Business
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Paramount, iSpot Team Up to Increase Transparency Around Consumer Ad Response
The media giant’s adoption of the measurement firm’s new Outcomes at Scale offering marks its latest partnership with a Nielsen competitor
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FCC to Investigate Disney Over DEI Practices
Brendan Carr says he’s putting the “finishing touches” on a letter for the ABC parent company
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Top YouTube Creators Plan to Woo Madison Avenue by Showcasing the New Appointment TV
The talent behind mega-hit channels like MrBeast and Dude Perfect will use the Spotter Showcase event to reveal how audiences are engaging with them
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TV
Available to WrapPRO members
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X Ad Revenue Surges for First Time Since Elon Musk Purchase
The social media platform’s ad sales are projected to jump 16.5% to $2.26 billion this year
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2025 Ad-Spend Projection Downgraded as Media Faces ‘Stagnating’ Sales
Traditional media companies like TV and radio channels are expected to see a 1% drop in annual sales to $103 billion, Magna estimates
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Ari Emanuel Scores $174 Million Cash Payout in Endeavor Go-Private Deal
The executive rolled over ownership interests with a total value of $290.27 million, per the disclosure with the U.S. Securities and Exchange Commission
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Warner Bros. Discovery Takes Minority Stake in Dubai’s OSN Streaming Limited
The deal, which will be completed in stages and is subject to regulatory approval, will see WBD pay $57 million for a 30% stake
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StubHub Files for IPO, Reveals 2024 Revenue Jumped 30% to $1.7 Billion
But the secondary market concert ticket vendor reported a loss of $2.8 million compared to the $405 million profit it made in 2023
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FCC Chair Threatens to Block M&A for Companies That Embrace DEI Policies
“If there’s businesses out there that are still promoting invidious forms of DEI discrimination, I really don’t see a path forward,” Brendan Carr says
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Roku Extends Gains, With Stock Up 13% in 5 Days
Guggenheim Securities maintained a buy rating on the stock earlier this week, citing “high conviction” it would see continued improvements in engagement and economics in 2025
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Disney Shareholders Reject Proposal to Cut Ties With Human Rights Campaign
Investors also voted in favor of Disney’s executive compensation and the election of its slate of board directors
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Joel Meyer to Succeed Gary Goodman as Lionsgate Television Worldwide Production Head
Goodman will take an early retirement package just one year after signing a multi-year deal to continue overseeing production of its scripted shows
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CAA’s Tim Beeding, WME’s Doug Singer and Chloe Garcia Join Wasserman Music
The executives will lead the fairs and festivals, global agent and tour marketing teams, respectively
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A Top NBCUniversal Exec Says Spinning Off Cable Networks Is About ‘Getting Back to Simplicity’
Office With a View: Matt Schnaars, president of platform distribution & partnerships, tells TheWrap how SpinCo will enable a much more focused approach
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Office With a View
Available to WrapPRO members
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Apple Loses $1 Billion Annually on Apple TV+ | Report
The streaming service has 45 million subscribers, according to The Information
