Business
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NBCUniversal Promotes Joaquin Duro to Telemundo Sports EVP
The network’s senior vice president of AVOD streaming and digital succeeds Eli Velazquez, who will exit at the end of the month
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Paramount Notifies 66 New York Based-Employees of Layoffs in December
The notification comes as the media giant looks to cut 15% of its U.S. workforce
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Sean ‘Diddy’ Combs Rooming With Sam Bankman-Fried in Same Prison ‘Dormitory-Style’ Space
The unlikely pair are currently bunking with a group of other defendants in Brooklyn’s Metropolitan Detention Center
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Paramount+ Comms Team Gutted in Latest Round of Layoffs
The media giant’s second round in its 15% U.S. workforce reduction began Tuesday
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Liberty Broadband Stock Soars 25% on Charter Communications Merger Counterproposal
The John Malone-controlled company proposes an all-stock transaction to give shareholders 0.29 Charter shares per Liberty share
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Warner Bros. Discovery Teams With Google Cloud for AI-Powered Captioning
The partnership, which will initially be applied to the studio’s unscripted programming, is designed to significantly reduce production time and costs
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NBCUniversal Overtakes YouTube, Disney in Nielsen Media Distributor Gauge for August
Boosted by the Paris 2024 Olympics and the DNC, the media giant finished the month with a record share of 13.4%
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SEC Pursues Sanctions Against Elon Musk in Twitter Probe
Musk’s “gamesmanship and delay tactics must cease,” the government agency protecting investors says in court filing
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Barry Diller: Netflix, Amazon, Apple Are ‘Really the Controllers’ of Hollywood
The difference in resources is “astronomical” between legacy studios and tech companies, the IAC chairman says
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Netflix’s Greg Peters Says ‘Super Hype Bump’ of AI Adoption Has Passed
“There’s a long road to go ahead of us before those things start to really take grip in a significant way,” the streamer’s co-chief executive says
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Former Disney Comms Head Zenia Mucha to Take Over Marketing at TikTok as Kate Jhaveri Exits
Mucha, currently the social video platform’s chief brand and communications officer, adds marketing to her duties starting Monday
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WME Co-Chairs ‘Optimistic’ for Hollywood’s Future Despite AI, Media Consolidation Fears
“We have real confidence in the power of art. There’s real demand for it – that hasn’t changed,” Christian Muirhead says
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Not Just Netflix: Sony Pictures CEO Says Streaming ‘Will Be Profitable’ for Other Services, Too
Cable, meanwhile, is a business “rapidly declining,” Tony Vinciquerra suggests
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Paramount Streaming, Showtime Publicity EVP Erin Calhoun to Exit
The executive, who has overseen communications and campaigns at Paramount+, Pluto TV and Showtime for the past seven years, will depart at the end of September
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How Snapchat Plans to Turn It Around After a Brutal 88% Stock Drop | Analysis
CEO Evan Spiegel is betting on a streamlined app and new hardware to boost Snap’ s battered business
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Business
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