Business
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How Peter Gold’s WG Pictures Hit a $33K Per-Screen Average Without Spending a Dollar on Ads
Office With a View: The 26-year-old distributor behind “Our Hero Balthazar” used cast social media and a viral Caleb Simpson stunt to top the specialty box office
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Business
Available to WrapPRO members
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Taye Diggs to Launch His Own Microdramas Platform, Microhouse Films, This Spring
The company will allow filmmakers to produce, distribute and monetize their work within the platform
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FCC’s Brendan Carr Says No White House Pressure in Early Review of ABC Licenses, Investigation Focused on DEI
“He has every right to make the decisions that he’s made, to make the public calls that he’s made, same with the first lady,” he says
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Warner Bros. Discovery CFO Gunnar Wiedenfels Renews Contract Through April 2028
The new deal will kick in on July 11, with the executive set to receive an annual base salary of $2.5 million
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Summer 2026 Box Office Could Top $4.2 Billion — Here’s What Will Hit and What May Miss
Exhibitors will need to exercise some patience with many of the heavy hitters not coming out for several weeks
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Box Office
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Netflix Updates Mobile App With Vertical Video Feed to Watch and Share Clips
The streamer’s new Clips feature will expand to include podcasts, live programming and themed collections at a later date
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Warner Bros. Discovery CEO David Zaslav’s Pay Tripled in 2025 to $165 Million
The executive’s pay package included $110 million tied to his scrapped plan to split WBD into two companies
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Alex Jones Claims ‘Massive Victory’ as Court Pauses The Onion’s Infowars Takeover | Video
“[This] just warms my heart and still gives me faith in America and our legal system,” the Infowars founder adds
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Tony Dokoupil’s ‘CBS Evening News’ Era Keeps Hemorrhaging Viewers to Record Lows | Chart
The show has fallen below 4 million viewers throughout most of April
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TV
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Amazon Braces for AI to ‘Radically Change’ Internal Operations After Laying Off 16,000 Workers
CFO Brian Olsavsky also boasts Prime Video has grown into a “larger and profitable business in its own right”
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Business
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YouTube Subscriptions Are Growing Faster Than Ad Revenue
Alphabet now has over 350 million paid subscriptions, led by YouTube and Google One
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Business
Available to WrapPRO members
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Meta Needs to Play Catch-Up With Creators. It’s Betting on a Boost From AI
The tech giant is rolling out affiliate partnerships for creators on Facebook, allowing creators to earn a commission on product links years after competitors
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Business
Available to WrapPRO members
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National Association of Broadcasters Lambasts FCC’s Move Against ABC Amid Kimmel Trump Controversy
“Broadcast stations already face intense challenges as they work to deliver trusted journalism, lifesaving emergency services, community programming and election coverage,” the advocacy group says
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Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks
The moves come after Bill Ackman’s Pershing Square submitted a $64.4 billion takeover bid for the company
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Ted Cruz Slams FCC’s Action Against ABC Amid Kimmel Controversy: ‘Not Government’s Job to Censor Speech’
The Texas Senator’s comments come as the agency has requested that Disney file for an early license renewal of ABC’s eight local broadcast stations
