Paramount Special Committee Stands With Sweetened Skydance Offer, Web Could Descend Into Chaos After AI Launch and TriStar TV Shutters

Plus, Trump verdict ratings and Netflix is king of Spanish-language content [Skydance Media CEO David Ellison and National Amusements President Shari Redstone]( [Paramount Special Committee Recommends Revised Offer From David Ellison's Skydance Media]( By Lucas Manfredi Paramount Global’s independent special committee agreed to recommend a revised offer from David Ellison’s Skydance Media, paving a way for the potential merger of his production company with the struggling media conglomerate, according to the Wall Street Journal and other media reports. The decision, which follows months of negotiations, now puts the fate of the media conglomerate in the hands of controlling shareholder Shari Redstone. [Read More]( --------------------------------------------------------------- [ai-web-disruption]( [VC Says 'Chaos' Coming for Startups, Ads and Online Business as Generative AI Eats Web]( By Alex Kantrowitz As generative AI products ingest more of the web — via deals like OpenAI’s with Vox and The Atlantic this week — the impact could be felt well beyond news publishers. “Chaos” is en route for the broader online economy, VC Joe Marchese of Human Ventures texted me this week, with the technology poised to reshape a decades-old system of online referrals and business building. [Read More]( --------------------------------------------------------------- [TriStar TV Sony Company logo]( [Sony to Close TriStar TV]( By Lucas Manfredi Sony Pictures Television is shutting down TriStar TV, the studio behind projects including Apple TV+’s “The Afterparty” and AMC’s “Lucky Hank.” TriStar will be absorbed into the company’s centralized development group. Development on the current TriStar slate will be handled by Sony Pictures Television’s drama development department going forward. [Read More]( --------------------------------------------------------------- [Trump Verdict Coverage Surpasses 10 Million Viewers Across Cable News Networks]( [he 2012 Tribeca Film Festival at the Tribeca Film Festival Box Office on April 10, 2012 in New York City.]( [OpenAI's Sora to Debut 5 Original Shorts Made Using AI at Tribeca Film Festival]( [Netflix Is King When It Comes to Spanish-Language Content | Charts]( [Tracker-Elsbeth-Blue-Bloods]( ['Tracker,' 'Elsbeth' and 'Blue Bloods' Finales See Highest Growth Across Broadcast in Delayed Viewing | Exclusive]( --------------------------------------------------------------- [WrapPRO 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](