Alexei Barrionuevo is the Business Editor at TheWrap. He previously served as an editor at Billboard, and before that as a staff writer at The New York Times and The Wall Street Journal. He has worked as a correspondent based in Brazil, Belgium and Venezuela.
Experience:
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Sony Pictures Nearly Doubles Q4 Income to $196 Million Driven by More Theatrical Releases
Sales rose 13% to $2.6 billion in the quarter but fell 10% for fiscal year 2023 due to strikes and lower licensing revenue
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With Disney+ Bundle, Max Is the First Streamer to Get Out of the ‘Everything for Everyone’ Game | Analysis
Analysts pressed Warner Bros. Discovery executives for more details on the new offering after WBD reported a $966 million Q1 loss
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Wall Street Turns Its Back on Disney’s Streaming Profit Milestone | Analysis
The company turned a corner but Iger may be settling into a more conservative growth strategy
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Business
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Apple Revenues Slip 4% to $90.75 Billion on Weaker Device Sales
Net income also fell 2% to $23.64 billion despite the device maker scoring a 14% jump in Services revenues to a quarterly record
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As a TikTok Ban Looms, What Happens to Entertainment Marketing?
President Biden signs a law forcing a sale of the Chinese-owned app, leaving Gen Z with a hole on their phones
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Could a Sony-Apollo Joint Bid Stop a Paramount Shareholder Revolt? | Analysis
But for now, Skydance Media still has until May 3 to turn exclusive talks with the studio into a deal.
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AMC CEO Says 2025 and 2026 Box Office Will Be ‘Roaring Hot’
“Finally we’re at a point where we can look forward,” Adam Aron tells TheWrap
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Apollo’s $11 Billion Bid for Paramount Ignites Bidding War | Analysis
The offer may be too good to ignore for majority owner Shari Redstone, analysts say
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UTA vs. Michael Kassan: A $125 Million Deal With an Advertising Powerhouse Blows Up
Kassan claims UTA retaliated after he quit in March. The agency alleges he misspent millions on a “lavish personal lifestyle”
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Bob Iger Plans to Leverage Epic Games Deal to Build Disney Universe That Lives ‘Side by Side to Fortnite’
“We were really impressed with what Epic had been able to accomplish with ‘Fortnite,’” the CEO said at Tuesday’s Morgan Stanley conference
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Paramount Global Races to Make Streaming a Profit Center – But the Clock Is Ticking | Analysis
The scale of linear TV losses has stunned Wall Street and Paramount is running out of time to go it alone
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Disney’s Iger Plays Offense, Touting New Investments, Streaming Initiatives After Earnings Win
Analysis: The CEO showed his mettle as he promised to fine tune the company’s creative strategy and offset declining linear assets
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Why Bob Iger Won’t Sell Disney’s Linear Assets | Exclusive
As Netflix tells the industry that M&A cannot save broadcast TV, Disney’s embattled CEO is still resisting a sale
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News
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Chaos, Fury Engulf Los Angeles Times in Historic Cuts to Newsroom
Latino and Black staffing is reduced by a third, D.C. bureau shuttered and prize winners given pink slips
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Media
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Newsroom Meddling, Money Woes: How A Billionaire Owner Lost His Star Editor at the Los Angeles Times | Exclusive
Respected editor Kevin Merida abruptly resigned last week after getting fed up with owner interference in the newsroom
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