Joe Bel Bruno is TheWrap’s Editor at Large, Business. He most recently served as the Founding Editor of the business news site dot.LA. He was previously the Managing Editor of Variety, and served as Deputy Business Editor and later Deputy Entertainment Editor at the Los Angeles Times. Bel Bruno also ran markets coverage for The Wall Street Journal. Before that, he was an award-winning reporter at the Associated Press in New York, and held senior posts in London and New York for Knight Ridder Financial.
Experience:
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Amazon Says Revenue Accelerating Thanks to Benefits Like ‘LOTR: The Rings of Power’
Plus, executives said they are investing in video content in local languages of the countries it serves
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Why Facebook’s Q2 Ad Slump Should Make Hollywood Nervous | Analysis
Major entertainment studios are pinning their streaming success on advertising-tiered platforms — and the tech industry is flashing warning signs
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Netflix’s Mixed Earnings Give Hollywood a (Short) Chance to Exhale | Analysis
But how long can investors tolerate bad news, such as a million-subscriber loss, as being good news in the industry’s streaming arms race?
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Business
Available to WrapPRO members
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Hollywood CEO Mid-Year Report Card: Winners, Losers and Colossal Paychecks
Here’s how studio chiefs score going into 2022’s second half and what’s at stake with second-quarter earnings
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Business
Available to WrapPRO members
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Netflix’s Subscriber Exodus Has Hollywood on Edge Ahead of Earnings
“This could be the kind of end-of-days, biblical prophecy, eschatological moment” for multi-billion-dollar streaming bets, one analyst told TheWrap
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Business
Available to WrapPRO members
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Disney Finally Renews CEO Bob Chapek’s Contract, But the Damage Is Already Done | Analysis
Extending the CEO’s reign was really the only thing Disney’s board could do to silence critics, but it doesn’t erase the shaky record
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Business
Available to WrapPRO members
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Abigail Disney Poised to Mount Shareholder Battle Over Disney CEO Bob Chapek’s $32.5 Million Salary (Exclusive)
Heiress’ move comes two decades after her father, Roy E. Disney, led a proxy fight that ousted then-Disney CEO Michael Eisner
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Business
Available to WrapPRO members
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Why Hollywood CEOs Could Face a Payday Reckoning Next Year
Rebuking exorbitant chief executive pay is destined to be on the table at next year’s shareholder meetings amid lackluster earnings and a looming recession
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Business
Available to WrapPRO members
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Streaming Wars on a Budget? How Hollywood Plans to Scale Back Content Spending | Chart
Entertainment chiefs signal plans to trim their projected $140 billion investment in new movies and TV shows
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Business
Available to WrapPRO members
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Endeavor Q1 Revenue Surges to $1.5 Billion as Live Events Roar Back After Pandemic Shutdowns
The entertainment and sports giant beats Wall Street revenue projections as sports holdings like UFC, live events and TV/film productions ramp up
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Disney Throws Hollywood a Lifeline as Streaming Subscribers Rise to 138 Million
The entertainment giant reports second-quarter revenue increase helped by Disney+ subscription growth
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Can Disney Restore Wall Street’s Faith in Hollywood (and Streaming) After a Dismal Earnings Cycle?
The entertainment giant reports after the closing bell Wednesday as streaming, theme parks and the stock price come into focus
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Business
Available to WrapPRO members
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Fox Posts Q3 Revenue Gain on Strong Advertising, But Profit Misses Wall Street Projections
The television giant reported revenue rose 7% to $3.46 billion during the quarter. Fox News powered a 20% growth in cable ad sales.
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Even Disney Can’t Shake Wall Street’s Recession Fears About Hollywood Stocks | Analysis
Economic signals indicate the economic downturn is unavoidable, roiling stocks in a rout that sent Dow Jones index member Disney to an “unbelievable” $110 price
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Business
Available to WrapPRO members
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Warner Bros. Discovery Chief David Zaslav Vows Not to Overspend to Compete in Streaming Wars
The CEO of the nation’s third-largest entertainment player said he plans to avoid the pressure of meeting the spending of rival streamers
