Joaquin Castro ‘Concerned’ by UTA Inaction on Hinchcliffe, Ellison Will Control 100% of Paramount and Gorman Draws on Experience to Replace Iger

Plus: YouTube posts second-best sales quarter ever, Baltimore Sun shutters entire Features department and Vivendi sets December vote on 4-way split [UTA Tony Hinchcliffe]( [UTA Silent as Uproar Over Tony Hinchcliffe's Trump Rally Jokes Continues, Joaquin Castro 'Concerned' by Agency's Inaction | Exclusive]( By Umberto Gonzalez Tony Hinchcliffe’s racist jokes about Puerto Ricans and Latinos at a weekend Trump rally drew the ire of many this week, but UTA —the agency that represents the comedian — remains silent. Many would expect an agency to drop its client over such overtly racist remarks, and Texas congressman Joaquin Castro told TheWrap he’s “surprised” and “concerned” by the agency’s inaction. “It’s remarkable that they haven’t made a comment. I mean, they’re making money off the guy every time he performs, so for them to stay silent is remarkable,” Castro told TheWrap. “I do think that if it was somebody else, they would have been canned by now.” [Read More]( --------------------------------------------------------------- [David Ellison attends the 28th Annual Critics Choice Awards at Fairmont Century Plaza]( [David Ellison Will Control 100% of Paramount After Deal Closes]( By Lucas Manfredi Skydance Media CEO David Ellison will control 100% of the Ellison family’s voting interests in Paramount Global when the two companies’ $8 billion merger closes in the first half of 2025, according to an amended filing with the Federal Communications Commission on Tuesday. The filing, which is required due to the sale involving the transfer of broadcast licenses related to the CBS Television Network and local TV stations, states that David will be new Paramount’s chairman and CEO and the “sole manager” of Hikouki LLC, Furaito LLC, and Aozora LLC  — the entities through which the Ellison family will own and control National Amusements Inc. and the media giant following the transaction’s closing. [Read More]( --------------------------------------------------------------- [James Gorman and Bob Iger]( [James Gorman Draws on Succession Experience to Replace Disney’s Bob Iger]( By Lucas Manfredi James Gorman is set to conclude his 18-year run at Morgan Stanley at the end of December, which has included finding his own successor at the bank. But he’s already getting serious about his next challenge: finding Bob Iger’s successor at Disney. Gorman, who joined Disney’s board earlier this year and serves as succession planning committee chair, will take over as board chairman on Jan. 2, succeeding former Nike CEO Mark Parker. He has set “early 2026” as the timeframe for when the highly anticipated Iger successor will be named, which he says allows “ample time for a successful transition” before the Disney CEO’s contract expires at the end of 2026. [Read More]( --------------------------------------------------------------- [YouTube]( [YouTube Posts Second-Best Quarter Ever With $8.9 Billion in Sales]( [Baltimore Sun Axes Entire Features Department: 'These Draconian Measures Are Demoralizing']( [Vivendi Board Sets December Shareholder Vote on 4-Way Split of French Media Giant]( [netflix-streaming]( [Netflix, Disney, Comcast, Google, Warner Bros. Discovery and Paramount to Spend Combined $126 Billion on Content in 2024]( --------------------------------------------------------------- [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](