Paramount’s stock fell below $10 per share on Monday, marking a record low for the struggling media conglomerate with its lowest price since Viacom and CBS merged in 2019. Shares hit a 52-week low of $9.81 per share, well off its 52-week high of…

News Corp and OpenAI Strike Multi-Year Licensing Partnership to Train Chatbots News Corp has become the latest company to ink a multi-year deal with OpenAI, which includes content licensing from the company’s media profile including The Wall Street…

Washington Post CEO Will Lewis Attempted to Kill Phone Hacking Story: ‘Drop the Story, Get the Interview’ The Washington Post publisher and CEO Will Lewis is in hot water again, as NPR media reporter David Folkenflik reveals that he was offered an…

Donald Trump’s criminal trial in New York led to a ratings surge for all three cable news networks, with CNN and MSNBC seeing outsized growth year-over-year in daytime segments during Stormy Daniels and Michael Cohen’s blockbuster testimonies.…

The crisis in American news media has led to an unexpected result in a very short time: The invasion of executive news suites by British editors, who experts say bring a “killer instinct” to news gathering, while notably downgrading the diversity…

Netflix’s ad tier has reached 40 million monthly active users globally, up from 5 million a year ago, with over 40% of the streamer’s new sign-ups coming from the plan in the countries where it’s available, the streamer announced Wednesday. Over 70%…

Donald Trump’s criminal trial in New York led to a ratings surge for all three cable news networks, with CNN and MSNBC seeing outsized growth year-over-year in daytime segments during Stormy Daniels and Michael Cohen’s blockbuster testimonies.

Electronic Arts is laying off roughly 670 staffers, equivalent to 5% of its workforce, CEO Andrew Wilson wrote in a memo to staff on Wednesday. “As a company full of creators and storytellers, we believe in the value of teams innovating together and…

Vincent Gallo, the actor and director behind films like “Buffalo ‘66” and “The Brown Bunny,” has been accused of making explicit and threatening remarks in auditions with actresses who were trying out for his new movie, “The Policeman,” according to…

You are reading an exclusive WrapPRO article for free. Want to level up your entertainment career? Click here to subscribe. NBC’s “Nightly News” topped ABC’s “World News Tonight” in the key 25-54 demographic last week. Discover why entertainment…

Amid the mounting tragedy in the Middle East, Fox News and CNN are the early winners in the cable network ratings battle, flexing their on-the-ground foreign reporting muscles, while MSNBC suffered a dip at the beginning of the conflict from which it…

The inevitable fog of war has descended on the Israel-Hamas conflict, but faster and with more deadly consequences than in the past. And news media, under intense pressure to push out breaking news as quickly as possible, is grappling with…

In the final hours of The Messenger, owner Jimmy Finkelstein reached out to offer a merger with the Los Angeles Times, telling his staff that a deal was imminent, TheWrap has learned. But the Los Angeles Times insisted that there was no such deal on…

It’s been a tough week for NBCUniversal News Group chairman Cesar Conde, whose meteoric rise to run the legendary news brand after a career at Telemundo and Univision has hit a major speed bump: the revolt of his on-air talent over the hiring of…

The Daily Beast put its scoop-driven media newsletter Confider on hiatus on Monday just weeks after editor at large Lachlan Cartwright — who steered the newsletter — departed the outlet. But two sources with knowledge of the situation say hiatus is…

Jeffrey Katzenberg Rescues Democratic Fundraising in Hollywood With More Than $2 Million in Donations With dual strikes on, Democratic politicians have been conspicuously avoiding the usual backyard fundraisers on L.A.’s Westside — nobody wants to be…

Looking to the future, Netflix will be focusing more on international unscripted series and animated movies. Netflix co-CEO Ted Sarandos elaborated on the move at UBS’ Global Media and Communication Conference on Monday. The revelation came after…

You are reading an exclusive WrapPRO article for free. Want to level up your entertainment career? Click here to subscribe. NewsNation and the CW drew more than four million average total viewers in Wednesday’s simulcast Republican presidential…

You are reading an exclusive WrapPRO article for free. Want to level up your entertainment career? Click here to subscribe. NBC’s “Dateline” was the most-watched newsmagazine of the 3rd quarter of 2023, TheWrap can reveal exclusively. Discover why…

LA Times Guild Blasts Leadership During Historic Work Stoppage: ‘They're Trying to Pit Us Against Each Other’ | Video The Los Angeles Times Guild staged a one-day work stoppage at both its Los Angeles and Washington D.C. offices Friday, in response…