🎬 Spotify Wants In

YouTube's New Competition, California's New AI Laws, TPG Takes on Management, and MORE!

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👋 Good morning! The Emmys just pulled off a ratings resurrection that would make any TV executive swoon. After their 2023 ceremony hit an all-time low, the 2024 awards show bounced back with impressive vigor. With 6.87M viewers tuning in (an impressive 54% increase), it seems the Emmys have found their spotlight again. Who knew all it took was better timing and a dash of post-strike enthusiasm to bring the golden statuettes back into focus?

Welcome aboard the Dailies. As you sip your morning brew, we’ll get you caught up with the fast-paced world of Hollywood - no need to chase down a newsstand, we’ve got everything you need right here.

🎞 Here’s what’s on the reel today:
  • California’s New AI Laws

  • Spotify Wants in on the Creator Economy

  • TPG Takes on Management

  • Last Looks: 👀 Bite-sized scoops on developing stories/projects

  • Video Village: The latest trailers

  • Martini Shot 🍾

đŸ€–đŸŽŹ California has taken a bold step in regulating AI use in entertainment, with Governor Gavin Newsom signing two groundbreaking bills. These laws now make it illegal to use AI-generated digital replicas to replace actors without consent. The first law, AB 1836, protects deceased individuals by requiring their estate's approval for AI recreations. The second, AB 2602, prevents contracts from allowing AI replicas to substitute for living performers without specific consent. This legislation, a first in the U.S., applies to all Californians, not just union members. It removes previous exceptions for film and TV work, potentially impacting ongoing labor disputes in the video game industry. As federal protections like the No Fakes Act are actively being pursued, California's laws set a new standard for balancing AI innovation with performers' rights.

đŸŽ„đŸŽ” Spotify's eyeing YouTube's turf. The audio streaming giant is now dangling seven-figure deals to lure video talent, hoping to grab a slice of the booming creator economy pie. They're keeping it simple: no strings attached to rights or ads, just come and play on our platform. This move comes as the streaming world shifts gears, with engagement metrics overtaking subscriber counts as the holy grail. YouTube's army of creators has been giving Netflix a run for its money, proving homegrown content can be just as addictive as big-budget shows. Spotify's not about to be left in the dust. With 170M video podcast viewers already tuning in, the appetite's clearly there. But this isn't just about beefing up their content library—the streamer is cooking up some serious ad tech to rival YouTube's AdSense cash cow. Spotify's betting big that creator content can be just as binge-worthy as Netflix's latest hit.

🎭🔍 Private equity titan TPG is plotting a sequel to its CAA triumph in the talent management arena. After transforming Creative Artists Agency from a $700M investment into a $7B behemoth over 13 years, TPG's now reportedly wooing Grandview, a boutique firm representing top writers and directors, to join its budding talent empire. This follows their summer scoop of Untitled Entertainment, a powerhouse management company with A-list actors like ZoĂ« Kravitz on its roster. The game plan? "CAA-ify" the management world by uniting these diverse assets under one banner, crafting a juggernaut to rival the agency giants. It's classic PE strategy: consolidate, scale, then potentially cash out big. For managers, it could mean deeper pockets and more clout. For talent, it's another significant reshuffling of the representation deck. With the Grandview deal rumored to close in the coming weeks, Hollywood's abuzz about TPG's aggressive moves to supersize the traditionally boutique management business.

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Development đŸ—’ïž

  • Jennifer Lopez and Brett Goldstein team up for Netflix’s rom-com ‘Office Romance,’ after a hot bidding war for the project. (more)

  • John Cena is set to star in Apple Original Film‘s live-action adaptation of Mattel’s ‘Matchbox,’ directed by Sam Hargrave. (more)

  • Archie Panjabi is set to play a villain in the upcoming season of Doctor Who, which returns in 2025 on Disney+ and BBC. (more)

  • Charlie Hunnam will star as Ed Gein in the third season of Netflix’s true crime anthology ‘Monster,’ with production starting in Oct. (more)

  • Tyler, The Creator makes his film debut in Josh Safdie’s ‘Marty Supreme,’ alongside TimothĂ©e Chalamet and Gwyneth Paltrow. (more)

  • A24 acquires U.S. rights to Andrew DeYoung’s comedy ‘Friendship,’ starring Tim Robinson and Paul Rudd, for mid-seven figures. (more)

  • ABC has landed the multi-camera comedy ‘Sisters-in-Law,’ from Sherry Bilsing Graham and Ellen Kreamer. (more)

  • Adria Arjona is in final talks to star in and executive produce Adam Wingard’s action thriller ‘Onslaught,’ backed by A24. (more)

  • James Cameron has acquired the rights to ‘Ghosts of Hiroshima’ and will adapt it into his next film, ‘Last Train From Hiroshima.’ (more)

  • ‘Bridgerton’ has begun filming S4, adding Katie Leung, Michelle Mao, and Isabella Wei to the cast. (more)

  • Hello Sunshine has sold the film adaptation of Alexene Farol Follmuth’s bestseller ‘Twelfth Knight’ to Netflix, with Ilana Wolpert set to adapt the modern reimagining of Shakespeare’s ‘Twelfth Night.’ (more)

✅ Renewed & Cancelled ❌

  • ‘Emily in Paris’ is renewed for S5 at Netflix. (more)

  • ‘Time Bandits’ is canceled at Apple TV+ after S1. (more)

Business đŸ€

  • Paramount’s advertising division is undergoing layoffs as part of broader company cuts. (more)

  • Richard Gadd, creator of ‘Baby Reindeer,’ has signed a multi-year first-look deal with Netflix following the show’s Emmy-winning success. (more)

  • DirecTV and Dish are in early talks to merge, potentially creating the largest US pay-TV provider amidst shifting industry trends. (more)

Other News 🚹

  • The Teamsters Locals 399 and 817 will resume negotiations with the AMPTP on Sept. 23 and 24 to finalize a new casting agreement before the current deal expires on September 30. (more)

  • Blumhouse is teaming up with AMC Theatres for BlumFest, a six-week national screening series featuring classic horror films starting September 25. (more)

  • The 2024 Paris Olympics boosted TV viewership in Aug., increasing NBC broadcast by 8%, Peacock by 39%, and fueling significant year-over-year growth across platforms. (more)

  • Former MoviePass CEO Mitch Lowe pled guilty to securities fraud conspiracy for misleading investors about the company’s unsustainable $9.95/mo subscription plan. (more)

Aaaand... that's a wrap! If you're reading this email because a friend hooked you up, don't fret—just hit that subscribe button and join the party. 📧 👇

See you bright and early on Friday.

-The Dailies Team

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