Warner Music Group COO and CFO Armin Zerza is stepping down from his role, the company announced on Friday, noting that the executive has decided to leave for “personal reasons.” Warner Records COO Tom Corson will replace Zerza WMG’s as COO, and the company is starting a search for its next CFO.
Zerza “will remain available to the company through the end of the fiscal year to ensure a seamless transition,” WMG said.
Louis Dickler, WMG’s SVP, Global Controller and Chief Accounting Officer will serve as interim CFO while the company looks for a replacement.
It’s a sudden departure for Zerza given that he joined the record company just over a year ago in April of 2025, and he was given the joint role as COO as well just over two months ago. Zerza’s successor will be WMG’s fourth CEO since 2023. Longtime CFO Eric Levin retired in 2023, succeeded by former ESPN and Disney executive Bryan Castellani before Zerza’s appointment in 2025.
“Armin has been an instrumental leader and member of the executive team during a crucial period of growth and transformation,” WMG CEO Robert Kyncl said in a statement. “We thank Armin for his outstanding business and financial leadership and enduring contributions to WMG, and we wish him all the best.”
Corson, meanwhile, is one of the most respected record executives in the music industry. Before joining Warner, he was the president and COO of RCA Music Group. With Warner Records CEO Aaron Bay-Schuck, the duo led a respected turnaround for the storied label, garnering a reputation in the record business for a strong artist development system with stars like Zach Bryan, Benson Boone and Sombr. With Corson moving to the corporate posting, following the transitional period, Bay-Schuck will helm Warner Records alone.
“It’s an honor to step into this role during such a transformative era for both our company and the industry at large,” Corson said in a statement. “A huge thanks to Robert for the opportunity, as well as to Aaron and the Warner Records team for the unforgettable run. I’m looking forward to building on our momentum, turbocharging operations, and creating even more impactful opportunities for our incredible artists and songwriters worldwide.”
As Kyncl said of Corson’s appointment: Tom is one of the most dynamic, respected, and effective executives in the music business, and a fierce champion of talent. Together with Aaron, he’s helped architect Warner Records’ resurgence, and we’ll leverage his vision, disciplined execution, and deep experience across the entire company as we continue to deliver for our artists and songwriters while achieving our top and bottom line goals.”
Soccer governing bodies in Europe and the Americas have come out against the proposal, which would see FIFA transfer its commercial operations to a new entity, FIFA Forward Enterprise (FFE), and sell 20 percent of the company to Thrive Capital, an invest group run by Joshua Kushner, the brother of Donald Trump’s son-in-law, Jared Kushner.
European soccer body UEFA on Thursday said it would boycott FIFA events, including the World Cup, if the plan went through. Concacaf, the association which represents national soccer associations across the Americans and the Caribbean, including the United States, has also voted to reject the deal.
On Friday, the Asian Football Confederation (AFC), without directly rejecting the FIFA proposal, issued a statement of solidarity with UEFA and Concacaf. The plan has provoked “unprecedented divisions” between FIFA members, the AFC said in a statement, and “cannot realistically” achieve “the necessary broad consensus and unity” needed to go forward.
The united opposition should mean the end of Infantino’s deal. Together, the UEFA, Concacaf and the AFC account for 143 of FIFA’s 211 members, more than enough to sink the proposal.
For the first time since he was elected president of FIFA in 2016, Infantino himself looks under threat.
In its statement, the Asian Football Confederation called on FIFA to undertake “an urgent review of its governance and decision-making framework.”
On Friday Carlos Cordeiro, one of Infantino’s senior advisors, resigned in protest over the controversial plan, calling it “a bad deal” that would “mortgage football’s future.”
U.K. Prime Minister Andy Burnham, a passionate soccer fan, has called out Infantino directly, saying Friday he was “the wrong man” to lead FIFA.
Before this scandal, Infantino looked certain to win a fourth term as FIFA president. He was running unopposed in elections, to be held in March, 2027. Now, North American soccer chief Victor Montagliani is looking to challenge him, according to media reports.
