Stay Connected“Ankler Agenda” breaks down the headlines, trends and creativity shaping the evolution of Hollywood, the creator economy and entertainment.
The show is hosted by Elaine Low, author of Ankler Media’s popular “Series Business” Substack newsletter, who is joined weekly by her colleagues Sean McNulty (“The Wakeup”) and Natalie Jarvey (“Like & Subscribe”) — in addition to Richard Rushfield, the Ankler himself. Episodes will also be available every Thursday on YouTube.
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This week featured two huge film jobs finding their man: Netflix and Disney. Over at Netflix, seasoned producer Dan Lin is set to replace Scott Stuber, and Disney promoted David Greenbaum from Searchlight head to Disney Studios head. Do these moves mean a return to more original fare? “There’s reason for hope,” says Richard Rushfield. “I mean, normally when you get these kinds of announcements, it’s like, ‘Ok, well, another person like that to a different person like that.’ But these are people you’re genuinely excited to see what they might do, so go figure.” Also: the crew discusses the Paramount and Endeavor earnings calls, and what the takeaways were from the whole earnings slate.
Transcript here. For more entertainment news, subscribe to The Ankler here.
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As Warner Bros. Discovery chief David Zaslav pours money into reconstructing Robert Evans’ legendary estate, a far more daunting reconstruction awaits: his company. On Friday, WBD had its Q4 earnings report, and it wasn’t pretty. Zaslav’s company missed on both earnings and revenue, and the stock went down roughly 12 percent. The crew looks at what WBD’s head honcho's plan to remedy the disaster. Also: Richard Rushfield breaks down his five-part field guide for how to navigate Hollywood types, and Elaine Low gives an update on the upcoming IATSE negotiations.
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The gods of Hollywood never give with both hands. Just ask Paramount who, in one week, delivered a record-shattering Super Bowl and Jon Stewart’s triumphant return. But currently for sale, the debt-laden studio within days was laying off three percent of its workforce — roughly 800 staffers — and Warren Buffett shed a third of his stock in the company. The team weighs in on what appears to be a shortage of interested buyers, why, and what happens next. Also: Elaine Low on how to read the TV tea leaves from her chat with FX chief John Landgraf.
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Disney CEO Bob Iger dropped one bombshell after another this week: a new ‘sports Hulu’ with Warner Bros. Discovery and Fox, a gaming splurge, and, yes, of course, news about Taylor Swift. As the Q4 earnings call revealed, theme park revenue continues to lead, as linear TV profits sunk, and streaming and the movie studio suffered nine-figure losses. What does it all mean? Elaine Low, sitting in as host of this week’s podcast, also shares her findings on where the jobs are (and aren’t) around the TV industry; Peter Kiefer joins to break down his big stories on the drama behind L.A.’s private school scene and the spiraling doc market. Transcript here.
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A film executive with a TV metabolism. Relationships with top talent. A culture fit in a challenging company. If you can manage all three, you might have a shot at the Netflix film chief role recently vacated by Scott Stuber. There’s lots of names in competition, but more reasons for boss Bela Bajaria to be picky. “If you judge power in film by how much you can green light, there’s no film job that’s even close to this,” says Richard Rushfield. Also: Elaine Low on the new reality in the unscripted space, and Peter Kiefer delves into Westwood’s historic Fox theater’s new ownership group, led by none other than Jason Reitman.
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Netflix’s head of film, Scott Stuber, stepped down from his post after seven years in a perfect ankling (meaning, it was unclear who left whom and why). That shocker was followed by one bombshell after another: a massive 10-year, $5 billion deal for WWE Raw in its first move into live sports, the most Oscar nominations out of any studio, and a record subscriber count reported on its earnings call. All of it portends a different Netflix than the one we’ve known. “Who else is making giant moves like this right now?” asks Richard Rushfield, who earlier examined the Stuber departure. Also: Claire Atkinson joins to break down her buzzy story on Hollywood’s overworked, often abused PR chiefs to the CEOs.
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Inside the gleaming towers of marble and modern art containing Hollywood’s storied agencies lays the beehive of Hollywood: 10 percenters rolling calls and doing deals (that close slowly), and fresh faces filing the mailroom. But agencies aren’t immune to industry upheaval. Consolidation is just one reason more agents are leaving for management(resulting in a new class of manager superstars) as the team dives into our weeklong series about the representation business. Also: Elaine Low returns from TV conference NATPE, and Richard Rushfield and Peter Kiefer check in from Sundance.
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Toast the New Year with RC Cola? It’s the kind of subpar beverage apropos to the first days of 2024, where a dreary Golden Globes (the RC Cola of Awards Shows) was celebrated for not being the lowest-rated in history; one of the most valuable companies in the world (Amazon) laid off hundreds in Hollywood, and one of the most storied studios (Paramount) has perched a semi-permanent “For Sale” sign out front. “It’s not a great way to start off the year,” says Elaine Low, who’s joins Sean McNulty and Richard Rushfield to survey the worsening landscape that — surprise! — may yet deliver some silver linings.
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Five years ago, Hollywood rose up in protest over Saudi Arabian dissident Jamal Khashoggi’s murder, which U.S. intelligence found was approved by the country’s leader, Crown Prince Muhammad bin Salman. Now, with Hollywood in lean times and in need of new markets, the Kingdom and its $776 billion sovereign wealth fund appear back in favor, reports Claire Atkinson, with one movie producer likening it to "California in the 1920s." Meanwhile, political waters also are churning around the Golden Globes, where a ribbon-wearing campaign for Israeli hostages being held captive by Hamas may or may not bear out, explains Peter Kiefer, who broke news of the efforts. Also: Andy Lewis delivers George Santos’ thoughts on an upcoming HBO film, and Richard Rushfield expounds on his New Year resolutions for Hollywood.
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From mass layoffs to major strikes to multiplex disasters, the entertainment industry isn’t likely to forget 2023. Richard Rushfield runs through his annual Ankler 100, Hollywood’s most miserable moments of the year, as 2024 looms with even more possible disruption as a Warner Bros. Discovery-Paramount merger raises myriad questions: Would a hypothetical deal even pass DoJ and FTC muster? What would HBO/Showtime and CNN/CBS News combos look like? And will any of these efforts even matter against Big Tech? Says Claire Atkinson, who joins Sean McNulty and Elaine Low: “It feels to me like they need to do these huge acquisitions or else the tech guys are just going to run away with the show.”
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Note: The Ankler Podcast will not be releasing an episode next week. See you in 2024!
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