Business
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OBB Media Sets Former E!, Dick Clark Boss Adam Stotsky as Chief Strategy & Commercial Officer
The former NBC Entertainment CMO will also be president of OBB’s new branded content business, Bolded
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Paramount-Skydance Deal Shareholder Damages Could Exceed $1.65 Billion, Pension Fund Says
CalSTRS argues Sony and Apollo’s $26 billion offer implies a “significantly higher value” and “greater damages” than the $15 per share used in an earlier calculation by investor Scott Baker
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Disney’s Succession Plan: Who’s In and Who’s Out in the Race to Rule the Magic Kingdom | Analysis
Following Disney’s announcement that a Bob Iger successor would be chosen in 2026, TheWrap breaks down the frontrunners
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Available to WrapPRO members
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Untitled Entertainment Acquires Jeff Silver and Matt Rosen’s Grandview
The transaction marks the first of its kind for TPG’s Initial Group umbrella since acquiring Untitled in June
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Disney Names James Gorman Chairman of the Board, Says Iger Successor to Come in Early 2026
The boardroom shakeup puts the former Morgan Stanley CEO in the lead seat as Mark Parker makes his scheduled exit
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Netflix Stock Rallies 11% After Q3 Earnings Beat
Shares of the streamer, which are up more than 120% in the past year, closed at $763.89 on Friday – just shy of its 52-week high
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Paramount Streaming Strategy Chief Jeff Shultz to Step Down
Paramount Streaming CEO Tom Ryan and U.S. Network Distribution president Ray Hopkins will step in to relieve the longtime exec’s duties
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Ryan Murphy Sets Meeting With Gavin Newsom to Advocate for More Production in LA
“We’re trying to get people back to work in California post-strikes,” the “Monsters” and “9-1-1” mega-producer tells TheWrap
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Charles Phillips Jr. to Exit Paramount Board of Directors Ahead of Skydance Merger
The former Infor CEO led the media giant’s special committee that ultimately approved the $8 billion merger, which is set to close in the first half of 2025
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Ted Sarandos Reiterates Netflix Is ‘Not Changing Our Compensation Structure’
“We like our model, and talent likes our model,” the co-CEO says
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Netflix Takes a Shot at Competitors’ Bundling Plans as Subscribers Soar
The streamer says others “lack our breadth of content,” while admitting their 2024 slate was “patchier” due to strikes
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Netflix Profits Surge 41% in Q3 to $2.36 Billion as Streamer Adds 5 Million Subscribers
The streamer, which boasts over 282 million subscribers globally, reported a 35% increase in ad-supported members
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WrapPRO
Available to WrapPRO members
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FTC Sets Final Rule Designed to Make Canceling Subscriptions Easier — Here’s Everything to Know
The agency says “click-to-cancel” will end the “tricks and traps” around getting rid of unwanted subscriptions, saving Americans time and money
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LA TV and Film Production Drops Below Strike Levels in Q3, Reality Plummets 56%
The region recorded a total of 5,048 shoot days, marking the weakest quarter of the year thus far and a 36.4% decrease from its five-year average
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Fox Entertainment Taps Hannah Pillemer, Allison Wallach to Lead Scripted and Unscripted Divisions
The pair joins Fox Entertainment president Fernando Szew’s creative leadership team following the studio’s restructuring earlier this year
