Entertainment News Roundup: Warner Bros Discovery's surprise loss clouds strong streaming unit show; DeSantis signs bill allowing Florida board to cancel Disney deals and more
Under the bill, which passed the Republican-controlled legislature largely along party lines, the Central Tourism Oversight District Board - whose members are appointed by DeSantis - can cancel any deals signed up to three months before the board's creation. Director Damien Chazelle to head Venice Film Festival Damien Chazelle, the Oscar-winning director of hit movies "La La Land" and "Whiplash", will head the main competition jury at this year's Venice Film Festival, organisers said on Friday.
Following is a summary of current entertainment news briefs.
Warner Bros Discovery's surprise loss clouds strong streaming unit show
Warner Bros Discovery Inc reported a surprise quarterly loss on Friday on costs tied to its 2022 merger, taking the shine off the first profit for its streaming business and sending the company's shares down 5%. The media company forged by the union of WarnerMedia and Discovery Inc recorded a $1.81 billion charge in the first quarter due to the merger, while also booking $95 million in restructuring expenses.
DeSantis signs bill allowing Florida board to cancel Disney deals
Florida Governor Ron DeSantis on Friday signed a bill into law that gives a new board he controls the power to void development agreements its predecessor body signed with Disney - the latest episode in a feud between the conservative governor and the entertainment giant. Under the bill, which passed the Republican-controlled legislature largely along party lines, the Central Tourism Oversight District Board - whose members are appointed by DeSantis - can cancel any deals signed up to three months before the board's creation.
Director Damien Chazelle to head Venice Film Festival
Damien Chazelle, the Oscar-winning director of hit movies "La La Land" and "Whiplash", will head the main competition jury at this year's Venice Film Festival, organisers said on Friday. The Franco-American director, screenwriter and producer has close ties to the festival, having opened the prestigious event with two of his films in the past decade -- "First Man" in 2018 and "La La Land" in 2016.
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