Viacom Profit Plunges; Hollywood Harassment Suit; Cannes on Alert

Thursday, May 4, 2017

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Viacom 2Q Profit Tumbles 60% on Restructuring Charge

Viacom 2Q Profit Tumbles 60% on Restructuring Charge

Viacom said profit in its second fiscal quarter fell 60% as the New York owner of Nickelodeon, Comedy Central and MTV took charges totaling $280 million related to restructuring and programming … By Brian Steinberg

Millennium Films Faces Explosive Sex Harassment Suit

Millennium Films Faces Explosive Sex Harassment Suit

A former executive at Millennium Films has filed a harassment lawsuit, alleging that the company fostered a culture that was demeaning towards actresses and female employees. The suit alleges t …

Cannes on Alert: Millions Invested to Thwart Terror Attacks at Festival

Cannes on Alert: Millions Invested to Thwart Terror Attacks at Festival

Set to unspool just 10 days after France’s fateful presidential election, the Cannes Film Festival is ramping up security measures more than ever before. The city is spending millions to bolste …

Stephen Colbert Defends Controversial Trump Jokes: 'I Don't Regret That'

Stephen Colbert Defends Controversial Trump Jokes: ‘I Don’t Regret That’

Stephen Colbert has addressed the controversial jokes about President Donald Trump that sparked a #FireColbert campaign over the past two days… but stopped short of an apology. “Welcome to ‘T …

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This Week’s Issue

WGA Deal: Major Shifts in Peak TV

WGA Deal: Major Shifts in Peak TV

The WGA’s contentious contract talks with the largest media conglomerates have stirred labor strife in Hollywood. How the writers and producers got to the brink.

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