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Industry News

Business

  • FCC Votes to Repeal National Broadcast Ownership Cap

    The decision comes as the $6.2 billion Nexstar-Tegna merger remains stuck in legal limbo

    By

    Kayla Cobb and Lucas Manfredi
    August 6, 2026 @ 8:25 AM
    TV
    8:25 AM
    FCC Votes to Repeal National Broadcast Ownership Cap
  • Paramount-Warner Bros. Merger Cleared by UK Competition and Markets Authority

    UK Culture Secretary Lisa Nandy also won’t intervene in the $110 billion deal after the David Ellison-led media giant agreed to conditions

    By

    Lucas Manfredi
    August 6, 2026 @ 4:33 AM
    Business
    4:33 AM
    Paramount-Warner Bros. Merger Cleared by UK Competition and Markets Authority
  • Warner Bros. Discovery’s Streaming Gains Overshadowed by Linear TV and Studio Struggles, Paramount Merger Limbo

    CEO David Zaslav says the media giant has “every expectation” the $110 billion deal will close

    By

    Lucas Manfredi
    August 6, 2026 @ 4:05 AM

    Pro Available to WrapPRO members

    Business
    4:05 AM
    Warner Bros. Discovery’s Streaming Gains Overshadowed by Linear TV and Studio Struggles, Paramount Merger Limbo

    Pro Available to WrapPRO members

  • Versant’s CNBC, MS NOW Digital Push Takes Shape as Linear TV Declines

    The streaming push comes as the Comcast spinoff reported mixed financial results but a higher 2026 forecast

    By

    A.J. Katz
    August 6, 2026 @ 4:04 AM

    Pro Available to WrapPRO members

    TV
    4:04 AM
    Versant’s CNBC, MS NOW Digital Push Takes Shape as Linear TV Declines

    Pro Available to WrapPRO members

  • Regal Cinemas CEO Backs Paramount-WBD Merger, Adds Antitrust Trial ‘Could Be Damaging to Our Industry’

    “A long fight in court that extends into spring or summer doesn’t put more films in theaters,” Eduardo Acuna says

    By

    Jeremy Fuster
    August 5, 2026 @ 5:51 PM
    Business
    5:51 PM
    Regal Cinemas CEO Backs Paramount-WBD Merger, Adds Antitrust Trial ‘Could Be Damaging to Our Industry’
  • News Corp CEO Warns of ‘Slimy Sea of AI Slop,’ Threatens More Lawsuits

    Thomson defended existing AI deals and teased more to come

    By

    A.J. Katz
    August 5, 2026 @ 3:43 PM
    Business
    3:43 PM
    News Corp CEO Warns of ‘Slimy Sea of AI Slop,’ Threatens More Lawsuits
  • Sinclair CEO Says Removing FCC Ownership Cap Will Enable ‘More Level Playing Field’

    The move would open M&A opportunities even as critics warn of consolidating local TV power

    By

    Loree Seitz
    August 5, 2026 @ 1:54 PM
    Business
    1:54 PM
    Sinclair CEO Says Removing FCC Ownership Cap Will Enable ‘More Level Playing Field’
  • News Corp Beats Q4 Revenue, Earnings Estimates

    The Digital Real Estate, Dow Jones divisions fuel strong quarter

    By

    A.J. Katz
    August 5, 2026 @ 1:29 PM

    Pro Available to WrapPRO members

    Business
    1:29 PM
    News Corp Beats Q4 Revenue, Earnings Estimates

    Pro Available to WrapPRO members

  • Fubo’s New CEO Lays Out Priorities as NBA Finals, World Cup Fuel Subscriber Gains

    The sports streamer grew to 5.8 million North American and 365,000 international subscribers in its third quarter, though Alisa Bowen warned there would be “some attrition”

    By

    Lucas Manfredi
    August 5, 2026 @ 10:08 AM

    Pro Available to WrapPRO members

    Business
    10:08 AM
    Fubo’s New CEO Lays Out Priorities as NBA Finals, World Cup Fuel Subscriber Gains

    Pro Available to WrapPRO members

  • Disney Sells Out Super Bowl LXI Ad Inventory

    The company closed its 2026 upfront negotiations, with volume commitments up double-digits year over year

    By

    Lucas Manfredi
    August 5, 2026 @ 6:43 AM
    Business
    6:43 AM
    Disney Sells Out Super Bowl LXI Ad Inventory
  • How Late Night Is Bringing Satire to Microseries

    As networks and streamers experiment with bite-sized shows, late night is turning the genre’s tropes into comedy fodder

    By

    Tess Patton
    August 5, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    TV
    6:15 AM
    How Late Night Is Bringing Satire to Microseries

    Pro Available to WrapPRO members

  • David Ellison Is Ready to Talk About CNN to Get His Deal Done — but Bari Weiss Muddies the Case

    The Paramount CEO seeks to allay concerns over partisan influence but Weiss’ record at CBS News does not help

    By

    Sharon Waxman
    August 5, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Business
    6:00 AM
    David Ellison Is Ready to Talk About CNN to Get His Deal Done — but Bari Weiss Muddies the Case

    Pro Available to WrapPRO members

  • New York Times Shares Down After Warning Subscription Revenue Will Slow in Q3

    The media company posted second-quarter earnings and revenue that beat Wall Street expectations

    By

    A.J. Katz
    August 5, 2026 @ 4:23 AM

    Pro Available to WrapPRO members

    Business
    4:23 AM
    New York Times Shares Down After Warning Subscription Revenue Will Slow in Q3

    Pro Available to WrapPRO members

  • Disney+ Embraces ‘Digital Centerpiece’ Strategy as Josh D’Amaro Goes All-In on Streaming

    Disney’s CEO says the service is exploring a free tier and that it is “well-positioned” to be an aggregator of third-party streamers

    By

    Lucas Manfredi
    August 5, 2026 @ 3:42 AM

    Pro Available to WrapPRO members

    Business
    3:42 AM
    Disney+ Embraces ‘Digital Centerpiece’ Strategy as Josh D’Amaro Goes All-In on Streaming

    Pro Available to WrapPRO members

  • ‘Toy Story 5’ Brings Disney Franchise’s Value to $16 Billion After $1 Billion Box Office

    Disney estimates the income value of the Pixar franchise in its latest earnings report

    By

    Jeremy Fuster
    August 5, 2026 @ 3:30 AM
    Movies
    3:30 AM
    ‘Toy Story 5’ Brings Disney Franchise’s Value to $16 Billion After $1 Billion Box Office
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