Alexei Barrionuevo is the Business Editor at TheWrap. He previously served as an editor at Billboard, and before that as a staff writer at The New York Times and The Wall Street Journal. He has worked as a correspondent based in Brazil, Belgium and Venezuela.
Experience:
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Skydance-Paramount Deal Drags Hollywood Further Into a Tech Future | Analysis
With an $8 billion agreement to buy the legacy studio, CEO David Ellison is promising to leverage technology to turn Paramount from a struggling legacy studio into a tech-content powerhouse
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Over 3 Decades Later, Barry Diller Takes Another Swing at Paramount | Analysis
The billionaire behind IAC , who lost a bid to acquire the studio in the early 1990s, has signed an NDA with National Amusements
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A Presidential Debate Sets Off Democratic Panic | Analysis
Neither candidate performed well, but President Biden — who asked for the debate — may have lost the room
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Media
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The New ‘Cheap Fakes’ and the Coming Presidential Debates | Commentary
Prolific deceptive media may be coming soon to a screen near you
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Chaos at Paramount: An Uncertain Future Looms After Shari Redstone Pulls the Plug on Skydance | Analysis
Skydance is furious, executives are confused and Wall Street is exhausted as Redstone has made a mess of the Paramount sale
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TV
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Sony Pictures Nearly Doubles Q4 Income to $196 Million Driven by More Theatrical Releases
Sales rose 13% to $2.6 billion in the quarter but fell 10% for fiscal year 2023 due to strikes and lower licensing revenue
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With Disney+ Bundle, Max Is the First Streamer to Get Out of the ‘Everything for Everyone’ Game | Analysis
Analysts pressed Warner Bros. Discovery executives for more details on the new offering after WBD reported a $966 million Q1 loss
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Business
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Wall Street Turns Its Back on Disney’s Streaming Profit Milestone | Analysis
The company turned a corner but Iger may be settling into a more conservative growth strategy
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Business
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Apple Revenues Slip 4% to $90.75 Billion on Weaker Device Sales
Net income also fell 2% to $23.64 billion despite the device maker scoring a 14% jump in Services revenues to a quarterly record
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As a TikTok Ban Looms, What Happens to Entertainment Marketing?
President Biden signs a law forcing a sale of the Chinese-owned app, leaving Gen Z with a hole on their phones
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Could a Sony-Apollo Joint Bid Stop a Paramount Shareholder Revolt? | Analysis
But for now, Skydance Media still has until May 3 to turn exclusive talks with the studio into a deal.
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AMC CEO Says 2025 and 2026 Box Office Will Be ‘Roaring Hot’
“Finally we’re at a point where we can look forward,” Adam Aron tells TheWrap
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Apollo’s $11 Billion Bid for Paramount Ignites Bidding War | Analysis
The offer may be too good to ignore for majority owner Shari Redstone, analysts say
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UTA vs. Michael Kassan: A $125 Million Deal With an Advertising Powerhouse Blows Up
Kassan claims UTA retaliated after he quit in March. The agency alleges he misspent millions on a “lavish personal lifestyle”
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Bob Iger Plans to Leverage Epic Games Deal to Build Disney Universe That Lives ‘Side by Side to Fortnite’
“We were really impressed with what Epic had been able to accomplish with ‘Fortnite,’” the CEO said at Tuesday’s Morgan Stanley conference
