Business
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Paramount Global Inclusion Head Marva Smalls to Take on New Role Working With Office of the CEO, Skydance
The Nickelodeon public affairs exec will help with the media giant’s transition as the two companies’ $8 billion merger is on track to close in the first half of 2025
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Netflix Hires Nicolle Pangis as New VP of Advertising
The former Ampersand CEO will oversee the streamer’s U.S. and Canada ad sales
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Netflix Comms Chief Rachel Whetstone, Global Public Policy VP Dean Garfield to Exit
The streamer plans to hire a chief global affairs officer to oversee policy and corporate communications
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Vivendi Board Sets December Shareholder Vote on 4-Way Split of French Media Giant
If the move is approved by shareholders, former Paramount Global CEO Bob Bakish would join the board of Canal+
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James Gorman Draws on Succession Experience to Replace Disney’s Bob Iger
The Aussie Wall Street veteran previously helped Disney defeat Nelson Peltz’s proxy challenge.
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Available to WrapPRO members
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Netflix, Disney, Comcast, Google, Warner Bros. Discovery and Paramount to Spend Combined $126 Billion on Content in 2024
The estimate from Ampere Analysis includes $40 billion allocated towards the companies’ streaming services
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Washington Post Loses Over 200,000 Subscribers After Bezos Nixes Harris Endorsement
The lost subscribers represent about 8% of the paper’s total paid circulation
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David Ellison, Skydance Tap Cindy Holland as Senior Advisor Ahead of Paramount Merger
The Sister global CEO departs as the company will close its Los Angeles film and television office at the end of 2024
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Endeavor Exploring Sale of Miami and Madrid Opens, Frieze
The review comes ahead of private equity firm Silver Lake taking the company private in 2025
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Telemundo Studios Names Monica Albuquerque SVP of Content and Development
The former Warner Bros. Discovery Latin America executive will oversee strategy across linear and streaming platforms including Telemundo Network, Universo and Peacock
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TKO Buys On Location, IMG, Professional Bull Riders From Endeavor in $3.25 Billion All-Equity Deal
The WWE and UFC parent also authorized a $2 billion share repurchase program for its Class A common stock
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OBB Media Sets Former E!, Dick Clark Boss Adam Stotsky as Chief Strategy & Commercial Officer
The former NBC Entertainment CMO will also be president of OBB’s new branded content business, Bolded
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Paramount-Skydance Deal Shareholder Damages Could Exceed $1.65 Billion, Pension Fund Says
CalSTRS argues Sony and Apollo’s $26 billion offer implies a “significantly higher value” and “greater damages” than the $15 per share used in an earlier calculation by investor Scott Baker
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Disney’s Succession Plan: Who’s In and Who’s Out in the Race to Rule the Magic Kingdom | Analysis
Following Disney’s announcement that a Bob Iger successor would be chosen in 2026, TheWrap breaks down the frontrunners
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WrapPRO
Available to WrapPRO members
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Untitled Entertainment Acquires Jeff Silver and Matt Rosen’s Grandview
The transaction marks the first of its kind for TPG’s Initial Group umbrella since acquiring Untitled in June
