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Industry News

Business

  • Darren Aronofsky’s AI-Driven Studio Primordial Soup Seeks $15 Million

    The “Caught Stealing” director and his producing partner Dylan Golden are listed as executive officers

    By

    Umberto Gonzalez
    July 22, 2026 @ 3:04 PM
    Business
    3:04 PM
    Darren Aronofsky’s AI-Driven Studio Primordial Soup Seeks $15 Million
  • State AGs, DirecTV Accuse Nexstar of Violating Preliminary Injunction With Tegna Board Appointment

    They argue that further integration would allow the combined company to “control and raise prices, fire journalists and dominate the broadcast media landscape”

    By

    Lucas Manfredi
    July 22, 2026 @ 2:27 PM
    Deals & M&A
    2:27 PM
    State AGs, DirecTV Accuse Nexstar of Violating Preliminary Injunction With Tegna Board Appointment
  • Alphabet’s AI Costs Keep Spiraling Higher

    Once again, the company raised its capital investment range, which now tops out at $205 billion

    By

    Kayla Cobb
    July 22, 2026 @ 1:18 PM

    Pro Available to WrapPRO members

    Business
    1:18 PM
    Alphabet’s AI Costs Keep Spiraling Higher

    Pro Available to WrapPRO members

  • Pat McAfee Slams Critics Blaming ESPN Layoffs on His Salary: ‘That’s Not Funny’

    “The first time we licensed the show through ESPN, one of these happened. We got blamed for it all,” he adds

    By

    Jacob Bryant
    July 22, 2026 @ 12:28 PM
    Sports
    12:28 PM
    Pat McAfee Slams Critics Blaming ESPN Layoffs on His Salary: ‘That’s Not Funny’
  • Paramount-Warner Bros. Merger Cleared by European Commission With Conditions

    The approval comes as the deal was paused by a lawsuit from 12 state AGs in the U.S.

    By

    Lucas Manfredi
    July 22, 2026 @ 11:12 AM
    Business
    11:12 AM
    Paramount-Warner Bros. Merger Cleared by European Commission With Conditions
  • FCC Chair Not Worried About Potential Legal Challenge to National Broadcast Ownership Cap Repeal

    Brendan Carr also says ABC’s decision to limit coverage of President Trump’s primetime address could come up in its broadcast license review

    By

    Lucas Manfredi
    July 22, 2026 @ 10:40 AM
    Business
    10:40 AM
    FCC Chair Not Worried About Potential Legal Challenge to National Broadcast Ownership Cap Repeal
  • Julie Andrews Gets Disney+ Documentary Treatment From RJ Cutler 

    The film featuring archival footage and new interviews hits the streamer in 2027

    By

    Loree Seitz
    July 22, 2026 @ 9:45 AM
    9:45 AM
    Julie Andrews Gets Disney+ Documentary Treatment From RJ Cutler 
  • Paramount-Warner Bros. Ticking Fee: Everything You Need to Know About the M&A Time Bomb

    The ticking fee is an unusual element that applies immense timing pressure on the $110 billion merger’s closing 

    By

    Lucas Manfredi
    July 22, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    Deals & M&A
    6:15 AM
    Paramount-Warner Bros. Ticking Fee: Everything You Need to Know About the M&A Time Bomb

    Pro Available to WrapPRO members

  • Sony, Alamo Drafthouse in Talks to Reopen Cinerama Dome

    The famed Hollywood theater has remained closed since the shutdown of Arclight Cinemas after the COVID pandemic

    By

    Jeremy Fuster
    July 21, 2026 @ 3:55 PM
    Business
    3:55 PM
    Sony, Alamo Drafthouse in Talks to Reopen Cinerama Dome
  • The Paramount-Warner Merger Pause Is the Deliberation We Skipped | Guest Column

    Fourteen days is not much time, but it is necessarily the first genuine pause this transaction has received

    By

    Stuart N. Brotman
    July 21, 2026 @ 3:08 PM
    Deals & M&A
    3:08 PM
    The Paramount-Warner Merger Pause Is the Deliberation We Skipped | Guest Column
  • Craig Brewer’s ‘Snoop’ Biopic Gets Summer 2027 Release

    “Outer Banks” breakout Jonathan Daviss is set to star in the title role

    By

    Umberto Gonzalez
    July 21, 2026 @ 2:30 PM
    Movies
    2:30 PM
    Craig Brewer’s ‘Snoop’ Biopic Gets Summer 2027 Release
  • ‘Avengers: Doomsday’ Racks Up $16.5 Million in First 24 Hours of Infinity Vision Presales

    Disney launched ticket sales for 1,000 non-Imax premium screens on Monday

    By

    Jeremy Fuster
    July 21, 2026 @ 2:29 PM
    Box Office
    2:29 PM
    ‘Avengers: Doomsday’ Racks Up $16.5 Million in First 24 Hours of Infinity Vision Presales
  • Hearst Magazines Taps Chris Berend as Chief Content and Experience Officer

    The former NBCUniversal and CNN executive will lead editorial strategy, content creation and programming across platforms

    By

    Lucas Manfredi
    July 21, 2026 @ 9:53 AM
    Business
    9:53 AM
    Hearst Magazines Taps Chris Berend as Chief Content and Experience Officer
  • Ava DuVernay Doc ’14th’ to Make World Premiere at 2026 New York Film Festival

    The follow-up to her Oscar-nominated “13th” will close the festival on Oct. 9

    By

    Missy Schwartz
    July 21, 2026 @ 8:00 AM
    Awards
    8:00 AM
    Ava DuVernay Doc ’14th’ to Make World Premiere at 2026 New York Film Festival
  • Disney Lays Off Hundreds of Staffers, Pixar Hit Hard

    The layoffs are expected to be the largest round at Pixar since 2024

    By

    Drew Taylor
    July 21, 2026 @ 7:57 AM
    Business
    7:57 AM
    Disney Lays Off Hundreds of Staffers, Pixar Hit Hard
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