Business
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Kimbal Musk and Jeffrey Katzenberg’s Nova Sky Stories Sees Drone Shows as ‘Third Pillar’ of Live Outdoor Entertainment
TheGrill 2025: The pair are in talks with major Hollywood studios about adapting their IP for storytelling in the sky
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EA, Vimeo Led the Leverage Buyouts That Drove September M&A in Entertainment
The Funding File also reports that among startup investments, the social media-focused The News Movement co-founded by Washington Post CEO Will Lewis received $10 million from Qatari investors
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Business
Available to WrapPRO members
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The Reset: The Silver Lake Lining in the TikTok Deal
Keep eye on private equity firm Silver Lake, which in one week added TikTok and Electronics Arts to its growing Hollywoodsphere investment portfolio
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Business
Available to WrapPRO members
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NBCUniversal, YouTube TV Agree to Short Extension of Carriage Agreement as Negotiations Continue
The companies avoid a blackout of NBC, Bravo, Telemundo and more on the Google-owned distributor
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TelevisaUnivision Programming Goes Dark on YouTube TV
The blackout comes after the two parties failed to reach a new carriage deal before the current contract’s expiration on Tuesday
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Disney Hits Character.AI With Cease-and-Desist Over Unauthorized Character Use
The AI platform removed the copyright characters after its “infringing chatbots” were accused of being “harmful and dangerous to children”
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Tubi to Simulcast Fox’s Thanksgiving Day NFL Game
The showdown between the Detroit Lions and Green Bay Packers kicks off on Nov. 27 at 1 p.m. ET
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FCC Advances Review of Broadcast Ownership Rules
The agency will seek public comment on retaining, modifying or eliminating the local radio, television and dual network rules
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Fubo Shareholders Approve Hulu + Live TV Merger
The deal, which is expected to close in fourth quarter of 2025 or first quarter of 2026, remains subject to regulatory approval
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Spotify CEO Daniel Ek to Step Down as Company Shifts to Co-CEO Structure With Alex Norström and Gustav Söderström
“This change simply matches titles to how we already operate. In my role as executive chairman, I will focus on the long arc of the company,” the founder and outgoing CEO says
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Philo Expands Core Subscription Offering With Ad-Supported HBO Max, Discovery+
The Warner Bros. Discovery-owned streaming services will be available in an enhanced package for $33 per month
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Exclusive Research — Taking a Beat on Live Entertainment: 2025
A major exhibition of L.A. artists and a portfolio of Hollywood’s finest actors of the year coalesce in a collaboration of creativity.
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Business
Available to WrapPRO members
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Paramount Sets Media Rights Deal With TKO, Saudi-Backed Zuffa Boxing
Beginning January 2026, Paramount+ will distribute a full slate of boxing events, with select matches to be simulcast on CBS and other Paramount platforms
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Sony Lists $9.5 Billion in Financial Group Shares in Shift Towards Entertainment
The listed shares come ahead of a planned spinoff on Wednesday
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Electronic Arts to Go Private in $55 Billion Deal
The acquisition by Saudi Arabia’s Public Investment Fund, Silver Lake and Jared Kushner’s Affinity Partners is the largest leveraged buyout in history
