ESPN Scores $7.8 Billion College Football Extension, CAA Lays off About 20 Staffers and Spotify Artist Payouts Hit $9 Billion

Plus: TikTok ban would create financial windfall for competitors, George Lucas backs Bob Iger in proxy battle and Taylor Swift’s ‘Eras Tour’ movie sets Disney+ record [ESPN Scores 6-Year, $7.8 Billion Media Rights Extension for College Football Playoff]( By Lucas Manfredi ESPN has struck a six-year media rights extension to be the exclusive home of the College Football Playoff through the 2031-2032 season. The deal, which is valued at $7.8 billion and will kick off during the 2026-2027 season, will give the sports network exclusive rights to all rounds of the expanded playoffs – first round, quarterfinal, semifinal and National Championship – as well as continued rights to all ancillary programming connected to the games, such as the CFP Selection Show, weekly Top 25 rankings shows and more. [Read More]( --------------------------------------------------------------- [caa talent agency]( [CAA Lays Off About 20 Staffers Across Multiple Departments]( By Drew Taylor Celebrated Hollywood agency CAA underwent another round of layoffs on Tuesday, with less than 20 employees being impacted across multiple departments, TheWrap has learned. Additionally, affected employees have already been informed of their dismissal. [Read More]( --------------------------------------------------------------- [Ariana Grande in the music video for "We Can't Be Friends (Wait for Your Love)"]( [Spotify Payouts to Artists Top $9 Billion for 2023 – Another New Record]( By Eileen AJ Connelly Spotify paid out more than $9 billion in royalties to over 78,850 artists last year, the streaming giant said Tuesday. Payouts have nearly tripled over the past six years as users have topped 600 million listeners, the Swedish company said in a post. Last year’s record brought the total it has paid to artists past $48 billion. [Read More]( --------------------------------------------------------------- [TikTok]( [TikTok Ban Could Create Financial Windfall for Meta, Alphabet and Snap | Analysis]( [George Lucas Backs Bob Iger in Proxy Battle: 'No One Knows Disney Better']( [Taylor Swift]( [Taylor Swift's 'Eras Tour' Movie Sets Disney+ Record With 16.2 Million Hours Viewed in First Weekend]( [Gannett]( [USA Today Publisher Gannett to Drop Associated Press Content Across All Publications]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](