by: Deadline

Mediapro Studio Joins As Producer On Kickboxer Doc 'Benny The Jet' From Keanu Reeves And Fisher Stevens

EXCLUSIVE: The Mediapro Studio US & Canada has joined as a co-producer of the documentary on the life story of Benny "The Jet" Urquidez, the iconic athlete who introduced mixed martial arts to the world.

by: Yahoo

Pamela Bach, actor and ex-wife of David Hasselhoff, dies at 62

Pamela Bach, an actor and the ex-wife of "Baywatch" star David Hasselhoff, has died at 62. The Los Angeles medical examiner's office reports that she died Wednesday and the cause is still under investigation.

by: Variety

Loam Entertainment Greenlights Indie Film 'Bad Counselors' (EXCLUSIVE)

Loam Entertainment has green-lit the independent comedy "Bad Counselors," fully financing the project along with Zero Gravity.

by: Variety

Miami Film Festival Sets Lineup With 'Meet the Barbarians' Opening and 'On Swift Horses' Closing Night Screening

"Oh, Hi!" (United States, directed by Sophie Brooks) starring Molly Gordon, Logan Lerman, Geraldine Viswanathan, and John Reynolds, the film centers on Iris and Isaac (Gordon and Lerman) whose first romantic weekend getaway goes awry in a most unexpected way.

by: Variety

ProSiebenSat.1 Sees Revenue Grow to $4.2 Billion Despite Market Headwinds, Streaming Platform Joyn Surges

German media giant reports revenue growth to $4.23 billion for 2024, with streamer Joyn seeing 44% growth while traditional TV advertising declines.

by: Variety

ITV Delivers Profit Surge Despite Revenue Dip, Bolstered by Streaming and Cost Cuts

The British media giant reported an 11% increase in group adjusted EBITA (earnings before interest, taxes, and amortization) to £542 million ($700 million), driven by record profits at ITV Studios and growth in its Media & Entertainment division.

ITV Delivers Profit Surge Despite Revenue Dip, Bolstered by Streaming and Cost Cuts

The British media giant reported an 11% increase in group adjusted EBITA (earnings before interest, taxes, and amortization) to £542 million ($700 million), driven by record profits at ITV Studios and growth in its Media & Entertainment division.
ITV, the British broadcaster, reported its financial results for 2024, highlighting a challenging year with a 15% decline in total advertising revenue, which significantly impacted its overall performance. Despite this, ITV managed to increase its streaming service, ITVX, by 55% in streaming hours, showcasing a strong shift towards digital platforms. The company's total revenue fell by 7% to £3.6 billion, with adjusted EBITDA dropping by 22% to £490 million. ITV Studios, however, saw a slight revenue increase of 2% to £2.2 billion, driven by demand for content. To address the downturn, ITV announced cost-saving measures, including a reduction of 200 jobs, aiming to save £50 million annually. Additionally, ITV is focusing on expanding its global content production and enhancing its digital offerings to adapt to the evolving media landscape.

Read the Full Variety Article at:
https://variety.com/2025/global/global/itv-2024-financial-results-1236328975/

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