Business
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Comcast Launches Xfinity StreamStore
The platform allows customers to access 200,000 movies and TV shows from over 450 streaming apps and channels
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Los Angeles 2028 Olympics Set Peter Rice as Head of Ceremonies and Content
The former Disney and 21st Century Fox executive will lead production on the opening and closing ceremonies for the LA28 Summer Games and the Paralympics
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Skydance to Eliminate DEI at Paramount, Appoint CBS News Ombudsman to Review ‘Complaints of Bias’
The latest move comes as David Ellison looks to secure FCC regulatory approval of the $8 billion merger
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Paramount, Skydance and National Amusements Meet With FCC Commissioner Anna Gomez as Merger Approval Looms
The meeting comes after David Ellison spoke with the agency’s chairman Brendan Carr about the pending $8 billion deal
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Paramount Launches Review of International Pay-TV Strategy With Eye Toward Cuts
The media giant is considering shuttering its offices in Africa and reducing its local channel footprint, with a primary focus on cable brands
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Oracle in Talks With Paramount-Skydance for $100 Million Cloud Deal | Report
The agreement would see the media giant’s assets such as CBS and MTV hosted on the software giant’s servers, according to Bloomberg
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Senators Investigate Whether David Ellison Cut Side Deal With Trump After $16 Million Paramount Settlement
Elizabeth Warren, Bernie Sanders and Ron Wyden also question whether Skydance was involved in discussions to cancel “The Late Show With Stephen Colbert”
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Inside Disney+’s Bet on Short-Form News With ABC’s ‘What You Need to Know’
Episodes will be “fast, fluid and fearless,” covering everything from breaking headlines to viral videos in under 10 minutes, ABC News president Almin Karamehmedovic tells TheWrap
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WrapPRO
Available to WrapPRO members
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ViX Surpasses 10 Million Subscribers Globally
Despite the streamer’s growth, TelevisaUnivision’s total revenue fell 4% in its second quarter, dragged down by a 14% drop in its Mexico segment
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LA Times to Go Public ‘Over the Next Year,’ Patrick Soon-Shiong Says | Video
The billionaire announced the news during an interview with Jon Stewart on “The Daily Show”
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Fox Closes 2025 Upfront With Double-Digit Volume Growth Across News, Sports, Entertainment
Sports exceeded $2 billion in revenue, while Tubi saw volume grow over 35% year-over-year, an individual familiar with the negotiations tells TheWrap
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Fox Nation Acquires TV Rights to Hulk Hogan’s ‘Real American Freestyle’
The inaugural match-up for the wrestling competition will stream Aug. 30, with a second event set to take place this fall
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Making Sense of the Billion-Dollar AI Mega Deals
Gamesmanship between tech companies and FOMO are driving sky-high valuations. Will this bubble burst?
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News
Available to WrapPRO members
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Skydance Boss David Ellison Met With FCC Chairman in Bid to Finalize Paramount Merger
Ellison and Brendan Carr “discussed Skydance’s commitment to unbiased journalism and its embrace of diverse viewpoints” in a meeting on Tuesday
