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Industry News

Business

  • ‘Mario’ and ‘You, Me & Tuscany’ Should Add Up to a Big Box Office Weekend for Universal

    “Super Mario Galaxy” continues to rocket towards $1 billion while Kat Coiro’s romcom looks for a high return on investment

    By

    Jeremy Fuster
    April 8, 2026 @ 2:42 PM

    Pro Available to WrapPRO members

    Business
    2:42 PM
    ‘Mario’ and ‘You, Me & Tuscany’ Should Add Up to a Big Box Office Weekend for Universal

    Pro Available to WrapPRO members

  • AMC Networks Rebrands to AMC Global Media

    CEO Kristin Dolan says the change reflects the ongoing transformation of its business into a “global media and studio-driven company,” with streaming as its “leading source of domestic revenue”

    By

    Lucas Manfredi
    April 8, 2026 @ 1:35 PM
    TV
    1:35 PM
    AMC Networks Rebrands to AMC Global Media
  • Susan Rovner’s MicroCo Bets on ‘Joy Scrolling’ and the High-Speed Microdrama Production Pace

    The former NBCU exec joins Knockout Shorts’ Matthew Ko, DramaBox’s Silas Wang and Crisp Momentum’s Vivian Anan Wang for an HRTS Associates LA panel on the booming verticals industry

    By

    Tess Patton
    April 8, 2026 @ 12:14 PM
    Industry Trends
    12:14 PM
    Susan Rovner’s MicroCo Bets on ‘Joy Scrolling’ and the High-Speed Microdrama Production Pace
  • Paramount Launches Global Publishing Imprint

    The unit, which is led by Amy Jarashow and will initially launch in the U.S. and Canada, will develop content inspired by the media giant’s portfolio of brands and franchises as well as original IP

    By

    Lucas Manfredi
    April 8, 2026 @ 10:00 AM
    Distribution
    10:00 AM
    Paramount Launches Global Publishing Imprint
  • Jeff Shell Out as Paramount Skydance President

    The media giant has been conducting an internal investigation into claims brought against the executive by whistleblower and Las Vegas gambler R.J. Cipriani

    By

    Lucas Manfredi
    April 8, 2026 @ 8:16 AM
    Business
    8:16 AM
    Jeff Shell Out as Paramount Skydance President
  • When $1.4 Billion Isn’t Enough: ‘Avatar’ Sequels Under the Microscope as Disney Weighs Franchise’s Future

    James Cameron’s latest installment could be the mid-point of the series or it could be the end

    By

    Drew Taylor
    April 8, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Movies
    6:00 AM
    When $1.4 Billion Isn’t Enough: ‘Avatar’ Sequels Under the Microscope as Disney Weighs Franchise’s Future

    Pro Available to WrapPRO members

  • Trump’s Iran Ultimatum Turns Apocalyptic Threat Into Prime-Time Spectacle | Analysis

    “8 p.m. is happening,” Trump told a Fox News host on Tuesday, as the world awaits to see if the president proceeds with wiping out a “whole civilization” or steps back from the brink

    By

    Michael Calderone
    April 7, 2026 @ 1:39 PM

    Pro Available to WrapPRO members

    Journalism
    1:39 PM
    Trump’s Iran Ultimatum Turns Apocalyptic Threat Into Prime-Time Spectacle | Analysis

    Pro Available to WrapPRO members

  • Sony Pictures Entertainment to Lay Off Hundreds of Staffers in Massive Restructure of Film, TV and Corporate

    “We need to operate with greater focus, speed, and alignment to strengthen our differentiated capabilities,” Sony Pictures Entertainment CEO Ravi Ahuja says in a memo to staff

    By

    Jeremy Fuster
    April 7, 2026 @ 9:37 AM
    Business
    9:37 AM
    Sony Pictures Entertainment to Lay Off Hundreds of Staffers in Massive Restructure of Film, TV and Corporate
  • Emerald Fennell Not Involved in ‘Basic Instinct’ Reboot Despite Joe Eszterhas’ Claims

    The follow-up is coming from Amazon MGM Studios

    By

    Drew Taylor
    April 7, 2026 @ 9:08 AM
    Movies
    9:08 AM
    Emerald Fennell Not Involved in ‘Basic Instinct’ Reboot Despite Joe Eszterhas’ Claims
  • Trump Doubles Down on Iran Threat, Tells Fox News ‘8 PM Is Happening’ | Video

    Trump warned in a post Tuesday morning that “a whole civilization will die” if Iran doesn’t agree to a deal

    By

    Corbin Bolies
    April 7, 2026 @ 8:32 AM
    Journalism
    8:32 AM
    Trump Doubles Down on Iran Threat, Tells Fox News ‘8 PM Is Happening’ | Video
  • Bill Ackman’s Pershing Square Submits $64.4 Billion Takeover Bid to Acquire Universal Music Group

    The firm says UMG’s stock price has “languished” due to a combination of factors that can be addressed with its proposed deal

    By

    Lucas Manfredi
    April 7, 2026 @ 8:30 AM
    Business
    8:30 AM
    Bill Ackman’s Pershing Square Submits $64.4 Billion Takeover Bid to Acquire Universal Music Group
  • Paramount Confirms Middle East Sovereign Wealth Fund Investment to Back Warner Bros. Deal

    The David Ellison-owned media giant says their participation is an “important milestone” in the $110 billion deal

    By

    Lucas Manfredi
    April 7, 2026 @ 7:40 AM
    Deals & M&A
    7:40 AM
    Paramount Confirms Middle East Sovereign Wealth Fund Investment to Back Warner Bros. Deal
  • Asghar Farhadi Issues Rallying Cry to Stop Destruction of Iran’s Civilian Infrastructure

    “The destruction of infrastructure is not just the destruction of buildings, it is an attack on human life and dignity,” the filmmaker says, calling Trump’s actions a war crime

    By

    Adam Chitwood
    April 7, 2026 @ 7:12 AM
    Culture
    7:12 AM
    Asghar Farhadi Issues Rallying Cry to Stop Destruction of Iran’s Civilian Infrastructure
  • Italy Ruled Netflix’s Price Hikes Are Illegal. Will the Rest of the EU Follow? | Analysis

    “Europe is now the real legal risk for Netflix’s pricing model,” one expert tells TheWrap

    By

    Lucas Manfredi
    April 7, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    TV
    6:00 AM
    Italy Ruled Netflix’s Price Hikes Are Illegal. Will the Rest of the EU Follow? | Analysis

    Pro Available to WrapPRO members

  • Cinerama Dome’s Grassroots Reopening Campaign Ends After Police Shut Down Projector Protest

    Save the Cinerama Dome organizer Ben Steinberg says he is stopping his campaign to avoid legal action from the theater’s owners, the Decurion Corporation

    By

    Jeremy Fuster
    April 6, 2026 @ 6:30 PM
    Business
    6:30 PM
    Cinerama Dome’s Grassroots Reopening Campaign Ends After Police Shut Down Projector Protest
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