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Industry News

Business

  • Our 7 Burning Questions for Netflix’s Big Earnings Report

    The streaming giant will need to address concerns about its engagement problem as well as its recent leadership shakeup

    By

    Roger Cheng
    October 19, 2026 @ 2:52 PM

    Pro Available to WrapPRO members

    Business
    2:52 PM
    Our 7 Burning Questions for Netflix’s Big Earnings Report

    Pro Available to WrapPRO members

  • How SAG-AFTRA Is Dragging Hollywood Into the Vertical Microdrama Boom

    A year after the union struck an agreement to cover verticals, it has signed dozens of productions and anticipates growth in the space ahead

    By

    Tess Patton
    October 19, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    TV
    6:00 AM
    How SAG-AFTRA Is Dragging Hollywood Into the Vertical Microdrama Boom

    Pro Available to WrapPRO members

  • Hello Sunshine, Goodbye Cash

    The Ledger: When seasoned Hollywood operators take a 90+% hit on a startup headed by an A-list star, the industry takes notice

    By

    Jon Lafayette
    October 16, 2026 @ 2:27 PM

    Pro Available to WrapPRO members

    Business
    2:27 PM
    Hello Sunshine, Goodbye Cash

    Pro Available to WrapPRO members

  • With De Luca and Abdy Gone, Where Will Hollywood’s Next Big Swings Come From?

    Some worked, some didn’t, but the Warner Bros. chiefs never wavered from taking big risks. That might not happen often going forward

    By

    Jeremy Fuster
    October 16, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    Movies
    6:15 AM
    With De Luca and Abdy Gone, Where Will Hollywood’s Next Big Swings Come From?

    Pro Available to WrapPRO members

  • Bajaria Out, Rice In: Netflix’s Content Chief Change Signals Back-to-Basics Shift for Film and TV | Analysis

    With sagging engagement and Skydance mounting its challenge, Netflix is turning to the former head of Fox Searchlight to right the ship

    By

    Jeremy Fuster
    October 16, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Movies
    6:00 AM
    Bajaria Out, Rice In: Netflix’s Content Chief Change Signals Back-to-Basics Shift for Film and TV | Analysis

    Pro Available to WrapPRO members

  • Jeff Shell to Launch Linear TV-Focused Investment Vehicle

    The new venture, which would be backed by RedBird Capital Partners, is eyeing a launch in the first or second quarter of 2027

    By

    Lucas Manfredi
    October 15, 2026 @ 3:02 PM
    Business
    3:02 PM
    Jeff Shell to Launch Linear TV-Focused Investment Vehicle
  • Netflix Chief Content Officer Bela Bajaria Out, to be Replaced by Peter Rice

    The exec change comes as Netflix has laid off 1,000 employees and is planning major structural changes

    By

    Jeremy Fuster
    October 15, 2026 @ 2:39 PM
    Business
    2:39 PM
    Netflix Chief Content Officer Bela Bajaria Out, to be Replaced by Peter Rice
  • CAA, WME and UTA Team With Ron Howard and Jason Blum to Push for Indie Productions

    The American Entertainment Alliance wants legislation to make U.S. entertainment companies put half of their content budgets towards independent projects

    By

    Drew Taylor
    October 15, 2026 @ 8:44 AM
    Industry Trends
    8:44 AM
    CAA, WME and UTA Team With Ron Howard and Jason Blum to Push for Indie Productions
  • British Government ‘Minded to Intervene’ in Sky’s $2.1 Billion ITV Takeover

    UK Secretary of Culture, Media and Sport Lisa Nandy has given the companies until Oct. 20 to address her concerns

    By

    Lucas Manfredi
    October 15, 2026 @ 8:11 AM
    Deals & M&A
    8:11 AM
    British Government ‘Minded to Intervene’ in Sky’s $2.1 Billion ITV Takeover
  • Are Netflix’s Layoffs Enough to Quiet Wall Street Concerns? | Analysis

    The cuts help tighten up the streamer’s cost structure, but engagement and growth remain concerns for investors

    By

    Roger Cheng
    October 15, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Business
    6:00 AM
    Are Netflix’s Layoffs Enough to Quiet Wall Street Concerns? | Analysis

    Pro Available to WrapPRO members

  • From $900 Million to Rock Bottom: How Reese Witherspoon’s Hello Sunshine Cratered After Candle Media’s Big Bet | Analysis

    Kevin Mayer and Tom Staggs wagered that the actress and producer’s star power could drive new revenue streams. It didn’t work out 

    By

    Lucas Manfredi and Sharon Waxman
    October 14, 2026 @ 3:43 PM

    Pro Available to WrapPRO members

    Deals & M&A
    3:43 PM
    From $900 Million to Rock Bottom: How Reese Witherspoon’s Hello Sunshine Cratered After Candle Media’s Big Bet | Analysis

    Pro Available to WrapPRO members

  • Fox’s $22 Billion Roku Acquisition Secures Shareholder Approval

    The deal remains on track to close in the first half of 2027, subject to regulatory approval

    By

    Lucas Manfredi
    October 14, 2026 @ 12:29 PM
    Deals & M&A
    12:29 PM
    Fox’s $22 Billion Roku Acquisition Secures Shareholder Approval
  • Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors

    If all of the warrants were exercised at the initial $12 exercise price, it would raise $5.65 billion for the company

    By

    Lucas Manfredi
    October 14, 2026 @ 11:25 AM
    Business
    11:25 AM
    Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors
  • Netflix Layoffs: TV Execs Lisa Lang McMullen, Andrew McQuinn and Carolina Garcia Among Cuts

    The streaming giant cuts 1,000 jobs amid lagging engagement

    By

    Jose Alejandro Bastidas
    October 14, 2026 @ 11:01 AM
    Business
    11:01 AM
    Netflix Layoffs: TV Execs Lisa Lang McMullen, Andrew McQuinn and Carolina Garcia Among Cuts
  • Netflix Lays Off 1,000 Employees as Company Cuts 6% of Staff

    The largest cuts since 2022 come as the streaming giant has struggled with slowed growth

    By

    Adam Chitwood
    October 14, 2026 @ 6:36 AM
    Business
    6:36 AM
    Netflix Lays Off 1,000 Employees as Company Cuts 6% of Staff
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