Business
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CBS, Trump Enter ‘Advanced Settlement Negotiations’ in $20 Billion Lawsuit
The Texas federal court hearing the case has granted a stay on all proceedings until Thursday
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What Tariffs? Nasdaq, S&P 500 Climb to Record Highs as Netflix, Disney Continue Huge Runs
Disney and Netflix shares have surged 50% since President Trump’s “Liberation Day” tariffs initially rocked the markets in April
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Comcast to Sell Sky Deutschland to Bertelsmann’s RTL Group
The deal includes $176 million in cash and a “variable consideration” linked to the latter’s stock performance capped at $442 million
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National Geographic Content President Courteney Monroe on Taking a ‘Platform Agnostic’ Approach Amid Industry Shifts
Office With a View: The executive also discusses attracting top creative talent, what the brand looks for in storytelling and why Disney’s strategy makes her optimistic about linear’s future
Available to WrapPRO members
Office With a View
Available to WrapPRO members
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Jerry Bruckheimer and Irving Azoff to Headline TheGrill 2025
TheWrap’s flagship media and entertainment conference returns Sept. 30 at the DGA Theater in Los Angeles
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DirecTV Cuts Cord on Satellite Service in Some Markets
The nation’s third-largest pay TV provider says it is doing a trial run where select customers can only sign up for its streaming service
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Disney and Charter Strike Deal to Add Hulu and Restore Axed Cable Channels to Spectrum
The surprise move restores Disney Jr., Disney XD and more to the channel lineup
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DirecTV, Paramount Strike Content Licensing Deal for Skinny Bundle Offerings
The satellite TV giant is also launching a new $19.99 per month kids-focused bundle
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Why a Half-a-Trillion-Dollar Creator Economy Is Just the Beginning
As creators become more entrepreneurial, advertisers look to up their spending next year on digital on the heels of Cannes Lions
Available to WrapPRO members
Creatorverse
Available to WrapPRO members
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Trump-CBS Mediator Proposes $20 Million Settlement in Legal Battle | Report
The potential settlement would include a $17 million donation to Trump’s presidential foundation or museum
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Disney Cuts Staff in Product and Technology Division
The entertainment giant’s latest layoffs impact less than 2% of the team led by chief product and technology officer Adam Smith
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Netflix Should Invest in High-Value, Short-Form Content and Exclusive Creator Deals, Analyst Says
Wells Fargo’s Steve Cahall says move would add subscribers, drive engagement, boost ads and better compete with YouTube and social media
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Verizon to Stop Selling New +Play Subscriptions in July
The telecommunications giant is shifting focus to its myHome and myPlan offerings
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ESPN Renews Media Rights Deal With Premier Lacrosse League
The sports network will also take a minority equity stake in the organization
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BET Sets Layoffs as Part of Paramount’s 3.5% Reduction to US Staff
The job cuts will impact staffers “in areas including linear research, finance, and business and legal affairs,” BET CEO Scott Mills shares in a memo
