Latest news with #ANightattheMuseum
The Star
6 days ago
- Business
- The Star
Paramount's new owners to increase film production, hang on to cable networks
FILE PHOTO: A Paramount logo is shown on the top of a building in Hollywood before the Paramount Global $8.4 billion merger with Skydance Media is expected to be completed this week, in Los Angeles, California, U.S., August 5, 2025. REUTERS/Mike Blake/File Photo LOS ANGELES (Reuters) -Paramount Global unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feature film production following its $8.4 billion merger with Skydance Media. "We're thinking about ... the cable networks, not as declining linear assets that we need to spin off or deal with somehow," said President Jeff Shell. "We're thinking of those brands that we have to redefine." Shell joined Chairman and CEO David Ellison and the rest of the executive team at a media gathering on Wednesday on the Paramount Pictures lot, where they discussed strategy for their film, television, and streaming businesses - as well as emerging technologies such as artificial intelligence. The press event was held a week after Paramount completed its merger with Skydance Media, installing new leadership at the media company. Television Media Chair George Cheeks acknowledged the decline of cable television - "there's no question it's a super challenging business" - but added that the company's cable networks have created iconic franchises that may well thrive in the world of streaming video. Shell singled out BET, a network focused on Black culture that Paramount previously explored selling, as an important building block of the company's streaming strategy. Paramount's plans to develop its legacy cable networks come at a time when other media companies are shedding fading cable Bros Discoveryand Comcast have announced plans to separate their cable businesses from their studios and streaming operations. Josh Greenstein, co-chair of Paramount Pictures, said the studio plans to raise annual output, from eight this yearto 15 movies "very quickly," with the ultimate goal of releasing 20 films a year. The coming slate will include new installments of familiar franchises, such as "Star Trek" or "Transformers," as well as original movies, like the newly acquired James Mangold film project, "High Side," starring Timothée Chalamet. The studio also will seek out family fare, in the vein of "A Night at the Museum" or "The Goonies." "We love these movies. We all grew up on these movies, and we don't feel like many people are making them," said Dana Goldberg, co-chair of Paramount Pictures. Ellison said his goal is to transform Paramount into a haven for the most talented filmmakers and sees emerging technologies like artificial intelligence providing a tool to enhance storytelling. "I also think we have to acknowledge that this is a technology that is evolving, I think, faster than everyone in Hollywood really thinks it is," said Ellison, who is the son of Oracle co-founder Larry Ellison. "When you start putting that in a filmmaker's hands, I think you're seeing another moment that'll be as transformative as when John Lasseter and Steve Jobs built Pixar." (Reporting by Dawn Chmielewski; Editing by Jacqueline Wong)
Mint
6 days ago
- Business
- Mint
Paramounts new owners to increase film production, hang on to cable networks
LOS ANGELES, Aug 13 (Reuters) - Paramount Global unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feature film production following its $8.4 billion merger with Skydance Media. "We're thinking about ... the cable networks, not as declining linear assets that we need to spin off or deal with somehow," said President Jeff Shell. "We're thinking of those brands that we have to redefine." Shell joined Chairman and CEO David Ellison and the rest of the executive team at a media gathering on Wednesday on the Paramount Pictures lot, where they discussed strategy for their film, television, and streaming businesses - as well as emerging technologies such as artificial intelligence. The press event was held a week after Paramount completed its merger with Skydance Media, installing new leadership at the media company. Television Media Chair George Cheeks acknowledged the decline of cable television - "there's no question it's a super challenging business" - but added that the company's cable networks have created iconic franchises that may well thrive in the world of streaming video. Shell singled out BET, a network focused on Black culture that Paramount previously explored selling, as an important building block of the company's streaming strategy. Paramount's plans to develop its legacy cable networks come at a time when other media companies are shedding fading cable networks. Warner Bros Discovery and Comcast have announced plans to separate their cable businesses from their studios and streaming operations. Josh Greenstein, co-chair of Paramount Pictures, said the studio plans to raise annual output, from eight this year to 15 movies "very quickly," with the ultimate goal of releasing 20 films a year. The coming slate will include new installments of familiar franchises, such as "Star Trek" or "Transformers," as well as original movies, like the newly acquired James Mangold film project, "High Side," starring Timothée Chalamet. The studio also will seek out family fare, in the vein of "A Night at the Museum" or "The Goonies." "We love these movies. We all grew up on these movies, and we don't feel like many people are making them," said Dana Goldberg, co-chair of Paramount Pictures. Ellison said his goal is to transform Paramount into a haven for the most talented filmmakers and sees emerging technologies like artificial intelligence providing a tool to enhance storytelling. "I also think we have to acknowledge that this is a technology that is evolving, I think, faster than everyone in Hollywood really thinks it is," said Ellison, who is the son of Oracle co-founder Larry Ellison. "When you start putting that in a filmmaker's hands, I think you're seeing another moment that'll be as transformative as when John Lasseter and Steve Jobs built Pixar." (Reporting by Dawn Chmielewski; Editing by Jacqueline Wong)
Time Out
15-07-2025
- Entertainment
- Time Out
Domino Park's free outdoor movie series kicks off tonight—here's what you can see
New York City knows how to do summer right. Maybe it's all those months spent stuck inside during the winter, waiting for the slush to clear for our commutes and dreaming of the days of short sleeves and sunshine and wearing just a single layer. Maybe it's just how the longer days showcase the city at its best. Whatever the reason, there is no shortage of outdoor activities for New Yorkers, including plenty of outdoor movie screenings. But none of them offer the same dramatic backdrop as Domino Square, which just announced a summer screening series of its own. With the Williamsburg Bridge soaring in the background and the Manhattan skyline twinkling beyond it, Movie Nights in the Square at Domino Park will screen two movies a night every other Tuesday (no matter the weather, so be prepared). The series kicks off today July 15 with Ben Stiller in A Night at the Museum at 4 p.m., followed by Tom Hanks in Big at 7 p.m. Each movie night will include a family-friendly 4 p.m. screening (presented by A Rosie Day) and a 7 p.m. screening that explores New York City from the 1980s through the 2010s, presented by Nitehawk Cinema. On July 29, attendees can see Will Ferrell in Elf and the '90s Parker Posey classic Party Girl, while August 12 brings The Secret Life of Pets and Rent. And the series closes out August 26 with Teenage Mutant Ninja Turtles: Mutant Mayhem and the all-star Ocean's 8. A DJ set will play between movies at 6 p.m. for those who want to make it a double feature. Concessions will come courtesy of Other Half Brewery and Roni-Sue's Chocolates. And be sure to RSVP to save your space! This is the first summer for Domino Square, which opened in September 2024 as the final domino (pun very intended) to fall in the years-long construction of Domino Park. Among its offerings is a seasonal ice skating rink (the first on the Williamsburg waterfront), as well as plenty of green spaces and food and drink offerings. (By the way, you're movie ticket entitles you to 20-percent off ice cream at Oddfellows.)