On Sept. 14, 1977, during the 8-9:30 p.m. time slot, Spider-Man swung to screens across America in CBS’ special presentation before launching a 14-episode run on the network. The TV movie bowed to a 17.9 rating and 30 share but ABC’s Charlie’s Angels led the way on that Wednesday with a 32.6 rating and 50 share. Notably, weeks after the Nicholas Hammond-starring web-slinger show debuted, Columbia Pictures snapped up distribution rights to air the title as a feature film overseas. The Hollywood Reporter’s original review is below.
Spider-Man is the most popular manifestation of the Marvel Comics mystique, and the celebrated character is introduced accurately in this 90-minute presentation. Some liberties have been taken, but the basic mold remains as we watch grad student Peter Parker gain super human powers after being bitten by a radioactive spider. He then discovers he can clamber up the sides of buildings and possesses strength proportionate with his other heightened senses. He needs them all as he takes on a sophisticated brainwashing extortion plan which will send a group of people to their suicidal deaths unless ransom demands are met.
The film is played absolutely straight, as it should be, and, while there’s a certain incongruity in seeing superheroes in real-life elements, the overall spirit is maintained and captured. Nicholas Hammond is a physically perfect specimen as Parker, in addition to being a sensitive actor, whether it’s sneezing on his way to beat the bad guy or trying to think of ways to effectively utilize and capitalize on the opportunities fate has handed him. David White’s J. Jonah Jameson is as ornery as the character calls for, and Thayer David’s villainous blackmailer is decent. Lisa Eilbacher brightens the scenery with charm as Parker’s companion.
E. W. Swackhamer’s direction doesn’t mock his situations, and he handles the superbly believable wall- crawling sequences with style. Alvin Boretz’ script is faithful to its Marvel Comics source, and his additions or deletions are properly employed. Johnnie Spence’s music is lively, Frank Novak’s costumes complimentary and Aaron Stell’s editing shrewd. Edward J. Ontagne produced for executive producers Charles Fries and Daniel Goodman for CBS. — Earl Davis, originally published on Sept. 13, 1977.
Marvel Studios‘ latest offering caught a staggering $72 million from Thursday previews on 4,300 North American screens. This sets the record for a previews sum, topping the $60 million that Avengers: Endgame took in 2019 before it scored the top marks for its opening weekend with $357.1 million domestically and an unbelievable $1.2 billion globally.
Needless to say, Thursday’s tally gives the web-slinger by far the year’s biggest previews total. Universal’s The Odyssey had previously led the way in 2026 previews with $17.6 million, followed by Toy Story 5 at $17.5 million and Michael with $12.6 million. Both Toy Story 5 and Michael have surpassed the billion-dollar mark globally, while The Odyssey is well on its way to hitting that milestone, having crossed $700 million earlier this week.
The last Spidey movie to hit the big screen was Spider-Man: No Way Home, which collected $50 million in Thursday previews when it opened in December 2021. Its opening weekend notched $260.1 million domestically and $587.2 million worldwide. At the time, No Way Home’s commercial success — culminating with its $1.9 billion global total for No. 8 all-time — appeared to be anomalous, given the surprise appearance of previous Peter Parkers in Tobey Maguire and Andrew Garfield, along with the lack of major theatrical competition coming out of COVID.
This blistering start for Spider-Man: Brand New Day suggests an opening weekend far beyond the $195 million domestic and $465 million global that the studio had been projecting. Even a domestic opening at $195 million would have put the film among the top 10 all-time debuts, and now the only question is how high it might climb on the chart. It carries a $225 million production budget.
Moviegoers have been impressed, as Brand New Day holds a 90 percent approval rating from reviewers on Rotten Tomatoes, along with a 98 percent audience score. In his review for The Hollywood Reporter, chief film critic David Rooney heralded “a never-better Tom Holland.”
Also opening in wide release this weekend is filmmaker Gregg Araki‘s I Want Your Sex, starring Olivia Wilde and Cooper Hoffman. Magnolia Pictures releases the comedic thriller in 700 North American theaters after acquiring the movie in a reported seven-figure deal following its Sundance premiere.
