Why CAA Sold, Summer Box Office Lessons and the Future of YouTube

Hollywood and the fashion world just got cozier [caa-sold-hollywood-fashion-gucci getty]( [Why a Hollywood Agency Sold to a French Fashion Giant | Analysis]( By Sharon Waxman PARIS – The intersection of Hollywood with the luxury industry just took an enormous leap forward with the acquisition of Creative Artists Agency by the French fashion and luxury giant led by Artemis CEO Francois-Henri Pinault. While historic in the sense that a fashion-led company has never before made this kind of investment in Hollywood, it also says a lot about the changing face of entertainment economics. Endorsement deals and fashion contracts for actors, musicians and sports figures represent a significant source of income for top talent (especially during a labor shutdown). [Read More]( --------------------------------------------------------------- [barbie-oppenheimer-barbenheimer]( [5 Lessons Learned From a $4 Billion Summer at the Box Office | Chart]( By Jeremy Fuster The 2023 summer box office season was many things, but never boring. Theaters saw meaningful progress as their industry continued to recover from the pandemic shutdown, while studios navigated through four months of record-setting hits and stunning flops. The final tally for the summer: $4.08 billion, 20% above last year’s $3.39 billion total and just 5.5% behind the $4.32 billion recorded in 2019 (though that total doesn’t include the opening week of “Avengers: Endgame.”) [Read More]( --------------------------------------------------------------- [YouTube Chief Business Officer Says Careers ‘Aren’t Always Linear’]( By Lucas Manfredi YouTube’s chief business officer Mary Ellen Coe often gets asked about how to break into the media industry. One observation she’s made in talking with members of younger generations is that they have “a sense that careers are linear.” “People will say, ‘Well, I’d like to be a CEO one day’ and I always share that careers are long and they are not always linear,” she told TheWrap for this week’s Office With a View. “What are you finding inspiring? What are you passionate about? Opportunities present themselves and being open to an opportunity that wasn’t necessarily planned at the time can take you off on a new path of growth.” [Read More]( --------------------------------------------------------------- [Elon Musk and Linda Yaccarino]( [Elon Musk Blurs Lines of Authority With X CEO, Report Says]( [Chris Winfrey (Charter Communications)]( [Charter CEO: ‘Sense of Urgency’ to Resolve Disney Dispute]( [Walt Disney World]( [Disney Narrows Claims in Florida District Fight]( [Sony Picks Andrew Reinsdorf for Public Policy Role]( --------------------------------------------------------------- [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](