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Business

  • Skydance Media Slams Project Rise Partners’ ‘Belated’ and ‘Unserious’ $13.5 Billion Bid for Paramount

    The David Ellison-owned studio says it has uncovered “overwhelming evidence of fraud” and that the investor group is trying to “hijack” the FCC’s review of its pending $8 billion merger

    By

    Lucas Manfredi
    March 11, 2025 @ 8:39 AM
    Business
    8:39 AM
    Skydance Media Slams Project Rise Partners’ ‘Belated’ and ‘Unserious’ $13.5 Billion Bid for Paramount
  • Wall Street Sends Trump a Message With 900-Point Drop

    The business community is communicating with a president known for watching TV and tracking the Dow

    By

    Brian Lowry
    March 10, 2025 @ 6:02 PM
    Politics
    6:02 PM
    Wall Street Sends Trump a Message With 900-Point Drop
  • WBTV Ups Clancy Collins White to President of Creative Affairs in Newly Created Role

    Mele Nagler has also been promoted to EVP, while Brett Paul will continue to oversee the business side of the studio

    By

    Kayla Cobb
    March 10, 2025 @ 12:30 PM
    TV
    12:30 PM
    WBTV Ups Clancy Collins White to President of Creative Affairs in Newly Created Role
  • Murdoch’s Next Move: How Rupert Could Box Out His Children and Keep Control of the Fox Empire

    The 93-year-old media titan is locked in a legal feud with his kids over attempts to consolidate power under eldest son Lachlan

    By

    Lucas Manfredi
    March 10, 2025 @ 6:00 AM
    Media
    6:00 AM
    Murdoch’s Next Move: How Rupert Could Box Out His Children and Keep Control of the Fox Empire
  • Ali Abbasi Signs With UTA

    “The suggestion that I was dropped by my representation due to this interaction is false,” the director previously told TheWrap of his alleged groping incident

    By

    JD Knapp
    March 7, 2025 @ 9:53 AM
    Movies
    9:53 AM
    Ali Abbasi Signs With UTA
  • MNTN, Ryan Reynolds Reach Deal to Recombine Maximum Effort’s Digital Marketing, Production Arms

    Under the deal, which is expected to close April 1, the two companies will continue their creative partnership

    By

    Lucas Manfredi
    March 6, 2025 @ 9:06 AM
    Business
    9:06 AM
    MNTN, Ryan Reynolds Reach Deal to Recombine Maximum Effort’s Digital Marketing, Production Arms
  • Netflix’s $18 Billion in Content Spend for 2025 ‘Not Anywhere Near a Ceiling,’ CFO Says

     “I do think we are still just getting started,” Spencer Neumann says of the streamer’s growth

    By

    Lucas Manfredi
    March 5, 2025 @ 4:26 PM
    Business
    4:26 PM
    Netflix’s $18 Billion in Content Spend for 2025 ‘Not Anywhere Near a Ceiling,’ CFO Says
  • A+E Global Media Rebrand Is ‘Better Reflection’ of ‘Who We’re Going to Be Going Forward,’ Ad Sales Head Says

    Toby Byrne also tells TheWrap about the launch of the company’s new digital division and “encouraging trends” going into its upfront presentation to advertisers

    By

    Lucas Manfredi
    March 5, 2025 @ 9:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    9:00 AM
    A+E Global Media Rebrand Is ‘Better Reflection’ of ‘Who We’re Going to Be Going Forward,’ Ad Sales Head Says

    Pro Available to WrapPRO members

  • Disney to Cut Nearly 200 Jobs Across News and Entertainment, ABC News Hit Hard

    The Wednesday layoffs account for roughly 6% of ABC News Group and Disney Entertainment Networks’ staff

    By

    JD Knapp
    March 5, 2025 @ 6:48 AM
    TV
    6:48 AM
    Disney to Cut Nearly 200 Jobs Across News and Entertainment, ABC News Hit Hard
  • Disney+ Developing Interactivity Features to Boost Engagement With Kids

    Disney Entertainment co-chair Dana Walden says technology improvements are a “top priority” in 2025

    By

    Lucas Manfredi
    March 4, 2025 @ 5:33 PM
    Streaming
    5:33 PM
    Disney+ Developing Interactivity Features to Boost Engagement With Kids
  • WBD’s New Structure Will Provide Opportunity to ‘Go On Offense or Defense’ Amid Linear Upheaval, David Zaslav Says

    The chief executive also said the media giant is changing how it programs its cable channels, including looking at bringing HBO content to TNT and TBS

    By

    Lucas Manfredi
    March 4, 2025 @ 8:39 AM
    Business
    8:39 AM
    WBD’s New Structure Will Provide Opportunity to ‘Go On Offense or Defense’ Amid Linear Upheaval, David Zaslav Says
  • 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
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