Sarandos gave the interview to Lucas Shaw at Bloomberg, where he didn’t mince words about losing out to Paramount. “It’ll be fascinating to see the next steps. I have been on the record a lot in the last two weeks talking about what I think the future looks like. I’m confident in our future that we’re not impacted by all that. In fact, maybe it’s to our advantage. But I hope I’m wrong for the sake of the industry.”
Source: Sarandos: Paramount Offers Were ‘Irrational’ Relied on Political Pressure
The Australian government should ignore claims from artificial intelligence giants that local copyright laws prevent them from investing heavily in data centers, say media and entertainment industry leaders. “Where is the proof that issuing a copyright exemption or law change would bring massive economic benefit to Australians and not just major US tech companies?” said head of the Australian Recording Industry Association, Annabelle Herd.
US performance rights organization ASCAP has reported its revenue and royalty payout numbers for 2025, with both figures hitting all-time highs. Revenue came in at $1.945 billion for calendar 2025, up 6.0% year over year. Of that, New York-based ASCAP distributed $1.759 billion to songwriters, composers, and music publishers, an increase of 3.7% YoY.
The sides will be negotiating in a Hollywood far different from 2023. Production has slowed significantly industrywide, as many entertainment companies struggle to adjust to the streaming world. Work has dried up for many actors, writers and directors. At the same time, the rise of generative artificial intelligence has become more central.