The Toronto Film Festival’s upcoming TIFF: The Market event has added to its keynote speaker lineup, with Obsession director Curry Barker, Gary Oldman and Barbie producer Robbie Brenner set to deliver keynote addresses.
Barker and Obsession star Inde Navarrette will pull back the curtain on the breakout box office success of the Focus Features horror pic as part of the Dialogues section. Obsession also stars Michael Johnstonin a “The Monkey’s Paw”-style tale about a young man who wishes for his friend to fall in love with him — to disastrous consequences.
And the Visionaries program, presented by The Hollywood Reporter, will see Oldman discuss his career, including performing the role of Jackson Lamb in the Apple espionage drama Slow Horses to feature as part of TIFF’s Prime Time program during its 2026 edition. The Visionaries section will also feature Korean auteur Lee Chang-dong in conversation as he brings his latest film, Possible Love, to Toronto.
Rounding out the Dialogues latest additions is Christine Vachon and Pamela Koffler, founders of Killer Films, also in conversation in Toronto. Warner Bros. Motion Pictures Group co-chairs and co-CEOs Mike De Luca and Pam Abdy were earlier announced as the first keynote speakers as Toronto gets set to launch its first official content forum, TIFF: The Market, at its September event.
Additional speakers and program details for the Dialogues series and the Speakers’ Summit will be announced in the coming weeks. TIFF: The Market, a seven-day event to run Sept. 10-16, aims to become an official market in Toronto to go beyond film content to serve as a one-stop shop for buying and selling television, gaming and immersive formats.
The Toronto Film Festival is set to run Sept. 10 to 20.
It is a bit morbid to say the Nancy Guthrie kidnapping investigation, which hits the six-month mark(!) on Saturday, has made the NewsNation senior national correspondent a star — but such is the genre Entin traffics in. Also, it’s true. Amid a flurry of in-and-out mainstream media and social media coverage, Entin’s good, old-fashioned (and consistent) shoe leather reporting has stood tall above the conspiracy theories so often amplified by amateur internet sleuths. This was not Entin’s first rodeo; in some ways, the 41-year-old (don’t let the silver hair fool you) has been preparing for it his whole life.
The son of a criminal defense attorney, Entin first rose to national prominence with the Gabby Petito case. His profile grew with the Idaho college murders. Entin’s strategy? Get to the scene and “camp out on the lawn” until someone throws you off. Entin was the right guy with the right job when news of Nancy’s abduction was first reported.
“I remember talking to colleagues and saying, like, ‘There’s something really strange about this,’” Entin told The Hollywood Reporter.
Entin is from Florida, so “Silver Alerts” are nothing new in his world. But this very quickly, very clearly, was not that.
“You’re so used to hearing about them,” he continued. “Someone with Alzheimer’s walks off or something. So that was my first reaction. But within a couple of hours, I remember [Pima County sheriff Chris Nanos spoke], and there was just something off about it. We flew [to Arizona] that day.”
Entin, his cameraman Maurice “Mo” Moran, and a field producer “basically have not left since,” he says. (Entin did take a break to bring his mom on an Alaskan cruise for her 70th birthday, where he says “all the older ladies” wanted to chat with him about the Guthrie case.)
“I kind of just latch onto these things, and when everybody else leaves, we’re always like the last ones,” Entin says.
Entin only packed “three or four” shirts for his initial stay — so it has been a lot of long desert days and laundry. He’s as shocked as you that the investigation has been ongoing for this long with not a single suspect named.
“When the [Nest] camera video came out — oh my God! I thought that was it. It was so clear. You could see his eyes. You could see the clothing so well. You could see his gait. There were all sorts of details about the clothing, of the backpack,” Entin said. “I remember I thought immediately, ‘OK, this is it. In the next 48 hours, everybody get ready, we’re gonna be rushing out the door to some kind of arrest or some kind of bust.’”
That was just nine days after Nancy’s disappearance. There have been almost no leads since.
Savannah Guthrie with mom Nancy Guthrie (left) on NBC’s ‘Today’ in 2019.
