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Business

  • Disney+ to Raise Price, Add Continuous Playlists for ‘Lean-Back’ Viewing Experience This Fall

    The offering, which launches in September, will make ABC News Live and a preschool content-focused playlist available at launch

    By

    Lucas Manfredi
    August 6, 2024 @ 10:00 AM
    Streaming
    10:00 AM
    Disney+ to Raise Price, Add Continuous Playlists for ‘Lean-Back’ Viewing Experience This Fall
  • Warner Bros. Discovery Looks to Pursue Smaller Asset Sales After Mulling Possible Break-Up | Report

    The media giant reportedly determined a split of streaming and studio businesses from linear could create “operational challenges”

    By

    Lucas Manfredi
    August 6, 2024 @ 7:14 AM
    Business
    7:14 AM
    Warner Bros. Discovery Looks to Pursue Smaller Asset Sales After Mulling Possible Break-Up | Report
  • Will Warner Bros. Discovery’s NBA Suit Save Face or Create New Headaches?

    Litigation may “irreparably” damage its relationship with the league, despite billions in lost revenue, analysts say

    By

    Lucas Manfredi
    August 6, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    6:00 AM
    Will Warner Bros. Discovery’s NBA Suit Save Face or Create New Headaches?

    Pro Available to WrapPRO members

  • Fox Corporation Net Income Slips to $320 Million as Company Reports Mixed Q4 Results

    The media company saw revenue of $3.09 billion, an increase of 2% compared to 2023, just missing Wall Street estimates

    By

    Natalie Korach
    August 6, 2024 @ 5:41 AM

    Pro Available to WrapPRO members

    News
    5:41 AM
    Fox Corporation Net Income Slips to $320 Million as Company Reports Mixed Q4 Results

    Pro Available to WrapPRO members

  • Game Informer Magazine Shuts Down After 33 Years

    The outlet’s entire staff was laid off by parent company GameStop on Friday

    By

    Lucas Manfredi
    August 2, 2024 @ 1:51 PM
    News
    1:51 PM
    Game Informer Magazine Shuts Down After 33 Years
  • AMC Suffers $32 Million Loss Amid Q2 Box Office Slump

    Revenue falls 23% year-over-year to $1.03 billion, but “Inside Out 2” provides late-quarter surge for theater chain

    By

    Jeremy Fuster and Alexei Barrionuevo
    August 2, 2024 @ 1:37 PM

    Pro Available to WrapPRO members

    Business
    1:37 PM
    AMC Suffers $32 Million Loss Amid Q2 Box Office Slump

    Pro Available to WrapPRO members

  • Cinemark Q2 Profits Drop 62% to $45.8 Million, but ‘Inside Out 2’ Helps Avoid a Loss

    The Texas-based multinational chain weathered a poor box office in April and May

    By

    Jeremy Fuster and Lucas Manfredi
    August 2, 2024 @ 5:14 AM

    Pro Available to WrapPRO members

    Business
    5:14 AM
    Cinemark Q2 Profits Drop 62% to $45.8 Million, but ‘Inside Out 2’ Helps Avoid a Loss

    Pro Available to WrapPRO members

  • LA28 Olympics Silent on $350,000 Salary for Casey Wasserman’s Former Secretary and Alleged Mistress

    A Daily Mail exposé says the mogul’s affair with former staffer Patricia Feau was an “open secret” before she moved to LA28, where Wasserman serves as chair

    By

    Benjamin Lindsay
    August 1, 2024 @ 6:52 PM
    Business
    6:52 PM
    LA28 Olympics Silent on $350,000 Salary for Casey Wasserman’s Former Secretary and Alleged Mistress
  • Apple Reports Record Q3 Revenue of $85.8 Billion, With AI Expansion on the Horizon

    The tech giant’s Services net sales, which includes Apple TV+ and Apple Music, rose 14% year-over-year to $24.2 billion

    By

    Natalie Korach
    August 1, 2024 @ 2:01 PM

    Pro Available to WrapPRO members

    Business
    2:01 PM
    Apple Reports Record Q3 Revenue of $85.8 Billion, With AI Expansion on the Horizon

    Pro Available to WrapPRO members

  • Roku Slashes Q2 Net Loss 68% to $34 Million

    Shares rose over 6% in after-hours trading as the company posted a smaller than expected loss of 24 cents per share and better than expected revenue of $968 million

    By

    Lucas Manfredi
    August 1, 2024 @ 1:35 PM

    Pro Available to WrapPRO members

    Business
    1:35 PM
    Roku Slashes Q2 Net Loss 68% to $34 Million

    Pro Available to WrapPRO members

  • LA 2028 Olympics Chair Casey Wasserman Accused of Being a ‘Serial Cheater’ Who Chronically Sleeps With Female Staffers

    Allegations against the music mogul behind Billie Eilish and Ed Sheeran date back nearly 20 years

    By

    Benjamin Lindsay
    August 1, 2024 @ 12:46 PM
    Business
    12:46 PM
    LA 2028 Olympics Chair Casey Wasserman Accused of Being a ‘Serial Cheater’ Who Chronically Sleeps With Female Staffers
  • Curtis ’50 Cent’ Jackson, Lionsgate Team Up on Action-Focused FAST Channel

    50 Cent Action will be backed by the studio’s library of over 20,000 titles, including “The Expendables,” “The Hitman’s Bodyguard,” “Rambo” and “Power”

    By

    Lucas Manfredi
    August 1, 2024 @ 9:00 AM
    TV
    9:00 AM
    Curtis ’50 Cent’ Jackson, Lionsgate Team Up on Action-Focused FAST Channel
  • Consolidation and Streaming Are Making Hollywood Back-End Deals Less Transparent Than Ever

    The industry’s increasing vertical integration makes keeping track of fair market value “more important than ever,” experts tell TheWrap

    By

    Diane Haithman
    August 1, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    6:00 AM
    Consolidation and Streaming Are Making Hollywood Back-End Deals Less Transparent Than Ever

    Pro Available to WrapPRO members

  • Venu Sports Sets Launch Price of $42.99 Per Month

    Fox, Disney and Warner Bros. Discovery’s joint sports streaming venture is slated to launch this fall

    By

    Lucas Manfredi
    August 1, 2024 @ 5:45 AM
    Sports
    5:45 AM
    Venu Sports Sets Launch Price of $42.99 Per Month
  • Meta’s Push Into AI Development Shows Promise With 73% Surge in Net Income

    The tech giant beat Q2 estimates, reporting revenue of $39.1 billion, up 22% from 2023

    By

    Natalie Korach
    July 31, 2024 @ 1:28 PM

    Pro Available to WrapPRO members

    AI
    1:28 PM
    Meta’s Push Into AI Development Shows Promise With 73% Surge in Net Income

    Pro Available to WrapPRO members

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