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Industry News

Business

  • E.W. Scripps to Become an ‘AI-Powered Broadcast Journalism Company’ After Sweeping Layoffs

    By

    A.J. Katz
    August 7, 2026 @ 10:23 AM
    Business
    10:23 AM
    E.W. Scripps to Become an ‘AI-Powered Broadcast Journalism Company’ After Sweeping Layoffs
  • The Ledger: Wall Street’s Take on the Broadcast Cap Removal

    Plus, a cheat sheet to this week’s busy earnings results

    By

    Jon Lafayette
    August 7, 2026 @ 9:14 AM

    Pro Available to WrapPRO members

    Columns
    9:14 AM
    The Ledger: Wall Street’s Take on the Broadcast Cap Removal

    Pro Available to WrapPRO members

  • Luca Guadagnino to Receive Special Award at Venice Film Festival

    The Italian filmmaker will be showing his documentary “Joie de vivre” at the celebration of cinema on the Lido

    By

    Missy Schwartz
    August 7, 2026 @ 7:06 AM
    Awards
    7:06 AM
    Luca Guadagnino to Receive Special Award at Venice Film Festival
  • How Hallmark Is Battling Linear Decline and Betting on Streaming — Starting With a Romp in Paris

    President Darren Abbott tells TheWrap about enhancing the streaming experience while nearly doubling its Christmas movie lineup

    By

    Loree Seitz
    August 7, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    TV
    6:15 AM
    How Hallmark Is Battling Linear Decline and Betting on Streaming — Starting With a Romp in Paris

    Pro Available to WrapPRO members

  • FCC Killed the Broadcast TV Ownership Cap. Will Local Stations Get Gobbled Up?

    One expert warns the change allows FCC Chairman Brendan Carr to create a pro-Trump crony system, but legal challenges are sure to follow

    By

    Lucas Manfredi
    August 7, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Deals & M&A
    6:00 AM
    FCC Killed the Broadcast TV Ownership Cap. Will Local Stations Get Gobbled Up?

    Pro Available to WrapPRO members

  • Starz Raises Profit Outlook as Streaming Stabilizes, but Linear TV Tumbles

    The company’s second-quarter net loss widened due in part to a $147 million charge tied to exiting its Universal film deal

    By

    Lucas Manfredi
    August 7, 2026 @ 4:16 AM

    Pro Available to WrapPRO members

    Business
    4:16 AM
    Starz Raises Profit Outlook as Streaming Stabilizes, but Linear TV Tumbles

    Pro Available to WrapPRO members

  • Lionsgate CEO Supports Paramount-Warner Merger, Says Bolstered Paramount+ ‘Would Be Better For Us’

    “Uncertainty and delay is not good for anybody,” Jon Feltheimer adds

    By

    Jeremy Fuster
    August 6, 2026 @ 4:21 PM
    Business
    4:21 PM
    Lionsgate CEO Supports Paramount-Warner Merger, Says Bolstered Paramount+ ‘Would Be Better For Us’
  • Roku Q2 Profit Jumps 1,464% With Fox Acquisition Looming

    The streaming hardware maker did not host an earnings call or provide an updated financial outlook due to the pending $22 billion deal

    By

    Lucas Manfredi
    August 6, 2026 @ 1:38 PM

    Pro Available to WrapPRO members

    Business
    1:38 PM
    Roku Q2 Profit Jumps 1,464% With Fox Acquisition Looming

    Pro Available to WrapPRO members

  • Lionsgate Still in Red Despite 48% Revenue Growth From ‘Michael’

    Segment profit for the studio’s film division rose to a second quarter record $105 million thanks to the Antoine Fuqua biopic

    By

    Jeremy Fuster
    August 6, 2026 @ 1:28 PM
    Business
    1:28 PM
    Lionsgate Still in Red Despite 48% Revenue Growth From ‘Michael’
  • ‘Jurassic World’ Sequel Loses Director Gareth Edwards Over Creative Differences

    The “Rogue One” filmmaker directed 2025’s reboot “Jurassic World Rebirth”

    By

    Umberto Gonzalez
    August 6, 2026 @ 1:06 PM
    Business
    1:06 PM
    ‘Jurassic World’ Sequel Loses Director Gareth Edwards Over Creative Differences
  • Vue Cinemas CEO Joins Growing List of Theater Execs Supporting Paramount-Warner Merger

    Founder and CEO Tim Richards joins AMC and Regal in supporting Paramount’s acquisition after U.K.’s antitrust division approval

    By

    Casey Loving
    August 6, 2026 @ 1:01 PM
    Business
    1:01 PM
    Vue Cinemas CEO Joins Growing List of Theater Execs Supporting Paramount-Warner Merger
  • FCC Votes to Repeal National Broadcast Ownership Cap

    The decision comes as the $6.2 billion Nexstar-Tegna merger remains stuck in legal limbo

    By

    Kayla Cobb and Lucas Manfredi
    August 6, 2026 @ 8:25 AM
    TV
    8:25 AM
    FCC Votes to Repeal National Broadcast Ownership Cap
  • Paramount-Warner Bros. Merger Cleared by UK Competition and Markets Authority

    UK Culture Secretary Lisa Nandy also won’t intervene in the $110 billion deal after the David Ellison-led media giant agreed to conditions

    By

    Lucas Manfredi
    August 6, 2026 @ 4:33 AM
    Business
    4:33 AM
    Paramount-Warner Bros. Merger Cleared by UK Competition and Markets Authority
  • Warner Bros. Discovery’s Streaming Gains Overshadowed by Linear TV and Studio Struggles, Paramount Merger Limbo

    CEO David Zaslav says the media giant has “every expectation” the $110 billion deal will close

    By

    Lucas Manfredi
    August 6, 2026 @ 4:05 AM

    Pro Available to WrapPRO members

    Business
    4:05 AM
    Warner Bros. Discovery’s Streaming Gains Overshadowed by Linear TV and Studio Struggles, Paramount Merger Limbo

    Pro Available to WrapPRO members

  • Versant’s CNBC, MS NOW Digital Push Takes Shape as Linear TV Declines

    The streaming push comes as the Comcast spinoff reported mixed financial results but a higher 2026 forecast

    By

    A.J. Katz
    August 6, 2026 @ 4:04 AM

    Pro Available to WrapPRO members

    TV
    4:04 AM
    Versant’s CNBC, MS NOW Digital Push Takes Shape as Linear TV Declines

    Pro Available to WrapPRO members

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