Hollywood

California’s Newsom Doubles Film Tax Credits to Revitalize Hollywood

2 months ago

In a strategic move to rejuvenate California's film industry, Governor Gavin Newsom has announced a significant increase in film tax credits. This decision comes amid growing concerns regarding the competitive landscape for Hollywood, as production shifts to other states and nations offering more attractive incentives. The state will double its existing film tax credits, elevating the total available credits from $330 million to a remarkable $660 million annually.

Fox Unveils Ambitious New Series: Billionaire Apocalypse, Co-Produced by Hugh Jackman

2 months ago

In an exciting development for television enthusiasts, Fox has announced its plans to produce a groundbreaking new series titled "Billionaire Apocalypse," with acclaimed actor and producer Hugh Jackman at the helm. This series promises to delve into the intricate and often controversial lives of the ultra-wealthy as they navigate a world on the brink of chaos.

A New Era for Legendary Entertainment: Apollo Global Management Acquires Wanda Group Stake

2 months ago

In a significant shift in the film and entertainment landscape, Apollo Global Management has finalized its acquisition of a controlling stake in Legendary Entertainment from the Wanda Group. This strategic buyout marks a pivotal transition for Legendary, a company renowned for producing blockbuster franchises such as "Jurassic World," "Godzilla," and "Dune."