Business
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Disney Nearing Deal to Sell India Operations to Reliance Industries (Report)
The Star India business was included in the $71.3 billion acquisition of 21st Century Fox’s entertainment assets in 2019
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Tucker Carlson Finally Lands First Advertiser for X Show
Four months after launch, Public Square is coming aboard with a commitment of “at least $1 million”
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ESPN Is a Disney Crown Jewel, but Its Financials Demand ‘Drastic Pivot’ to Direct-to-Consumer | Analysis
The sports network generated $1.89 billion operating profit in the first 9 months of fiscal 2023, but cord-cutting and escalating costs for sports rights are weighing on growth
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Available to WrapPRO members
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Crunchyroll Anime Streaming Launches on Prime Video Channels
The world’s largest anime subscription service is available in the U.S., Canada, Sweden and the U.K., with plans to launch in additional territories throughout 2024
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Spotify Posts Surprise Q3 Profit as Subscribers Leap 26%
The music streaming company’s shares wobbled in premarket trading as its Q4 revenue forecast fell short of Wall Street views
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Elon Musk’s X Strips New York Times Account of Gold Verification Badge Without Explanation
The removal makes it harder for users to tell where news is coming from as misinformation about two wars goes viral
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Google News Cuts Dozens of Staff Amid Rising Concern Over War News, Misinformation
About 45 people lost their jobs at Google News even as officials in the US and Europe demand accountability
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Roku Media Promotes Alison Levin to Head of Global Media Revenue Amid Leadership Restructuring
David Eilenberg was also given oversight of Roku’s Brand Studio
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Travis Kelce, Patrick Mahomes Invest in Formula 1 Racing Team Alpine
Other new investors include Rory McIlroy, Anthony Joshua and Trent Alexander-Arnold
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On-Location Filming in Los Angeles Dropped 41.4% in Q3 Amid WGA, SAG-AFTRA Strikes
The steepest losses came from scripted television, while reality TV emerged as the region’s primary production driver, according to FilmLA
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John Legend to Launch Food and Travel App ‘It’s Good’
The recommendation app will use positive reviews from online contacts, celebs and interviewers to send users to favorite spots
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New York Times Presses Court to Open Up Google Antitrust Trial
Much of the testimony during the first five weeks of the trial has taken place behind closed doors
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Tucker Carlson’s Media Company Raises $15 Million in Seed Round Led by ‘Anti-Woke’ Firm
1789 Capital, co-founded by Omeed Malik, invests in conservative-friendly companies
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Netflix’s Password Problem, Slow Ad Tier Lead Wall Street to Lower Earnings Targets
Earnings Preview: Many analysts cut price targets on the streamer’s stock as they await updates on the initiatives’ progress
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WrapPRO
Available to WrapPRO members
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LinkedIn to Lay Off More Than 660 Workers in Restructuring
The cuts will make up over 3% of the career-based social platform’s workforce
