☀️A24’s YT Creator Pic; AMAZON Comes For More TV Ad 💰WB enlists Eggers / NETFLIX eyes wrestling show / UNI keeps spec 🔥 going
Mornin! This is Sean McNulty (connect with me on LINKEDIN here if ya like or email me at seanmcnultynyc@gmail.com), and here’s the Hollywood + Media news to know on Thursday, June 12, 2025. Where ad business, it’s been real. First META, and now AMAZON is offering merchants the ability to create up to 21-second video ads by using a gen AI tool . . . and it only takes about 5 minutes to do.
So, if you see a guy who looks a lot like Reacher trying to sell you a watch on AMAZON — now you know why.
WELL: It’s not just salary and benefits costs that a company saves in a large layoff — fewer employees = less office space! PARAMOUNT is looking to offload about 355k sq. ft. of office space at its midtown NYC locations. SO: Add FITCH to the ratings services, downgrading WBD’s credit rating to junk status. DATE SAVING: The Grammys will be Sunday, Feb. 1, 2026 on CBS, the weekend before the Super Bowl this year. AND: BTS members are starting to get discharged from their mandatory 18 months of military service, kindling hopes for a reunion tour. I mean, it did wonders for Bieber after his ROTC stint. OH: A data broker owned by the major airlines is selling your personal info regarding where you’re flying and your credit card info to ICE and CUSTOMS & BORDER PATROL, according to 404 Media. . . and no, that data broker did not want you to know that. THEN: DISNEY and NBCU are suing gen AI company MIDJOURNEY for copyright infringement, with claims of using programming from their libraries to train its LLM and displaying images of their copyrighted characters. 🍿 PLUS: Add this to your Q2 economic warning signs — CITIGROUP has added a few hundred million dollars to the funds it keeps to protect against losses on the loans it’s made. A “just in case” policy to be sure (those funds are in the billions each quarter), but take it as ya like. ALSO: LIVE NATION is investing $1B over the next 18 months in 18 new or renovated venues to upgrade facilities, mostly in smaller markets, so it can AH: OPENAI has expanded its sights around fundraising conversations to Saudi Arabia and India for its next 💰 round (coulda sworn it just raised money a minute ago), targeting $40B. REMEMBER: A different kind of Open begins today — round 1 of the ⛳️ U.S. Open tees off this afternoon on . . . good ‘ol basic cable! #USANETWORK Way to know your demo, pro golf.
BUT: At least the U.S. Gov’t is finally getting rid of that useless FEMA group . . . well — after hurricane season, which hopefully the current FEMA head has finally learned the dates for. Eh, FEMA doesn’t do much in red states anyway, right? AND: At least if you live near a power plant, you’ll soon be getting bonus mercury and other toxic chemicals in your air! Free of charge. REST IN PEACE: Goes out a staple of many a Millennial tween’s afternoons, former MTV VJ Ananda Lewis, who died at 52 years old after a battle with breast cancer. WAKEUP BOX OFFICE POLLUNI/DWA’s How To Train Your Dragon is looking at $65M to $75M (although I think most are targeting the upper part of that range).
🎥 THE SILVER SCREEN
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