Business
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Roku Q2 Profit Jumps 1,464% With Fox Acquisition Looming
The streaming hardware maker did not host an earnings call or provide an updated financial outlook due to the pending $22 billion deal
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Available to WrapPRO members
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Lionsgate Still in Red Despite 48% Revenue Growth From ‘Michael’
Segment profit for the studio’s film division rose to a second quarter record $105 million thanks to the Antoine Fuqua biopic
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‘Jurassic World’ Sequel Loses Director Gareth Edwards Over Creative Differences
The “Rogue One” filmmaker directed 2025’s reboot “Jurassic World Rebirth”
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Vue Cinemas CEO Joins Growing List of Theater Execs Supporting Paramount-Warner Merger
Founder and CEO Tim Richards joins AMC and Regal in supporting Paramount’s acquisition after U.K.’s antitrust division approval
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FCC Votes to Repeal National Broadcast Ownership Cap
The decision comes as the $6.2 billion Nexstar-Tegna merger remains stuck in legal limbo
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Paramount-Warner Bros. Merger Cleared by UK Competition and Markets Authority
UK Culture Secretary Lisa Nandy also won’t intervene in the $110 billion deal after the David Ellison-led media giant agreed to conditions
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Warner Bros. Discovery’s Streaming Gains Overshadowed by Linear TV and Studio Struggles, Paramount Merger Limbo
CEO David Zaslav says the media giant has “every expectation” the $110 billion deal will close
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Available to WrapPRO members
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Versant’s CNBC, MS NOW Digital Push Takes Shape as Linear TV Declines
The streaming push comes as the Comcast spinoff reported mixed financial results but a higher 2026 forecast
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Regal Cinemas CEO Backs Paramount-WBD Merger, Adds Antitrust Trial ‘Could Be Damaging to Our Industry’
“A long fight in court that extends into spring or summer doesn’t put more films in theaters,” Eduardo Acuna says
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News Corp CEO Warns of ‘Slimy Sea of AI Slop,’ Threatens More Lawsuits
Thomson defended existing AI deals and teased more to come
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Sinclair CEO Says Removing FCC Ownership Cap Will Enable ‘More Level Playing Field’
The move would open M&A opportunities even as critics warn of consolidating local TV power
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News Corp Beats Q4 Revenue, Earnings Estimates
The Digital Real Estate, Dow Jones divisions fuel strong quarter
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Fubo’s New CEO Lays Out Priorities as NBA Finals, World Cup Fuel Subscriber Gains
The sports streamer grew to 5.8 million North American and 365,000 international subscribers in its third quarter, though Alisa Bowen warned there would be “some attrition”
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Disney Sells Out Super Bowl LXI Ad Inventory
The company closed its 2026 upfront negotiations, with volume commitments up double-digits year over year
