Tech
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Instagram Tests Out 90-Minute Horizontal Videos in Push for TV Viewing
The test, which started with creators in Brazil, will roll out to select U.S. creators this month
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Tech News Outlet Rest of World Faces Shutdown After 6 Years
The nonprofit publication is searching for a new home amid declining website traffic, with plans to end independent publishing in January
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What Elon Musk’s Skydance Bet Really Means
In this week’s The Media Front, we unpack Musk’s $1 billion investment into the media company
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Business
Available to WrapPRO members
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Collage Wants to Navigate New AI Studios Through the Hollywood System
The management firm, founded by former UTA agent Dante DeSario, wants to be a bridge between traditional studios and AI startups
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Elon Musk Invests $1 Billion in Skydance
The investment comes a day after John Malone predicted a much larger SpaceX deal with David Ellison’s media giant
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Spotify Hits 306 Million Premium Subscribers as Revenue Grows 16%
Monthly active users for the streamer also grew 11%, accounting for 788 million users
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Music
Available to WrapPRO members
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For Meta, $10 Billion in Social Media-Related Legal Fees Is a Blip
The company reported that revenue and earnings excluding those fees beat Wall Street expectations
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Business
Available to WrapPRO members
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Meta Hit With $25 Billion Fine in Cambridge Analytica Privacy Case
New Mexico Judge Francis J. Mathew’s ruling comes after a jury found more than 43 million violations of state consumer protection laws
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Yahoo CEO Warns AI Poses ‘Existential’ Threat to Publishers
Jim Lanzone calls for AI companies to restore referral traffic as Bluesky’s Rose Wang warns of Big Tech’s growing control over the internet
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John Malone Predicts Over $8 Billion SpaceX-Skydance Partnership
The media mogul sees a potential investment and distribution deal, citing Elon Musk and Larry Ellison’s financial ties
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Netflix Revenue, Advertising Slowdown Rattles Wall Street as Growth Concerns Persist
Shares of the streamer fell over 6% after its weaker-than-expected outlook for the rest of 2026 overshadowed its third-quarter earnings
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Business
Available to WrapPRO members
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No Kings Instagram Account Disappears Amid Nationwide Trump Protests
“Meta must answer for this suspension and take immediate steps to ensure it never happens again — to any account,” the No Kings coalition says
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The Information Promotes Nick Wingfield to Co-Executive Editor as Martin Peers Steps Down
Peers will stay on as editor-at-large while the tech news outlet reshuffles leadership and plans for expansion
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OpenAI Sued by 8 States Over ChatGPT Safety Concerns
The lawsuits accuse the AI giant of misleading parents about risks to children, with some states seeking restrictions on advanced AI development
