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Business

  • Lionsgate Slashes Fiscal Q4 Loss to $39.5 Million on Boost in TV Production in First Post-Spinoff Earnings

    The media company spun off its TV and film studios from Starz as a separately traded entity earlier this month

    By

    Jeremy Fuster
    May 23, 2024 @ 2:05 PM

    Pro Available to WrapPRO members

    News
    2:05 PM
    Lionsgate Slashes Fiscal Q4 Loss to $39.5 Million on Boost in TV Production in First Post-Spinoff Earnings

    Pro Available to WrapPRO members

  • Live Nation Faces Antitrust DOJ Lawsuit in Latest Move to Limit Concert Ticket Dominance

    The suit is expected to come out of the Southern District of New York as soon as Thursday, Bloomberg and The Washington Post report

    By

    Sharon Knolle
    May 22, 2024 @ 5:32 PM
    Business
    5:32 PM
    Live Nation Faces Antitrust DOJ Lawsuit in Latest Move to Limit Concert Ticket Dominance
  • TNT Sports Strikes Licensing Deal for Select College Football Playoff Games With ESPN

    The network will present two first-round games in the 2024-25 seasons before adding two quarterfinal games starting in 2026

    By

    Lucas Manfredi
    May 22, 2024 @ 2:17 PM
    TV
    2:17 PM
    TNT Sports Strikes Licensing Deal for Select College Football Playoff Games With ESPN
  • Risa Heller Communications Taps Former Netflix Exec Erika Masonhall to Lead New Los Angeles Office

    The firm’s West Coast expansion aims to better position itself to advise entertainment executives, studios and showrunners

    By

    Lucas Manfredi
    May 22, 2024 @ 1:00 PM
    Business
    1:00 PM
    Risa Heller Communications Taps Former Netflix Exec Erika Masonhall to Lead New Los Angeles Office
  • Warner Bros. Discovery CFO Isn’t Sure Bundling Is ‘Endgame’ for Streaming, But ‘It’s Going to Play a Very Important Role’

    Gunnar Wiedenfels’ comments come as Max is set to launch a bundle with Disney+ and Hulu this summer

    By

    Lucas Manfredi
    May 22, 2024 @ 11:13 AM
    Streaming
    11:13 AM
    Warner Bros. Discovery CFO Isn’t Sure Bundling Is ‘Endgame’ for Streaming, But ‘It’s Going to Play a Very Important Role’
  • With Live Sports and Ad-Tier Flip-Flops, Netflix Shows Never Say ‘Never’ | Commentary

    The streaming giant has shown it is not afraid to do a 180, and that unapologetic flexibility has served it well

    By

    Peter Csathy
    May 22, 2024 @ 6:15 AM
    WrapPRO
    6:15 AM
    With Live Sports and Ad-Tier Flip-Flops, Netflix Shows Never Say ‘Never’ | Commentary
  • Kelly Garrett, Kate Redinger to Oversee Scripted Series in Hallmark Media Programming Division Restructuring

    Jessica Callahan, Jennifer Kramer and Camden Simmons will lead holiday content and the DaySpring and Mahogany franchises  

    By

    Lucas Manfredi
    May 21, 2024 @ 12:30 PM
    Business
    12:30 PM
    Kelly Garrett, Kate Redinger to Oversee Scripted Series in Hallmark Media Programming Division Restructuring
  • Ad-Supported Streaming Took a Huge Victory Lap at TV Upfronts 2024

    Sports also took center stage as Hollywood returned after last year’s strikes, wooing advertisers with A-list talent and musical performances

    By

    Lucas Manfredi and Kayla Cobb
    May 21, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    6:00 AM
    Ad-Supported Streaming Took a Huge Victory Lap at TV Upfronts 2024

    Pro Available to WrapPRO members

  • Sony-Apollo Backs Away From $26 Billion Paramount Bid but Paves Way to Continued Deal Talks, NDAs

    Sony Pictures Entertainment and Apollo Global Management gain access to the studio’s nonpublic financial information, The New York Times reports

    By

    Ross A. Lincoln
    May 17, 2024 @ 6:22 PM
    News
    6:22 PM
    Sony-Apollo Backs Away From $26 Billion Paramount Bid but Paves Way to Continued Deal Talks, NDAs
  • Paramount Global Chief Communications, Corporate Marketing Officer Julia Phelps to Exit

    The executive will depart at the end of May after two decades at the media conglomerate

    By

    Lucas Manfredi
    May 17, 2024 @ 2:08 PM
    Business
    2:08 PM
    Paramount Global Chief Communications, Corporate Marketing Officer Julia Phelps to Exit
  • Tubi CMO Says ‘Viewer First’ Content Strategy Fuels Streamer’s Massive Growth

    The free ad-supported platform has seen its share of total U.S. viewing time grow over 60% since its debut

    By

    Lucas Manfredi
    May 16, 2024 @ 3:47 PM

    Pro Available to WrapPRO members

    WrapPRO
    3:47 PM
    Tubi CMO Says ‘Viewer First’ Content Strategy Fuels Streamer’s Massive Growth

    Pro Available to WrapPRO members

  • RedBird IMI Completes $1.45 Billion All3Media Acquisition

    The studio, which is the U.K.’s largest independent production company, is known for shows like “The Traitors” and “Squid Game: The Challenge”

    By

    Lucas Manfredi
    May 16, 2024 @ 7:42 AM
    Business
    7:42 AM
    RedBird IMI Completes $1.45 Billion All3Media Acquisition
  • Disney, Fox, Warner Bros. Discovery Unveil Title, Logo for Sports Streaming Joint Venture: Venu Sports

    The offering, which combines the media giants’ portfolio of sports networks, is on track to launch this fall

    By

    Lucas Manfredi
    May 16, 2024 @ 7:16 AM
    Sports
    7:16 AM
    Disney, Fox, Warner Bros. Discovery Unveil Title, Logo for Sports Streaming Joint Venture: Venu Sports
  • YouTube Execs Clarify Those Emmy Aspirations and Tease What’s Ahead for the NFL

    “It’s about acknowledging the legitimacy of the creative product they produce,” chief business officer Mary Ellen Coe tells TheWrap of pushing for awards consideration

    By

    Kayla Cobb
    May 15, 2024 @ 3:45 PM

    Pro Available to WrapPRO members

    TV
    3:45 PM
    YouTube Execs Clarify Those Emmy Aspirations and Tease What’s Ahead for the NFL

    Pro Available to WrapPRO members

  • Netflix Ad Tier Reaches 40 Million Monthly Active Users Globally

    The streamer also shared plans to bring its ad tech in-house with the launch of a new platform

    By

    Lucas Manfredi
    May 15, 2024 @ 12:15 PM
    TV
    12:15 PM
    Netflix Ad Tier Reaches 40 Million Monthly Active Users Globally
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