Posts

Showing posts with the label Best Entertainment Lawyer in Los Angeles

A Great Quarter for Lionsgate (Finally)

Image
  It’s been choppy waters for Lionsgate since its split from Starz and the expenses that come with such a move. However, they’re back in quarterly profit according to their latest financials, as Brandon Blake, Entertainment Lawyer Los Angeles at Blake & Wang P.A. breaks down.                                                                         Brandon Blake Quarterly Profit With both The Housemaid and Michael to bulk up its finances, it’s not that surprising that this would be its best quarter since the split. They’re also back in the black for what is the fourth quarter of their financial year, taking $70.2M (as opposed to last year’s loss of $117.4M). Overall revenue hit the $906.5M mark ($865.6B last year), if the $206.2M in intersegment elimination of the Starz split is considered. Lion...

A Rebrand Underway for AMC Networks

Image
  There seems to have been a spate of renamings throughout Hollywood in the last few years, and now the trend has come for AMC Networks, home of the vastly popular The Walking Dead IP. Brandon Blake, entertainment attorney at Blake & Wang P.A., has the news to share.                                                                    Brandon Blake Moving Away from TV Networks The name change itself is not major. AMC Networks will now be known as AMC Global Media. The deeper story, however, lies in why the company has decided to shake up its brand. The “Networks” part of their current name refers, of course, to the TV networks that were once foundational to success in entertainment. However, as TV itself slips from the ultimate destination to one of many potential options, the parent company has decided to refl...

This Week’s Box Office Roundup

Image
  After a box office year that turned out surprisingly successful despite its initial woes, have we hit the same slump this year? Brandon Blake, take a look at entertainment lawyer at Blake & Wang P.A., is here to share the latest news from the silver screen.                                                                   Brandon Blake                                                                  Good News for Paramount Ahead of their coming deal with Warner Bros., which had a fantastic set of releases last year, Paramount will be happy to see some of that magic rub off on them. Despite critics feeling anything but confident about the latest in...

Chinese New Year Cinema Roundup

Image
After Ne Zha 2 ’s extraordinary rise last year, it was inevitable that this Chinese New Year’s cinema takings would look a little drab. However, this is also one of the most influential periods for Chinese cinema. Brandon Blake, the entertainment lawyer with Blake & Wang P.A., offers a look under the hood of this year’s cinematic performance.                                                                         Brandon Blake A Successful Box Office? It’s tempting indeed to note the decline in this year’s takings and leave it at that. However, the Chinese New Year brought home RMB 5.75B, or about $842.3M over the festivities. Admissions were 120 million people.  That’s 18% down on last year’s takings, which hit RMB 7M, or $965M. Was this year likely to match Ne Zha 2 ? No. That was a remarka...

Paramount Still Trying to Woo Warner Bros. Shareholders

Image
  While they haven’t formally upped their current all-cash bid for Warner Bros., Paramount has sweetened the deal a little with a ticking fee. To fill us in on this latest development, we have Blake & Wang P.A. check entertainment lawyer Los Angeles USA, Brandon Blake.                                                                     Brandon Blake Ticking Fee Offer   While the underlying $30 all-cash bid per share will stay in place, they have added a new $0.25 per share ticking fee payable to the shareholders for every quarter the deal Paramount wants with Warner Bros. Discovery has not closed, with the timeline starting on the last day of this year.   This should come out to around $650M in value per quarter and, at a deeper level, is also something of a flex from Paramount that it...

The Box Office Bounce is Heading Up

Image
  The box office and its recovery have been a major worry for most entertainment players since the COVID closures contributed to an industry-wide shakeup. Despite some ups and downs, however, the trend has been up, and it should be a good year for theatrical, as Brandon Blake, USA-based entertainment lawyer Los Angeles at Blake & Wang P.A.                                                                     Brandon Blake Strong Stable Slate   Notably, this will be the very first year after the closures where we have the thing most essential to box office success: a reliable and stable slate with real weight behind it. The early 2020s, obviously, had COVID-linked disruptions to filming, and the box office moved right on to the dual strikes of 2023, further impacting the flow of films. With a full sl...

