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Business

  • Big Tech Stocks Down as Wall Street Hit Hard in Wake of Trump’s Tariffs

    Four of the five major tech companies represented at President Trump’s inauguration have seen their share prices decline in 2025, including Tesla, which has taken a 30% hit

    By

    Sean Burch
    March 4, 2025 @ 8:38 AM
    Tech
    8:38 AM
    Big Tech Stocks Down as Wall Street Hit Hard in Wake of Trump’s Tariffs
  • Sesame Workshop Files Lawsuit to Keep Amazon, Walmart, eBay From Selling Allegedly Counterfeit Toys

    The company behind “Sesame Street” wants e-commerce sites to stop selling fake versions of their trademarked goods, or else pay $150,000 per infringed work

    By

    JD Knapp
    March 3, 2025 @ 12:33 PM
    Lawsuits
    12:33 PM
    Sesame Workshop Files Lawsuit to Keep Amazon, Walmart, eBay From Selling Allegedly Counterfeit Toys
  • Comcast Scouting Manhattan for SpinCo Corporate HQ

    The eventual location will house some entertainment teams and MSNBC, including studio space and a production facility

    By

    Lucas Manfredi
    February 28, 2025 @ 3:51 PM
    Business
    3:51 PM
    Comcast Scouting Manhattan for SpinCo Corporate HQ
  • Disney Sells Out 2025 Oscars Ad Inventory

    The current rate for a 30-second spot during the 2025 telecast ranges between $1.7 million and $2.3 million

    By

    Lucas Manfredi
    February 28, 2025 @ 8:03 AM
    Awards
    8:03 AM
    Disney Sells Out 2025 Oscars Ad Inventory
  • TKO Completes $3.25 Billion Acquisition of IMG, On Location, Professional Bull Riders

    Endeavor is expected to own approximately 61% of TKO

    By

    Lucas Manfredi
    February 28, 2025 @ 6:41 AM
    Business
    6:41 AM
    TKO Completes $3.25 Billion Acquisition of IMG, On Location, Professional Bull Riders
  • How the Major Streamers Stack Up in Subscribers and Revenue

    Netflix leads the pack in revenue and number of subscribers, with no close second

    By

    Lucas Manfredi
    February 28, 2025 @ 6:15 AM

    Pro Available to WrapPRO members

    Business
    6:15 AM
    How the Major Streamers Stack Up in Subscribers and Revenue

    Pro Available to WrapPRO members

  • Nexstar CEO Says Broadcast Ownership Deregulation Is ‘Palpable’ Under Trump Administration

    The company also shared that The CW is aiming to become profitable in 2026

    By

    Kayla Cobb
    February 27, 2025 @ 9:57 AM
    TV
    9:57 AM
    Nexstar CEO Says Broadcast Ownership Deregulation Is ‘Palpable’ Under Trump Administration
  • Warner Bros. Discovery Renames DEI Group to Focus Solely on Inclusion

    The move comes amid a larger DEI crackdown by the Trump administration

    By

    Lucas Manfredi
    February 27, 2025 @ 9:07 AM
    Business
    9:07 AM
    Warner Bros. Discovery Renames DEI Group to Focus Solely on Inclusion
  • Pete Distad to Lead Fox’s New Streaming Service as CEO

    The former Apple TV+ and Hulu executive transitions from Venu Sports, which was scrapped in January

    By

    Lucas Manfredi
    February 27, 2025 @ 7:11 AM
    Business
    7:11 AM
    Pete Distad to Lead Fox’s New Streaming Service as CEO
  • Endeavor Posts Widened Net Loss of $237.2 Million in Q4

    The company’s representation and owned sports properties businesses were bright spots in the quarter, helping to boost total revenue to $1.57 billion

    By

    Lucas Manfredi
    February 27, 2025 @ 5:16 AM

    Pro Available to WrapPRO members

    WrapPRO
    5:16 AM
    Endeavor Posts Widened Net Loss of $237.2 Million in Q4

    Pro Available to WrapPRO members

  • Warner Bros. Discovery Swings to Streaming Profit of $409 Million in Q4

    The media giant, which boasts a total of 116.9 million streaming subscribers, says it has a clear path to reach at least 150 million globally by the end of 2026

    By

    Lucas Manfredi
    February 27, 2025 @ 4:18 AM

    Pro Available to WrapPRO members

    WrapPRO
    4:18 AM
    Warner Bros. Discovery Swings to Streaming Profit of $409 Million in Q4

    Pro Available to WrapPRO members

  • Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million

    The media giant is on track to reach domestic streaming profitability in 2025 as it awaits FCC approval for its $8 billion Skydance merger

    By

    Lucas Manfredi
    February 26, 2025 @ 1:04 PM

    Pro Available to WrapPRO members

    WrapPRO
    1:04 PM
    Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million

    Pro Available to WrapPRO members

  • Max Abandons Plan to Charge for Bleacher Report Sports Add-On

    The streamer will also remove the offering and CNN Max from its Basic With Ads tier starting March 30

    By

    Lucas Manfredi
    February 26, 2025 @ 7:15 AM
    Sports
    7:15 AM
    Max Abandons Plan to Charge for Bleacher Report Sports Add-On
  • AMC Hits Q4 Projections With $1.3 Billion in Revenue

    The theater chain sees $135.6 million net loss, but hopes to get out of the red this summer

    By

    Jeremy Fuster
    February 25, 2025 @ 1:31 PM
    Business
    1:31 PM
    AMC Hits Q4 Projections With $1.3 Billion in Revenue
  • Gersh Names Leslie Siebert as Sole President, Becoming First Woman to Lead Major Talent Agency

    The agency also appoints five new managing partners and 12 senior partners in a strategic restructuring

    By

    Umberto Gonzalez
    February 25, 2025 @ 10:00 AM
    Business
    10:00 AM
    Gersh Names Leslie Siebert as Sole President, Becoming First Woman to Lead Major Talent Agency
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