Media Business News: Friday, July 21st

Industry Policy & Regulations

• How the Supreme Court’s Affirmative Action Ruling Could Impact the Academy’s New Diversity Requirements?- Hollywood Reporter
• Italian government working on reforms to 40% tax credit to “raise quality level” of projects?- Screen Daily

Company News & Strategic Moves

• Microsoft and Sony Must Embrace Partnership After Activision Deal?- Variety
• HBO’s Potential Netflix Deal Isn’t So Shocking — but It Is Significant?- Variety
• Amazon Agrees to Pay $25 Million Fine to Settle Allegations Alexa Voice Assistant Violated Children’s Privacy Law?- Variety
• ?AMC Theatres Drops Controversial Plan to Charge More Money Based on Seat Location?- Variety
• France’s Canal+ Group Acquires Stake in Scandinavian Streamer Viaplay?- Variety
• Vancouver’s FatBelly VFX expands to Australia?- Playback
• Bron files for bankruptcy after ‘incredibly difficult’ few years?- Playback
• TelevisaUnivision Notches Upfront Gains By Taking Dollars from English-Language Rivals?- Variety
• Rai Cinema head Paolo Del Brocco talks Venice and investing $85m in Italian content?- Screen Daily

Market Analysis & Trends

• AI, Failing Exhibition Sector Among Challenges to Be Examined by U.K. Parliamentary Inquiry Into Film and High-End TV?- Variety
• Film, TV & Video Game Tax Credits Generated $3.2 Billion Worth Of Extra Spending In France From 2017 to 2021 — Study?- Hollywood Reporter
• TelevisaUnivision Quarterly U.S. Subscription Revenue Jumps 10 Percent, Advertising Grows 1 Percent?- Deadline
• Tarak Ben Ammar says Italy and France need more film studios, but UK market is “saturated”?- ScreenDaily

People Movements

• Interscope Geffen A&M Boosts Four Senior Execs to President and General Manager Levels?- Variety
• Kate Bedingfield Joins CNN As Political Commentator?- Deadline
• ?Michael Kustermann promoted to CEO at Alamo Drafthouse Cinema?- Screen Daily
• Bafta film committee chair Anna Higgs joins UK talent agency Casarotto Ramsay & Associates?- Screen Daily

Film Festivals & Events

• Sheffield DocFest reveals 2024 dates?- Screen Daily