 
Greetings!It's curious that with everything moving to streaming, from live sports to the hottest shows and movies, news programs remain a bit of an outlier. While streamers have brought the national broadcasts to the streaming services, fewer are investing in dedicated programs. Which makes ABC News' bet on "What You Need to Know" an intriguing one. Can this program show that there's a place for news on streaming services, or have folks moved on to relying on TikTok or YouTube Shorts? Roger Cheng PS: We just kicked off a free 2-week trial of WrapPRO. If you’ve been wanting to check out our full coverage, now’s the time. Feel free to forward the news. 
Lucas Manfredi takes an inside look at the latest venture by ABC News, which is betting that a daily short-form program specifically created for streaming will find success with the Disney+ audience. The move comes as news finds itself in an awkward place, with a large, but shrinking audience watching programming on linear TV, while a far faster growing number of viewers look to podcast or even shorter form news from TikTok. Manfredi talks to ABC News President Almin Karamehmedovic and Disney+ President Alisa Bowen to get their take on the initiative, which one expert called a blend of "old school" news with an understanding of how content is consumed. DON'T MISS
Sharon Waxman's Waxword catches up with legendary screenwriter Joe Eszterhas in an interview about his reboot of "Basic Instinct" and it's a bizarre, yet fascinating read. I won't spoil any more, but it's worth checking out. CATCH UP 
Going Public?: Patrick Soon-Shiong's plan to take the Los Angeles Times public will allow him to retain ownership of the struggling newspaper Exodus: More Washington Post staffers are leaving amid the turmoil in the newsroom, including "TikTok Guy" Dave Jorgenson, while NPR's editor in chief, Edith Chapin, steps down following the defunding Extra Scrutiny: Senators are looking into whether Skydance's David Ellison cut a side deal with Trump after the $16 million Paramount settlement Breakthrough: Netflix has entered the top three companies for the first time in Nielsen's media distributor gauge RIP: Ozzy Osbourne, the Prince of Darkness, transformed reality TV forever BIZ CORNER 
"South Park" creators Trey Parker and Matt Stone struck a global streaming deal worth $1.5 billion, resolving a dispute with Paramount Cillian Murphy film "Steve" to open Toronto Film Festival's platform section Naomi Ackie is in early talks to star alongside Tom Rhys Harries in DC Studios' "Clayface" IN OTHER NEWS...
Chinese hacking groups are exploiting a flaw in Microsoft's SharePoint collaboration software (CNBC) The attack on public media is part of a broader attack on public welfare (Columbia Journalism Review) Want more? Explore WrapPRO now. This report provides a high-level analysis of daily developments within the entertainment sector. It compiles crucial data points and insights from industry leaders, highlighting key trends and shifts in business strategies. |
