Distribution
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US Box Office Posts Best First Quarter Since Pandemic With $1.77 Billion
Domestic grosses just topped the first three months of 2023, though they remain 27% below 2019
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Cinemark CEO Sean Gamble’s Pay Rose 10% to $10.8 Million in 2025
The theater chain entertained 193 million moviegoers globally last year, generating total revenue of $3.1 billion
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Snap Inc. Shares Jump Over 13% as Activist Investor Irenic Capital Management Builds Stake
The firm, which has a 2.5% economic interest, is pushing for changes at the social media giant to boost its valuation
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Row K Entertainment Pulls Out of CinemaCon Amid Exec Upheaval
“We remain fully committed to our long-term vision and to our partners, and we look forward to returning to CinemaCon in 2027,” Row K founders Christopher Woodrow and Raj Singh tell TheWrap
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A+E Global Media Launches Brand Creative Studio Storyground
“We’re further building upon our expertise as premium and innovative storytellers,” says Paul Buccieri, A&E Global president and chairman
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Film Festival Leaders Sign Letter of Support for Berlinale Boss Tricia Tuttle Amid Uncertain Future
“We need to maintain spaces where discomfort is embraced,” Cannes’ Thierry Frémaux, Sundance‘s Eugene Hernandez and others write
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Versant Profits Slide 32% to $930 Million in 2025
Revenue tumbled 5.3% to $6.7 billion on lower linear distribution, advertising and content licensing
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Business
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Matt Damon, Ben Affleck’s Artists Equity Signs First Look Deal With Netflix
The studio behind “The Rip” now has a second partnership alongside its theatrical deal with Sony
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Ted Sarandos Says Netflix Lost Warner Bros. Bid to ‘Irrational’ Paramount Offer: ‘Maybe It’s to Our Advantage
The Netflix CEO also strongly denies that Trump would have had any influence: “Very clear from our first discussion that he never intended that”
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Dave Franco Sundance Comedy ‘The Shitheads’ Acquired by IFC
O’Shea Jackson Jr., Mason Thames and Kiernan Shipka co-star in Macon Blair’s latest directorial effort
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Paramount Says Warner Bros. Discovery Takeover Bid Has Cleared a US Antitrust Hurdle
The Department of Justice’s Hart-Scott-Rodino (HSR) waiting period expired on Feb. 19 after the agency requested more information about its $108.4 billion tender offer
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Making a Hit: Why NBC Brought Back Pilot Season in 2026 | Exclusive
NBCUniversal exec Lisa Katz tells TheWrap about bringing back the traditional TV development model and creating 4,000 jobs in the process
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TV
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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
