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Netflix Is the Streamer Best Positioned to Raise Prices Without Risking Subscriber Exodus | Charts
The streamer has a higher demand for its total catalog compared to others, and is still a relative bargain
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WrapPRO
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How George Lucas’ ‘Star Wars’ Prequels Unexpectedly Saw the Future
As “Revenge of the Sith” hits 20, its much-derided emphasis on trade wars and the mechanics of a crumbling republic might deserve an apology today
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The Media Front
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Charter Loses 181,000 Pay TV Customers in First Quarter of 2025
This is an improvement compared to the 405,000 pay TV customers the company lost in the first quarter of 2024
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TV
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LA Tourism Faces a Summer Slump as Trump Policies and Wildfires Leave Travelers Skittish
Hollywood and the surrounding attractions hope they still have the allure to convince tourists to come, as economic uncertainties put a damper on travel plans
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Business
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‘The Last of Us’ Season 2 Takes No. 1 on the Streaming Top 10, While ‘White Lotus’ and ‘The Pitt’ Show Longevity
Max’s trio of acclaimed series holds strong on the weekly charts
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‘Sinners’ Needs a Long Box Office Run, and It’s Going to Get It
After strong weekday numbers, Ryan Coogler’s hit horror film is headed for a $35 million-plus second weekend
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Movies
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Alphabet Profit Soars 46% in First Quarter to $34.5 Billion, Helped by AI-Assisted Search, YouTube Ads
The video platform’s ad revenue grew 10% year-over-year
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Tech
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‘Yellowjackets’ Season 3 Finale Scores 3 Million Global Viewers, Up 19% From Season 2
The survival thriller is now the second most-streamed Showtime original ever behind “Dexter: Original Sin”
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Bunim/Murray CEO Says Hollywood’s Contraction Changed the Pitch for Reality TV
Office With a View: Julie Pizzi also tells TheWrap about keeping franchises like “The Challenge” going, inheriting “Below Deck” and “Vanderpump Villa” Season 2
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TV
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Letter to Shari Redstone: You’re Conflating the Antisemitism Fight With Press Freedom, and You Will Lose Both
If Redstone is not careful, her efforts will backfire and undermine the credibility of her CBS News division
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Waxword
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TV Finale Ratings: ‘Matlock,’ ‘Severance’ and ‘Abbott Elementary’ Finish Strong
Plus, “The Pitt” makes its Nielsen streaming chart debut, and “Black Mirror” Season 7 grows in its second week on Netflix
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Inside The Ratings
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Comcast Revenue Slips to $29.9 Billion in First Quarter on Continued Broadband, Pay TV Subscriber Losses
Comcast’s theme parks business saw revenue tumble 5% to $1.9 billion in the first quarter, on lower attendance and impact from the L.A. wildfires
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WrapPRO
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CBS News in Turmoil Over ‘Perfect Storm’ of ‘60 Minutes’ and Redstone Pressure to Settle With Trump
Paramount’s pending Skydance merger and Trump’s “60 Minutes” lawsuit have created turmoil at a news division that’s already weathered plenty of changes
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Media
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‘Mission: Impossible – The Final Reckoning’ Joins Top 10 Titles Consumers Are Most Excited About
ScreenShare: A data partnership between ScreenEngine/ASI & TheWrap
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WrapPRO
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Imax Revenue Jumps 10% to $87 Million in First Quarter on Record Success of ‘Ne Zha 2’
Fifty-five percent of the premium format’s $298 million box office gross came from the record-smashing Chinese animated film
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Business
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