Business
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David Ellison May Fold Paramount TV Networks Into Single Unit, Co-CEO Brian Robbins Might Exit | Report
Co-CEO George Cheeks is expected to stay following the Skydance merger, and CBS is the only network safe from possible sale
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Former CAA Agent Joel Begleiter Boards TFC Management as Partner
“He’s an incredible advocate, a very well-liked and well-respected executive, and a longtime friend,” company founders Ben Jacobson and David Stone say of the hiring
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TelevisaUnivision Begins Layoffs as Part of Restructuring Plan
CEO Daniel Alegre says in a memo the move is “aimed at strengthening our position for 2025 and beyond”
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Why the NBA’s Ratings Are Down Big — and Why Its New Media Partners Should Care
“There’s just too much awareness that an individual game really doesn’t matter,” one league analyst tells TheWrap
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Sports
Available to WrapPRO members
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UK ‘MasterChef’ Host Gregg Wallace Steps Down Amid Misconduct Investigation
The TV presenter is accused by 13 different people of making inappropriate sexual comments to co-workers over a 17-year period
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R&CPMK Accuses Ex-Employees, Rival 2 PM Sharp of Stealing Clients, Breach of Contract
The PR firm claims the former staffers downloaded thousands of files with “confidential, proprietary and other sensitive business information” to “jumpstart 2 PM Sharp’s new business by theft”
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Comcast CEO Brian Roberts Sells $20 Million in Stock
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March
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Inside Paramount’s Search for a Buyer: Apollo’s Letters, Redstone’s Rejections and ‘Party F’
Apollo Global Management tried seven times to gain a foothold in the bidding but ultimately lost out to Skydance Media’s $8 billion deal, an SEC filing reveals
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WrapPRO
Available to WrapPRO members
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Warner Bros. Discovery Investors Sue Over ‘Significant Losses and Damages’ Caused by NBA Rights Fallout
The suit filed Monday is on behalf of all shareholders who acquired WBD securities between Feb. 23 and Aug. 7
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Megha Tolia to Step Down as Shondaland President and COO
Chief innovation and design officer Sandie Bailey and CMO Chris DiIorio are named co-presidents for Shonda Rhimes’ production company
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How the Streamers Stack Up in Revenue, Subscribers
Legacy media’s big bet to chase Netflix is starting to pay off, though they continue to trail the streaming king in subscribers and average revenue per user
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WrapPRO
Available to WrapPRO members
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EverPass Media Scores Commercial Distribution Rights for Netflix’s Christmas Day NFL Games
The RedBird Capital Partners and NFL-backed platform will stream the pair of games for bars, restaurants, hotels, gyms and other establishments
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Macy’s Thanksgiving Day Parade Broadcast Rights Leap to Potential $60 Million Price Tag for NBC | Report
The Peacock network has aired the annual event since 1953 and currently pays $20 million
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Neon Secures $200 Million Credit Facility Led by Comerica Bank
The studio behind “Longlegs,” “Parasite” and “Anora” has some new cash flow
