Business
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Paramount Sweetens Golden Parachute for Co-CEOs With $3 Million Stock Awards, Other Incentives
If Brian Robbins, Chris McCarthy or George Cheeks are demoted from their current position, they can resign for “good reason” and collect severance payments
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Amazon to Expand Prime Video Ads to Brazil, India, Japan, the Netherlands and New Zealand in 2025
The service’s ad-supported viewing experience is already available in the U.S., U.K., Canada, Australia, Austria, France, Germany, Italy, Mexico and Spain
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Will Paramount Drop Nielsen? TV Networks Demand Better Metrics, but Legacy Ties Make It Tough | Analysis
The dispute signals a potential sea change as networks struggle with Nielsen’s dominance during the transition to streaming
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Available to WrapPRO members
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Legendary Entertainment Buys Out Wanda Group’s Ownership Stake
As part of the move, the “Dune” and “Godzilla” studio’s board will be evenly split between management and private equity firm Apollo, which made a $760 million minority investment in 2022
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‘I, Robot’ Director Calls Out Elon Musk for Aping His Work: ‘Can I Have My Designs Back?’
Alex Proyas points out the striking similarity in the new robots and vehicles debuted by Tesla’s CEO at Warner Bros. Studios
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Brian Roberts Says Peacock Suffered ‘Most Losses We’ve Had’ in 2023
The Comcast CEO says its NBA deal could “theoretically” hurt streaming profitability in the short run, but sees it as a growth engine over the long term
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Imax Hires Jonathan Fischer as Chief Content Officer
The exec previously handled global strategy and finance for Netflix’s film unit
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Eva Longoria, Cris Abrego’s Hyphenate Media Group Invests in Gloria Calderón Kellett’s GloNation Studios
Kellett is known for TV shows like “One Day at a Time,” “The Horror of Dolores Roach” and “With Love”
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DirecTV to Launch FAST Service in November
MyFree DirecTV will offer titles like “Duck Dynasty,” “Power,” “Pawn Stars” and “The Walking Dead: Daryl Dixon – The Book of Carol”
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Netflix’s Brandon Riegg, ABC’s Rob Mills, The CW’s Heather Olander Set for First-Ever Unscripted Executive Summit
The one-day event, hosted by trade association NPACT and software company Talent Systems, will be held on Oct. 29 at Los Angeles’ Skirball Cultural Center
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DOJ Weighs Breakup of Google for ‘Unlawful Conduct’ in Search-Engine Dominance
Google’s position has left rivals “with little-to-no incentive to compete”
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Shari Redstone Says CBS ‘Made a Mistake’ in Rebuking Ta-Nehisi Coates Interview: ‘Tony Did a Great Job’
The Paramount Global non-executive chair’s remarks come in response to the network’s internal review that found Tony Dokoupil violated editorial standards
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OpenAI, Hearst Strike Content Licensing Partnership
ChatGPT’s 200 million weekly users will have access to lifestyle content from over 20 magazine brands and more than 40 newspapers
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Amazon Seeks to Dismiss Ad Tier Lawsuit, Says Prime Viewers ‘Got Exactly What They Bargained For’
The tech giant argues that it’s never promised that Prime Video would be “always, or entirely, ad-free”
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Katie Conklin to Lead DDA’s NYC Film and Series Publicity Division
Madison Tobin also joins as a senior account executive from 42West while Paige Gurski boards as a creative lead from Wieden+Kennedy
