Business
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Warner Bros. Discovery Remains ‘Very Open’ to Paramount Deal Despite 8th Rejection, Board Chair Says
Samuel Di Piazza Jr. pushed back against criticism the media giant is shifting the goal posts after rejecting David Ellison’s revised $108.4 billion offer, arguing “nothing is further from the truth”
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Deadline Names Nellie Andreeva Sole Editor in Chief as Mike Fleming Jr. Steps Back
The two have been co-editors in chief since 2013
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Cinema United Warns Warner Bros. Sale Would Have ‘Irreversible Negative Impact’ on Movie Theaters
The exhibition trade organization outlines the dangers of a sale to either Netflix or Paramount in a statement to the House Judiciary Subcommittee on regulatory issues
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Semafor Raises $30 Million at $330 Million Valuation After First Profitable Year
The company aims to expand its live events and hire more journalists, CEO Justin Smith says
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Spotify Expands Partner Program as Video Podcast Consumption Nearly Doubles
Several podcasters, including Chris Williamson and Bella Fiori, say they earn two to three times more revenue on Spotify than through YouTube monetization
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Warner Bros. Discovery Rejects Paramount’s Amended $30 Per Share Bid Over ‘Insufficient Value’ and ‘Lack of Certainty’
The board says the revised $108.4 billion bid continues to offer “significant costs, risks and uncertainties” compared to its $83 billion deal with Netflix
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‘Stranger Things 5’ Nabs 31.5 Million Views With Finale Drop, Becomes 9th Most-Watched Netflix Series Ever
The two-hour finale boosted Netflix to its highest viewed New Year’s Day
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TV
Available to WrapPRO members
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Tracee Ellis Ross Signs Multiyear Development Deal With Fox Entertainment
The first-look overall deal includes scripted and unscripted projects in partnership with her production company Joy Mill Entertainment
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Milan Cortina 2026 Olympic Winter Games Sell Out Ad Inventory at NBCUniversal
The media giant has also sold out ad inventory for Super Bowl LX and the NBA All-Star Game
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Erik Ellner Named Warner Bros. Motion Picture Group Head of Business Affairs
The former MGM executive is elevated to the post recently vacated by Steve Spira
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Mary J. Blige Extends 3-Picture Deal With Lifetime, First Film ‘Be Happy’ Set for February
Gabourey Sidibe is set to make her TV directorial debut with Tisha Campbell, Mekhi Phifer and Russell Hornsby starring
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The Reset: Is Hollywood Ready for 2026’s Predictions Plunge?
The studios once knocked a proposal for box office futures trading. How will they treat the fast-expanding predictions markets — as a tool or bad for business?
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Business
Available to WrapPRO members
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Telemundo Taps Former Univision Studios Exec Adrian Santucho as Unscripted Content SVP
The executive will lead production and development of programming for the company’s linear and streaming platforms
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Adam Schweitzer Joins WME as Senior Partner, Brings Cillian Murphy, Rebecca Ferguson and Others
“WME has built an incredible culture alongside a business that encourages collaboration and is best suited to support talent in today’s market,” the veteran agent says
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Kevin Hart Partners With Authentic Brands Group to License Namesake Brand
The actor and entrepreneur will also become a shareholder in the company, which spans over 50 brands and nearly 1 billion social media followers
