Disney to Announce Major AI Initiative, LA DA Says Menendez Bros Should Be Resentenced and TKO Buys Endeavor Assets for $3.25B

Plus: 'Venom 3' tries to strike once again, Playboy rejects Cooper Hefner's offer and WWE fans shocked by WrestleMania ticket prices [Disney logo]( [Disney Poised to Announce Major AI Initiative | Exclusive]( By Adam Chitwood and Sharon Waxman The Walt Disney Co. is poised to announce a major AI initiative that will transform its creative output, individuals with knowledge told TheWrap on Thursday. The initiative is said to involve “hundreds” of people at the company and will primarily focus on post-production and visual effects. [Read More]( --------------------------------------------------------------- [Erik Menendez, Lyle Menendez (ABC)]( [Menendez Brothers Should Be Resentenced and Made Eligible for Parole, LA DA Says]( By Sharon Knolle and JD Knapp Los Angeles County District Attorney George Gascón recommended on Thursday that Erik and Lyle Menendez have their current sentences of life without parole be struck down and that they be considered eligible for parole immediately. “I believe they have paid their debt to society,” Gascón said of the more than 30 years that each has already served, also citing “the things they have done to help the lives of others” while in prison. The brothers were 19 and 21 when they shot and killed their parents, Jose and Kitty Menendez, in 1989. [Read More]( --------------------------------------------------------------- [PBR me]( [TKO Buys On Location, IMG, Professional Bull Riders From Endeavor in $3.25 Billion All-Equity Deal]( By Josh Dickey and Lucas Manfredi TKO Group Holdings has entered into an agreement to acquire Professional Bull Riders, On Location and IMG from its majority owner Endeavor Group Holdings for $3.25 billion as it looks to expand its operational footprint. The all-equity transaction, which is slated to close in the first half of 2025, will increase Endeavor’s ownership in the UFC and WWE parent from 53% to 59% upon completion, while the other existing TKO shareholders will own 41%. [Read More]( --------------------------------------------------------------- [Venom: The Last Dance]( [‘Venom 3’ Tries to Make Box Office Lightning Strike One More Time]( [Cooper Hefner (center) The Cosmopolitan of Las Vegas on July 28, 2018]( [Playboy Rejects Cooper Hefner's $100 Million Offer to Buy Company, Says It 'Substantially Undervalues' Assets]( [A man on the left with medium-toned skin is about to be thrown into the turnbuckle by a man on the right, with light-toned skin. They are Dwayne "The Rock" Johnson and Cody Rhodes. They are in a wrestling ring at a live event, with bright lights in teh background.]( [WWE Fans Shocked by Skyrocketing WrestleMania 41 Ticket Prices: 'How Do You Get Away With This?']( [David Ellison, Skydance Tap Cindy Holland as Senior Advisor Ahead of Paramount Merger]( --------------------------------------------------------------- [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](