By Brian Lowry and Sean Burch

The exit of “60 Minutes” executive producer Bill Owens in the face of Trump administration pressure has roiled CBS News and alarmed journalists, fueling speculation about where the organization goes from here, especially if there are further concessions to clear the path to parent Paramount Global’s merger with Skydance Media.

Although she refused to discuss the specific situation at “60 Minutes,” Paramount Chairman Shari Redstone didn’t help matters Tuesday night, when she told TheWrap at an event in New York that freedom of the press involves “telling both sides of the story, giving the facts, not giving opinions. And I think that’s our responsibility as a media company.”

By Jeremy Fuster

The first quarter of the 2025 box office was a poor one for American theaters, but Imax was able to avoid taking a hit in their Q1 earnings thanks in good part to the record-smashing success of the animated sequel “Ne Zha 2” in China.

In the company’s earnings report released Wednesday, Imax reported a 10% year-over-year increase in revenue to $87 million, beating consensus Wall Street projections of $84 million. Imax also reported net income of $8.2 million — up from $5.4 million the year prior — with an adjusted EBITDA of $37 million, up 15% from Q1 2024.

More topline results below:

EPS: Net income attributed to shareholders was reported at $2.3 million, or 4 cents per share. Zacks Investment Research had projected EPS of 13 cents per share.

By Lucas Manfredi

Lionsgate’s separation from Starz has been approved by a majority of its shareholders, TheWrap has learned, clearing the way for the Hollywood studio and the pay-TV network to give themselves more strategic flexibility.

Shareholders of record as of March 12 voted on the proposal during the company’s annual meeting on Wednesday. In addition, investors overwhelmingly approved the studio’s slate of board director nominees, as well as a proposal on executive compensation.