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Business

  • Disney Cuts Hundreds of Jobs Across TV, Film, Corporate Finance and More in Latest Round of Layoffs

    This marks the fourth and largest staff reduction at the media conglomerate’s TV operations in the last year

    By

    Lucas Manfredi
    June 2, 2025 @ 9:56 AM
    Business
    9:56 AM
    Disney Cuts Hundreds of Jobs Across TV, Film, Corporate Finance and More in Latest Round of Layoffs
  • TelevisaUnivision US Ad Sales President Donna Speciale Steps Down

    She will be replaced by Tim Natividad, who will assume the role starting June 9

    By

    Lucas Manfredi
    June 2, 2025 @ 8:28 AM
    Business
    8:28 AM
    TelevisaUnivision US Ad Sales President Donna Speciale Steps Down
  • Allen Media Group Hires Moelis to Explore Sale of TV Stations

    Byron Allen’s media company has 28 owned and operated ABC-NBC-CBS-FOX affiliate television stations in 21 U.S. markets

    By

    Lucas Manfredi
    June 2, 2025 @ 8:01 AM
    Business
    8:01 AM
    Allen Media Group Hires Moelis to Explore Sale of TV Stations
  • Hallmark Media Sets John Matts as President, Jessica Tasler Noble as CCO

    Outgoing chief culture officer Sabrina Wiewel will become executive vice president of Crayola Studios

    By

    JD Knapp
    June 2, 2025 @ 6:04 AM
    Business
    6:04 AM
    Hallmark Media Sets John Matts as President, Jessica Tasler Noble as CCO
  • Producers Open Up on Tech’s Takeover of Hollywood – and Its ‘Dictatorial’ Approach to Budgets

    Scott Free’s David W. Zucker lamented that the relationship between producers and studio execs has become “grossly imbalanced”

    By

    Jeremy Fuster
    May 31, 2025 @ 4:21 PM
    News
    4:21 PM
    Producers Open Up on Tech’s Takeover of Hollywood – and Its ‘Dictatorial’ Approach to Budgets
  • California Senate Launches Paramount-Trump Settlement Talks Investigation, Invites Bill Owens and Wendy McMahon to Testify

    The lawmakers argue settling the $20 billion lawsuit to clear regulatory approval of the pending $8 billion Skydance merger could violate federal anti-bribery laws and the state’s unfair competition law

    By

    Lucas Manfredi
    May 30, 2025 @ 4:06 PM
    Politics
    4:06 PM
    California Senate Launches Paramount-Trump Settlement Talks Investigation, Invites Bill Owens and Wendy McMahon to Testify
  • National Legal and Policy Center Proposes Replacing Comcast’s Brian Roberts With Independent Chairman

    The conservative lobbying firm argues his dual role as CEO and chairman gives him an “inordinate amount of insufficiently checked power”

    By

    Lucas Manfredi
    May 30, 2025 @ 3:46 PM
    Business
    3:46 PM
    National Legal and Policy Center Proposes Replacing Comcast’s Brian Roberts With Independent Chairman
  • Starz Posts Widened $136 Million Operating Loss, 6% Revenue Decline in First Report After Lionsgate Split

    The results for its fourth quarter of 2025 included a $177 million restructuring charge, primarily from reassessing its content portfolio

    By

    Lucas Manfredi
    May 29, 2025 @ 1:54 PM

    Pro Available to WrapPRO members

    WrapPRO
    1:54 PM
    Starz Posts Widened $136 Million Operating Loss, 6% Revenue Decline in First Report After Lionsgate Split

    Pro Available to WrapPRO members

  • OpenAI Says Studio Deals Have Stalled in Hollywood

    COO Brad Lightcap says OpenAI’s tools are not “good enough” for professional filmmakers yet

    By

    Sean Burch
    May 29, 2025 @ 1:24 PM
    Artificial Intelligence
    1:24 PM
    OpenAI Says Studio Deals Have Stalled in Hollywood
  • Trump Lawyers Claim He Suffered ‘Mental Anguish and Confusion’ From ‘60 Minutes’ Kamala Harris Interview

    The president’s attorneys say the interview at the heart of the lawsuit is not protected by the First Amendment

    By

    Sean Burch
    May 29, 2025 @ 6:55 AM
    Media
    6:55 AM
    Trump Lawyers Claim He Suffered ‘Mental Anguish and Confusion’ From ‘60 Minutes’ Kamala Harris Interview
  • Netflix, Disney+, Prime Video Claim 92% of Streaming Sports Programming

    The three streamers, along with Apple TV+ and Paramount+, saw TV, movie and sports programming grow 5% in the second quarter of 2025, with the latter category up 7.8%, per Nielsen’s Gracenote

    By

    Lucas Manfredi
    May 29, 2025 @ 6:00 AM
    Sports
    6:00 AM
    Netflix, Disney+, Prime Video Claim 92% of Streaming Sports Programming
  • CAA Taps Brent Weinstein to Oversee Digital Media, Podcast and Games Businesses

    The executive will also lead the talent business ventures and speakers divisions and be involved in the agency’s M&A and investment activities

    By

    Lucas Manfredi
    May 28, 2025 @ 10:00 AM
    Business
    10:00 AM
    CAA Taps Brent Weinstein to Oversee Digital Media, Podcast and Games Businesses
  • Reed Hastings Joins Anthropic Board of Directors

    In addition to serving as Netflix’s board chairman, the executive has been a member of the boards of Facebook and Microsoft

    By

    Lucas Manfredi
    May 28, 2025 @ 9:34 AM
    Business
    9:34 AM
    Reed Hastings Joins Anthropic Board of Directors
  • Shout! Studios Promotes Rashad Qasem to Vice President of Content Licensing and Strategy | Exclusive

    The executive previously served as associate vice president, content licensing and strategy

    By

    Drew Taylor
    May 28, 2025 @ 9:00 AM
    Business
    9:00 AM
    Shout! Studios Promotes Rashad Qasem to Vice President of Content Licensing and Strategy | Exclusive
  • CNN COO David Leavy Pivots Back to Role at Warner Bros. Discovery

    His move back to WBD will reunite him with boss David Zaslav, whom he served for years before joining the cable channel

    By

    Sean Burch
    May 28, 2025 @ 7:18 AM
    Business
    7:18 AM
    CNN COO David Leavy Pivots Back to Role at Warner Bros. Discovery
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