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Turmoil in Treasury bond yields sparks global worries: What to know
U.S. bond yields are rarely a burning issue with the general public. But that’s changed this week as a spike in yields has hit the front pages and TV newscasts. Yields on 30-year U.S. Treasury bonds hit their highest point in almost two decades on Tuesday. The rise prompted Treasury Secretary Scott Bessent to step in with a buyback…
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Prime Video Unveils Landmark $2 Billion-Plus Investment in Latin American Entertainment
Prime Video has announced a landmark investment of more than $2 billion in Latin American entertainment, covering 2027 to 2030, as it seeks to boost viewership and engagement in what is considered the world’s second-fastest-growing streaming region behind Netflix. The plan, unveiled at an inaugural showcase event in Mexico City, spans original programming, live sports,…
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‘Heated Rivalry’ Officially Returns With New Release Ahead of Season 2
HBO’s hit hockey drama Heated Rivalry, an adaptation of Rachel Reid’s novel series, is getting a collector’s edition Blu-ray release for its first season, timed to arrive ahead of the show’s second season. The NSFW series became one of HBO’s most-watched titles of late 2025, centred on the secret relationship between rival players Shane and…
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Dave Bautista confirmed as Kratos for Amazon’s God of War series
Dave Bautista has now been officially confirmed as Kratos in Amazon Prime Video’s live-action “God of War” series, closing out a recasting saga that began when original star Ryan Hurst was injured on set. Hurst, announced for the role in January 2026, tore a bicep in June requiring surgery that threatened to push the show’s…
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Sacramento’s Mad Legislative Dash To Fix Tax Credits SNAFU, Get Post-Production Incentive Passed, Or Not
California lawmakers are racing against an 31 August deadline to fix flaws in a newly signed law, SB 122, that caps state business and corporate tax credits above $5 million, threatening the state’s film and TV incentive scheme. The issue matters because studios and independent producers fear it could effectively strip away roughly $750 million…
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Halo: Reach Designer Reveals that Modern Warfare Series Were a ‘Huge’ Inspiration for Bungie
Halo: Reach designer Niles Sankey has revealed that the campaign of Bungie’s final Halo title drew heavily on the first two Call of Duty: Modern Warfare games, despite the two franchises being fierce rivals in the mid-2000s. Responding to a social media post about Modern Warfare’s notorious nuke sequence, Sankey said Bungie admired Infinity Ward’s…
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Lawmakers Offer Film Industry a Fix on California Tax Credit Cap
California lawmakers introduced a budget fix on Thursday aimed at softening the impact of a new $5 million annual cap on film and TV tax credits, following weeks of pressure from studios and industry unions. While the bill stops short of the full carveout the industry had sought since June, it fully exempts independent film…
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Streaming Ratings: ‘Masters of the Universe’ Powers to No. 1 Debut
Amazon MGM’s “Masters of the Universe” topped Nielsen’s US streaming rankings for 20-26 July, its first week available on Prime Video, offering a stronger performance than its lukewarm cinema run had suggested. The He-Man adaptation, starring Nicholas Galitzine, launched on the platform on 22 July having grossed just under $114 million worldwide against a $170…
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Netflix Exec Andy Weil Jumping to Amazon as Head of Comedy
Andy Weil, Netflix’s longtime comedy development executive, is leaving the streamer after 11 years to become Amazon’s new head of comedy. He will reunite with his former Netflix boss Peter Friedlander, who now leads global TV at Amazon MGM Studios, marking a notable executive move between the two streaming rivals as they compete for comedy…