Business
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Business Insider Cements Christian Baesler as CEO
He joined the Axel Springer outlet as its interim chief executive officer after Barbara Peng’s exit at the end of June
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Paramount-Warner Bros. Merger: Ari Emanuel Proposes Editorial Board to Oversee CNN
The WME Group executive chair called the move an “easy solve” to address concerns about the Ellison family’s ownership of the network and CBS following the $110 billion deal
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TheGrill Adds AI Creator Day With What’s Trending for 2-Day Event
TheWrap’s flagship conference kicks off with AI Creator Day on Sept. 29, ahead of TheGrill on Sept. 30.
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Unlocking Family Offices: Hollywood’s $22 Billion, Under-the-Radar Pipeline
Trade Secrets: Experts break down what the specialized investment firms are and where they’re investing in media and entertainment
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Business
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David Ellison Says Paramount-WBD Lawsuit Is About CNN, Shares His Politics
“I do not aspire to lead these companies to bend their newsrooms to my views,” the executive says in a New York Times op-ed
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Spotify Shares Sink 5% as Weak Outlook Overshadows Premium Subscriber Milestone
The music streaming giant reaches a total of 300 million premium subscribers and 777 million monthly active users as of the end of its second quarter
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Business
Available to WrapPRO members
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Gourmet Revival to Rebrand After Condé Nast Trademark Lawsuit
The food newsletter will publish under a temporary name before unveiling a new brand
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‘Spider-Man,’ ‘Odyssey’ Push U.S. Box Office to All-Time Record $434 Million Overall Weekend
The two films starring Tom Holland, Zendaya and Jon Bernthal broke the $402 million record set by the opening of “Avengers: Endgame”
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‘Barbie’ Sequel Stalled at Warner Bros. Over Margot Robbie, Ryan Gosling Contracts
WB has until December to lock a deal with the “Barbie” stars and filmmaker Greta Gerwig before the rights revert to Mattel
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Paramount Seeks November Warner Bros. Merger Trial While State AGs, WGA Ask for April
The David Ellison-led media giant wants to start as soon as possible, while the states and labor union say they need more time for discovery
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California Gov. Gavin Newsom Encourages State AGs to Settle Paramount-Warner Bros. Merger Lawsuit | Report
The Wall Street Journal reports Newsom is concerned employment in the state could suffer if the $110 billion deal is blocked
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ESPN Announcer Karl Ravech Returns to Call MLB Game Days After Being Laid Off
The longtime commentator is already on deck to call an August game between the New York Yankees and Seattle Mariners
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Why Talent Agencies Are Hot With Investors
This week’s The Ledger also digs into more M&A deals and the continued saga of Paramount-WBD
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Business
Available to WrapPRO members
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Paramount-WBD: Block the Merger Coalition Members Urge UK Culture Secretary to Intervene
The U.K. Competition and Markets Authority will decide whether to clear the $110 billion deal or launch a more in-depth investigation by Aug. 7
