entertainment tech

entertainment tech

Ratcheting up the stakes in an already tense labor battle, members of the International Alliance of Theatrical Stage Employees (IATSE) have voted to authorize union President Matthew Loeb to call a strike, the group announced Monday.

The decision could lead to the most significant industry walkout since World War II, should negotiations with a powerful trade group remain deadlocked.

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As giants like Apple, Netflix and Disney spend big on streaming content and fight for subscribers, their apps are supplanting theaters, premium cable, reruns and even the humble DVD box set.

The shake up was evident at the 2021 Emmy Awards, where streaming services swept the top categories with shows that included "The Crown" and "Ted Lasso." But as Scarlett Johansson made clear in a just-settled lawsuit against Disney, Hollywood's transformation is also upending the way talent gets paid — and that's hitting everyone from the A-list actors to the technicians who haul 50-pound cameras on their backs.

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On this episode of the LA Venture podcast, media tech expert Shane Kelly comes on to talk about the business of financing feature films and tech startups.

Kelly has financed over 20 feature films and invested in over 20 tech startups, many of them at the center of the tech and entertainment industries. Over the course of his career, Kelly has focused on investing in the future of the media industry with his primary investment fund MCT.

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