Business
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Daria Cercek Exits Paramount for Disney to Serve as President of Live Action Theatrical
She served as Paramount’s Motion Picture Group co-president
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Cinemark Rides ‘Moana 2,’ ‘Wicked’ to Record-High Q4 Revenue of $814 Million
A strong holiday leads to a 27% year-over-year increase as the theater chain reports its highest Q4 revenue ever
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Business
Available to WrapPRO members
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Paramount and YouTube TV Reach Carriage Renewal, Averting CBS, Comedy Central, Nickelodeon Blackout
The multi-year deal also gives the pay TV operator’s qualifying customers the option to bundle Paramount+
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Prime Video Snags Exclusive Streaming Rights to ‘The Chosen’ and Bear Grylls’ ‘Chosen in the Wild’
Amazon MGM Studios and producer, writer and director Dallas Jenkins’ 5&2 Studios also enter into a first-look series and film deal
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Ari Emanuel Slams Sam Altman as ‘Phony’ for ‘Cheating’ OpenAI’s Original Mission by Refusing Elon Musk’s $97.4 Billion Bid
The Endeavor CEO backed the Tesla boss’ bid to buy the AI company
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‘The White Lotus’ Halo Effect Blooms for Tourism and Local Economies
After boosting Italy and Hawaii, Mike White’s HBO anthology could bring “set-jetting” travelers to Thailand
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TV
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AMC Networks Reports 10% Revenue Decline in 2024 Due to Decreases in Linear TV and Content Licensing
The company also saw an 8.8% increase in subscribers for the year
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Available to WrapPRO members
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Paramount and YouTube TV Strike Short-Term Extension as Carriage Talks Continue
The current deal between the two companies expired at 11:00 p.m. Eastern on Thursday
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Roku Q4 Net Loss Shrinks to $35.5 Million, 2024 Revenue Climbs 18% to $4.1 Billion
The streamer and hardware maker, which is in a total of 90 million streaming households, posted its first $1 billion quarter in platform revenue
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WrapPRO
Available to WrapPRO members
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Amazon Defends Scaling Back DEI Efforts Under Trump, Says They Were Always Going to ‘Change Over Time’
“We strive to tell the very best stories, while empowering diverse voices in our storytelling wherever possible,” an Amazon spokesperson tells TheWrap
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The CW Taps Michael Perman as Sports Senior Vice President
The former NBC Sports executive will oversee strategy, programming and media rights for the division
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Sony Raises 2024 Outlook as Gaming, Music Boost Q3 Revenue 18% to $29 Billion
The Japanese multinational conglomerate’s quarterly results were weighed down by an 18% drop in operating profit at Sony Pictures Entertainment
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Available to WrapPRO members
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Hollywood Rattled by Trump’s Big Assault on DEI
An FCC investigation into “invidious” DEI policies at Comcast and Disney’s shift raise concerns that hard-won equality gains will be lost
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WrapPRO
Available to WrapPRO members
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Rebecca Kutler Named New MSNBC President
The former CNN exec had been the interim boss of the cable channel since Rashida Jones left in January
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Super Bowl 2025 Generated $800 Million in Ad Sales for Fox and Tubi
Commercials for Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs cost $8 million a pop
