Industry Trends
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NBA Playoffs, World Cup Stabilize Ad-Supported Broadcast TV Viewership in Q2
The category finished the second quarter with a 26.6% share, down slightly from the first quarter but up 0.6% year over year
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Rob Bonta Says Warner Bros. Merger Settlement Talks Could Happen This Week if Paramount Shuts Down Leaks | Exclusive
The California AG tells TheWrap he’s open to a carve out of a “significant portion” of the combined company’s 50 basic cable channels
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Hollywood Insiders on the State of California’s Fight Against Production Flight | Roundtable
Leaders at the DGA, Producers Guild and Stay in LA warn that restoring filming in the Golden State will require many more years of work
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Movies -
Karen Bass Urges Paramount, State AGs to ‘Find Common Ground’ and Settle WB Merger Lawsuit
“The continued uncertainty is not good for workers, not good for productions and not good for the future of this industry,” the L.A. mayor says during a Thursday press conference
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Inside the Crowdfunding Campaign to Keep Letterboxd Independent
A public benefit corporation has raised over $100,000 to get started on a formal bid. But can the long shot effort actually succeed?
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Deals & M&A -
Charter Closes $34.5 Billion Cox Merger
The deal will create the nation’s largest Internet and video provider by subscriber base
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Paramount-WB Deal Could Cost LA 4,500 Film and TV Jobs and $2.8 Billion, Study Finds | Exclusive
Over 5,800 indirect or induced jobs from related small businesses could also be at risk over the next three years
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World Cup, NBA Finals Lift Broadcast Viewership to 19.8% in June
Fox and NBCU/Versant were the biggest beneficiaries, but their gains were not enough to topple YouTube and Disney
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TV -
Disney CEO Josh D’Amaro Says ABC Is ‘Not Going to Be Told How to Run’ Its Business Amid FCC Fight
“We’re going to stand up to what we believe is journalistic integrity,” the executive tells CNBC
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LatiNation at 25: How a Small LA TV Station Survived the Digital Transition
CEO Andres Palencia and COO Bruno Seros Ulloa tell TheWrap how the network’s commitment to young bilingual audiences carries it through industry change
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David Ellison Goes Nuclear With Threat to Move Paramount Out of California — Is It a Stunt?
The Paramount CEO’s ultimatum rattled staffers, but experts are split on the viability of running a major Hollywood studio from Nashville or Atlanta
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Business -
Netflix Closes 2026 Upfront, Nearly Doubles Ad Commitments
The streamer has sold out game sponsorships and nearly sold out of all available in-game inventory for the 2027 FIFA Women’s World Cup
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‘Clueless’ Sequel Series, ‘The Rockford Files’ Reboot Score California Tax Credits
Other TV projects granted awards from the state include new series “Newlyweds” and the Viola Davis-led “Ascent”
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Where the Media Business Is Going
In this week’s installment of The Media Front, we unpack what happens next as the streaming wars end and AI rises in newsrooms across the country
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Journalism -
How the Streamers Stack Up in Subscribers, Revenue and Profits | Analysis
All five Hollywood studios’ direct-to-consumer businesses reported profits and revenue gains in their latest earnings disclosures
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