Business
Southern California Edison to pay $80 million over deadly 2017 Thomas fire
Southern California Edison has agreed to pay $80 million to cover costs and damages from the 2017 Thomas fire, a massive blaze in Ventura and Santa Barbara counties that killed two people and later triggered a massive mudflow that resulted in 23 deaths.
The Thomas fire, which scorched more than 280,000 acres and destroyed more than 1,000 structures, ignited on Dec. 4, 2017, after high winds caused two Southern California Edison power lines to slap together, fire officials found.
Combined with another blaze sparked by the company’s equipment, it became the eighth-largest wildfire in state history, according to the California Department of Forestry and Fire Protection.
The utility agreed, in a settlement finalized Friday afternoon, to pay the federal government to resolve claims on behalf of the U.S. Forest Service, the Justice Department announced Monday. Edison did so without admitting wrongdoing or fault.
In a news release, the Justice Department called it “the largest wildfire cost recovery settlement by the United States in the Central District of California.”
“This record settlement provides significant compensation to taxpayers for the extensive costs of fighting the Thomas fire and for the widespread damage to public lands,” First Assistant U.S. Atty. Joseph T. McNally said.
Gabriela Ornelas, a spokesperson with Edison, called the settlement “a reasonable resolution.”
“We continue to protect our communities from the risk of wildfire with grid hardening, situational awareness and enhanced operational practices,” she said.
The Thomas fire began in two locations on that December evening, according to fire officials. The first ignition point was in Anlauf Canyon and the second was at the top of Koenigstein Road in Ventura County. The two fires joined together and formed the Thomas fire.
In 2020, the federal government filed a lawsuit on behalf of the Forest Service against Edison to recover costs from fighting the fire and for the extensive damage it caused to Los Padres National Forest, the U.S. attorney’s office said in its news release.
The Justice Department alleged that Edison owned, maintained and operated the power lines that caused both ignitions. In Anlauf Canyon, the government alleged that Edison power lines made contact with one another and ignited dry vegetation below. On Koenigstein Road, the federal litigation alleged that an Edison power pole transformer failed and caused an energized power line to fall to the ground, also igniting dry vegetation.
Edison previously acknowledged that its equipment probably started a fire off Koenigstein Road in Santa Paula, but its own investigators concluded that the company was probably not responsible for the second, larger blaze that began in Anlauf Canyon.
The utility agreed to pay the $80-million settlement within 60 days of the effective date of the agreement, according to the U.S. attorney’s office.
Utility-sparked wildfires in recent years have devastated vast swaths of the state, killing people and destroying small towns in their wake.
The Camp fire of 2018, which investigators said was caused by a failed Pacific Gas & Electric transmission line in the Sierra Nevada foothills, became the deadliest wildfire in California history, destroying the town of Paradise and killing 85 people.
Edison has paid out millions in recent years tied to wildfires. In 2021, the utility agreed to pay $550 million in fines to the California Public Utilities Commission safety and enforcement division for its role in five wildfires.
The agreement included fines and penalties relating to the Thomas, Woolsey, Rye, Meyers and Liberty fires, which collectively burned more than 380,000 acres and destroyed thousands of homes.
Investigators with the commission’s Safety and Enforcement Division determined that Southern California Edison violated state safety regulations, which led to the ignition of the blazes, they said.
Business
David Ellison hits CinemaCon, vowing to make more movies with Paramount-Warner Bros.
Paramount Skydance Chief Executive David Ellison made his case directly to theater owners Thursday, pledging to release a minimum of 30 films a year from the combined Paramount and Warner Bros. Discovery company during a speech at the CinemaCon trade convention in Las Vegas.
“I wanted to look every single one of you in the eye and give you my word,” Ellison said in a brief on-stage speech, adding that Paramount has already nearly doubled its film lineup for this year with 15 planned releases, up from eight in 2025.
He also said all films will remain in theaters exclusively for 45 days, starting Thursday. Films will then go to streaming platforms in 90 days. The amount of time that films stay in theaters — known as windowing — has been a controversial topic for theater owners, as some studios reduced that period during the pandemic. Theater operators have said the shortened window has trained audiences to wait to watch films at home and cuts into theater revenues.
“I have dedicated the last 20 years of my life to elevating and preserving film,” said Ellison, clad in a dark jacket and shirt with blue jeans. “And at Paramount, we want to tell even more great stories on the big screen — stories that make people think, laugh, dream, wonder and feel — and we want to share them with as broad an audience as possible.”
