Steve Mnuchin Eyes TikTok Purchase, UK Moves to Block Telegraph Sale and UTA Deal With Kassan Blows Up

Plus: Court dismisses part of Leah Remini's Scientology harassment suit, Allen Media strikes multi-year deal with Charter and ‘Shogun’ is a breakout streaming hit [Steven Mnuchin, a man with light-toned skin, looks at the camera as he stands in front of a hallway with others behind him. He wears a suit.]( [Former Treasury Secretary Steve Mnuchin Eyes TikTok Purchase After House Vote]( By Eileen AJ Connelly Former Treasury Secretary Steven Mnuchin said Wednesday he is putting together a group of investors to that will try to buy TikTok, which may soon be forced to come up for sale. The one-time Goldman Sachs executive told CNBC he will lead a group in an attempt to take over China-based ByteDance’s hugely popular short video app, after legislation demanding it be sold to a US company or banned outright moves to the Senate after overwhelmingly passed in the House of Representatives. President Biden has said he will sign the bill. [Read More]( --------------------------------------------------------------- [Jeff Zucker's Telegraph Buyout Likely Dead as UK Government Moves to Block Sale]( By Eileen AJ Connelly and Emily Smith Jeff Zucker’s bid to buy the UK’s Telegraph Group is all but dead after Prime Minister Rishi Sunak set out plans to change the law to prevent foreign states from buying British news outlets. Zucker, the CNN chief, is now CEO of media investment firm RedBird IMI, which is backed by an Abu Dhabi fund controlled by UAE Vice President Sheikh Mansour bin Zayed al-Nahyan — who also owns the Manchester City football club. [Read More]( --------------------------------------------------------------- [UTA CEO Jeremy Zimmer and Michael Kassan]( [UTA vs. Michael Kassan: A $125 Million Deal With an Advertising Powerhouse Blows Up]( By Alexei Barrionuevo and Emily Smith A pair of reputation-destroying lawsuits between UTA and its star rainmaker Michael Kassan burst into public view this week in an extraordinary airing of nasty gossip from a relationship that should have been a massive business win. The legal salvos are damaging for both UTA CEO Jeremy Zimmer, who usually likes to keep his business private, and Kassan, the smooth-talking executive now engaged in vicious invective against his former friend. [Read More]( --------------------------------------------------------------- [Leah Remini attends the 2019 Creative Arts Emmy Awards in Los Angeles]( [Part of Leah Remini’s Scientology Harassment Suit Dismissed Over Free Speech Defense]( [byron-allen-Michael-Bezjian-Getty-Images]( [Allen Media Group, Charter Communications Strike Multi-Year Carriage Agreement]( [Hiroyuki Sanada in Shogun]( [‘Shogun’ Is a Bonafide Breakout Streaming Hit | Charts]( [Actor/comedian Kevin Hart attends the Netflix's "True Story" New York Screening at the Whitby Hotel on November 18, 2021]( [Netflix Inks Multiyear Deal to Stream Mark Twain Prize for American Humor]( --------------------------------------------------------------- [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](