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Industry News

Business

  • Paramount’s Bid for Warner Bros. Discovery May Face Impossible Odds as Board Rejects Hostile Offer

    WBD’s rejection comes a day after Trump slammed the Ellisons, raising questions about their relationship with the White House

    By

    Lucas Manfredi
    December 17, 2025 @ 6:00 AM

    Pro Available to WrapPRO members

    Business
    6:00 AM
    Paramount’s Bid for Warner Bros. Discovery May Face Impossible Odds as Board Rejects Hostile Offer

    Pro Available to WrapPRO members

  • Netflix Touts ‘Superior’ $83 Billion Warner Bros. Deal to Shareholders After Paramount Rejection

    The streamer also claimed its deal has “overwhelming” support from U.S. consumers, sharing a new survey

    By

    Lucas Manfredi
    December 17, 2025 @ 5:19 AM
    Business
    5:19 AM
    Netflix Touts ‘Superior’ $83 Billion Warner Bros. Deal to Shareholders After Paramount Rejection
  • Warner Bros. Discovery Board Rejects Paramount’s ‘Inadequate’ and ‘Illusory’ $108.4 Billion Cash Bid

    The move comes as David Ellison has already taken the offer directly to the media giant’s shareholders

    By

    Lucas Manfredi
    December 17, 2025 @ 4:03 AM
    Business
    4:03 AM
    Warner Bros. Discovery Board Rejects Paramount’s ‘Inadequate’ and ‘Illusory’ $108.4 Billion Cash Bid
  • Billy Crystal, Albert Brooks and More Remember Rob and Michele Reiner in a Poignant Joint Statement: ‘We Will Miss Them Forever’

    “They were a special force together-dynamic, unselfish and inspiring,” the late couple’s celebrity friends write

    By

    Alyssa Ray
    December 16, 2025 @ 7:04 PM
    Business
    7:04 PM
    Billy Crystal, Albert Brooks and More Remember Rob and Michele Reiner in a Poignant Joint Statement: ‘We Will Miss Them Forever’
  • E.W. Scripps Board Unanimously Rejects Sinclair’s $622 Million Takeover Bid

    The proposed deal would have given Scripps investors about 12.7% of the combined company

    By

    Tess Patton
    December 16, 2025 @ 4:00 PM
    Business
    4:00 PM
    E.W. Scripps Board Unanimously Rejects Sinclair’s $622 Million Takeover Bid
  • CAA Raises $315,000 for Youth and Community Programs With Global Young Party Initiative | Exclusive

    The annual fundraisers pushed the foundation’s cumulative fundraising total past $5.6 million since its launch in 2002

    By

    Benjamin Lindsay
    December 16, 2025 @ 3:50 PM
    Business
    3:50 PM
    CAA Raises $315,000 for Youth and Community Programs With Global Young Party Initiative | Exclusive
  • Stephen Colbert Auctions $57,050 and Counting of ‘Late Show’ Goods Ahead of May Finale

    “It’s perfect if you love ‘The Late Show,’” Paul Rudd says in a skit. “Or if you hate it, and you just want to watch Stephen cry and lose his job.”

    By

    Jacob Bryant
    December 16, 2025 @ 3:13 PM
    Business
    3:13 PM
    Stephen Colbert Auctions $57,050 and Counting of ‘Late Show’ Goods Ahead of May Finale
  • Jared Kushner’s Affinity Partners Backs Out of Paramount’s Warner Bros. Discovery Bid

    Kushner’s involvement ended after Trump criticized the Ellisons, who own Paramount

    By

    Lucas Manfredi
    December 16, 2025 @ 1:35 PM
    Business
    1:35 PM
    Jared Kushner’s Affinity Partners Backs Out of Paramount’s Warner Bros. Discovery Bid
  • Stacey Snider Joins FilmNation Entertainment as Chief Creative Officer

    “Her unparalleled track record speaks for itself,” FilmNation CEO Glen Basner says 

    By

    Umberto Gonzalez
    December 16, 2025 @ 12:31 PM
    Business
    12:31 PM
    Stacey Snider Joins FilmNation Entertainment as Chief Creative Officer
  • ‘Wake Up Dead Man’ Debuts as Top Netflix Movie of the Week With 20.2 Million Views

    Diddy docuseries “Sean Combs: The Reckoning” was the No. 2 TV show, behind Rowan Atkinson’s “Man vs. Baby”

    By

    Loree Seitz
    December 16, 2025 @ 12:00 PM

    Pro Available to WrapPRO members

    Business
    12:00 PM
    ‘Wake Up Dead Man’ Debuts as Top Netflix Movie of the Week With 20.2 Million Views

    Pro Available to WrapPRO members

  • Fox News Panel Shames Trump for ‘Trolling’ Rob Reiner’s Murder: ‘Well Beneath Him and Beneath the Office’ | Video

    “It would have been better if the president had made no comment,” Fox’s Howard Kurtz shares

    By

    Raquel Calhoun
    December 16, 2025 @ 10:52 AM
    Business
    10:52 AM
    Fox News Panel Shames Trump for ‘Trolling’ Rob Reiner’s Murder: ‘Well Beneath Him and Beneath the Office’ | Video
  • The Reset: Private Equity Rises With the Warner Bros. Discovery Tide

    WBD’s bidding war is emboldening private equity for bigger deals in 2026

    By

    Tom Lowry
    December 16, 2025 @ 10:00 AM

    Pro Available to WrapPRO members

    Business
    10:00 AM
    The Reset: Private Equity Rises With the Warner Bros. Discovery Tide

    Pro Available to WrapPRO members

  • White House Chief of Staff Susie Wiles Says Trump Has ‘An Alcoholic’s Personality’ in Explosive Vanity Fair Story

    Wiles counters in an X post that her comments were taken out of context and part of a “disingenuously framed hit piece”

    By

    Corbin Bolies
    December 16, 2025 @ 7:18 AM
    Business
    7:18 AM
    White House Chief of Staff Susie Wiles Says Trump Has ‘An Alcoholic’s Personality’ in Explosive Vanity Fair Story
  • Inside Disney’s Theme Park Pricing Gamble: ‘It’s Not Dynamic Pricing as Much as Dynamic Ratcheting’ | Exclusive

    Disney’s variable pricing plans could increase consumer costs at domestic parks

    By

    Drew Taylor
    December 16, 2025 @ 6:15 AM

    Pro Available to WrapPRO members

    Business
    6:15 AM
    Inside Disney’s Theme Park Pricing Gamble: ‘It’s Not Dynamic Pricing as Much as Dynamic Ratcheting’ | Exclusive

    Pro Available to WrapPRO members

  • Nancy Pelosi Weighs 3rd Trump Impeachment if Dems Win the House: ‘There Has to Be Cause’ Video

    “If he crosses the border again, but that’s not an incidental thing” the congresswoman says

    By

    Raquel Calhoun
    December 15, 2025 @ 2:16 PM
    Business
    2:16 PM
    Nancy Pelosi Weighs 3rd Trump Impeachment if Dems Win the House: ‘There Has to Be Cause’ Video
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