Layoffs Hit Paramount Advertising, Diddy Sent to Jail to Await Trial and Coppola Suit Against Variety Faces Long Odds

Plus: Gavin Newsom signs AI bills, ‘Beast Games’ contestants sue MrBeast and TikTok faces class action lawsuit [Paramount]( [Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce]( By Lucas Manfredi Paramount Advertising has become the latest victim of the media giant’s cuts towards 15% of its U.S. workforce designed to help generate annual run rate cost savings of $500 million across the company. The team is in charge of managing domestic multi-platform ad sales across CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount+, Pluto TV and other properties. It is unclear how many employees from the division have been impacted. [Read More]( --------------------------------------------------------------- [Diddy]( [Sean 'Diddy' Combs Sent to Jail to Await Trial on 3 Federal Counts of Sex Trafficking and Racketeering]( By Josh Dickey Sean “Diddy” Combs was sent to jail Tuesday, where he will await trial after pleading not guilty to three federal charges including racketeering conspiracy, sex trafficking and transportation to engage in prostitution, according to legal documents. The rap mogul had submitted a proposal to remain free on $50,000,000 bond, with his lawyers arguing that his voluntary surrender in New York shows he is not a flight risk. But prosecutors argued that his vast resources do, in fact, make him a flight risk; they also cited his “disposition for violence” and suggested he might try to interfere with the ongoing investigation if set free. [Read More]( --------------------------------------------------------------- [Francis Ford Coppola]( [‘Megalopolis’ Libel Suit: Variety May Make Francis Ford Coppola an Offer He Can't Refuse, Legal Experts Say]( By Josh Dickey Francis Ford Coppola is going to the mattresses against Variety with a $15 million libel lawsuit, a nasty bit of business that’s probably more about the “Godfather” director clearing his name of misconduct allegations than anything else, legal experts tell TheWrap. Odds are long for the case to ever make trial, let alone succeed, as California is among the toughest states for libel cases, First Amendment attorneys agree. But Coppola’s personal motivations and the media’s extreme allergy to issuing retractions will likely meet in some back-alley arena. And a settlement could involve embarrassing editorial concessions from the trade that has been better known in its 118 years for cozying up to Hollywood heavies than tearing them down. [Read More]( --------------------------------------------------------------- [Gavin Newsom and Fran Drescher]( [Gavin Newsom Signs AI Bills to Protect Actors’ Digital Likeness]( [MrBeast]( ['Beast Games' Contestants Sue MrBeast, Amazon for Sexual Harassment, Emotional Distress and Widespread Business NegligenceÂ]( [TikTok Faces Class Action Lawsuit for 'Repeatedly' Violating Children’s Online Privacy Laws]( [Instagram Adds Privacy Restrictions for Teen Accounts to Give Parents 'Peace of Mind']( --------------------------------------------------------------- [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](