Owl&Co estimates that the vertical video economy will reach $150 billion in revenue, excluding China, in 2026 — up from $106 billion in 2025. #microdramas#verticals
"To people who really care about keeping Hollywood in L.A., I would choose away from the candidate who has relied on sharing AI videos as his primary communication about these issues" - At a press conference, mayoral candidate @nithyavraman calls out @spencerpratt
"Hollywood was ready. City Hall just hasn't been acting."
At a press conference, mayoral candidate @nithyavraman pushed back on @KarenBassLA's handling of efforts to bring production back to Los Angeles, responding to comments Bass made to TheWrap.
"Anecdotally, Hollywood is not ready to accept a reality star as their political leader."
Despite backing from Hollywood heavyweights like David Foster, Brian Grazer and Jeanie Buss, @spencerpratt hasn't fully won over the entertainment industry.
An exclusive poll of TheWrap’s LA-based audience finds Pratt in second place in the mayoral race, but voters remain sharply divided over whether the reality star is a political disruptor or simply unqualified.
TheWrap’s @tessspatton breaks down the latest numbers: https://t.co/u45fNAhUt2
#MikeSchur introduces Councilmember Nithya Raman as she outlines her plan to bring film production back to LA.
“I love this city…Our best chance to keep Hollywood the center of the entertainment universe is to do everything we can to elect Nithya Raman,” he said.
A word from @thewrap EIC to all you paywall haters: Paywall is down today and will be all weekend as we move to a new system to better serve our readers. Enjoy! Here's our lead to check out:
Pratt has won over more of Hollywood’s elites than many expected.
#DavidFoster, the 16-time Grammy winner, hosted a backyard fundraiser for the mayoral candidate, while major Hollywood supporters include billionaire media mogul #HaimSaban, founder of Saban Entertainment and a longtime financial backer of the Clinton family.
Other Hollywood donors include:
-Academy Award-winning producer Brian Grazer
-“Rush Hour” producer Brett Ratner
-“Euphoria” executive producer Ashley Levinson
-Lakers president Jeanie Buss
-“Baywatch” and “Green Arrow” star Stephen Amell
See the full story: https://t.co/u45fNAhUt2
We conducted a survey asking TheWrap's Hollywood readership who they're voting for for mayor.
The poll of our LA-based, industry audience found Mayor Karen Bass led at 39%, with Pratt in second at 24% and Councilmember Nithya Raman behind him at 21%.
https://t.co/j3SIb0brda
Exclusive: Jane Fonda endorsed Los Angeles Mayor Karen Bass for reelection Thursday. The actor and activist has had a long-standing relationship with the incumbent mayor, having endorsed her in the 2022 race against Rick Caruso.
https://t.co/HHYbP8bPhS
Mayor Karen Bass fired back at her opponent Spencer Pratt on X Tuesday after he accused the incumbent of soliciting votes.
“Spencer is just mad that his supporters are AI cartoons and we have real Angelenos. We follow the rules,” Bass wrote.
https://t.co/vAJpl7Y3IT
Hello and goodbye to “The Late Show With Stephen Colbert.” The host delivered a mostly by-the-books episode of “The Late Show,” leaving the show on his own terms.
https://t.co/rUHbGSXJ8O
On-site at LA Valley College for today’s mayoral forum. Candidates scheduled to attend include Mayor Karen Bass, Councilmember Nithya Raman, Rev. Rae Huang and Adam Miller. Spencer Pratt declined to attend, citing a scheduling conflict.
“I’m open to eliminating or changing or waiving whatever is in the way.”
Mayor Karen Bass tells TheWrap's @tessspatton she’s prepared to cut more red tape to keep film and TV production in Los Angeles, as criticism mounts over the city’s delayed response to Hollywood’s production slowdown and the late appointment of a film liaison.
With reelection ahead and LA28 looming, Bass says the city needs to move faster if it wants to remain the industry’s production capital.
Read the full interview: https://t.co/NuBQHAEZu0