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Industry News

Business

  • Dwayne Johnson to Continue Dramatic Run as Stunt Man With Dementia in ‘Free Byrd’

    “Sing Sing” filmmaker Greg Kwedar will direct the feature for Artists Equity co-produced by Gil Netter

    By

    Umberto Gonzalez
    July 7, 2026 @ 11:06 AM
    Movies
    11:06 AM
    Dwayne Johnson to Continue Dramatic Run as Stunt Man With Dementia in ‘Free Byrd’
  • Mariska Hargitay to Host 2026 Emmys

    The Emmy-winning “Law & Order: SVU” star will emcee the 78th awards on Sept. 14

    By

    Missy Schwartz
    July 7, 2026 @ 10:00 AM
    Awards
    10:00 AM
    Mariska Hargitay to Host 2026 Emmys
  • WME Group Promotes Marie Sheehy to EVP, Corporate Communications Head

    The exec will oversee communications strategy for the entire company, including the WME talent agency, IMG Licensing and Pantheon Media Group

    By

    Lucas Manfredi
    July 7, 2026 @ 10:00 AM
    Business
    10:00 AM
    WME Group Promotes Marie Sheehy to EVP, Corporate Communications Head
  • James Murdoch’s $300 Million Vox and New York Magazine Deal Gets the Greenlight From FTC

    The regulator issued an early termination notice in its review of Lupa Systems’ purchase of roughly half of the digital media company’s brands

    By

    Lucas Manfredi
    July 7, 2026 @ 9:50 AM
    Business
    9:50 AM
    James Murdoch’s $300 Million Vox and New York Magazine Deal Gets the Greenlight From FTC
  • Disney’s ‘Hexed,’ DreamWorks’ ‘Donkey’ Among Latest Recipients of California Film Tax Credit

    Over 40 new projects, including 35 independent titles, complete the first full year of California’s expanded incentive program

    By

    Jeremy Fuster
    July 7, 2026 @ 8:00 AM
    Movies
    8:00 AM
    Disney’s ‘Hexed,’ DreamWorks’ ‘Donkey’ Among Latest Recipients of California Film Tax Credit
  • Paramount+ Sets July Premiere for ‘Avatar Aang: The Last Airbender’ After Dropping Theatrical Plans

    The streamer also gives a first look at the movie with a new trailer

    By

    Umberto Gonzalez
    July 7, 2026 @ 8:00 AM
    Movies
    8:00 AM
    Paramount+ Sets July Premiere for ‘Avatar Aang: The Last Airbender’ After Dropping Theatrical Plans
  • Why Netflix Is Suffering From a Perpetual Sophomore Slump | Analysis

    Long season breaks, increased competition and confusing release schedules have led to shows seeing big ratings declines between seasons. But does Netflix care?

    By

    Kayla Cobb and Loree Seitz
    July 7, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    TV
    6:00 AM
    Why Netflix Is Suffering From a Perpetual Sophomore Slump | Analysis

    Pro Available to WrapPRO members

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

    The vertical storytelling platform will feature content from BET producer La Jill Hunt and the Entin brothers, while allowing independent creators to self-distribute on the app

    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

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