The company’s chief content officer, Ted Sarandos, says the festival knew full well that its competition titles might not get a theatrical release.
Mr. Grey, who played a pivotal role in the creation of television hits like “The Sopranos,” helped blend the art of talent management with TV and film production.
Warner Bros. gambled $300 million on “King Arthur: Legend of the Sword,” which bombed with $14.7 million in initial ticket sales.
Cheryl Boone Isaacs, who has served 24 years on the board, has told friends that the academy’s serial controversies have exhausted her.
The Walt Disney Company reported better-than-expected earnings, but analysts peppered Robert A. Iger with questions about the health of ESPN.
The sequel’s $145 million in domestic ticket sales on its opening weekend dwarfed the original’s, but turnout fell slightly short of expectations.
The Writers Guild said that the near-unanimous backing of its members allowed for “unprecedented gains,” including $130 million more for its members.