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Business

  • Director Carl Rinsch Found Guilty of Scamming Netflix Out of $11 Million

    “The Gift” director could face up to 90 years behind bars for wire fraud and money laundering, among other charges

    By

    Tess Patton
    December 11, 2025 @ 11:20 AM
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    11:20 AM
    Director Carl Rinsch Found Guilty of Scamming Netflix Out of $11 Million
  • Ryan Coogler Declined to Join the Academy: ‘It’s Not Out of Animosity’

    When invited to become a member of the Academy of Motion Picture Arts and Sciences in 2016, the “Sinners” director politely said no

    By

    Missy Schwartz
    December 11, 2025 @ 10:26 AM
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    Ryan Coogler Declined to Join the Academy: ‘It’s Not Out of Animosity’
  • Bob Iger Warns Netflix Purchase of Warner Bros. Discovery Gives Streamer ‘Pricing Leverage’

    “We haven’t determined whether we’ll take a position or not,” the Disney CEO tells CNBC as Netflix and Paramount battle it out for control

    By

    Lucas Manfredi
    December 11, 2025 @ 9:11 AM
    Business
    9:11 AM
    Bob Iger Warns Netflix Purchase of Warner Bros. Discovery Gives Streamer ‘Pricing Leverage’
  • SAG-AFTRA President Sean Astin Talks About His Long To-Do List Beyond Warner Bros.

    The new head of the actors union promises that his members will have a voice in Hollywood “no matter whose name is on the water tower”

    By

    Jeremy Fuster
    December 11, 2025 @ 8:00 AM

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    Business
    8:00 AM
    SAG-AFTRA President Sean Astin Talks About His Long To-Do List Beyond Warner Bros.

    Pro Available to WrapPRO members

  • Disney Sends Cease and Desist Letter to Google Alleging Copyright Infringement on ‘Massive Scale’ in Gen AI Results

    The letter argues that the tech giant is leveraging its dominance to “commercially exploit and distribute” infringing images and videos

    By

    Lucas Manfredi
    December 11, 2025 @ 7:55 AM
    Business
    7:55 AM
    Disney Sends Cease and Desist Letter to Google Alleging Copyright Infringement on ‘Massive Scale’ in Gen AI Results
  • Disney to Invest $1 Billion in OpenAI, License Suite of Characters for Sora in Landmark Deal

    The agreement brings characters from Disney, Marvel, Star Wars and Pixar to the generative video platform

    By

    Corbin Bolies
    December 11, 2025 @ 6:15 AM
    Business
    6:15 AM
    Disney to Invest $1 Billion in OpenAI, License Suite of Characters for Sora in Landmark Deal
  • ‘Sinners’: Ryan Coogler, Michael B. Jordan and Cast Hit the Studio With TheWrap | Photos

    TheWrap magazine: The director and star gathered with supporting actors Delroy Lindo, Wunmi Mosaku, Miles Caton and Jayme Lawson

    By

    TheWrap Staff
    December 11, 2025 @ 6:00 AM
    Business
    6:00 AM
    ‘Sinners’: Ryan Coogler, Michael B. Jordan and Cast Hit the Studio With TheWrap | Photos
  • Isla Fisher Pays Heartfelt Tribute to ‘Confessions of a Shopaholic’ Author Sophie Kinsella After Her Death at 55

    “I’m so heartbroken that you are gone,” the actress writes on Instagram

    By

    Daren DeFrank
    December 10, 2025 @ 5:36 PM
    Business
    5:36 PM
    Isla Fisher Pays Heartfelt Tribute to ‘Confessions of a Shopaholic’ Author Sophie Kinsella After Her Death at 55
  • Moody’s Warns Warner Bros. Discovery Could Still Face Credit Downgrade Despite Netflix Deal

    The firm also said Paramount’s hostile takeover bid “comes with significant risk, but makes strategic sense”

    By

    Lucas Manfredi
    December 10, 2025 @ 3:35 PM
    Business
    3:35 PM
    Moody’s Warns Warner Bros. Discovery Could Still Face Credit Downgrade Despite Netflix Deal
  • Versant Taps Rob McGovern as SVP of Ad Sales for Digital Platforms and Ventures | Exclusive

    The former TelevisaUnivision and WarnerMedia exec will oversee partnerships for Fandango, Rotten Tomatoes and more 

    By

    Lucas Manfredi
    December 10, 2025 @ 3:04 PM
    Business
    3:04 PM
    Versant Taps Rob McGovern as SVP of Ad Sales for Digital Platforms and Ventures | Exclusive
  • Megyn Kelly Says She Withdrew Her Podcast From ‘Dog and Pony Show’ Golden Globes: ‘Zero Interest in Their Stupid Awards’ | Video

    “We’re literally one of the top podcasts in the country, but we’re not interested in awards,” the host insists

    By

    Jacob Bryant
    December 10, 2025 @ 2:19 PM
    Business
    2:19 PM
    Megyn Kelly Says She Withdrew Her Podcast From ‘Dog and Pony Show’ Golden Globes: ‘Zero Interest in Their Stupid Awards’ | Video
  • CAA Promotes 6 in Global Touring to Agent and Exec Ranks

    The agency reps touring clients like The Weeknd, Harry Styles, Katy Perry, Dua Lipa, Lady Gaga, Bruce Springsteen and David Guetta

    By

    Umberto Gonzalez
    December 10, 2025 @ 1:49 PM
    Business
    1:49 PM
    CAA Promotes 6 in Global Touring to Agent and Exec Ranks
  • Paramount Takes $30-Per-Share Cash Offer for Warner Bros. Discovery Directly to Shareholders

    David Ellison trashes Netflix and WBD’s “murky” sale process and touts “air-tight financing” in a Wednesday letter

    By

    Lucas Manfredi
    December 10, 2025 @ 1:16 PM
    Business
    1:16 PM
    Paramount Takes $30-Per-Share Cash Offer for Warner Bros. Discovery Directly to Shareholders
  • ‘Stranger Things’ and ‘Wicked’ Hold Off ‘Avatar’ and ‘Zootopia’ as Top Titles Audiences Are Most Excited About | Chart

    ScreenShare: A data partnership between ScreenEngine/ASI & TheWrap

    By

    ScreenShare
    December 10, 2025 @ 1:06 PM

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    1:06 PM
    ‘Stranger Things’ and ‘Wicked’ Hold Off ‘Avatar’ and ‘Zootopia’ as Top Titles Audiences Are Most Excited About | Chart

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  • Warner Bros. Shareholders Are Betting Paramount Will Make a Higher Bid

    David Ellison met with shareholders Tuesday and has previously said his all-cash $30-per-share offer is not his “best and final”

    By

    Lucas Manfredi
    December 10, 2025 @ 11:40 AM
    Business
    11:40 AM
    Warner Bros. Shareholders Are Betting Paramount Will Make a Higher Bid
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