Business
-
Legendary Names Blair Rich Chief Marketing and Commercial Officer
The exec had been advising the company for the past year on the marketing of “Dune: Part Two” and “Godzilla x Kong”
-
New York Times Adds 260,000 Digital Subs, Boosts Profits by 19.6%
The media company spent another $4.6 million on litigation related to its suit against Microsoft and Open AI over copyright infringement
Available to WrapPRO members
News
Available to WrapPRO members
-
Political Ads Drive Fox Revenue to 11% Increase
The continued growth of Tubi and Fox Sports’ “Summer of Soccer” also contributed to the year-over-year jump
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Warren Buffett’s Berkshire Hathaway Continues Selling Off Apple Stock
The investment titan’s company remains the iPhone manufacturer’s largest stockholder
-
Elon Musk Fails to Get Ex-Twitter CEO’s Severance Pay Claim Dismissed
A judge rules that former execs can pursue claims against the X owner for axing them to avoid paying those benefits
-
Disney Forms Business Unit Focused on Use of AI, Mixed Reality
The Office of Technology Enablement, led by Walt Disney Studios CTO Jamie Voris, comes after TheWrap exclusively reported a major AI initiative was in the works
-
Fremantle Promotes Kevin Woodward to Production EVP
Original Productions’ Ryan Abbott will also move into an expanded post-production and supervisory music role at the company
-
Amazon Ad Sales Rise 19% to $14.3 Billion in Q3
Sales for subscription services, which includes Prime Video, grew 11% to $11.3 billion during the quarter
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Comcast Exploring Spinoff of Cable Networks
The NBCUniversal parent is also open to streaming partnerships to help grow Peacock
-
Peacock Q3 Loss Narrows to $436 Million as Paris Olympics Boost Subs to 36 Million
The streamer’s revenue grew 82% year over year to $1.5 billion
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Meta Posts Record $15.7 Billion Profit as Net Income Balloons 35% in Q3
CEO Mark Zuckerberg says the Facebook parent company will continue to invest in AI and virtual reality because the upside is “really big”
Available to WrapPRO members
Tech
Available to WrapPRO members
-
Imax Revenue Down 12% From ‘Oppenheimer’ Boom, But Improves From Q2 to $91.5 Million
“Deadpool & Wolverine” and “Alien: Romulus” helped the premium format company stabilize after a rough start to summer box office
Available to WrapPRO members
Business
Available to WrapPRO members
-
Roku Posts More Than $1 Billion in Revenue in Q3 for First Time, Shaves Net Loss to $9 Million
The streamer and hardware maker, which is in 85.5 million households, will stop reporting the metric starting in the first quarter of 2025
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Fandom Lays Off More Staff in Latest Restructuring
The wiki-driven web company owns brands like GameSpot, Metacritic, GameFAQs, Screen Junkies and TV Guide
-
Amazon MGM Studios’ Pan-English Scripted Originals Head Rola Bauer Exits
The executive was elevated to the position during a restructuring in 2022 following the tech giant’s $8.5 billion acquisition of MGM
