Business
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Disney+ and Hulu Swing to Combined Profit of $293 Million in Q1
Despite the continued improvements in streaming profitability, Disney+ shed 700,000 subscribers during the quarter
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Starz to Offer Content Through YouTube TV and Primetime Channels
The latest collaboration follows Starz’s bundles with Max and BET+ on Prime Video and AMC+ on Vizio
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Warner Bros. Discovery Taps Ryan Gould, Robert Voltaggio as US Ad Sales Presidents
The pair, who will report to chief revenue and strategy officer Bruce Campbell, will focus on go-to-market strategy and platform monetization, respectively
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Trump’s New FCC Chair Raises the Latest Hurdle in the Paramount-Skydance Merger | Analysis
Experts tell TheWrap they expect the $8 billion deal will ultimately pass its regulatory review, but one warned Brendan Carr can “ask for any conditions he wants”
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TV
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Fox Q2 Profit, Revenue Surge on Strong Political Advertising, Sports and Tubi
The media giant also reveals plans to launch a streaming service by the end of 2025
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Paramount, Nielsen Set New Ratings Measurement Partnership After 4-Month Standoff
The multiyear agreement resumes reporting of Paramount Global’s linear and streaming content
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Sony Moves to Take Over ‘Wheel of Fortune,’ ‘Jeopardy’ Distribution as Legal Fight With CBS Studios Heats Up
Sony sued CBS in October, alleging that the studio breached its contract by setting up licensing deals in Australia and other overseas markets
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Starz and BET+ Launch Bundle on Prime Video
The $15.99 per month offering marks savings of approximately 30%
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FCC Asks CBS News to Turn Over Full, Unedited Transcript and Camera Feeds of Kamala Harris ’60 Minutes’ Interview
“We are working to comply with that inquiry as we are legally compelled to do,” a network spokesperson tells TheWrap
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Forbes Cuts 5% of Jobs as Media Bloodbath Continues
The layoffs at the business outlet come after new CEO Sherry Phillips said Forbes failed to meet its financial goals
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Spectrum Parent Charter Communications Warns of Subscriber, Financial Impacts From LA Wildfires
The pay TV giant says the impact from the devastation will be included in its first quarter results for 2025
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‘The Pitt’ Lawsuit Decision Delayed as Judge Mulls Warner Bros. Discovery’s Request to Dismiss
Judge Wendy Chang issued a “soft tentative” denying WBD’s anti-SLAPP motion on Thursday
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Disney Entertainment, ESPN Tap Andre Rohe to Lead Product Engineering Group
The former Meta and YouTube executive will oversee a team of engineers focused on digital products and platforms
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Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
The media conglomerate beat Wall Street expectations, but shares fell over 12% after shedding a worse-than-expected 139,000 domestic broadband customers
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AFM Will Return to Los Angeles for 2025 Event
The annual film and television marketplace moved to Las Vegas in 2024
