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Industry News

Business

  • What’s the Magic Number Paramount Needs to Snag Warner Bros. From Netflix?

    Experts told TheWrap that David Ellison needs a “decisive premium” that could range from $32 to north of $35 per share to defeat Netflix

    By

    Lucas Manfredi
    February 18, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Deals & M&A
    6:00 AM
    What’s the Magic Number Paramount Needs to Snag Warner Bros. From Netflix?

    Pro Available to WrapPRO members

  • Cinemark Q4 Revenue Slips 5% Year Over Year Despite ‘Zootopia 2,’ ‘Avatar 3’ Box Office

    Theater chain still posts a profit of $34.1 million for the last quarter of 2025

    By

    Jeremy Fuster
    February 18, 2026 @ 4:46 AM
    Business
    4:46 AM
    Cinemark Q4 Revenue Slips 5% Year Over Year Despite ‘Zootopia 2,’ ‘Avatar 3’ Box Office
  • Netflix Slams ByteDance’s Seedance 2.0 as a ‘High-Speed Piracy Engine,’ Threatens ‘Immediate Litigation’

    “Netflix will not stand by and watch ByteDance treat our valued IP as free, public domain clip art,” Mindy LeMoine, director of litigation, says

    By

    Alyssa Ray
    February 17, 2026 @ 11:21 PM
    Tech
    11:21 PM
    Netflix Slams ByteDance’s Seedance 2.0 as a ‘High-Speed Piracy Engine,’ Threatens ‘Immediate Litigation’
  • Netflix Co-CEO Ted Sarandos Accuses Paramount of ‘Flooding the Zone’ to Confuse Shareholders

    “Let them make a move and then we will see where the next step takes us,” the executive tells CNBC as Warner Bros. reopens talks with David Ellison

    By

    Lucas Manfredi and Tess Patton
    February 17, 2026 @ 5:52 PM
    Deals & M&A
    5:52 PM
    Netflix Co-CEO Ted Sarandos Accuses Paramount of ‘Flooding the Zone’ to Confuse Shareholders
  • Warner Bros. Condemns ByteDance AI Videos of DC Superheroes, ‘Game of Thrones’: ‘Blatant Infringement’

    The studio called out former general counsel John Rogovin, who now works at the Chinese company behind Seedance 2.0

    By

    Jeremy Fuster
    February 17, 2026 @ 5:20 PM
    Business
    5:20 PM
    Warner Bros. Condemns ByteDance AI Videos of DC Superheroes, ‘Game of Thrones’: ‘Blatant Infringement’
  • ‘Heated Rivalry’ Star Connor Storrie Scores Next Role in A24’s ‘Peaked’

    The actor joins Laura Dern, Emma Mackey and others in Molly Gordon’s next feature

    By

    Umberto Gonzalez
    February 17, 2026 @ 3:53 PM
    Movies
    3:53 PM
    ‘Heated Rivalry’ Star Connor Storrie Scores Next Role in A24’s ‘Peaked’
  • Versant Names Jonathan Kott SVP of Government Affairs

    The political strategist will oversee the cable spinoff’s public policy efforts and manage engagement with policymakers and industry leaders

    By

    Tess Patton
    February 17, 2026 @ 1:32 PM
    TV
    1:32 PM
    Versant Names Jonathan Kott SVP of Government Affairs
  • Paramount Prepared to Engage in ‘Constructive Discussions’ as Warner Bros. Reopens Sale Talks

    The company, which has until Feb. 23 to provide its “best and final” offer, added that it still plans to proceed with its tender offer and proxy fight

    By

    Lucas Manfredi
    February 17, 2026 @ 12:02 PM
    Deals & M&A
    12:02 PM
    Paramount Prepared to Engage in ‘Constructive Discussions’ as Warner Bros. Reopens Sale Talks
  • ‘Scooby-Doo’ Live-Action Netflix Series Casts Mckenna Grace as Daphne

    The actress will play a younger version of the character in the series, which tells the origin story of the Mystery Inc. crew

    By

    Raquel Calhoun
    February 17, 2026 @ 11:57 AM
    Business
    11:57 AM
    ‘Scooby-Doo’ Live-Action Netflix Series Casts Mckenna Grace as Daphne
  • Fifth Season Names Peter Traugott Head of TV, Exec to Exit Keshet Studios

    Noah Greenshner and Maggie Burkhead were also promoted in the Fifth Season shake-up

    By

    Tess Patton
    February 17, 2026 @ 11:45 AM
    TV
    11:45 AM
    Fifth Season Names Peter Traugott Head of TV, Exec to Exit Keshet Studios
  • Neon Acquires Ryusuke Hamaguchi’s ‘All of a Sudden’

    The “Drive My Car” director’s latest film starring Virginie Efira and Tao Okamoto was shot in Paris and Kyoto

    By

    Jeremy Fuster
    February 17, 2026 @ 10:33 AM
    Business
    10:33 AM
    Neon Acquires Ryusuke Hamaguchi’s ‘All of a Sudden’
  • Warner Bros. Activist Investor Praises Board, Netflix for Reopening ‘Necessary Discussions’ With Paramount Skydance

    “It’s time for the Board to establish a level playing field that produces the highest and most viable offer,” a spokesperson for Ancora Holdings tells TheWrap

    By

    Lucas Manfredi
    February 17, 2026 @ 10:16 AM
    Deals & M&A
    10:16 AM
    Warner Bros. Activist Investor Praises Board, Netflix for Reopening ‘Necessary Discussions’ With Paramount Skydance
  • Prime Video Launches Fox Nation Add-On for $8.99 Per Month

    The streaming service can also be bundled with Fox One through the Amazon-owned platform for $24.99 per month

    By

    Lucas Manfredi
    February 17, 2026 @ 10:00 AM
    TV
    10:00 AM
    Prime Video Launches Fox Nation Add-On for $8.99 Per Month
  • ‘Goat’ Hits Box Office Stride on Presidents Day, Scores $35.5 Million Opening

    Sony’s animated film had the top Monday total over “Wuthering Heights,” which still leads the weekend with $37.5 million

    By

    Jeremy Fuster
    February 17, 2026 @ 9:12 AM
    Business
    9:12 AM
    ‘Goat’ Hits Box Office Stride on Presidents Day, Scores $35.5 Million Opening
  • Paramount Stock Jumps Over 5% as Warner Bros. Reopens Sale Talks

    Shares of the David Zaslav-led media giant rose 2.3%, while Netflix stock slid 1.4% following the announcement

    By

    Lucas Manfredi
    February 17, 2026 @ 7:28 AM
    Deals & M&A
    7:28 AM
    Paramount Stock Jumps Over 5% as Warner Bros. Reopens Sale Talks
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