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Business

  • Sean ‘Diddy’ Combs Rooming With Sam Bankman-Fried in Same Prison ‘Dormitory-Style’ Space

    The unlikely pair are currently bunking with a group of other defendants in Brooklyn’s Metropolitan Detention Center

    By

    Stephanie Kaloi
    September 24, 2024 @ 6:54 PM
    Crime
    6:54 PM
    Sean ‘Diddy’ Combs Rooming With Sam Bankman-Fried in Same Prison ‘Dormitory-Style’ Space
  • Paramount+ Comms Team Gutted in Latest Round of Layoffs

    The media giant’s second round in its 15% U.S. workforce reduction began Tuesday

    By

    Lucas Manfredi
    September 24, 2024 @ 2:58 PM
    Business
    2:58 PM
    Paramount+ Comms Team Gutted in Latest Round of Layoffs
  • Liberty Broadband Stock Soars 25% on Charter Communications Merger Counterproposal

    The John Malone-controlled company proposes an all-stock transaction to give shareholders 0.29 Charter shares per Liberty share

    By

    Lucas Manfredi
    September 24, 2024 @ 9:17 AM
    Business
    9:17 AM
    Liberty Broadband Stock Soars 25% on Charter Communications Merger Counterproposal
  • Warner Bros. Discovery Teams With Google Cloud for AI-Powered Captioning

    The partnership, which will initially be applied to the studio’s unscripted programming, is designed to significantly reduce production time and costs

    By

    Lucas Manfredi
    September 24, 2024 @ 7:48 AM
    Tech
    7:48 AM
    Warner Bros. Discovery Teams With Google Cloud for AI-Powered Captioning
  • NBCUniversal Overtakes YouTube, Disney in Nielsen Media Distributor Gauge for August

    Boosted by the Paris 2024 Olympics and the DNC, the media giant finished the month with a record share of 13.4%

    By

    Lucas Manfredi
    September 24, 2024 @ 5:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    5:00 AM
    NBCUniversal Overtakes YouTube, Disney in Nielsen Media Distributor Gauge for August

    Pro Available to WrapPRO members

  • SEC Pursues Sanctions Against Elon Musk in Twitter Probe

    Musk’s “gamesmanship and delay tactics must cease,” the government agency protecting investors says in court filing

    By

    Sean Burch
    September 20, 2024 @ 3:12 PM
    Social Media
    3:12 PM
    SEC Pursues Sanctions Against Elon Musk in Twitter Probe
  • Barry Diller: Netflix, Amazon, Apple Are ‘Really the Controllers’ of Hollywood

    The difference in resources is “astronomical” between legacy studios and tech companies, the IAC chairman says

    By

    Sean Burch
    September 20, 2024 @ 11:56 AM
    Tech
    11:56 AM
    Barry Diller: Netflix, Amazon, Apple Are ‘Really the Controllers’ of Hollywood
  • Netflix’s Greg Peters Says ‘Super Hype Bump’ of AI Adoption Has Passed

    “There’s a long road to go ahead of us before those things start to really take grip in a significant way,” the streamer’s co-chief executive says

    By

    Lucas Manfredi
    September 20, 2024 @ 9:29 AM
    Tech
    9:29 AM
    Netflix’s Greg Peters Says ‘Super Hype Bump’ of AI Adoption Has Passed
  • Former Disney Comms Head Zenia Mucha to Take Over Marketing at TikTok as Kate Jhaveri Exits

    Mucha, currently the social video platform’s chief brand and communications officer, adds marketing to her duties starting Monday

    By

    Mike Roe
    September 19, 2024 @ 5:55 PM
    News
    5:55 PM
    Former Disney Comms Head Zenia Mucha to Take Over Marketing at TikTok as Kate Jhaveri Exits
  • WME Co-Chairs ‘Optimistic’ for Hollywood’s Future Despite AI, Media Consolidation Fears

    “We have real confidence in the power of art. There’s real demand for it – that hasn’t changed,” Christian Muirhead says

    By

    Lucas Manfredi
    September 19, 2024 @ 1:45 PM
    Business
    1:45 PM
    WME Co-Chairs ‘Optimistic’ for Hollywood’s Future Despite AI, Media Consolidation Fears
  • Not Just Netflix: Sony Pictures CEO Says Streaming ‘Will Be Profitable’ for Other Services, Too

    Cable, meanwhile, is a business “rapidly declining,” Tony Vinciquerra suggests

    By

    Sean Burch
    September 19, 2024 @ 1:33 PM
    Streaming
    1:33 PM
    Not Just Netflix: Sony Pictures CEO Says Streaming ‘Will Be Profitable’ for Other Services, Too
  • Paramount Streaming, Showtime Publicity EVP Erin Calhoun to Exit

    The executive, who has overseen communications and campaigns at Paramount+, Pluto TV and Showtime for the past seven years, will depart at the end of September

    By

    Lucas Manfredi
    September 19, 2024 @ 12:00 PM
    Business
    12:00 PM
    Paramount Streaming, Showtime Publicity EVP Erin Calhoun to Exit
  • How Snapchat Plans to Turn It Around After a Brutal 88% Stock Drop | Analysis

    CEO Evan Spiegel is betting on a streamlined app and new hardware to boost Snap’ s battered business

    By

    Sean Burch
    September 19, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    Business
    6:00 AM
    How Snapchat Plans to Turn It Around After a Brutal 88% Stock Drop | Analysis

    Pro Available to WrapPRO members

  • TelevisaUnivision Names Daniel Alegre as New CEO, Wade Davis Steps Down

    The new chief executive takes office on Thursday

    By

    Ross A. Lincoln
    September 18, 2024 @ 9:15 PM
    TV
    9:15 PM
    TelevisaUnivision Names Daniel Alegre as New CEO, Wade Davis Steps Down
  • Warner Bros. Discovery Adds Daniel E. Sanchez to Board of Directors

    The attorney and public company director previously served on the boards of Starz and Lionsgate

    By

    Umberto Gonzalez
    September 18, 2024 @ 3:15 PM
    Business
    3:15 PM
    Warner Bros. Discovery Adds Daniel E. Sanchez to Board of Directors
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