Distribution
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Neon Boards ‘NAZA’ Gaza Doc to Expand Awards Season Theatrical Push
A spokesperson for the distributor calls the Yuval Abraham and Rachel Szor-directed exposé “one of the best films of the year”
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Netflix Revenue, Advertising Slowdown Rattles Wall Street as Growth Concerns Persist
Shares of the streamer fell over 6% after its weaker-than-expected outlook for the rest of 2026 overshadowed its third-quarter earnings
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Business
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Starz Programming Restored on Verizon Fios
The new carriage deal covers all Starz channels, Starz on Demand and the Starz app
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Legendary Entertainment Makes a Play for Lionsgate
The move comes after the “Dune” producer first eyed a potential acquisition of the Hollywood studio last year
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Jeff Shell to Launch Linear TV-Focused Investment Vehicle
The new venture, which would be backed by RedBird Capital Partners, is eyeing a launch in the first or second quarter of 2027
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British Government ‘Minded to Intervene’ in Sky’s $2.1 Billion ITV Takeover
UK Secretary of Culture, Media and Sport Lisa Nandy has given the companies until Oct. 20 to address her concerns
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From $900 Million to Rock Bottom: How Reese Witherspoon’s Hello Sunshine Cratered After Candle Media’s Big Bet | Analysis
Kevin Mayer and Tom Staggs wagered that the actress and producer’s star power could drive new revenue streams. It didn’t work out
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Deals & M&A
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Fox’s $22 Billion Roku Acquisition Secures Shareholder Approval
The deal remains on track to close in the first half of 2027, subject to regulatory approval
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Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors
If all of the warrants were exercised at the initial $12 exercise price, it would raise $5.65 billion for the company
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Spectrum Chief Commercial Officer Adam Ray, Chief Marketing Officer Sharon Peters to Exit
The restructuring comes after parent company Charter Communications closed a $34.5 billion merger with rival Cox in August
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Breaking Down the Top Warner Bros. Execs’ $1.1 Billion Merger Windfall
David Zaslav and his top four top lieutenants bagged a massive stock payout, while 1,500 employees also got large equity windfalls
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Business
Available to WrapPRO members
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Netflix Planning Layoffs Targeting 5% of Its Workforce | Report
The restructuring, which could be announced as early as next week, comes as the streamer is facing concerns from Wall Street around its future growth
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What Happened to Row K? From Splashy Acquisitions to a $110,000 Opening
A year after its big TIFF 2025 debut, the indie distributor has released only two films as unpaid bills pile up
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Movies
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Paramount Global Distribution and International Head Kevin MacLellan to Exit
The executive’s departure follows the closing of the $110 billion Warner Bros. Discovery merger
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Jay Askinasi to Lead Skydance’s Ad Sales, David Decker to Oversee Content Sales
Ray Hopkins will also serve as president of distribution
