WGA East Blames CBS for Ongoing Editorial Interference Post-Layoffs
New: WGA East Accuses CBS Leadership of ‘Near-Constant’ Editorial Interference After ‘Cruel and Needless’ Layoffs “CBS management is apparently too thin-skinned to handle the honest scrutiny of their own journalists,” Writers Guild of America East president Tom Fontana writes
Horror
Wow. ‘Backrooms’ Heads For $90 Million Opening as Horror Beats ‘Star Wars’ at Box Office A24 more than triples its opening record, “Obsession” rises another 19% in its third weekend, and “Mandalorian and Grogu” plummets 70%
Hollywood Execs Earn 51% Raises Amid 17k Job Cuts
🧵Hollywood Execs Took a 51% Raise in 2025 Our @thewrap analysis of Hollywood exec salaries came out today, and it’s a doozy: the top 18 execs got 51% raises in 2025, even as the industry lost 17,000 jobs. https://t.co/tXxXuiBejv
Memorial Day Box Office Defies Slowdown, Hits $222M
🧵The box office momentum for summer 2026 feels solid. @jeremyfuster dives in to some surprises from the opening Memorial Day weekend @thewrap: The expected slowdown didn’t happen. The weekend ended close to $222 millio, nearly matching 2022 powered by...
A24 Snags ‘Club Kid’ for $17M After Cannes Bidding War
A24 Takes Jordan Firstman’s ‘Club Kid’ For $17 Million After Cannes Bidding War @thewrap https://t.co/kZMLlG3YsX
TV Producers Feel Squeezed Out, Not a Charity
“ A lot of our friends have been squeezed out of the biz… It’s not an NGO.” Howard Owens of Propagate dishing the truth on being a TV producer today. @TheWrap
NYT Leverages Strong Earnings to Target Video Market
NYT earnings impressive: Cutting Through the Noise: Why NYT Sees Video as Its Next Battleground
C‑Suite Leaders Convene to Explore Tech‑Driven Opportunities
We launched something special last Friday @TheWrap in collab with my friend Irving Azoff and @Pollstar . We called it “Culture & Capital,” a forum 4 bringing together C-suite leaders from across music, film, television to debate the opportunities created...
Denial Despite Direct Quote Undermines Credibility
Amazing. He does it yet again. Says a thing. Denies he said it, even when it is QUOTED to him. In this case, in the same interview. So are his words meaningless? What. a. joke.
Sequel Feels Like a Canned Copy of Original
Just saw "The Devil Wears Prada 2," so unusual for me to venture out to theater Sunday night - AMC theater was packed. Movie, sadly, felt canned and almost programmed to match, beat for beat, the original... (cont)
Devil Wears Prada 2 Matches Project Hail Mary’s $80
Devil Wears Prada 2' On Pace to Match 'Project Hail Mary' With $80.5 Million Box Office Opening https://t.co/gFPNFHejsQ
Introducing The Ledger: New Finance Newsletter Launch
We are excited to welcome @jlafayette to our suite of expert writers @TheWrap. Today he launches "The Ledger" our new finance newsletter, covering Wall Street, M&A, investment. Today he kicks off talking to Chris Marangi, co-chief investment officer of GAMCO...
Battlefield Film Sparks Five‑studio Bidding War for Michael B. Jordan
Gaming IP battle breaks out in Hollywood - big scoop here from @elmayimbe: ‘Battlefield’ Ignites Bidding War as 5 Studios Fight for Michael B. Jordan Video Game Movie https://t.co/LjQjNJW2Ay
Publishers Must Build Own Ecosystems, Not Depend on Search
Fascinating note in this from Barry Diller to shareholders, esp for publishers: "We recognized the coming reality of zero search traffic years ago, successfully transitioning out of depending upon search engines for our traffic to create our own ecosystem." https://t.co/cpgaIf2ar7
Spotify Reaches 293M Premium Users, 761M MAU
Earnings: Spotify Hits 293 Million Premium Subscribers in Q1 PRO The music streaming giant reaches a total of 761 million monthly active users @TheWrap