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Neon Sells Majority Stake To Department M, With Michael Schaefer Named Chief Content Officer Of ‘Anora’ & ‘Parasite’ Studio; Neon TV Launches
Mike Larocca and Michael Schaefer’s Department M has closed a transaction to acquire a majority stake in multi Oscar- and Cannes Palme d’Or-winning studio Neon. The deal, in addition to infusing capital to Neon’s expanding operations, allows the Santa Monica, CA studio to launch Neon TV, creating a more significant mini-studio that already counts an international…
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Neon, Oscar-Winning Studio Behind ‘Anora’ and ‘Longlegs,’ Sells Stake to Department M
Department M has closed a transaction to acquire a significant stake in Neon, the Oscar-winning indie studio behind “Parasite” and “Anora.” Financial terms of the deal were not disclosed. Tom Quinn, the founder of Neon and an indie vet who has had stints at Radius and Magnolia, will remain CEO of the company. Michael Schaefer,…
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Neon Closes Deal to Sell Significant Stake to Department M
Founder Tom Quinn will remain CEO of the indie studio behind best picture winners ‘Anora’ and ‘Parasite’.
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‘Staff Are Being Asked to Do More with Less’: Brutal Xbox Layoffs Leave Those Spared in Limbo
Remaining employees on tenterhooks. Xbox may have avoided the PR disaster of studio closures this week, but by extending its layoffs over the course of the coming fiscal year, it’s leaving any remaining staff to work under a cloud. The company cut 1,600 jobs across its division on Monday, with a further four first-party studios…
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The one songwriter Bono called a musical “treasure”
The heart behind rock and roll. The post The one songwriter Bono called a musical “treasure” first appeared on Far Out Magazine.
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Trump refuses to sign bipartisan housing bill in protest over SAVE Act
Trump refuses to sign the bipartisan housing bill, using it as leverage to pressure lawmakers into passing the SAVE America Act on noncitizen voting.
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Palworld radically redesigned to look less like Pokémon for official release
Designs for monsters that looked like final evolution starters Cinderace and Decidueye now have a more distinct visual style in Palworld
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Sam Fender & Olivia Dean’s “Rein Me In” Is The UK’s New Longest-Running #1 Single By British Artists
Olivia Dean’s ascent has been swift. Earlier this year, the pop star received her first Grammy nomination and ended up taking the trophy home, winning Best New Artist. Now, her hit “Rein Me In” with Sam Fender has broken a record, becoming the UK’s longest-running #1 single by British artists. The post Sam Fender &…