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Industry News

Business

  • Entertainment Veteran’s Venture Fund Unveils First AI Bets | Exclusive

    Hallstone Ventures’ initial portfolio includes investments in cinema-grade robots and human authentication tech

    By

    Roger Cheng
    June 5, 2026 @ 9:00 AM
    Business
    9:00 AM
    Entertainment Veteran’s Venture Fund Unveils First AI Bets | Exclusive
  • Microdramas Are Exploding: Here Are 5 Ways People Are Talking About Them

    One: they’re called microseries now

    By

    Tess Patton
    June 5, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    TV
    6:15 AM
    Microdramas Are Exploding: Here Are 5 Ways People Are Talking About Them

    Pro Available to WrapPRO members

  • Disney Launches Main Street, Its First Company-Wide Creative Agency

    Led by Carrie Brzezinski-Hsu, the company’s previous agencies, The Hive and Yellow Shoes, will consolidate under the new venture

    By

    Drew Taylor
    June 4, 2026 @ 4:34 PM
    Business
    4:34 PM
    Disney Launches Main Street, Its First Company-Wide Creative Agency
  • Spike Lee, John Krasinski, Amy Schumer Back NYC Filming in New PSA: ‘It’s So Magical, What Happens When You’re Shooting in New York’

    “I remember there was a time where a lot of stuff would shoot in Toronto, but it’s not New York,” Lee says in the video

    By

    Jacob Bryant
    June 4, 2026 @ 2:12 PM
    Business
    2:12 PM
    Spike Lee, John Krasinski, Amy Schumer Back NYC Filming in New PSA: ‘It’s So Magical, What Happens When You’re Shooting in New York’
  • ‘U.S. Against the World’ Creators Share How a Small Studio Tackled Massive World Cup Doc

    Office With a View: Park Stories founders Rand Getlin and Janina Pelayo tell TheWrap about diving into longform and building trust

    By

    Loree Seitz
    June 4, 2026 @ 11:30 AM

    Pro Available to WrapPRO members

    TV
    11:30 AM
    ‘U.S. Against the World’ Creators Share How a Small Studio Tackled Massive World Cup Doc

    Pro Available to WrapPRO members

  • How Camila Morrone Juggled Romance With a Side of Gore in ‘Something Very Bad Is Going to Happen’

    TheWrap magazine: “A big part of the show is selling that these two people are really in love … until that all turns on its head,” the actress says

    By

    Sonia Rao
    June 4, 2026 @ 11:00 AM
    Awards
    11:00 AM
    How Camila Morrone Juggled Romance With a Side of Gore in ‘Something Very Bad Is Going to Happen’
  • Paramount Slams Lawsuit to Block Warner Bros. Merger: ‘Misguided Attempt to Politicize Antitrust Law’

    The media giant has asked that a California court dismiss the legal action

    By

    Lucas Manfredi
    June 4, 2026 @ 10:32 AM
    Deals & M&A
    10:32 AM
    Paramount Slams Lawsuit to Block Warner Bros. Merger: ‘Misguided Attempt to Politicize Antitrust Law’
  • NFL Commissioner Roger Goodell Declines to Testify Before House Judiciary on Media Rights Deals

    The league cited “ongoing litigation” related to the Sports Broadcasting Act in a letter to committee chairman Jim Jordan

    By

    Lucas Manfredi
    June 4, 2026 @ 8:27 AM
    Sports
    8:27 AM
    NFL Commissioner Roger Goodell Declines to Testify Before House Judiciary on Media Rights Deals
  • Universal Music Group Buys Back $290 Million in Stock From Bill Ackman’s Pershing Square

    The company bought 14,156,285 shares priced at $20.48 apiece

    By

    Lucas Manfredi
    June 4, 2026 @ 8:06 AM
    Business
    8:06 AM
    Universal Music Group Buys Back $290 Million in Stock From Bill Ackman’s Pershing Square
  • How Riz Ahmed Used James Bond to Make ‘Bait,’ His Most Personal Project Yet

    TheWrap magazine: “Life sometimes feels like one big audition,” says Ahmed, who co-wrote, exec-produced and stars in the limited series about an actor grappling with identity and self-doubt

    By

    Steve Pond
    June 4, 2026 @ 6:31 AM
    Awards
    6:31 AM
    How Riz Ahmed Used James Bond to Make ‘Bait,’ His Most Personal Project Yet
  • Bari Weiss Wanted to Modernize ‘60 Minutes.’ Instead, She May Have Killed It | Analysis

    With the blow-up from Scott Pelley’s firing, Weiss continues to squander the storied news program’s biggest asset: public trust

    By

    Roger Cheng
    June 4, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    Business
    6:15 AM
    Bari Weiss Wanted to Modernize ‘60 Minutes.’ Instead, She May Have Killed It | Analysis

    Pro Available to WrapPRO members

  • Nithya Raman Narrows Spencer Pratt’s Lead for Runoff Spot in LA Mayoral Election

    The former reality star now leads the city councilmember by 37,300 votes after first post-election day update

    By

    Jeremy Fuster
    June 3, 2026 @ 4:34 PM
    4:34 PM
    Nithya Raman Narrows Spencer Pratt’s Lead for Runoff Spot in LA Mayoral Election
  • Hasbro Launches AI Studio Sixth Wall for Authorized Character Licensing and Experiences

    It will bring 12 characters, including Optimus Prime, Mr. Potato Head, Megatron, Cobra Commander and the cast of Clue, to ElevenLabs’ Iconic Marketplace

    By

    Lucas Manfredi
    June 3, 2026 @ 1:15 PM
    Business
    1:15 PM
    Hasbro Launches AI Studio Sixth Wall for Authorized Character Licensing and Experiences
  • Bill Ackman’s Pershing Square Looks to Sell UMG Stake After Rejected Takeover Bid | Report

    The firm is looking to sell roughly 80.6 million shares at €17.66 to €18.62 apiece, according to Bloomberg

    By

    Lucas Manfredi
    June 3, 2026 @ 12:20 PM
    Business
    12:20 PM
    Bill Ackman’s Pershing Square Looks to Sell UMG Stake After Rejected Takeover Bid | Report
  • Comcast to Invest Over $6 Billion in Universal’s UK Theme Park

    The project, slated to open in 2031, is expected to create 28,000 jobs and generate nearly $67 billion in local economic benefit by 2055

    By

    Lucas Manfredi
    June 3, 2026 @ 7:33 AM
    Business
    7:33 AM
    Comcast to Invest Over $6 Billion in Universal’s UK Theme Park
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