Nathan Congleton/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images
Part of Entin’s work has seen him interviewing “every retired FBI profiler [he] can think of.” Those conversations have informed Entin’s personal present-day theory.
“I think it’s possible that it’s not about money. That that was like a distraction,” he said. “It’s possible it’s a Savannah stalker-type — someone who wanted to get to Savannah Guthrie in an emotional way.”
Tragically, mission accomplished. Savannah Guthrie returned to the Today show in March, but she has not stopped putting out the occasional, law-enforcement-assisted calls for help. It is clear that everyone believes Nancy, who was 84 years old at the time of her abduction and in poor health, is dead. But the job — not Entin’s, not Nanos’, not FBI director Kash Patel’s — is not done.
Entin’s not going anywhere. Entin, his camera operator, and a field producer are hunkered down in a hotel near Nancy’s Tucson home. Really, they’re mostly hunkered in a shared rental car “just staking places out.” (The investigation has taken them are far as Mexico, but right now Entin is splitting time between Tucson and working a separate story in Phoenix.)
The NewsNation crew gets a chance to stretch their legs in a driveway of a Guthrie neighbor whom they’ve befriended — a new ordinance has banned parking on Guthrie’s street — and 30 minutes away at the sheriff’s office. (Entin has been working on getting a new one-on-one interview with Nanos, though the last one was not especially friendly.)
Though one can still walk down Nancy’s street and film (for a bit) in front of her home, that is about the extent of the accessibility. It was the YouTubers who blew it for everyone else.
“They would stream live and stay there constantly — like, literally almost around the clock,” Entin said. “That was just becoming annoying to the neighbors.”
You know what’s even worse than being a pest? Putting non-suspects, like Nancy’s son-in-law Tommaso Cioni, out there as the possible kidnapper, which some people did. (One of them was Ashleigh Banfield, an occasional NewsNation contributor who used to host 10 p.m. To be fair to her, Banfield at least couched all of her reporting on sources, albeit anonymous. There are far-less-responsible amateurs putting information out via social media.)
“It sounds crazy to even have this conversation because, for you and I, it’s like kind of just what we do. But in today’s world, it’s kind of a commodity, but verifying everything that we report… having multiple sources — having good, solid, strong sources,” Entin said. “If you ever do get something wrong, which luckily I haven’t in a while, but it happens, make sure you correct it right away and explain to people what happened and why you made the mistake. So yeah, we try to do that all the time.”
Though the first six months hasn’t gone great, Entin believes the cops and the feds will solve this thing within the next six.
“Any day now something could happen,” he said. “All it takes, and it sounds cheesy, and you always hear this, but all it takes is like that one person to call in something, or them to get some kind of DNA match, which they’re still working on behind the scenes. So I do— I think before the one-year mark, there’ll be some kind of significant progress. That’s just what my gut says.”
James Gray and Darren Aronofsky are among the big-name filmmakers getting honored at the 79th edition of the Locarno Film Festival this August. But the 2026 lineup of the Swiss festival also showcases all sorts of newer and emerging filmmakers from around the globe.
Their names may not be widely known yet, but buzz at a festival, such as Locarno, could, of course, open doors and bring support for more projects ahead. Some of these up-and-coming filmmakers, however, create cinematic experiences not under their legal names, but pseudonyms. Cases in point: Filmsaaz and Neozoon, whose works are featured in this year’s Pardi di Domani, or “Leopards of Tomorrow, program.”
The name of the program is a reference to Locarno’s Leopard awards and is designed to provide “a vital space for expressive experimentation and innovative forms of cinematic poetry,” the festival says. In fact, it calls the section “a cornerstone” of its mission “to foster dialogue between generations and traditions and to support the filmmakers who will define the future of cinematic expression.”
Whether or not you are already aware of Neozoon and Filmsaaz and their work, THR has compiled some key info about these filmmakers and asked them about their work as a small tease of what awaits you.
