Distribution
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Sinclair Won’t Pursue Standalone Separation of Ventures Business But Is Open to Broadcast M&A
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Business
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Skydance’s Ray Hopkins Shakes Up TV and Streaming Distribution Leadership
A total of eight executives from Paramount and Warner Bros. Discovery will exit the company
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UK Culture Secretary Issues Public Interest Intervention Notice in Sky’s $2.1 Billion ITV Takeover
Lisa Nandy says she has “public interest considerations” that “warrant further investigation”
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Roku Q3 Profit, Revenue Soar on Higher Media & Entertainment Ad Spending, Subscription Growth
Shares of the company, which is awaiting acquisition by Fox, were flat in after-hours trading despite the better-than-expected results
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Business
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‘The Hunger Games: Sunrise on the Reaping’ to Screen in 3D Through Lionsgate, Meta Partnership
In addition to its theatrical release, the prequel will also be available on the Mark Zuckerberg-led tech giant’s Meta VR Glasses launching this spring
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Netflix Taps Google’s Darshan Kantak as Ads Platform VP
He will oversee the ad product, engineering and data & insights teams to develop strategic initiatives for the streamer globally
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Gavin Newsom Proposes Expanding California’s Film and TV Tax Credit Program to at Least $1 Billion
He is also urging Congress to pass the Motion Picture, Television and Entertainment Revitalization Act (MPTERA) by the end of the year
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Can Skydance Escape Its $80 Billion Debt Burden?
Experts who spoke to TheWrap are skeptical the David Ellison-led media giant can hit its financial targets without additional action, such as more cost cuts, raising equity or asset sales
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Business
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Netflix’s ‘The Further Mis-Adventures of Cliff Booth’ Won’t Get Imax Release With Regal, Cinemark
The David Fincher-directed film will now only appear on AMC’s Imax screens
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Skydance Finalizes Comms Team With Many Warner Bros. Execs Leaving
Laura Watson, Shannon Buck, Virginia Fout and Deborah Marcus take on leadership roles under CCO Melissa Zukerman
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Prime Video Is ‘Profitable In Its Own Right’ With Revenue Run Rate in ‘Tens of Billions of Dollars,’ Amazon CEO Says
The tech giant’s chief executive also predicted that AWS could become a trillion dollar annual revenue business in the next five to 10 years
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Business
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Starz Looks to Expanded, Curated Content as the Key to Streaming Growth as Net Loss Narrows
The third quarter results were boosted by higher pricing as well as “Power Book III: Raising Kanan,” “Fightland,” “Outlander: Blood of My Blood” Season 2, “S.W.A.T. Exiles” and “Michael”
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Business
Available to WrapPRO members
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Row K on Ice: Owner MCT Freezes Film Distribution After Missed Payroll, Rent Payments | Exclusive
The troubled indie distributor also missed payments on settlement agreements, TheWrap has learned
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Business
Available to WrapPRO members
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Warner Bros. Discovery Ad Chiefs Ryan Gould, Robert Voltaggio to Exit
The pair will remain with Skydance through 2026, working closely with the advertising division’s Chief Revenue Officer Jay Askinasi on the transition
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George Cheeks Cements Skydance TV Leadership Team Across Studios, Networks, Sports and News
The team includes Channing Dungey, Matt Thunell, Amy Reisenbach, David Stapf and more