Ellison’s CinemaCon appearance comes as more than 1,000 Hollywood actors and creatives have signed a letter opposing Paramount’s proposed acquisition of Warner Bros. Supporters of the letter have said the deal would reduce competition in the industry and “further consolidate an already concentrated media landscape.”
Some theater operators have also questioned whether the combined company could achieve its goal of releasing 30 films a year, particularly after the cost cuts that are expected after the merger closes.
“People can speculate all they want — but I am standing here today telling you personally that you can count on our complete commitment,” Ellison said. “And we’ll show you we mean it.”
The speech came after a star-studded video directed by “Wicked: For Good” director Jon M. Chu that was shot on the Paramount lot on Melrose Avenue and showcased directors and actors including Issa Rae, Will Smith, Chris Pratt, James Cameron and Timothée Chalamet that are working with the company.
The video closed with “Top Gun” actor Tom Cruise perched atop the Paramount water tower.
“As you saw, the Paramount lot is alive again,” Ellison said after the video. “And we could not be more excited.”
Business
Video: Why Your Paycheck Feels Smaller
new video loaded: Why Your Paycheck Feels Smaller
By Ben Casselman, Nour Idriss, Sutton Raphael and Stephanie Swart
April 18, 2026
Business
Civil case against Alec Baldwin, ‘Rust’ movie producers advances toward a trial
Nearly two years after actor Alec Baldwin was cleared of criminal charges in the “Rust” movie shooting death, a long simmering civil negligence case is inching toward a trial this fall.
On Friday, a Los Angeles Superior Court judge denied a summary judgment motion requested by the film producers Rust Movie Productions LLC, as well as actor-producer Baldwin and his firm El Dorado Pictures to dismiss the case.
During a hearing, Superior Court Judge Maurice Leiter set an Oct. 12 trial date.
The negligence suit was brought more than four years ago by Serge Svetnoy, who served as the chief lighting technician on the problem-plagued western film. Svetnoy was close friends with cinematographer Halyna Hutchins and held her in his arms as she lay dying on the floor of the New Mexico movie set. Baldwin’s firearm had discharged, launching a .45 caliber bullet, which struck and killed her.
The Bonanza Creek Ranch in Santa Fe, N.M. in 2021.
(Jae C. Hong / Associated Press)
Svetnoy was the first crew member of the ill-fated western to bring a lawsuit against the producers, alleging they were negligent in Hutchins’ October 2021 death. He maintains he has suffered trauma in the years since. In addition to negligence, his lawsuit also accuses the producers of intentional infliction of emotional distress.
Prosecutors dropped criminal charges against Baldwin, who has long maintained he was not responsible for Hutchins’ death.
“We are pleased with the Court’s decision denying the motions for summary judgment filed by Rust Movie Productions and Mr. Baldwin,” lawyers Gary Dordick and John Upton, who represent Svetnoy, said in a statement following the hearing. “He looks forward to finally having his day in court on this long-pending matter.”
The judge denied the defendants’ request to dismiss the negligence, emotional distress and punitive damages claims. One count directed at Baldwin, alleging assault, was dropped.
Svetnoy has said the bullet whizzed past his head and “narrowly missed him,” according to the gaffer’s suit.
Attorneys representing Baldwin and the producers were not immediately available for comment.
Svetnoy and Hutchins had been friends for more than five years and worked together on nine film productions. Both were immigrants from Ukraine, and they spent holidays together with their families.
On Oct. 21, 2021, he was helping prepare for an afternoon of filming in a wooden church on Bonanza Creek Ranch. Hutchins was conversing with Baldwin to set up a camera angle that Hutchins wanted to depict: a close-up image of the barrel of Baldwin’s revolver.
The day had been chaotic because Hutchins’ union camera crew had walked off the set to protest the lack of nearby housing and previous alleged safety violations with the firearms on the set.
Instead of postponing filming to resolve the labor dispute, producers pushed forward, crew members alleged.
New Mexico prosecutors prevailed in a criminal case against the armorer, Hannah Gutierrez, in March 2024. She served more than a year in a state women’s prison for her involuntary manslaughter conviction before being released last year.
Baldwin faced a similar charge, but the case against him unraveled spectacularly.
On the second day of his July 2024 trial, his criminal defense attorneys — Luke Nikas and Alex Spiro — presented evidence that prosecutors and sheriff’s deputies withheld evidence that may have helped his defense . The judge was furious, setting Baldwin free.
Variety first reported on Friday’s court action.
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