Versant Will Start the New Year as a New Company

Image
 In a planned company split that is going far smoother than it is for Warner Bros, Comcast has now shared that Versant will be ready to operate as a standalone company from January. Blake & Wang P.A.one of the top entertainment lawyer in Los Angeles, USA, Brandon Blake, unpacks what we know.                                                                           Brandon Blake Board of Directors Approval One of the last hurdles in the planned split of most of their cable TV assets from Comcast proper has now been passed, with Comcast’s board passing approval of the spinoff company. This will happen on Jan 2, after the close of trading in the US.   This split will see many familiar assets move into Versant control, including SyFy, MSNBC, E!, CNBC, the Gold Channel, and Oxygen. Ver...

Wicked Brings Some Pep Back to the Box Office

Image
  In some great news for a rather lackluster fall box office, Wicked: For Good has turned in a successful opening weekend, one of the best box office openings ever for most of its stars, including the director and producer. We have Blake & Wang P.A.one of the top entertainment attorney in Los Angeles, USA, Brandon Blake, with more.                                                                                                             Brandon Blake Beating Records   Ironically, Wicked: For Good is turning in a performance that the first film could only dream of. It’s also the second biggest North American opening of this year, lagging behind only A Minecraft Movie . Its debut was officially $15...

Zootopia 2 Should Perk Up The Thanksgiving Box Office

Image
  Will we see another highly successful Thanksgiving box office weekend? With Zootopia 2 already performing strongly in tracking, we certainly could. In fact, the sequel could even beat out last year’s Moana 2 , or even give 2019’s Frozen 2 a good run. With the full story, we have Brandon Blake, an entertainment lawyer from Blake & Wang P.A.                                                                             Brandon Blake   Strong Debut Predicted   Presales for the film are already in line with Pixar’s Inside Out 2 . That film opened at $154.2M over just 3 days back in June 2004. Zootopia 2 has 5 to put to good use, and current predictions suggest that we could see the film take $125M+ on its opening weekend.   To date, Disney has been responsible for ...

YouTube Snags Even More of the TV Market

Image
  It’s definitely been a great quarter (and indeed, a great year) for YouTube TV. As it releases its next quarter earnings, complete with a growing share of the TV Market, we have Brandon Blake, Entertainment Lawyer Los Angeles at Blake & Wang P.A., with the facts and figures.                                                                             Brandon Blake   Advertising Grows   In the latest financial quarter, YouTube TV advertising brought home $10.3B. This is a significant rise from the start of the year, which closed at $8.9B, rising to $9.8B in the previous quarter. Alphabet, its parent company (alongside Google), took in total revenue of $102.35B, with earnings per share of $2.87. This is a 16% growth over 2024, and came in above analysts’ expectations....

Neon Makes a Strong Play for Awards Season Success

Image
  Armed with its 6th consecutive Cannes Palme d’Or winner, Neon is ramping up its awards season bid with a surprisingly successful limited screening. Brandon Blake, our best entertainment lawyers in los angeles in the know from Blake & Wang P.A., takes a look at the film’s chances ahead of the major awards events.                                                                               Brandon Blake Neon: Not an Accident It Was Just An Accident took $68k over a single weekend and three screens, for a $115k total over five days. It’s clear they’re hoping the film will join its stable of award winners, including Parasite’s 2019 success and a four year winning streak since 2021 with Titane, Triangle of Sadness, Anatomy of a Fall, and Anora , and its recent Cannes victory ce...

Tron Turns in a Lackluster Weekend

Image
  Another decade, another Tron film that has failed to grip the box office quite the way that Hollywood would like it to. Despite missing its box office projections, however, the film turned in a credible opening weekend supported by some strong holdovers. Here’s the box office latest from Brandon Blake, best entertainment lawyer in los angeles at Blake & Wang P.A.                                                                              Brandon Blake Crossing $60M Although earlier projections had foreseen a higher start, Tron: Ares managed to add $60.5M to Disney’s box office kitty, with $27M of that coming from offshore starts at the international box office. Interestingly, the movie is performing better across both audience and critical ratings than its predecessor. ...

