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Industry News

Business

  • Business Insider Hit With Layoffs for 4th Year in a Row

    By

    Jacob Bryant
    May 14, 2026 @ 12:49 PM
    Journalism
    12:49 PM
    Business Insider Hit With Layoffs for 4th Year in a Row
  • James Bond Casting Is Finally Underway as Amazon Hires Nina Gold to Find the Next 007

    “Dune” filmmaker Denis Villeneuve is attached to direct

    By

    Umberto Gonzalez
    May 14, 2026 @ 12:44 PM
    Business
    12:44 PM
    James Bond Casting Is Finally Underway as Amazon Hires Nina Gold to Find the Next 007
  • Linden Productions Boss Talks Shepherding Stage Adaptations and Knowing When to ‘Let Your Babies Go’

    Office With a View: Riva Marker tells TheWrap about bringing “Is God Is” to life from Aleshea Harris’ award-winning play

    By

    Loree Seitz
    May 14, 2026 @ 11:00 AM

    Pro Available to WrapPRO members

    Movies
    11:00 AM
    Linden Productions Boss Talks Shepherding Stage Adaptations and Knowing When to ‘Let Your Babies Go’

    Pro Available to WrapPRO members

  • 5 Critical Takeaways From Earnings Season: Warnermount, AI and More | Analysis

    From the ramifications of the pending Paramount-Warner Bros. merger to Big Tech going all-in on AI, here’s what you need to know

    By

    Roger Cheng
    May 14, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    Business
    6:15 AM
    5 Critical Takeaways From Earnings Season: Warnermount, AI and More | Analysis

    Pro Available to WrapPRO members

  • How Netflix Resurrected the R-Rated Blockbuster

    “The Rip,” “Thrash,” “War Machine” and “Apex” has proven that Netflix cannily understands audience appetites

    By

    Drew Taylor
    May 14, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Movies
    6:00 AM
    How Netflix Resurrected the R-Rated Blockbuster

    Pro Available to WrapPRO members

  • International Politicians Warn David Ellison About Paramount-WBD Merger Regulatory Concerns

    A coalition of leaders led by Reps. Sam Liccardo and Deborah Ross raise questions to the CEO

    By

    Loree Seitz
    May 14, 2026 @ 5:00 AM
    TV
    5:00 AM
    International Politicians Warn David Ellison About Paramount-WBD Merger Regulatory Concerns
  • Versant Shares Rise Over 7% as Fandango, GolfNow Boost Platforms Business

    But the unit’s first quarter growth was overshadowed by continued declines in linear distribution and advertising, which contributed to a 22% drop in profits

    By

    Lucas Manfredi
    May 14, 2026 @ 4:23 AM

    Pro Available to WrapPRO members

    Business
    4:23 AM
    Versant Shares Rise Over 7% as Fandango, GolfNow Boost Platforms Business

    Pro Available to WrapPRO members

  • Matt Damon, Ben Affleck Hit Netflix Performance Bonus for ‘The Rip’ Cast and Crew

    The streamer paid Damon and Affleck’s Artists Equity the bonus as part of their overall deal signed earlier this year

    By

    Jeremy Fuster
    May 13, 2026 @ 5:40 PM
    Business
    5:40 PM
    Matt Damon, Ben Affleck Hit Netflix Performance Bonus for ‘The Rip’ Cast and Crew
  • Netflix Ad Tier Surpasses 250 Million Monthly Active Viewers Globally

    Over 80% of ad plan members actively watch each week, the streamer shares during its 2026 upfront presentation

    By

    Lucas Manfredi
    May 13, 2026 @ 11:39 AM
    Streaming
    11:39 AM
    Netflix Ad Tier Surpasses 250 Million Monthly Active Viewers Globally
  • Enough With Those Absurd Standing Ovations at Cannes

    Marathon clapping has become de rigueur at the festival, but it’s largely meaningless — and leaves filmmakers feeling awkward

    By

    Steve Pond
    May 13, 2026 @ 8:49 AM
    Awards
    8:49 AM
    Enough With Those Absurd Standing Ovations at Cannes
  • Warner Bros. Discovery Ad Presidents Downplay Paramount Merger Impact on Upfronts: ‘Been Through Change and Challenges Before’

    “We don’t flinch, we meet the moment and continue to push forward in your best interest,” co-president Robert Voltaggio tells advertisers

    By

    Lucas Manfredi
    May 13, 2026 @ 7:37 AM
    Deals & M&A
    7:37 AM
    Warner Bros. Discovery Ad Presidents Downplay Paramount Merger Impact on Upfronts: ‘Been Through Change and Challenges Before’
  • Amazon Shakeup: Film, TV and Internationals Get Separate Business Affairs Units, Dan Scharf to Depart

    Amazon MGM Studios heads Courtenay Valenti, Peter Friedlander and Nicole Clemens explain the changes to staffers

    By

    Umberto Gonzalez
    May 12, 2026 @ 1:36 PM
    Business
    1:36 PM
    Amazon Shakeup: Film, TV and Internationals Get Separate Business Affairs Units, Dan Scharf to Depart
  • Paramount Urges California AG to Support Warner Bros. Discovery Merger, Citing 30-Film Theatrical Commitment

    “To compete more effectively with Netflix, and other leading services, a combined Paramount-WBD will need to capture audiences’ attention in fresh ways,” Paramount’s chief legal officer writes to Rob Bonta

    By

    Jacob Bryant
    May 12, 2026 @ 12:54 PM
    Business
    12:54 PM
    Paramount Urges California AG to Support Warner Bros. Discovery Merger, Citing 30-Film Theatrical Commitment
  • Cannes Directors Portfolio 2026: Ron Howard, Diego Luna and More | Exclusive Photos

    From James Gray to Pedro Almodóvar via Ryusuke Hamaguchi and Marie Kreutzer, here is our celebration of the auteurs at the heart of this year’s festival

    By

    Steve Pond
    May 12, 2026 @ 6:25 AM
    Awards
    6:25 AM
    Cannes Directors Portfolio 2026: Ron Howard, Diego Luna and More | Exclusive Photos
  • The Netflix Effect: Streamer Flexes Its $325 Billion Economic Impact With New Website

    Over the last decade, Netflix has invested over $135 billion in programming produced in more than 50 countries

    By

    Lucas Manfredi
    May 12, 2026 @ 3:00 AM
    Streaming
    3:00 AM
    The Netflix Effect: Streamer Flexes Its $325 Billion Economic Impact With New Website
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