Business
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Netflix Updates Mobile App With Vertical Video Feed to Watch and Share Clips
The streamer’s new Clips feature will expand to include podcasts, live programming and themed collections at a later date
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Summer 2026 Box Office Could Top $4.2 Billion — Here’s What Will Hit and What May Miss
Exhibitors will need to exercise some patience with many of the heavy hitters not coming out for several weeks
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Box Office
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Warner Bros. Discovery CEO David Zaslav’s Pay Tripled in 2025 to $165 Million
The executive’s pay package included $110 million tied to his scrapped plan to split WBD into two companies
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Alex Jones Claims ‘Massive Victory’ as Court Pauses The Onion’s Infowars Takeover | Video
“[This] just warms my heart and still gives me faith in America and our legal system,” the Infowars founder adds
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Tony Dokoupil’s ‘CBS Evening News’ Era Keeps Hemorrhaging Viewers to Record Lows | Chart
The show has fallen below 4 million viewers throughout most of April
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TV
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Amazon Braces for AI to ‘Radically Change’ Internal Operations After Laying Off 16,000 Workers
CFO Brian Olsavsky also boasts Prime Video has grown into a “larger and profitable business in its own right”
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Business
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YouTube Subscriptions Are Growing Faster Than Ad Revenue
Alphabet now has over 350 million paid subscriptions, led by YouTube and Google One
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Business
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Meta Needs to Play Catch-Up With Creators. It’s Betting on a Boost From AI
The tech giant is rolling out affiliate partnerships for creators on Facebook, allowing creators to earn a commission on product links years after competitors
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Business
Available to WrapPRO members
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National Association of Broadcasters Lambasts FCC’s Move Against ABC Amid Kimmel Trump Controversy
“Broadcast stations already face intense challenges as they work to deliver trusted journalism, lifesaving emergency services, community programming and election coverage,” the advocacy group says
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Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks
The moves come after Bill Ackman’s Pershing Square submitted a $64.4 billion takeover bid for the company
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Ted Cruz Slams FCC’s Action Against ABC Amid Kimmel Controversy: ‘Not Government’s Job to Censor Speech’
The Texas Senator’s comments come as the agency has requested that Disney file for an early license renewal of ABC’s eight local broadcast stations
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Seth Meyers Hesitates to Start Next Joke in Monologue Just to Look at Photo of Trump’s Hand Longer | Video
“Sorry, I just know when I start the next joke, the picture changes,” the NBC host says
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How Letterboxd Created a Haven for Unreleased Films
Four more films fighting for distribution are being added to the rental service Letterboxd Video Store
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Movies
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Peacock in a Pickle: As the Streamer Lags Behind, What Happens Next? | Analysis
Experts tell TheWrap the NBCUniversal-owned streamer needs to take bigger swings to differentiate itself
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Streaming
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David Ellison Attends Trump-Hosted State Dinner for King Charles III
The Paramount Skydance CEO’s presence at the White House event comes a day after his company asked the FCC to approve Middle East investment in the Warner Bros. merger
