Business
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Wall Street Bets on Box Office Resurgence
Investors are upbeat about movie theaters after a boffo 2026
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Business
Available to WrapPRO members
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Paramount+ Originals Head Jane Wiseman to Exit as Casey Bloys Restructures Skydance DTC Leadership
The move comes as the streamer is set to combine operations with HBO Max post-Warner Bros. Discovery merger
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Axel Springer to Cut 100 Telegraph Jobs in AI Overhaul
The restructuring comes four months after the German publisher acquired the British newspaper, promising investment and expansion
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Collage Wants to Navigate New AI Studios Through the Hollywood System
The management firm, founded by former UTA agent Dante DeSario, wants to be a bridge between traditional studios and AI startups
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Dennis St. Rose and CAA’s Full Story Initiative Believe Diverse Storytelling Is ‘Good for Business’ and Data Proves It
Office With a View: CAA’s Community & Impact executive unveils exclusively to TheWrap five new partners bringing their resources to the database
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Business
Available to WrapPRO members
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YouTube TV Viewing Hits Record 15.8% in August as Streaming Usage Declines
Total TV usage fell 4.4% during the month as kids and teens returned to school and the World Cup concluded, while streaming fell 3.2%, per Nielsen
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TV
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Specialty Streamers Are Building Momentum by Tapping Niche Interests and Superserving Fandoms
Insiders say there’s a growth opportunity in being “everything to someone.” But can they overcome streaming fatigue, media consolidation and Wall Street’s profitability demands?
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Streaming
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Peacock’s Profitability Streak, World Cup, Christopher Nolan’s ‘The Odyssey’ Lift NBCUniversal Ahead of Spinoff
But theme parks softness and a continued downturn in broadband and video weighed down Comcast’s third-quarter results
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Business
Available to WrapPRO members
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Spotify Hits 306 Million Premium Subscribers as Revenue Grows 16%
Monthly active users for the streamer also grew 11%, accounting for 788 million users
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Music
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Electronic Arts to Cut 400 Jobs, Shutter Development Studio BioWare
“We’re making deliberate choices to align talent and investments where we see the greatest opportunities,” COO David Tinson and President Cam Weber write
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For Meta, $10 Billion in Social Media-Related Legal Fees Is a Blip
The company reported that revenue and earnings excluding those fees beat Wall Street expectations
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Business
Available to WrapPRO members
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Wall Street Lowers Netflix Stock Price Targets After Weak Outlook Overshadows Q3 Earnings
Shares of the streamer extended their losses another 4% on Wednesday
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John Malone Predicts Over $8 Billion SpaceX-Skydance Partnership
The media mogul sees a potential investment and distribution deal, citing Elon Musk and Larry Ellison’s financial ties
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Netflix Explains How It Will Fix Its Growth Problem. Wall Street Isn’t Convinced | Analysis
The company discussed improving the quality of its content slate, opened the door to add-on services and talked up the long-term potential of its ad business
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Business
Available to WrapPRO members