Industry Trends
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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
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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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‘Simpsons’ and ‘Phineas and Ferb’ Movies Among Latest Approved for California Production Tax Credit
In all, 147 film and TV productions have been approved for tax incentives since California lawmakers dramatically increased the cap
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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
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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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Reese Witherspoon Doubles Down on AI Comments, Says No One Is Paying Her, She’s ‘Just a Curious Human’
“I don’t believe computers should replace humanity. I’m planning on learning as much as possible so that I’m educated,” the actress says
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Doug Liman’s AI Film Hit a Nerve in Hollywood. Does It Deserve the Hate? | Analysis
A knee jerk reaction to fear of AI was triggered, but the reality is more nuanced
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Movies
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Netflix Stock Tumbles 9% on Weaker Than Expected Earnings Forecast
The streamer maintained its 2026 guidance despite a surprise price increase in the U.S. and the collapse of its $83 billion Warner Bros. deal
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Netflix Brushes Off Warner Bros. Deal Loss, Growth Concerns as Profits, Revenue Soar in Q1
The streamer’s revenue grew 16% to $12.3 billion, boosted by higher pricing, ad revenue and subscriber growth
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Business
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‘Streamflation’ Is Driving Consumers to Their Breaking Point. What Should Streamers Do? | Analysis
As streaming prices continue to rise, experts tell TheWrap that consumer spending on video has plateaued and subscribers are reevaluating what they really need
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Streaming
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Media VC Deal Activity Falls by More Than Half to $50 Million in March Amid AI Uncertainty | Charts
The Funding File: Aerospace company Xona Space Systems, connected TV advertising platform Keynes and AI platform Halcyon led the month’s biggest venture capital investments
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Business
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Why Young People Are Poised to Save Movie Theaters, In-Person Entertainment | Charts
A National Research Group study finds that Gen Z and Gen Alpha audiences express the highest interest in leaving their homes for movies, entertainment
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Data Analysis
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Damon Lindelof Warns Paramount-WBD Merger Will Turn Warner Bros. Lot Into a ‘Ghost Town’
“Hollywood, believe it or not, is a blue-collar town … thousands of Grips and Gaffers. Drivers and Decorators. Builders and Boom operators. Camera teams and Caterers. And they’re all about to get f–ked,” he writes
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Issa Rae’s Hoorae Media Sets First Microdrama Series ‘Screen Time’ in TikTok Content Deal | Exclusive
TikTok and Hoorae will co-develop additional micro-series for exclusive release on TikTok and PineDrama
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Susan Rovner’s MicroCo Bets on ‘Joy Scrolling’ and the High-Speed Microdrama Production Pace
The former NBCU exec joins Knockout Shorts’ Matthew Ko, DramaBox’s Silas Wang and Crisp Momentum’s Vivian Anan Wang for an HRTS Associates LA panel on the booming verticals industry
