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Business

  • WBD Sets New Global Division for Experiences, Parks, Exhibitions and More in Restructuring

    The new division will be charged with strategically expanding the company’s experiences

    By

    Drew Taylor
    September 5, 2024 @ 9:51 AM
    Business
    9:51 AM
    WBD Sets New Global Division for Experiences, Parks, Exhibitions and More in Restructuring
  • Verizon to Acquire Frontier Communications in $20 Billion Deal

    The move will extend the telecommunications giant’s fiber network to 25 million premises across 31 states and Washington D.C.

    By

    Lucas Manfredi
    September 5, 2024 @ 6:13 AM
    Business
    6:13 AM
    Verizon to Acquire Frontier Communications in $20 Billion Deal
  • DirecTV Says Disney Is Trying to ‘Corner the Market for Themselves’ Amid Carriage Dispute

    The pay TV giant argues that the House of Mouse’s package proposals are “laced” with minimum penetration requirements that limit the scope and reach of what it’s looking to offer

    By

    Lucas Manfredi
    September 4, 2024 @ 5:01 PM
    Business
    5:01 PM
    DirecTV Says Disney Is Trying to ‘Corner the Market for Themselves’ Amid Carriage Dispute
  • DirecTV Is Offering $20 Credit During Disney Carriage Dispute – Here’s How to Claim It

    The programming blackout, which includes linear networks ESPN and ABC, began on Sunday

    By

    Lucas Manfredi
    September 4, 2024 @ 4:43 PM
    TV
    4:43 PM
    DirecTV Is Offering $20 Credit During Disney Carriage Dispute – Here’s How to Claim It
  • Warner Bros. Discovery Will Be ‘Rational’ in Decision-Making Around Strategic Options, CFO Says

    The media giant’s stock is down more than 73% in the past five years, hovering around $7 per share

    By

    Lucas Manfredi
    September 4, 2024 @ 2:08 PM
    Business
    2:08 PM
    Warner Bros. Discovery Will Be ‘Rational’ in Decision-Making Around Strategic Options, CFO Says
  • Disney Says DirecTV Is Misrepresenting Carriage Negotiations, There’s ‘Path to Fair and Flexible Agreement’

    More than 11 million subscribers lost access to ABC and ESPN beginning Sunday

    By

    Loree Seitz
    September 4, 2024 @ 9:13 AM
    TV
    9:13 AM
    Disney Says DirecTV Is Misrepresenting Carriage Negotiations, There’s ‘Path to Fair and Flexible Agreement’
  • AMC Networks, Charter Renew Multi-Year Distribution Deal

    The new pact will include AMC+ at no additional cost to Spectrum TV Select customers

    By

    Lucas Manfredi
    September 4, 2024 @ 8:02 AM
    Business
    8:02 AM
    AMC Networks, Charter Renew Multi-Year Distribution Deal
  • Wasserman Expands Digital Creators Arm With Long Haul Management Acquisition

    Dan Levitt founded the sports, gaming and lifestyle company in 2013 and is named Wasserman’s SVP of Creators

    By

    Sharon Knolle
    September 4, 2024 @ 7:00 AM
    Business
    7:00 AM
    Wasserman Expands Digital Creators Arm With Long Haul Management Acquisition
  • DirecTV Calls Disney ‘An Obstacle to the Solution’ as ABC, ESPN Carriage Blackout Continues

    CFO Ray Carpenter says the channel distributor is ready to go “as long as it takes” for a fair deal

    By

    Jose Alejandro Bastidas
    September 3, 2024 @ 10:41 AM
    TV
    10:41 AM
    DirecTV Calls Disney ‘An Obstacle to the Solution’ as ABC, ESPN Carriage Blackout Continues
  • School-Aged Viewers Push YouTube Ahead of Disney in Nielsen’s Media Distributor Gauge for the First Time

    NBCUniversal holds steady in 3rd with a boost from the Paris Olympics, while Fox moves to 5th following a bump from the Republican National Convention

    By

    Lucas Manfredi
    September 3, 2024 @ 9:00 AM

    Pro Available to WrapPRO members

    TV
    9:00 AM
    School-Aged Viewers Push YouTube Ahead of Disney in Nielsen’s Media Distributor Gauge for the First Time

    Pro Available to WrapPRO members

  • Paramount Sells VidCon Creator Conference to UK Firm Informa

    The convention was founded by YouTubers John and Hank Green in 2010 before being acquired by Viacom in 2018

    By

    Sharon Knolle
    September 2, 2024 @ 9:16 AM
    Business
    9:16 AM
    Paramount Sells VidCon Creator Conference to UK Firm Informa
  • Disney Networks ABC, ESPN Go Dark on DirecTV as Carriage Talks Collapse, 11 Million Subscribers Impacted

    Channels were pulled from the satellite cable provider late Sunday afternoon

    By

    Lucas Manfredi
    September 1, 2024 @ 4:30 PM
    Business
    4:30 PM
    Disney Networks ABC, ESPN Go Dark on DirecTV as Carriage Talks Collapse, 11 Million Subscribers Impacted
  • WME Agent Brandt Joel Texts Colleagues ‘Screw the Left Kill All’ Following Hamas Killing of Israeli Hostages | Exclusive

    The rep for Matthew McConaughey, Jason Momoa and Kevin Hart also told colleagues in a groupchat that there are “clients we should have fired” for “abhorrent behavior”

    By

    Mike Roe
    September 1, 2024 @ 4:11 PM
    News
    4:11 PM
    WME Agent Brandt Joel Texts Colleagues ‘Screw the Left Kill All’ Following Hamas Killing of Israeli Hostages | Exclusive
  • Disney Says ‘Fairly Sizable Gap’ Remains in DirecTV Carriage Talks as Deadline Looms

    Justin Connolly, the content provider’s platform distribution president, tells TheWrap they are focused on making an agreement that reflects the value of their portfolio

    By

    Lucas Manfredi
    August 29, 2024 @ 6:22 PM

    Pro Available to WrapPRO members

    TV
    6:22 PM
    Disney Says ‘Fairly Sizable Gap’ Remains in DirecTV Carriage Talks as Deadline Looms

    Pro Available to WrapPRO members

  • Apple, Nvidia in Talks to Invest in ChatGPT Creator OpenAI

    The investment comes as generative AI features are set to roll out on Macs and iPhones

    By

    Mike Roe
    August 29, 2024 @ 11:22 AM
    Tech
    11:22 AM
    Apple, Nvidia in Talks to Invest in ChatGPT Creator OpenAI
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