The state of careers in entertainment is shifting radically. As a new college major takes over the industry, the latest class of graduating seniors also is being told by their screenwriting and film professors, “Nope, find another line of work.” But how do these shifting tides impact those already mid-career? The team talks about Elaine Low’s new Salary Confessions series, where one development exec bares their full rage and grief as their ambitions — and pay — hit a dead end.

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Maypocalypse Now just came to a close, ending with the worst box office since 1995. The timing happens to coincide with Paramount’s uncertain future as Sean McNulty, Richard Rushfield and Elaine Low talk through the current state of play — and best and worst case scenarios. Meanwhile, in TV land, the team dive into Elaine’s stunning interview with a big name TV studio exec who, anonymously, explains their private thoughts and intel on what’s selling, what’s not and why the market is in such chaos.

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At the Cannes Film Festival, the active buyers’ market and (largely) applauded indies had everyone in the market, from haute couture hangers-on to cinema’s swells, feeling festive says Claire Atkinson. But back in L.A., an early June gloom has descended, with Sean McNulty, Elaine Low and Richard Rushfield talking movies’ early signs of a summer bummer — and a release calendar that looks like it’s on Ozempic.

Transcript here.

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Hollywood descended upon New York City this week for the Upfronts, the traditional TV showcase, to promote almost everything but as sports, live events and movies dominated the stage and star power. The crew breaks it down while Richard Rushfield and Sean McNulty dive into Hollywood’s new, possibly misguided belief that sports will save Hollywood.

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Earnings season has been a rough go as Disney, Paramount, Fox and Warner Bros. Discovery deliver their Q1 results. And if you thought “Sports Hulu” was a surprise, just wait for the new bundle of Disney+, Hulu and . . . Max?! Sean McNulty dives into Disney and Warners tepid earnings, their new streaming bundle, and the urgency in joining forces. Plus: Do you have to be from an Ivy League school to rise to the top of Hollywood? Maybe the opposite, says Richard Rushfield, who breaks down alma maters of the industry’s bold-faced names.

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RSVP to the upcoming event at the link below:

May 13th – The Ankler x Backstage Screening Series: Expats

May 14th – The President & The Podium

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What to do in this moribund market? Elaine Low outlines TV writers’ post-strike challenges — including the rickety staffing ladder — while our new Dealmakers columnist Ashley Cullins dives into the deterioration of the overall deal — and her news that Amazon and Apple are presenting new terms to industry agents and lawyers that sound a lot like . . . backends! (Remember those?) Plus: Peter Kiefer assesses agency efforts behind the celebpreneur boom, while the crew breaks down Paramount’s ongoing drama and previews summer box office.

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Link here to live stream the Milken Institute: Journalism Today: New Voices, New Models, New Methods where Janice Min (Ankler Media, CEO) will be speaking on May 7th at 4p PST.

RSVP to the upcoming events at the links below:

May 10th (Waitlist Only) – Ed Zwick and Janice Min: In Conversation

May 13th – The Ankler x Backstage Screening Series: Expats

May 14th – The President & The Podium

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Reacher, The Terminal List and Jack Ryan may not win Emmys, but Dad TV has become a juggernaut for a TV business desperately needing one. Entertainment Strategy Guy joins Sean McNulty to break down the truth behind Prime Video’s Dad TV crown, streaming’s corresponding Mom TV — and what the abundance of both mean for prestige TV. Also: the crew on the state of Peacock after Comcast’s earnings call; what five TV agents told Elaine Low about the state of the business; and Richard Rushfield’s marketing stunts that worked.

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Though the strikes ended, the fight around AI is far from over. Following the debut of her Dealmakers newsletter, new contributor Ashley Cullins joins to reveal her conversations with powerhouse entertainment lawyers and CAA, their behind the scenes maneuvering to protect Hollywood talent, and the agonizing Sophie’s Choice actors will face when deciding to allow AI replica rights (a choice the A-list can reject more easily, but not up-and-comers). Also: Elaine Low details five TV agents’ assessments of what streamers want to buy these days, and Richard Rushfield foretells A24’s dangerous trajectory.

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There’s plenty of worry about AI writing scripts . . . but let’s see AI come up with a story about two billionaire families negotiating a complex sale of an iconic, troubled entertainment conglomerate — and wreaking havoc in their wake. Sean McNulty and David Lidsky weigh just what David Ellison’s buying, why every shareholder not named Shari Redstone is mad and what AI has to do with it. Speaking of, Sean welcomes producer Erik Barmack to discuss his new Reel AI newsletter for The Ankler and how the technology can be a “cheat code” in script coverage. Also: Elaine Low on laid-off execs starting their own companies, and Richard Rushfield from CinemaCon.

Also, we’ve been nominated for a Webby Award, vote for us here by April 18th!

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When Endeavor went public in 2021, the agency pulled out all the stops to present itself as innovators and a disruptor — the kind of terminology Wall Street loves from tech companies. But, as it often goes with the media companies that try the same tack, “investors never fully bought it,” says David Lidsky, who joins to evaluate Endeavor’s recent decision to go private again. Also: Sean McNulty and Elaine Low discuss the culmination of Disney’s proxy war, and Peter Kiefer joins to break down his story on Silicon Valley’s new ideology around AI and why Hollywood should pay attention. 

Also, we’ve been nominated for a Webby Award, vote for us here by April 18th!

Transcript here. For more entertainment news, subscribe to The Ankler here.

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