Filmsaaz world-premiered Wolfgang, the minimal-budget feature directorial debut of the Tehran-born audiovisual artist that is a gender-queered acid trip opera, earlier this year at the International Film Festival Rotterdam. In Locarno’s Pardi di Domani – Concorso Corti d’Autore lineup, they will debut a new 21-minute short film called Ãsheghetam.
‘Ãsheghetam’
Courtesy of Locarno Film Festival
The title is “a very intense way to say ‘I love you’,” Filmsaaz explains. “It literally means ‘I am your lover’.” Written, directed and edited by Filmsaaz, whose real name is Saleh Kashefi, the short feels particularly timely. “During a chaotic night at an underground Tehran rave disrupted by the morality police and the sudden outbreak of war, a queer youth chooses to retreat into a bubble of romantic illusion with their partner just to survive the brutal reality outside,” its synopsis reads.
“I started developing the film about a year ago, after the 12-day war between Iran and Israel happened,” Filmsaaz tells THR. “Even though very complex to make, the important thing for me was to finish and release it fast, as it is important for this film to be seen as soon as possible. So we were lucky that Locarno was kind enough to accept the film with a rough cut; the film just [got] finished about two weeks ago.”
Filmsaaz shares this thought on a possible regime change in Iran. “Of course, nothing is permanent, and even the most powerful governments and monarchies have collapsed in history – it’s only a matter of time.” And they add: “These days I feel quite hopeless and cynical in general about the world we live in. The film, in fact, is about giving up hope and dissociating from reality, which is the defense mechanism all of the Iranian youth have learned.”
So, where does the moniker Filmsaaz come from? Well, it mixes the Farsi words for “filmmaker” and “music.” And this new name was a conscious decision. “I wanted to let go of the conventional birth name, which represents a culture, a gender, a religion, a history, and represents a family,” the creative told THR earlier this year. “I wanted to give myself a name that was as simple as possible. I wanted to free myself from all those contexts and layers, and also to somehow redefine how filmmakers are represented.”
Filmsaaz, courtesy of Seraphine Sallin-Mason
After all, the likes of Bono and Prince prove you can make a name for yourself with just one name. “Why are we always known by our first name and last name?” explained Filmsaaz. “Musicians and other kinds of artists can have artistic names. They can have a persona.”
Filmsaaz has made all sorts of shorts in the past, and they have such colorful titles as The Three Letter Word (2017), Kim Kardashian in a Cat’s Eyes (2019), I Was Gonna Kill Myself but Instead I Made This Film (2020), Leaving Here and Her (2021), And How Miserable Is the Home of Evil (2023), A Man Passes by the Soaked Trees (2024) and Overture (2025).
Meanwhile, Locarno 2026‘s Pardi di Domani – Concorso Internazionale lineup includes Together, a 14-minute short that the festival website teases this way: “An exploration of human desires for land ownership and property through archival footage and social media. It contrasts togetherness with rising individualism, questioning whether possession stems from need or a Eurocentric, patriarchal narrative.”
The short comes from the “eco feminist art collective” Neozoon. The two main creatives behind it are Friederike Kersten and Michaela Metzger, who have also worked with other collaborators in the past. The Locarno website notes that Neozoon was founded in 2009 in Berlin and Paris. And it highlights: “Their work is based on the principle of collage and investigates sociological questions of the Anthropocene,” or our epoch in which human activity shapes the planet’s climate and ecosystems. The collective’s website is even more specific, saying the team “examines sociological questions dealing with speciesism in the capitalocene.”
Neozoon, aka Michaela Metzger (left) and Friederike Kersten (right), courtesy of Locarno Film Festival
You may know that “neozoon” is the word for a non-native or invasive species. And the collective’s street art, films and installations have used the concept of non-native species to explore how modern human society interacts with nature and animals. “In their video films, the de-and recontextualization of found footage and social media material is a recurring element,” especially the use of YouTube and TikTok footage, the Locarno website also explains.
And the Locarno site highlights some of their past works. Again, they have titles that will turn heads. Among them are Good Boy – Bad Boy (2011), Unboxing Eden (2013), Shake Shake Shake (2016), Little Lower Than the Angels (2019), Biting the Dust (2021) and Lake of Fire (2022).
