Truth Social Stock Falls 25% on Reports of Losses, Israel Pushes Out Foreign News Operations and A ‘Tectonic Shift’ in Media Changes Perceptions of Israel

Plus: ‘Road House’ breaks viewer record first 2 weekends, Two directors resign from WBD Board amid DOJ antitrust probe and Crew members seek protections in next IATSE contract [truth social donald trump]( [Trump’s Truth Social Stock Plummets 25% on Reports of $58 Million in 2023 Losses]( By Natalie Korach Former President Donald Trump’s social media company Truth Social lost over $58 million in 2023, on revenue of only $4.1 million, according to new SEC filings. As a result, Trump Media & Technology Group, the newly formed company which controls Truth Social, saw shares plummet over 25% in midday trading on Monday. [Read More]( --------------------------------------------------------------- [Al Jazeera Logo]( [Israeli Government Passes Law to Push Out Al Jazeera, Other Foreign News Operations]( By Natalie Korach Israel’s Knesset passed a law on Monday, paving the way to shut down local operations of Qatar-based news network Al Jazeera. The legislation allows a temporary ban of foreign news operations that the government deems a threat to national security. “Al Jazeera will no longer be broadcast from Israel,” Prime Minister Benjamin Netanyahu wrote in a post on social media after the law was passed, translated from Hebrew. “I intend to act immediately in accordance with the new law to stop the channel’s activity.” [Read More]( --------------------------------------------------------------- [Pro-Palestinian protestors gather outside of the New York Times building to protest the newspaper’s coverage of the Israel-Hamas war in December 2023]( [The ‘Tectonic Shift’ in Media That Changed Perceptions of Israel: ‘What’s Left Is a System Run by Activists’]( By Sharon Waxman JERUSALEM – It gives journalist Matti Friedman no satisfaction to know he was early to realize that a change had come to covering Israel, favoring fixed narratives and activist journalism over a tradition of fact-based reporting. Friedman, a former reporter and editor at the Associated Press based in Jerusalem from 2006-2011, quit the global news agency after being censored by his editors, and realizing he would have to censor what he and his colleagues knew to be true about the Israeli-Palestinian conflict. And what was the case a decade ago is more true now, he told me. [Read More]( --------------------------------------------------------------- [Road House]( [‘Road House’ Scores Record-Breaking 50 Million Viewers Over First 2 Weekends]( [Warner Bros. Discovery logo WBD Michelle Imperato Stabile]( [Steven Miron, Steven Newhouse Resign From Warner Bros. Discovery Board Amid DOJ Antitrust Probe]( [IATSE]( [Voices of IATSE: What Crew Members Are Seeking From Their Next Contract]( [Dwayne "The Rock" Johnson, Roman Reigns and Cody Rhodes]( [WWE Ratings Up as Dwayne 'The Rock' Johnson Makes Extended Comeback]( --------------------------------------------------------------- [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](