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Industry News

Business

  • Taye Diggs’ Microhouse Films Platform Launches With 7 Original Microseries | Exclusive

    By

    Tess Patton
    July 6, 2026 @ 1:00 PM
    TV
    1:00 PM
    Taye Diggs’ Microhouse Films Platform Launches With 7 Original Microseries | Exclusive
  • Microsoft Cuts 4,800 Jobs, Vows They ‘Are Not Being Replaced by AI’

    The layoffs will impact about 2.1% of the company’s global workforce, mainly within the Xbox and commercial teams

    By

    Andi Ortiz
    July 6, 2026 @ 7:45 AM
    Business
    7:45 AM
    Microsoft Cuts 4,800 Jobs, Vows They ‘Are Not Being Replaced by AI’
  • Versant to Acquire Golf Simulation Tech Company Full Swing for $530 Million

    The deal is expected to close in the second half of 2026

    By

    Lucas Manfredi
    July 6, 2026 @ 6:56 AM
    Deals & M&A
    6:56 AM
    Versant to Acquire Golf Simulation Tech Company Full Swing for $530 Million
  • George Clooney to Receive Lifetime Achievement Award at Venice Film Festival

    The actor and filmmaker will pick up a special Golden Lion at the 83rd festival in September

    By

    Missy Schwartz
    July 6, 2026 @ 6:51 AM
    Awards
    6:51 AM
    George Clooney to Receive Lifetime Achievement Award at Venice Film Festival
  • Comcast’s Sky to Buy ITV’s Media & Entertainment Unit in $2.1 Billion Deal

    ITV’s linear channels and ITVX streaming platform will remain free-to-air, while Sky News and ITV News will stay editorially distinct

    By

    JD Knapp and Lucas Manfredi
    July 6, 2026 @ 5:39 AM
    Deals & M&A
    5:39 AM
    Comcast’s Sky to Buy ITV’s Media & Entertainment Unit in $2.1 Billion Deal
  • Over a Third of Viewers Have Canceled Subscriptions Due to Frustrating App Experience, Survey Finds | Exclusive

    72% of users experience at least one problem that leaves them “extremely frustrated” and 80% experience one problem that happens “all the time”

    By

    Lucas Manfredi
    July 6, 2026 @ 5:00 AM
    Business
    5:00 AM
    Over a Third of Viewers Have Canceled Subscriptions Due to Frustrating App Experience, Survey Finds | Exclusive
  • The Ledger: Shamrock Capital on Why Media Is a Compelling Bet After Comcast-NBCUniversal Split

    Co-president and partner Michael LaSalle weighs in

    By

    Jon Lafayette
    July 4, 2026 @ 12:11 PM

    Pro Available to WrapPRO members

    Business
    12:11 PM
    The Ledger: Shamrock Capital on Why Media Is a Compelling Bet After Comcast-NBCUniversal Split

    Pro Available to WrapPRO members

  • Happy Independence: Why News-Gathering Matters in an Era of Low Trust

    This administration’s assault on journalism is well documented. Less well examined is the broader picture of how our journalistic institutions are being eroded

    By

    Sharon Waxman
    July 4, 2026 @ 7:36 AM

    Pro Available to WrapPRO members

    Business
    7:36 AM
    Happy Independence: Why News-Gathering Matters in an Era of Low Trust

    Pro Available to WrapPRO members

  • Everything New on HBO Max in July 2026

    “Big Bang Theory” gets a new spinoff, and Burning Man gets a four-part docuseries

    By

    Haleigh Foutch
    July 3, 2026 @ 9:00 AM
    Movies
    9:00 AM
    Everything New on HBO Max in July 2026
  • Taylor Swift and Travis Kelce’s Wedding Causes Stir Outside Madison Square Garden | Photos

    Crews wearing “Taylor Swift’s Carpenters” shirts load in sets just hours before the international popstar’s wedding is set to commence at the New York arena

    By

    Tess Patton
    July 2, 2026 @ 4:07 PM
    Culture
    4:07 PM
    Taylor Swift and Travis Kelce’s Wedding Causes Stir Outside Madison Square Garden | Photos
  • Moritz Borman, Veteran Producer of ‘Alexander’ and ‘Wedding Planner,’ Dies at 71

    Over a career spanning more than four decades, Borman produced more than 25 feature films, frequently collaborating with Oliver Stone

    By

    Daren DeFrank and Casey Loving
    July 2, 2026 @ 3:33 PM
    Business
    3:33 PM
    Moritz Borman, Veteran Producer of ‘Alexander’ and ‘Wedding Planner,’ Dies at 71
  • Comic-Con Shocker: Entertainment Weekly Scraps Annual Party | Exclusive

    The Hard Rock Hotel bash has long been one of the hottest tickets in San Diego

    By

    Umberto Gonzalez
    July 2, 2026 @ 12:30 PM
    Business
    12:30 PM
    Comic-Con Shocker: Entertainment Weekly Scraps Annual Party | Exclusive
  • Inside Wonder Project’s Plan to Super Serve the ‘Faith and Values’ Audience

    Office with a View: CEO Kelly Merryman Hoogstraten tells TheWrap about the company’s efforts to build franchises and leverage hybrid filmmaking through its Innovative Dreams division

    By

    Lucas Manfredi
    July 2, 2026 @ 12:00 PM

    Pro Available to WrapPRO members

    Business
    12:00 PM
    Inside Wonder Project’s Plan to Super Serve the ‘Faith and Values’ Audience

    Pro Available to WrapPRO members

  • Film and Sound Recording Industries Shed 3,600 Jobs in June

    Overall, the U.S. economy added a lower than expected 57,000 jobs, per the latest report from the U.S. Bureau of Labor Statistics

    By

    Lucas Manfredi
    July 2, 2026 @ 8:41 AM
    Labor & Unions
    8:41 AM
    Film and Sound Recording Industries Shed 3,600 Jobs in June
  • Weird Al Yankovic Says He Turned Down ‘A Nice Pile of Money’ to Do an AI Ad: ‘I Can’t Be the Poster Boy’

    “I’m not down with that,” the parody musician adds

    By

    Alyssa Ray
    July 1, 2026 @ 9:20 PM
    Business
    9:20 PM
    Weird Al Yankovic Says He Turned Down ‘A Nice Pile of Money’ to Do an AI Ad: ‘I Can’t Be the Poster Boy’
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