Business
-
Fubo, Dish, DirecTV Urge Congress to Hold Hearing on Future of Pay TV Competition
The letter warns that Fox, Disney and Warner Bros. Discovery’s sports streaming joint venture raises “serious competition concerns”
-
Fox-Disney-WBD Sports Streaming Joint Venture Taps Jessica Casano-Antonellis as Communications SVP
The SiriusXM veteran will serve on the JV’s executive leadership team and be responsible for all comms for the upcoming platform
-
Cinemark Stock Jumps as $579 Million Q1 Revenue Beats Expectations
The Texas-based theater chain dipped just 5% from 2023 revenue despite lower box office performance compared to last year
Available to WrapPRO members
Movies
Available to WrapPRO members
-
Tyler Perry Studios, Asylum Entertainment Group Form Unscripted Content Joint Venture
The partnership will be overseen by Tyler Perry Studios’ vice president of unscripted programming Antoinetta Stallings
-
Which Streaming Movies and Shows Get to Go to DVD and Blu-ray?
Shows like Netflix’s “Wednesday” illustrate how a physical release depends on distribution deals, IP considerations and shrinking retail space
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Fubo Sports Streaming Platform Cuts Ties With Warner Bros. Discovery, Citing ‘Abuse of Massive Market Power’
The media company accuses WBD of refusing “to engage in good faith negotiations”
-
Paramount, Charter Communications Carriage Negotiations to Continue, Averting Blackout
The extension comes after renewal talks were initially set to expire at midnight on Tuesday
-
Amazon’s Prime Video Ad Tier Helps Boost Q1 Ad Revenue By 24% to $11.8 Billion
The Big Tech company, which launched the ad tier in January, also saw an 11% jump in overall subscription revenue
Available to WrapPRO members
Business
Available to WrapPRO members
-
Warner Bros. Discovery Stock Tanks Over 9% Amid Concerns It Could Lose NBA Rights
The conglomerate’s TNT has aired basketball since 1989, but NBCUniversal is reportedly closing in on snatching rights
-
Jeff Zucker’s RedBird IMI to Sell Telegraph Group Rights After UK Blocks Buyout
The Abu Dhabi-backed firm’s attempt to take over the conservative outlets faced opposition from British leadership over foreign funding
-
Matrix Asset Advisors Slams Paramount Over Bob Bakish Exit: ‘Everything About Today’s Update Is a Disgrace’
“This is a major unforced error that will cost the company upwards of $50 million,” the firm’s chief investment officer David Katz tells TheWrap
Available to WrapPRO members
Business
Available to WrapPRO members
-
Paramount Narrows Streaming Loss 44% to $286 Million, Tops 71 Million Subscribers
The media conglomerate declined to take analyst questions following the departure of CEO Bob Bakish
Available to WrapPRO members
Business
Available to WrapPRO members
-
Skydance Revises Paramount Offer With $3 Billion Cash Infusion to Allay Shareholder Worries
The new terms would sweeten the deal for some non-voting Class B shares, an insider tells TheWrap
-
Peacock Hikes Prices Ahead of Olympics
The increases for the Premium and Premium Plus tiers to $7.99 and $13.99 per month will take effect starting July 18 for new customers
-
Skydance Merger Talks and CEO Exit Loom Over Paramount Q1 Earnings
Paramount reports its quarterly results Monday afternoon as the May 3 deadline for exclusive merger discussions between the two companies quickly approaches
Available to WrapPRO members
WrapPRO
Available to WrapPRO members