If you get a sense that there is an activist vibe and a desire to challenge our thinking behind Neozoon’s work, that is surely by design. For example, Lake of Fire is described as “a film collage that addresses the fear of death and hell and how a dualistic way of seeing and living fuels the climate change-related ‘hell on earth’.”
The inspiration for Together came in the form of a 2021 book by an anthropologist and an archaeologist. “After reading [David] Graeber and [David] Wengrow’s The Dawn of Everything a few years ago, we started looking specifically for film and audio material about ‘the history of mankind,’ the Neozoon duo tells THR. “The same story came up again and again: people settling down, claiming ownership, fencing themselves off, becoming more and more individual, more and more alone – as if that were the great goal of humankind and as if there had never been another option. So we started asking what kind of story that actually is.”
‘Together’
Courtesy of Locarno Film Festival
Neozoon also has a clear take on how Eurocentric, patriarchal narratives play into this urge to own land and fulfill individuals’ desires. “All the material we found comes from the global North, produced by a small number of institutions,” the Neozoon members explain. “What those films narrate as human development is a story of acquisition: settling down, putting up fences, owning. They weren’t inventing it. They were illustrating the science of their time, and that science was done by the same people. European men excavated and European men interpreted, and the past they found looked like the world they already lived in: the hunter at the center, the woman at the fire.”
Things are starting to change, though. “Much of that is being rewritten now – the abilities of early humans, who actually hunted, the role of women completely – not because new evidence appeared, but because other people are doing the interpreting now,” highlights the Neozoon team.
So, does the collective consider itself political and/or activist? “Political, yes. Activist would be claiming more than a short film can do,” the duo tells THR. “What runs through all our films is the question of the exploitative treatment of non-human animals and of nature by (male) human beings. New research suggests that this world was once a different one, in which ecofeminist perspectives, for instance, were the standard rather than the exception. Part of that is observing and acknowledging other species on this planet.”
Such as ants, for example, which play a key role in Together. They are “masters of bridge-building in order to survive as a group,” Neozoon explains. “That seems to us more admirable than the story we have been telling ourselves about our own species.”
British YouTube star and rapper Yung Filly has been found not guilty of rape in an Australian court.
The verdict was reached by a Perth jury after an 11-day trial. The 30-year-old, whose real name is Andres Felipe Valencia Barrientos, was found not guilty on three counts of sexual penetration without consent, but he was found guilty on two counts of assault occasioning bodily harm.
The jury could not come to a decision on three other counts of rape, according to the BBC. Barrientos will remain on bail until August, when the court will decide his sentencing date. Prosecutors will also decide on the next steps for the three hung jury verdicts, including whether to press ahead on the rape charges.
The internet personality and rapper had been accused of sexually assaulting a woman, then 20 years old, after performing at a Perth nightclub in 2024. He had pleaded not guilty to all six counts of sexual penetration without consent, three counts of assault occasioning bodily harm, and one count of strangulation.
Barrientos told the court that he “fancied” the woman when they met at his concert. He was in the VIP area while she leaned over the barrier. “I recall putting my hand on her waist,” he told the court, adding that he had not put his hands down her pants or touched her breast.
The “vibes were good” when they arrived at his hotel later in the evening, he added, explaining that his security guard took her phone away as a “standard practice” to protect their privacy.
The woman claimed they had consensual sex before the encounter turned violent and she told him to stop. The West Australian reported that Barrientos allegedly bit her neck, cheek and breast, causing bruising and swelling.
Barrientos is known for his work with the Beta Squad, a group of young YouTubers who make comedic videos. Individually, each of them has gained their own following. Barrientos has accrued over 1.7 million subscribers on the site and 2.4 million on Instagram. He has also presented multiple BBC Three programs.
ITV has reported revenue growth of 2 percent in the first half of the year and revealed a £100 million ($135m) sharehold buyback in what CEO Carolyn McCall has described as a show of “commitment to attractive shareholder returns” in the wake of Sky‘s £1.6 billion ($2.13b) acquisition of the broadcaster’s network and streaming businesses.
