Business
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Disney Password-Sharing Crackdown ‘Working Out Well’ for Subscriber Growth, CFO Says
The benefits of paid sharing will start to show in the beginning of 2025, Hugh Johnston tells UBS’ Media and Communications Conference
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Comcast’s Sky, Warner Bros. Discovery Settle ‘Harry Potter’ Series Lawsuit Over Denied Partnership
Both companies have agreed to “the dismissal with prejudice of all claims in the action” in a new court filing
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A+E Networks Ad Sales President Peter Olsen to Step Down, Toby Byrne to Take Over
The 20-year veteran is set to retire in February
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Comcast Cable CEO Predicts 100,000 Broadband Sub Losses in Q4
The forecast, which sent shares tumbling more than 9% on Monday, includes around 10,000 subscriber losses because of weather-related disruptions from Hurricanes Milton and Helene
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Omnicom to Acquire Rival Interpublic Group, Creating Ad Agency Powerhouse
The deal, which is expected to close in the second half of 2025, will create a combined company with over 100,000 employees and revenue of $25.6 billion
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Liberty Media Names Ex-Formula One CEO Chase Carey to Board of Directors
The executive previously spent years at various Murdoch-owned companies including News Corp and 21st Century Fox
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Condé Nast Cuts More Jobs in Another Round of Media Layoffs
Job cuts include 14 top executives and “several members” of GQ staffers, AdWeek reports
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Female Industry Leaders See Opportunity in Hollywood Contraction: ‘The Town Is Desperate for New Ideas Right Now’ | Video
Power Women Summit: Wondery CEO Jen Sargent says moments of adversity are the “ripest times for innovation”
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Vox Media Layoffs Leave Thrillist Essentially Shuttered, Eater ‘Blindsided’
“This close to holidays, their callousness is especially galling,” the Vox Media Union and Writers Guild of America East say in a joint statement
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With a ‘Wicked’ and ‘Moana 2’ Box Office Surge, Theaters Get Ready for a $2.2 Billion Overhaul
After weathering strikes and a pandemic, theater chains are planning to renovate swaths of multiplexes in 2025 and beyond
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Disney Declares Cash Dividend of $1 Per Share, a 33% Boost From Last Year
The dividend, payable in two 50 cent-per-share installments on Jan. 16 and July 23, 2025, is up from 75 cents paid during fiscal year 2024
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Nielsen’s Gracenote Names Bill Michels as Chief Product Officer | Exclusive
The firm provides metadata for over 40 million titles in more than 260 streaming catalogues
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Regal Cineworld Refinances Loan After Bankruptcy Restructuring Thanks to Thanksgiving Box Office
The theater chain says it will save $60 million in interest expense as it anticipates continued box office growth after “Moana 2,” “Wicked” and “Gladiator II” broke records
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David Ellison May Fold Paramount TV Networks Into Single Unit, Co-CEO Brian Robbins Might Exit | Report
Co-CEO George Cheeks is expected to stay following the Skydance merger, and CBS is the only network safe from possible sale
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Former CAA Agent Joel Begleiter Boards TFC Management as Partner
“He’s an incredible advocate, a very well-liked and well-respected executive, and a longtime friend,” company founders Ben Jacobson and David Stone say of the hiring
