Michigan Weed Sales Decline in January Michigan’s cannabis industry witnessed a bit of a rollercoaster ride as it wrapped up a record-breaking December only to be met with a surprising 13.5% sales dip in January, bringing total sales to $242.8 million. This downturn is part of a wider pattern of slower growth, marking the most modest year-over-year growth since March 2022. On a brighter note, … Continue reading Michigan Weed Sales Decline in January
Ohio’s Recreational Marijuana Legislation Faces Prolonged Discussions Following the approval of recreational marijuana by Ohio voters in November 2023, the legislation has yet to be fully implemented amidst ongoing discussions among state lawmakers. House Speaker Jason Stephens (R) has described the issue as complex, reflecting the multifaceted nature of legalizing and regulating a substance like marijuana. The Origins of the Debate Tom Haren, representing the … Continue reading Ohio’s Recreational Marijuana Legislation Faces Prolonged Discussions
Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content The CineSearch Service Enhances Content Discovery via an Extensive Catalog of Enriched Metadata to Power a Next-Generation Recommendation System with Unified Search Across All Streaming Platforms LOS ANGELES— Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company, announced today the forthcoming launch of cineSearch. … Continue reading Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content
Cinelease Studios to Drive Major Expansion in Albuquerque, New Mexico Cinelease Studios, a leading entertainment service company, has announced bold plans for expanding its Albuquerque, New Mexico, operations. With a projected $95 million investment, the expansion at 9201 Pan American Freeway NE is set to include the addition of five state-of-the-art soundstages and two support buildings, enhancing New Mexico’s growing prominence in the entertainment industry. … Continue reading Cinelease Studios to Drive Major Expansion in Albuquerque, New Mexico
“The Mandalorian” fans, get ready to experience more of your favorite galaxy-roaming duo— Grogu and his guardian! Lucasfilm is thrilled to announce an upcoming film drawn from the critically-acclaimed TV series, set to start filming this year. Since its premiere on Disney+ in 2019, the show has captured the hearts of millions, led by the inscrutable bounty hunter and his adorable protege, affectionately named Baby … Continue reading “The Mandalorian” fans, get ready to experience more of your favorite galaxy-roaming duo—Grogu and his guardian!
Houston Film Producer Celebrates Sundance Victory, Eyes Future Latino Narrative Projects Following their triumphant success at the Sundance Film Festival, Luz Films, under the helm of Houston’s own Sergio Lira, is riding high on the acclaim of “In the Summers.” The film, marking writer and director Alessandra Lacorazza Samudio’s first feature outing, clinched the Grand Jury Prize Dramatic at Sundance. Featuring talents such as Sasha … Continue reading Houston Film Producer Celebrates Sundance Victory, Eyes Future Latino Narrative Projects
” Is Worth More Dead Than Alive -Here’s Why– Yep, It’s Legal! Warner Bros. Discovery’s decision to shelve “Coyote vs. Acme,” despite having completed the film, raises eyebrows and questions in equal measure. Opting for a significant financial hit, the entertainment giant is choosing to absorb a $70 million loss rather than accept an offer substantially below production costs, sparking a wave of discussions across … Continue reading ‘Coyote vs. Acme’ Is Worth More Dead Than Alive -Here’s Why and Yep, It’s Legal!
New Analysis Criticizes New York’s $700 Million Film Tax Credit for Poor Returns A recent state-commissioned report casts a shadow over New York’s generous $700 million annual film tax credit, revealing that the program may not be as economically beneficial as previously thought. The detailed analysis, prepared by the PFM Group and mandated by state legislators, takes a critical look at this hefty subsidy and … Continue reading New Analysis Criticizes New York’s $700 Million Film Tax Credit for Poor Returns
“Deadpool & Wolverine” Shatters the Internet: A Superhero Crossover Sensation! In an epoch-defining moment of Mutant Mayhem, the “Deadpool and Wolverine” trailer has officially taken the throne as the Most Epic Trailer Reveal of All Time in the marvelous world of the Marvel Cinematic Universe (MCU)! Premiering during the adrenaline-fueled Super Bowl fest, this dynamic duo racked up a mind-blowing 365 million views within the … Continue reading “Deadpool & Wolverine” Shatters the Internet: A Superhero Crossover Sensation!
Paramount Global Initiates Significant Cost-Reduction Measures with Staff Cuts In a decisive move aimed at enhancing profitability, Paramount Global is set to reduce its workforce by approximately 800 positions. This action forms part of a broader strategy to trim costs while the company continues to explore the sale of its assets in whole or in parts. CEO Bob Bakish conveyed the company’s direction in a … Continue reading Paramount Global Initiates Significant Cost-Reduction Measures with Staff Cuts–Lays Off 800