In the first results since the industry-rattling mega-deal was announced, ITV said the buyback and interim dividend of 1.7p totaling around £60 million ($80m) represents an “early return of part of the previously announced £950 million net cash return expected on completion of the sale.” McCall said on a call with reporters early Friday: “The announcement of the sale […] was a defining moment to ITV.”
“And crucially,” she added, “it will also unlock the value of ITV Studios.” (The company’s production arm is not part of the deal, though the report shows Sky will commit to buying £2.1 billion in ITV Studios content between 2028 and 2032.) After news of the deal, the focus for ITV will likely be on its content and big-hitters at ITV Studios (Love Island, Rivals at Disney+), making it a potential takeover target.
McCall mentioned the Sky-ITV transaction is subject to regulatory approval, with the U.K.’s Competition and Markets Authority having launched its review. Given this is a media merger, ITV is expecting Culture Secretary Lisa Nandy to issue a Public Interest Intervention notice “in due course,” but they still estimate the merger will complete around a year from now. They have not interacted with Nandy since announcing the deal, McCall also said.
A combined Comcast-owned Sky and ITV would create a formidable British media group. Under the proposed structure, Sky would acquire ITV’s networks and streaming businesses (Media & Entertainment) — including the ITV channel portfolio and ITVX — while ITV Studios, the production outfit behind franchises such as Love Island, Britain’s Got Talent and Netflix hit Fool Me Once, is to be spun off as a standalone listed company, reconfirmed by McCall on Friday.
The merged operation will sit alongside Comcast’s NBCUniversal assets, bringing together ITV’s mass-reach advertising business, public-service broadcasting obligations and sports rights with Sky’s subscription TV, streaming, broadband and mobile operations.
Media & Entertainment (M&E) delivered a run-of-the-mill first-half performance, with total revenue up 2 percent. Total advertising revenue increased by 3 percent, with Q2 up 8 percent year-on-year. This was driven by the men’s World Cup, which attracted strong advertising and sponsorship demand from both U.K. and global brands across advertising categories, and “supercharged engagement on [streaming platform] ITVX,” according to the report, which delivered record H1 viewing, up 27 percent, with digital advertising revenue up 13 percent year-on-year.
Notably, ITV Studios’ revenue in the U.K. was up 17 percent this half-year, but down in the U.S. by 17 percent and internationally by 24 percent, suggesting the company could be hitting a wall when it comes to that much-needed U.S. expansion.
Looking ahead, the company has “good visibility” over the full-year outlook and revenue, margin and profit will be weighted to H2 and particularly Q4, when a “really strong delivery schedule” comes into play. This includes The Gentlemen, The Woods and SuburraMaxima for Netflix, Line of Duty season seven and Vigil season three for the BBC.
The series is set to debut on HBO Max across the region later this year. Peacock has Crystal Lake for the U.S. and will be premiering the show stateside in October.
Peacock originally ordered the series back 2022, with Bryan Fuller initially attached as writer and showrunner. But creative differences led Fuller to leave the project in May 2024, saying that A24 “decided to go a different way with the material.”
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Brad Caleb Kane (Max’s It: Welcome to Derry) is now credited as creator, writer and showrunner on the series.
Crystal Lake stars Emmy Award nominee Linda Cardellini (Dead to Me, Mad Man) as Pamela Voorhees, the mother of the notorious Friday the 13th killer Jason. The series picks up a year after Jason’s drowning death in the town lake. But the arrival of two strangers investigating her past sets off a series of events that prompts the residents of Crystal Lake to question who Pam Voorhees really is.
William Catlett co-stars as local police chief Levon Brooks. Devin Kessler, Cameron Scoggins and Gwendolyn Sundstrom co-star. Callum Vinson plays a young Jason Voorhees.
Kane is executive producing Crystal Lake together with A24 and an executive producing team that includes Marc Toberoff, Victor Miller, Robert M. Barsamian, Robert P. Barsamian, Stuart Manashil, Tyson Bidner, Michael Lennox and Roy Lee.