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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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With reports of a new $1 billion fund in the works, The Chernin Group (TCG) is doubling down on media's continued transition from simple entertainment into a vehicle for commerce.

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NBC will not air the Golden Globes next year, the network announced on Monday, a stunning development that comes amid growing controversy surrounding the Hollywood Foreign Press Association's lack of diversity and questions regarding the organization's policies.
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