- Europe’s box office generated US$5.5 billion last year, boosted by Avatar and Minions sequels (THR)
- …and here’s how Spain is setting itself up as a top animation hub (Variety)
- Sony Pictures Television and WBD extend their Central Eastern Europe content agreement (Broadband TV News)
- Netflix’s upfront for advertisers makes a last-minute pivot to virtual (Deadline)
- Paramount slashes 25% of its domestic cable workforce, shuttering MTV News (CNN)
- BuzzFeed leans into AI following a Q1 revenue decline (THR)
- PlayStation launches an initiative for indie game developers in India (Games Industry Biz)
- The American Psychological Association issues a health advisory on teen social media use (TechCrunch)
- Australia raises its Location Offset for international film and TV productions to 30% (Deadline)
- Amazon sets up new unit to sell original series and films to other outlets (THR)
- Nintendo sees full-year profits decline by 6.4% to US$6.6 billion (Games Industry Biz)
- Former Salto managing director Thomas Follin joins Canal+ Group (DTVE)
- Nickelodeon is revamping its look with the return of nostalgic art (Adweek)
- 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)
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