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Business

  • Disney Exploring Strategic Options for Its India Business, Including Possible Sale or Joint Venture (Report)

    The business includes the Disney+ Hotstar streaming service and Star India, which was acquired from 21st Century Fox’s entertainment assets in 2019

    By

    Lucas Manfredi
    July 12, 2023 @ 8:37 AM
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    8:37 AM
    Disney Exploring Strategic Options for Its India Business, Including Possible Sale or Joint Venture (Report)
  • Amblin Partners, Universal Pictures Strike Multiyear Film Partnership

    The deal gives the Steven Spielberg-led production company more creative and financial flexibility

    By

    Lucas Manfredi
    July 11, 2023 @ 11:43 AM
    Business
    11:43 AM
    Amblin Partners, Universal Pictures Strike Multiyear Film Partnership
  • Former Disney Online President Richard Wolpert Launching FAST Channel Startup (Exclusive)

    The Ocean Life Network will launch October 15 with a slate of 30 shows, including originals and partnerships with creators and influencers

    By

    Lucas Manfredi
    July 10, 2023 @ 8:43 AM
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    8:43 AM
    Former Disney Online President Richard Wolpert Launching FAST Channel Startup (Exclusive)
  • New York Times Disbands Sports Department, Will Rely on The Athletic for Coverage

    The 35 journalists and editors will transition to other desks around the newsroom

    By

    Lucas Manfredi
    July 10, 2023 @ 8:30 AM
    Media
    8:30 AM
    New York Times Disbands Sports Department, Will Rely on The Athletic for Coverage
  • Sun Valley Welcomes Back a Chastened Class of Media Moguls

    The 2023 Allen & Company conference’s attendees from Hollywood are facing profit pressures and thorny questions around AI, cord-cutting and consolidation

    By

    Lucas Manfredi and Scott Mendelson
    July 10, 2023 @ 6:00 AM

    Pro Available to WrapPRO members

    Business
    6:00 AM
    Sun Valley Welcomes Back a Chastened Class of Media Moguls

    Pro Available to WrapPRO members

  • Endeavor Takes Minority Stake in Jennifer O’Connell and Rebecca Quinn’s Velvet Hammer Media

    The non-scripted production company’s credits include “The Big Bakeover” for The CW and Roku’s “Empty Nest Refresh”

    By

    Lucas Manfredi
    July 7, 2023 @ 8:30 AM
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    8:30 AM
    Endeavor Takes Minority Stake in Jennifer O’Connell and Rebecca Quinn’s Velvet Hammer Media
  • NBCU Execs Donna Langley, Mark Lazarus Promoted in Restructuring; Susan Rovner Exits

    The shake-up marks the first major move from Comcast president Mike Cavanagh, who assumed ousted CEO Jeff Shell’s duties in April

    By

    Lucas Manfredi
    July 6, 2023 @ 10:35 AM
    Business
    10:35 AM
    NBCU Execs Donna Langley, Mark Lazarus Promoted in Restructuring; Susan Rovner Exits
  • Former Paramount Head David Nevins Named CEO of The North Road Company

    “I believe I have the best collection of executives and producers that exist in the industry,” Peter Chernin, the production house’s founder, tells TheWrap

    By

    Scott Mendelson
    July 6, 2023 @ 6:10 AM
    Movies
    6:10 AM
    Former Paramount Head David Nevins Named CEO of The North Road Company
  • Warner Bros. Discovery Ousts Top Diversity Exec Karen Horne

    She is the latest senior executive laid off as the studio conducts massive restructuring

    By

    Sharon Knolle
    June 30, 2023 @ 12:06 PM
    Movies
    12:06 PM
    Warner Bros. Discovery Ousts Top Diversity Exec Karen Horne
  • Jeff Van Gundy, Max Kellerman, Keyshawn Johnson Out Amid ESPN Cost-Cutting

    Jalen Rose and LaPhonso Ellis are also among around 20 on-air personalities being notified Friday

    By

    Lucas Manfredi
    June 30, 2023 @ 10:05 AM
    TV
    10:05 AM
    Jeff Van Gundy, Max Kellerman, Keyshawn Johnson Out Amid ESPN Cost-Cutting
  • Meryl Streep, Jennifer Lawrence, Quinta Brunson Among 300+ Actors Threatening Strike Over ‘Fundamental’ Issues Like AI

    “What might be considered a good deal in any other years is simply not enough,” reads a letter the actors sent to SAG-AFTRA

    By

    Sharon Knolle
    June 27, 2023 @ 5:04 PM
    TV
    5:04 PM
    Meryl Streep, Jennifer Lawrence, Quinta Brunson Among 300+ Actors Threatening Strike Over ‘Fundamental’ Issues Like AI
  • CNN’s David Culver Upped to Senior National Correspondent

    The award-winning journalist, who is currently based in Los Angeles, has played a central role in the network’s coverage around the world

    By

    Lucas Manfredi
    June 27, 2023 @ 6:56 AM
    TV
    6:56 AM
    CNN’s David Culver Upped to Senior National Correspondent
  • Ryan Reynolds, Michael B. Jordan Among New Investors in Formula 1 Racing Team Alpine

    The investor group, which also includes private equity firm Redbird Capital Partners and Otro Capital, has acquired a 24% equity stake for $218 million

    By

    Lucas Manfredi
    June 26, 2023 @ 7:24 AM
    Business
    7:24 AM
    Ryan Reynolds, Michael B. Jordan Among New Investors in Formula 1 Racing Team Alpine
  • TCM to Be Overseen by Warner Bros. Pictures Bosses Michael De Luca, Pamela Abdy

    The leadership change follows the exit of chief Pola Changnon and several other members of the network’s top brass earlier this week

    By

    Lucas Manfredi
    June 23, 2023 @ 3:38 PM
    Business
    3:38 PM
    TCM to Be Overseen by Warner Bros. Pictures Bosses Michael De Luca, Pamela Abdy
  • OceanGate Co-Founder Defends Against James Cameron Criticism: ‘Impossible for Anyone to Really Speculate From the Outside’ (Video)

    “I know from firsthand experience that we were extremely committed to safety and risk mitigation was a key part of the company culture,” Guillermo Söhnlein said of the Titan

    By

    Lucas Manfredi
    June 23, 2023 @ 7:47 AM
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    7:47 AM
    OceanGate Co-Founder Defends Against James Cameron Criticism: ‘Impossible for Anyone to Really Speculate From the Outside’ (Video)
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