Business
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TKO CEO Ari Emanuel’s Pay Hit $67.4 Million in 2025
President and chief operating officer Mark Shapiro’s pay for the year was $42.64 million
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Warner Bros. Shareholders Sign Off on $110 Billion Paramount Deal. Now the Fight Begins | Analysis
The deal must still make its way through regulators in the U.S. and overseas, with state attorneys general weighing legal action
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Business
Available to WrapPRO members
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Bob Iger Returns to Venture Firm Thrive After Disney Departure
The former CEO returns as an advisor to a firm he briefly served as a venture partner after his first exit from Disney in 2021
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Meta to Cut 10% of Staff as Company Centers AI Initiatives
The cuts will affect roughly 8,000 workers and will close 6,000 open roles
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How CBS Stations’ Jennifer Mitchell Is Reimagining Local News for the Streaming Era
The station group president tells TheWrap how AR/VR technology, streaming and social are reaching audiences beyond broadcast
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Business
Available to WrapPRO members
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Warner Bros. Shareholders Reject CEO David Zaslav’s Golden Parachute
The non-binding compensation vote comes as investors signed off on the $110 billion Paramount merger
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Warner Bros. Shareholders Approve Paramount Merger
The $110 billion deal, which is expected to close by the third quarter, remains subject to regulatory approval
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Maggie Gyllenhaal Named President of Venice Film Fest Jury
The 83rd Venice International Film Festival will take place Sept. 2-12, 2026
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Mamdani Urges Warner Bros. Shareholders to Vote ‘No’ on Paramount Merger: ‘Thousands of Jobs at Risk’
“This merger is bad for New Yorkers three times over,” the New York City mayor says
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Netflix Authorizes $25 Billion Stock Buyback
The move comes after its share repurchase program was temporarily paused to help fund its $83 billion Warner Bros. deal
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Peacock May Finally Turn the Corner on Profitability
Comcast co-CEO Mike Cavanagh says that the streamer is poised for a “meaningful inflection point” after it posted a widened first-quarter loss of $432 million
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Business
Available to WrapPRO members
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FBI Launched Investigation Into New York Times Reporter Over Story on Kash Patel’s Girlfriend
The Justice Department ultimately decided not to pursue an investigation, according to the Times
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NFL Defends Media Distribution Strategy Amid FCC, DOJ Scrutiny
Executives from the league made their case to FCC officials during a meeting on April 17
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Cannes Film Festival Adds 16 More Films to Its Lineup
Additions include movies directed by Diego Luna and Judith Godrèche, while James Gray’s “Paper Tiger” will fill out the main competition
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FCC Launches Review Into TV Parental Guidelines, Concerns Over Depicting ‘Gender Identity Issues’
The regulator is seeking public comment to ensure the ratings system is “empowering parents to make informed decisions for their children”
