Business
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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”
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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
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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”
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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
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Available to WrapPRO members
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OpenAI Says Studio Deals Have Stalled in Hollywood
COO Brad Lightcap says OpenAI’s tools are not “good enough” for professional filmmakers yet
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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
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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
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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
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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
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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
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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
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5 Big Trends From Earnings Season: Linear and Box Office Decline, Fox News’ Trump Bump and AI Surges
The latest round of media and tech earnings saw Hollywood take a hit
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Will Shari Redstone Face Bribery Charges if She Settles Trump’s $20 Billion ‘60 Minutes’ Lawsuit?
Legal experts say it is unlikely that Redstone settling with the president is bribery, but she may still be sued
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AMC Networks Promotes Olivia Dupuis to EVP of Publicity
She will lead consumer publicity and talent relations for the company’s five cable networks, six streaming services and two film distributors
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The Latest on How Streamers Stack Up in Profits and Losses, Subscribers and Revenue
As Netflix ditches quarterly subscriber and user revenue counts, the latest quarter’s results show the race continues to tighten amongst the legacy media players
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