Business
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TelevisaUnivision Names Daniel Alegre as New CEO, Wade Davis Steps Down
The new chief executive takes office on Thursday
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Warner Bros. Discovery Adds Daniel E. Sanchez to Board of Directors
The attorney and public company director previously served on the boards of Starz and Lionsgate
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Netflix’s Ted Sarandos Calls for Streaming Viewership Transparency Ahead of Data Dump
The streamer will release a new report on Thursday as part of its biannual data dump
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Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce
The division is the latest victim in the media giant’s efforts to generate annual run rate cost savings of $500 million
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‘Baby Reindeer’ Creator Richard Gadd Inks Scripted Series First-Look Deal With Netflix
The multi-year pact comes fresh off the show’s six Emmy wins, including Outstanding Limited or Anthology Series
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Amazon CEO Ends Remote Work, Tells Staffers to Return to 5 Days In-Office
“We’ve decided that we’re going to return to being in the office the way we were before the onset of COVID,” Andy Jassy says
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EchoStar, AT&T Stocks Jump on DirecTV-Dish Merger Talk Reports
Shares of the satellite TV giants’ parent companies climbed over 7% and more than 2%, respectively
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Disney, DirecTV Reach Carriage Deal in Principle, Ending 13-Day Blackout
The agreement offers the satellite TV giant’s subscribers access to Disney’s linear networks and streaming services as well as genre-specific package options, such as sports, entertainment and kids & family
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Rupert Murdoch’s Fox, News Corp. Succession Family Drama Is Headed to Court
The media mogul wants to amend his trust to give son Lachlan more control – and James, Elisabeth and Prudence are pushing back
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Venu Sports Antitrust Trial Set for October 2025
Fubo won a bid to temporarily block Fox, Warner Bros. Discovery and Disney’s sports streaming joint venture last month
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Paramount Wasn’t ‘Hurt’ by Exclusion From Venu Sports Because It’s Focused on ‘Multi-Genre Offering’ Instead, George Cheeks Says
“I think a more robust offering that has sports and has news, it has entertainment, is a better offering for the consumer,” the co-CEO explains
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Max to Add More Than 6 Million Subscribers in Q3, David Zaslav Says
The Warner Bros. Discovery CEO predicts five or six players will remain after media consolidation, arguing it’s “next to impossible” to have a sustainable growth streaming business
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DirecTV Says Subscriber Losses During Disney Carriage Dispute Are Short-Term but ‘Not Immaterial’
CMO Vince Torres also slammed the conglomerate’s presidential debate offer as a “self-serving” PR ploy during ongoing negotiations
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Ari Emanuel Predicts Media Consolidation Will Leave Just ‘5 or 6’ Major Content Providers – a ‘Healthy Ecosystem’
The Endeavor CEO predicts that the contraction “will take approximately two to three years to play out”
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DirecTV and Disney Reject Opposing Debate Coverage Proposals Amid Carriage Dispute
The companies each offered solutions for how impacted customers could view the Harris-Trump debate, but both have been turned down
