Distribution
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Netflix Co-CEO Ted Sarandos Accuses Paramount of ‘Flooding the Zone’ to Confuse Shareholders
“Let them make a move and then we will see where the next step takes us,” the executive tells CNBC as Warner Bros. reopens talks with David Ellison
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Warner Bros. Discovery Considers Restarting Talks With Paramount Skydance After Revised Proposal
WBD board members are discussing whether the new offer might make for a better outcome or push Netflix to sweeten its bid, Bloomberg reports
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‘Josephine,’ Sundance Double Award-Winner Starring Channing Tatum and Gemma Chan, Acquired by Sumerian Pictures
The drama was sold in a competitive seven-figure deal
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Fox’s Red Seat Ventures Buys Podcast Creator Subscription Platform Supercast
The company will continue to operate autonomously under its founder and CEO Jason Sew Hoy and accelerate investment in product development, creator growth and team expansion
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Trump Gives Thumbs-Up to Nexstar Deal for Tegna, Would Give Broadcaster Cap-Busting 80% of TV Households
“GET THAT DEAL DONE!” the president writes on Truth Social
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How Streaming Expands Sports Fandom
An NRG study in collaboration with TheWrap reveals that fans of all ages are discovering new leagues and engaging further through shoulder programming and sports betting
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Business
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While ‘Melania’ Gets Millions, Other Political Docs Claw and Scrape to Find an Audience
The theatrical documentary boom of the late 2010s is long gone, but filmmakers, art houses and new distributors press on
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Movies
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Apple Lands Amir Bar-Lev’s ‘The Last First: Winter K2’ Doc Out of Sundance
The film hails from Propagate, Ventureland and Object Studios
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Nancy Meyers Returns With Untitled Feature and Jude Law, Penélope Cruz, Kieran Culkin in Final Talks to Star
Due in 2027, the prolific filmmaker’s first feature since 2015 will also star Emma Mackey and Owen Wilson
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Sony Pictures Classics Picks Up Sundance Crowdpleaser ‘Ha-Chan, Shake Your Booty!’
Rinko Kikuchi plays a widow who finds joy in ballroom dancing
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‘The Invite’ Bidding Frenzy: New Warner Bros. Film Label Enters the Ring for Olivia Wilde Comedy
A24 and Focus Features are circling the project as well
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Neon Acquires ‘4 X 4: The Event’ From ‘It Ends’ Director Alex Ullom
Spooky Pictures and Image Nation will produce the project, which will start shooting later this year
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14 of the Buzziest Films for Sale at Sundance
This year’s festival features new movies from Olivia Wilde, Channing Tatum, Ethan Hawke, Zoey Deutch and more
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Movies
Available to WrapPRO members
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Sundance Preview: Can New Buyers and a Final Park City Hurrah Heat Up the Indie Market?
TheWrap talks to buyers, sellers and filmmakers ahead of the festival to see if there’s reason for hope amid a challenged industry
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Netflix-Owned Warner Bros. Will Stick to 45-Day Theatrical Windows, Ted Sarandos Says
“The general economics of the theatrical business were more positive than we had seen and we had modeled for ourselves,” the co-CEO admits
