Business
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Tesla Chair Refutes Reports Company Is Looking to Replace Elon Musk
“The CEO of Tesla is Elon Musk and the board is highly confident in his ability to continue executing on the exciting growth plan ahead,” Robyn Denholm says
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Can Netflix Reach the $1 Trillion Club by 2030?
While Netflix executives see a path to the lofty market cap goal, financial analysts told TheWrap the hurdles are high
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Available to WrapPRO members
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AMC Theatres CEO Adam Aron Sees 2024 Pay Drop to $11.4 Million
The package marks a 55% decline from $25.4 million in 2023
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NBCUniversal Starts New Round of Layoffs Ahead of SpinCo Separation
The company is letting go of dozens of workers across TV and streaming divisions
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Donald Trump Says Paramount and CBS Have to ‘Pay a Price’ as ‘60 Minutes’ Lawsuit Mediation Begins
The president also threatened legal action against the New York Times for reporting that his suit is “baseless”
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Ari Emanuel, Mark Shapiro and Bill Duffy Acquire WME Basketball, Duffy to Lead Day-to-Day Operations
WME will continue representing retired players and coaches for marketing, broadcast and content opportunities
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FCC Chair Says CBS-Trump Settlement Talks Have Nothing to Do With Paramount-Skydance Deal Review
Brendan Carr added “all options remain on the table” in its “60 Minutes” investigation after the president called for the “maximum fines and punishment”
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Traditional TV Outlets Will Begin to Be Rolled Up by Private Equity in 2026, Analyst Predicts
Doug Creutz of TD Cowen also argues media companies should abandon direct-to-consumer efforts
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Billboard Names Mike Van First CEO in Music Magazine’s 131-Year History
Current editorial director Hannah Karp will report to Van following his promotion from president of Billboard
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Channel 4 CEO Alex Mahon to Step Down This Summer After 8 Years
COO Jonathan Allan will serve as interim CEO while a replacement is found
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Paramount’s Shari Redstone Was Paid $523,000 in 2024
The media giant’s board of directors raked in a combined $3.8 million in compensation for the year
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TKO Group CEO Ari Emanuel’s 2024 Pay Falls 72% to $18.1 Million
President and chief operating officer Mark Shapiro’s pay for the year climbed 98.7% to $31.96 million
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Paramount Ex-CEO Bob Bakish’s 2024 Pay Jumped 178% to $86.96 Million
George Cheeks, Brian Robbins and Chris McCarthy, who were promoted to co-CEOs last April, received pay of $22.2 million, $19.6 million and $19.5 million for the year, respectively
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Comcast CEO Brian Roberts’ 2024 Pay Dips to $33.9 Million
The package marks a 4.5% decrease from $35.5 million a year ago
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LA Tourism Faces a Summer Slump as Trump Policies and Wildfires Leave Travelers Skittish
Hollywood and the surrounding attractions hope they still have the allure to convince tourists to come, as economic uncertainties put a damper on travel plans
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Business
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