AT&T, Disney Shake Up Relationships in Hollywood

Wall Street Journal: Streaming hit Hollywood fast. In its wake, the industry is racing to find a new way of doing business, rethinking who’s in charge, how contracts are set up and how stars get paid. Studios are overturning their management ranks, empowering executives with backgrounds in business development, technology and strategy. Producers, filmmakers and actors such as Will Smith and Tom Hanks are trying to protect their interests in new contracts that aren’t built around ticket sales in movie theaters.