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Industry News

Business

  • AMC Global Media Ups Its 2026 Outlook After ‘Walking Dead’ Deal Despite ‘Lumpy’ Quarter

    The declining cable environment contributed to a 9% revenue drop as streaming revenue for AMC+ rose 6%

    By

    Kayla Cobb
    July 30, 2026 @ 4:17 AM

    Pro Available to WrapPRO members

    Business
    4:17 AM
    AMC Global Media Ups Its 2026 Outlook After ‘Walking Dead’ Deal Despite ‘Lumpy’ Quarter

    Pro Available to WrapPRO members

  • Cinemark Crosses $1 Billion in Revenue for First Time Amidst Flurry of Box Office Hits

    Surprise smashes like “Obsession” boosted the theater chain’s bottom line more than guaranteed hits like “Michael”

    By

    Jeremy Fuster
    July 30, 2026 @ 4:07 AM

    Pro Available to WrapPRO members

    Business
    4:07 AM
    Cinemark Crosses $1 Billion in Revenue for First Time Amidst Flurry of Box Office Hits

    Pro Available to WrapPRO members

  • ‘The Final Girl Support Group’ Adaptation in the Works at Paramount

    Christopher Landon will write the script and direct

    By

    Umberto Gonzalez
    July 29, 2026 @ 3:13 PM
    Movies
    3:13 PM
    ‘The Final Girl Support Group’ Adaptation in the Works at Paramount
  • Investors Are Getting Fed Up With Meta’s Pricey AI Bet

    The tech company’s stock price fell as much as 12% during the second quarter earnings call even as revenue topped expectations

    By

    Tess Patton
    July 29, 2026 @ 1:14 PM

    Pro Available to WrapPRO members

    Business
    1:14 PM
    Investors Are Getting Fed Up With Meta’s Pricey AI Bet

    Pro Available to WrapPRO members

  • ‘The Conjuring: First Communion’ Rounds Out Cast With Charles Parnell, Marta Kessler and Caleb Dolden | Exclusive

    The prequel for the characters popularized by Patrick Wilson and Vera Farmiga arrives next fall

    By

    Umberto Gonzalez
    July 29, 2026 @ 10:30 AM
    Movies
    10:30 AM
    ‘The Conjuring: First Communion’ Rounds Out Cast With Charles Parnell, Marta Kessler and Caleb Dolden | Exclusive
  • Starz, Crunchyroll Launch $16.99 Per Month Bundle Through Prime Video

    The offering, which provides savings of more than 23%, includes a mix of premium action, anime, thrillers, female-driven dramas, sci-fi and adventure programming

    By

    Lucas Manfredi
    July 29, 2026 @ 8:00 AM
    Streaming
    8:00 AM
    Starz, Crunchyroll Launch $16.99 Per Month Bundle Through Prime Video
  • Can a Copyright Risk Detector for AI-Created Media Protect Artists and Studios? | Exclusive

    Startup CopySight is pushing a credit score-like system that it wants to make an industry standard

    By

    Roger Cheng
    July 29, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    Tech
    6:15 AM
    Can a Copyright Risk Detector for AI-Created Media Protect Artists and Studios? | Exclusive

    Pro Available to WrapPRO members

  • HFPA Sues Penske Over ‘Fraudulent’ Golden Globes Takeover, Shaking Up Awards Landscape

    The lawsuit alleges that Penske Media manipulated the sale and deceived Globes voters, bringing a major award into open conflict with its own voters

    By

    A.J. Katz and Steve Pond
    July 29, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Awards
    6:00 AM
    HFPA Sues Penske Over ‘Fraudulent’ Golden Globes Takeover, Shaking Up Awards Landscape

    Pro Available to WrapPRO members

  • People Incorporated Eyes Sale of The Daily Beast

    The move comes after the outlet returned to profitability

    By

    Alyssa Ray
    July 28, 2026 @ 7:04 PM
    Business
    7:04 PM
    People Incorporated Eyes Sale of The Daily Beast
  • ‘Jumanji: Open World’: The Virtual Becomes Reality in New Trailer

    The avatars played by Dwayne Johnson, Jack Black, Kevin Hart and Karen Gillan come to Earth this Christmas

    By

    Jeremy Fuster
    July 28, 2026 @ 6:05 PM
    Business
    6:05 PM
    ‘Jumanji: Open World’: The Virtual Becomes Reality in New Trailer
  • Casey Wasserman’s The Team to Sell Full Ownership to Providence Equity

    The major investor already owns about 60% of the agency

    By

    Alyssa Ray and Lucas Manfredi
    July 28, 2026 @ 5:53 PM
    Business
    5:53 PM
    Casey Wasserman’s The Team to Sell Full Ownership to Providence Equity
  • Lionsgate Increases CEO Jon Feltheimer’s Pay to $19.4 Million for 2026

    The increase comes after multiple TV renewals and hit films like “The Housemaid” and “Michael”

    By

    Jeremy Fuster
    July 28, 2026 @ 5:21 PM
    Business
    5:21 PM
    Lionsgate Increases CEO Jon Feltheimer’s Pay to $19.4 Million for 2026
  • Ari Emanuel Urges State AGs to Drop Paramount-Warner Bros. Merger Lawsuit

    The WME Group executive chairman says ignoring competition in the streaming market and players like Amazon, A24, Lionsgate, Netflix and YouTube “doesn’t remotely reflect reality”

    By

    Lucas Manfredi
    July 28, 2026 @ 3:44 PM
    Deals & M&A
    3:44 PM
    Ari Emanuel Urges State AGs to Drop Paramount-Warner Bros. Merger Lawsuit
  • Mike Flanagan in Talks to EP Henry Cavill’s ‘Warhammer 40,000’ Amazon Series

    This would be the second series from Flanagan with Amazon MGM Studios since signing his exclusive overall deal in March

    By

    Tess Patton
    July 28, 2026 @ 12:30 PM
    TV Shows
    12:30 PM
    Mike Flanagan in Talks to EP Henry Cavill’s ‘Warhammer 40,000’ Amazon Series
  • Bloomberg Responds to Potential IPO Reports, Says Founder Has ‘No Plans to Sell’

    The company issues a statement after reports of preliminary talks with investment bankers

    By

    A.J. Katz
    July 28, 2026 @ 12:21 PM
    Business
    12:21 PM
    Bloomberg Responds to Potential IPO Reports, Says Founder Has ‘No Plans to Sell’
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