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CNN Pays Don Lemon $24.5 Million to Settle Ouster, ‘The Mandalorian and Grogu’ Bags $21.7 Million Tax Credit and Music Biopics Are Hollywood’s Latest Trend

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Tue, Feb 27, 2024 02:03 AM

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Plus: Disney’s Sean Bailey exits as studios president, Blackwells Capital calls on Disney to pr

Plus: Disney’s Sean Bailey exits as studios president, Blackwells Capital calls on Disney to prioritize AI and ‘Daily Show’ ratings grow 48% in 2nd week [Don Lemon and CNN settle contract dispute after his April 2023 dismissal]( [CNN Pays Don Lemon $24.5 Million to Settle Anchor's Network Ouster | Exclusive]( By Emily Smith Don Lemon, the former prime time host of CNN has finally agreed a deal to separate with the network. Sources exclusively tell TheWrap that Lemon, 57, has agreed a separation deal with CNN for approximately $24.5 million, which would be the full complete pay from his final contract which extended 3.5 years from his ousting, TheWrap is told. [Read More]( --------------------------------------------------------------- ['The Mandalorian and Grogu' Bags $21.7 Million California Tax Credit, Will Be First Star Wars Film Shot in Golden State]( By Kayla Cobb The next “Star Wars” movie is paving the way for filming in Lucasfilm’s home state: “The Mandalorian & Grogu” has qualified for a $21.7 million tax credit, the largest in the history of the California program, and would be the first “Star Wars” movie filmed in the Golden State. The project is one of five big-budget productions and 10 independent films that will be made under the Film and Television Tax Credit Program. These projects are estimated to bring close to $408 million to California’s economy, accounting for in-state expenditures. [Read More]( --------------------------------------------------------------- [“Bob Marley: One Love," "Elvis" and “Back to Black”]( [After Elvis, Elton and Bob Marley, Music Biopics Are Hollywood’s Latest Theatrical Trend]( By Jeremy Fuster With $120 million in theatrical receipts worldwide, “Bob Marley: One Love” is the latest in a growing list of hit music biopics at the box office, with more than a half-dozen such films now in the production pipeline covering artists from Amy Winehouse to The Beatles. “When you see films like ‘Bohemian Rhapsody’ and ‘Rocketman’ absolutely crushing it at the box office and with critics, it’s hard not to want more,” said POV Agency managing partner Pilaar Terry. “It’s like a snowball effect, with each successful biopic leading to more interest and more films being made. We all know that once Hollywood figures out a winning formula that they’re likely to tap into it again and again.” [Read More]( --------------------------------------------------------------- [sean-bailey-disney-david-greenbaum]( [Disney's Sean Bailey to Exit as Studios President, Dave Greenbaum Set as Head of Live-Action and 20th Century]( [Blackwells Capital Calls on Disney to Prioritize Artificial Intelligence, Spatial Computing]( [Jon Stewart's 'Daily Show' Return Sees Ratings Grow 48% in 2nd Week | Exclusive]( [Alec {NAME} Rust]( [Alec {NAME}'s 'Rust' Shooting Trial Sets July Start Date]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](

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