One Battle After Another Wins a Box Office Victory

Image
  While we may be in the slow season between the summer box office and the year-end slates, the box office is still ticking over nicely. With several strong performers this week, we have Brandon Blake, our top entertainment law firms los angeles at Blake & Wang P.A., with a recap.                                                                                 Brandon Blake One Battle After Another Emerges Victorious In its sophomore session, we’ve seen another strong performance from One Battle After Another , with only a 22% drop at the international box office. With a further $21.7M in the kitty this week, it has now taken $101.7M total to date. The film performed particularly well in New Zealand and Germany, as well as the Latin American and Nordic markets. It will be P...

Fubo Approves Hulu Merger

Image
  Fubo shareholders have voted to approve a planned merger with Hulu + Live TV, which will form a larger company under Disney’s control. We have Brandon Blake, entertainment lawyer at Blake & Wang P.A, with all the details.                                                                               Brandon Blake Subject to Governmental Green Light Fubo is a niche streaming platform, focusing on over-the-top sports streaming. The Disney deal has been in the works since January this year. Live sports programming has been a real growth area for streaming over the last few years, and Disney has been making considerable inroads into their sports offerings in a bid for greater share of the market.   For Fubo, the shareholder vote will be the final step before the merger heads to ...

Manhattan Gains Its First Purpose-Built Soundstage

Image
  There’s a new little slice of LA in Manhattan: Sunset Pier 94 studios. Sunset Studios has a long history of managing purpose-built soundstages in Los Angeles, with their latest portfolio expansion now bringing one to New York, too. We have Brandon Blake, entertainment law firms los angeles at Blake & Wang P.A., with the news.                                                                           Brandon Blake Two-Year Long Dream Sunset Studios, a joint venture between Hudson Pacific Properties and Blackstone, has now officially opened its first purpose-built Manhattan soundstage. Initially headed by Vornado, the project eventually came to life as a private-public partnership including the New York City Economic Development Corp. New York is, itself, in the midst of revitalizing its tax...

Thirty Years of the Busan Film Festival

Image
  South Korean cinema  has become a household name for creativity and excitement. With this in mind, what lessons can we take home from the Busan Film Festival? We have the news from Brandon Blake, best entertainment lawyers in los angeles at Blake & Wang P.A.                                                                      Brandon Blake 30th Anniversary This year, the Busan International Film Festival returned ready to celebrate its third decade as one of Asia’s largest film showcases. The festival has helped the world discover many now-iconic Korean directors, from Bong Joon-hoo to Park Chan-wook. While it has had its share of flops, and even a scandal or too over the years, the festival still thrives under new leadership, with several changes introduced to this year’s program.  What to Kn...

An Anime Win for Sony with Demon Slayer

Image
 There’s some good news (finally) for both Sony and Crunchyroll as we see one of the most successful anime openings to date from Demon Slayer: Infinity Castle . With all the details about this new win, we have Brandon Blake, the top entertainment law firm Los Angeles at Blake & Wang P.A.                                                                    Brandon Blake A New Record Demon Slayer: Infinity Castle saw a magnificent opening weekend, bringing in somewhere in the range of $70M over its opening weekend. This also earned it the 6th best opening for September, the best on record for an anime movie. It’s also the best opening Sony has seen in the last two years, as well as a first for Crunchyroll. It’s estimated that 4.5M people have seen the film to date.   It’s a particularly impressiv...

No Spin-Off Ahead for Paramount Assets

Image
With the dust finally settling on the turbulent Paramount-Skydance merger, the now-merged companies do not seem keen on another rising entertainment trend- spinning off their cable networks. However, it seems they will be focusing mostly on their streaming potential. We have Brandon Blake, the best entertainment attorney in Los Angeles at Blake & Wang P.A., with the full story.                                                                              Brandon Blake   No Spin Offs Ahead   Although we have seen a general move towards spinning off legacy and cable channel networks into stand-alone companies this year, with NBCUniversal and even Warner Bros. looking to lighten their load and modernize their business models, it seems the new Paramount leadership is not on b...