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Georg Szalai

Global Business Editor

Georg Szalai joined The Hollywood Reporter in 2001 as a business reporter in New York, was named business editor in 2003 and also became New York bureau chief in 2005. He has been based in London since 2012, working with THR's global team as international business editor and, since 2023, as global business editor. Despite being THR’s resident Austrian, he has (as of mid-2023) never met Arnold Schwarzenegger. Georg has covered such major Hollywood deals as Disney's acquisition of large parts of Fox, the merger that created Warner Bros. Discovery, Comcast's takeover of Sky and various music catalog sales. He also enjoys following such entertainment business and finance topics as Netflix and the evolving streaming business, CEO pay, and earnings reports, plus has attended film festivals from Berlin and Cannes to Tokyo.

More from Georg Szalai

London’s Garden Studios Hires Sky Studios Top Exec Bee Devine as COO

Garden Studios in London, which opened its doors in early 2021, has hired Sky Studios top executive Bee Devine as chief operating officer. She will start the role in June and report to Garden Studios founder and CEO Thomas Hoegh. Devine has worked as director of content operations at Sky Studios, the production arm of European […]

Paul Bettany to Play Salieri in ‘Amadeus’ Series Opposite Will Sharpe as Mozart

Paul Bettany (A Very British Scandal, WandaVision) will star in Sky original series Amadeus, portraying composer Antonio Salieri opposite Will Sharpe (Giri/Haji, The White Lotus) in the titular role of Wolfgang Amadeus Mozart. The series is described as a “playfully reimagined limited event series” from writer Joe Barton (Giri/Haji, The Lazarus Project) and director Julian […]

Andrea Arnold to Receive Cannes Directors’ Fortnight Golden Coach Award

British director Andrea Arnold (American Honey, Cow) will receive the 2024 Carrosse d’Or, or Golden Coach Award, at the Directors’ Fortnight in Cannes, which runs alongside the Cannes Film Festival. Organizers on Tuesday lauded the British director as “an avid explorer of the fringes of society.” She will receive the honor on May 15 during the opening ceremony of […]

Two Years After WarnerMedia Merged With Discovery, Debt and Megadeal Questions Loom

Warner Bros. Discovery was officially created when Discovery and AT&T’s WarnerMedia closed their megamerger on April 8, 2022. Two years later, the entertainment giant, led by CEO David Zaslav, has integrated the two companies’ businesses and increased its cost-savings target from $3 billion to more than $5 billion. But its stock has been under pressure […]

Streaming Profit Report: A Year Spent Chasing Netflix

Several years into Hollywood giants’ streaming pushes, they still find themselves confronted with that famous Jerry Maguire line from Wall Street: “Show me the money!” In the case of streaming, “the money” means profits.  With Netflix having been crowned by some observers as the king of streaming, Hollywood CEOs have focused on making their streaming […]

Kate Middleton Cancer Diagnosis: BBC Reacts to Complaints of “Excessive, Insensitive” Coverage

The BBC on Friday reacted to some viewer and listener complaints that its coverage of Kate Middleton‘s cancer diagnosis was “excessive and insensitive,” saying it has been guided by “sensitivity” and the “significance of this story.” The U.K. public broadcaster acknowledged that “not everyone would have approved of the approach we took” in covering Middleton’s revelation last month […]

Cannes Critics’ Week Names Spanish Director Rodrigo Sorogoyen Jury President

Spanish director Rodrigo Sorogoyen (Stockholm, The Realm, Madre, The Beasts), who was nominated for the best international film honor at Italy’s David Di Donatello Awards, has been named jury president of this year’s Cannes Critics’ Week, the festival sidebar run by the French film critics union that focuses on first and second features from up-and-coming […]

Why Paramount Got a Stock Upgrade Amid Open Deal Questions

With Skydance Media in an exclusive period to possibly finalize a deal to acquire Paramount Global and its controlling shareholder National Amusements (NAI), Wall Street analysts are discussing key open questions, such as the financing of a transaction and how it can be structured to satisfy shareholders beyond NAI boss Shari Redstone. But despite the […]

As Disney Wins Proxy Battle, Wall Street Is Wait-and-See On If Bob Iger Can Land Succession

After Wednesday’s annual shareholder meeting — featuring CEO Bob Iger successfully fending off dissident investors, led by Trian’s Nelson Peltz — Wall Street experts are gaming out the next steps Disney may take as it plots out room for growth. Analysts took stock of the vote’s impact on and outlook for Disney, its stock, and […]

Spotify Names Christian Luiga CFO

Music streaming giant Spotify Technology said Thursday that it has appointed Christian Luiga as its new chief financial officer. The executive joins Spotify, led by CEO Daniel Ek, from Saab AB, a European defense and security company, where he served as deputy CEO and CFO. He replaces Paul Vogel. Spotify had in December announced that Vogel […]

Paramount Global Stock Price Soars as Skydance Media Deal Talks Progress

Paramount Global shares are soaring as talks of a deal with Skydance Media continue to heat up. The stock price rose by 15 percent Wednesday, all in the minutes leading up to the market close, after The Wall Street Journal reported that Paramount and its controlling shareholder National Amusements, led by Shari Redstone, have agreed to an […]

Disney Stock Analyst Boosts Price Target by $15 Ahead of Crucial Shareholder Meeting

The Walt Disney Co. is gearing up for a much-anticipated annual shareholder meeting on Wednesday, with Wall Street closely watching a showdown between CEO Bob Iger and critical shareholders, led by Nelson Peltz who is pushing for seats on the Hollywood giant’s board. What will the result mean for the entertainment conglomerate and Disney shares? Guggenheim […]