Street Talk
Fred Rheinstein, chairman and primary owner of Hollywood-headquartered The Post Group, told SHOOT that he has entered into an agreement in principle for a stock sale of The Post Group to Matt Cooper and David Cooper, owners of Lightning Dubs and part of Hollywood-based iO Films. Rheinstein–who said plans call for him to remain with The Post Group as vice chair–reported that the parties to the deal are in an accelerated due diligence phase….Rooftop Edit has opened in New York, with a talent base that includes veteran editors Ed Kisberg and Geno Tulchin, Smoke artist Anthony Forte, audio mixer/sound designer Chris Russomanno and assistant editor Jeremy Ambers….Sound designer Jon Klok plans to re-launch the Audio Lounge in Venice, Calif. He has spent the past three years working on varied projects in his native Denmark. The Audio Lounge is slated to open its doors on March 1. Klok’s background includes working as a sound designer for Machine Head, Venice, then partnering in the former CHKW and next becoming part of Audio Lounge during its first go-around…. Editor Michael Saia of New York-based house Jump is wrapping up work on the Jerry Bruckheimer-executive produced feature Glory Road, directed by noted spot director James Gartner of Santa Monica-based GARTNER. At press time, Saia was slated to again be available for commercials in early February….TikTok’s Fate Arrives At Supreme Court; Arguments Center On Free Speech and National Security
In one of the most important cases of the social media age, free speech and national security collide at the Supreme Court on Friday in arguments over the fate of TikTok, a wildly popular digital platform that roughly half the people in the United States use for entertainment and information.
TikTok says it plans to shut down the social media site in the U.S. by Jan. 19 unless the Supreme Court strikes down or otherwise delays the effective date of a law aimed at forcing TikTok's sale by its Chinese parent company.
Working on a tight deadline, the justices also have before them a plea from President-elect Donald Trump, who has dropped his earlier support for a ban, to give him and his new administration time to reach a "political resolution" and avoid deciding the case. It's unclear if the court will take the Republican president-elect's views โ a highly unusual attempt to influence a case โ into account.
TikTok and China-based ByteDance, as well as content creators and users, argue the law is a dramatic violation of the Constitution's free speech guarantee.
"Rarely if ever has the court confronted a free-speech case that matters to so many people," lawyers for the users and content creators wrote. Content creators are anxiously awaiting a decision that could upend their livelihoods and are eyeing other platforms.
The case represents another example of the court being asked to rule about a medium with which the justices have acknowledged they have little familiarity or expertise, though they often weigh in on meaty issues involving restrictions on speech.
The Biden administration, defending the law that President Joe Biden signed in April after it was approved by wide bipartisan majorities in Congress, contends that... Read More