Business
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Lionsgate Taps Brad Haugen to Lead Digital Strategy
The former Westbrook Media executive will oversee original content creation, brand partnerships and other digital storytelling initiatives for the studio
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How Lionsgate’s Spin-Off of Starz Will Unlock M&A Opportunities for Both | Analysis
The move will simplify both companies and make them “more digestible” for strategic buyers, one expert told TheWrap
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Business
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Netflix Revenue Jumps 12.5% to $10.5 Billion in 1st Quarter, Driven by Pricing, Subscriber Growth
The streamer also said that executive chairman Reed Hastings is transitioning to a non-executive role as board chairman
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Business
Available to WrapPRO members
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Google Holds an Illegal Monopoly on Online Ad Tech, Judge Finds
The ruling comes less than a year after another federal judge found Google has a monopoly over online search
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Trump Media Urges SEC to Investigate ‘Potential Manipulation’ of Stock
The company calls a $105 million short position against it “suspicious” because it was only disclosed in Germany
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CBS Granted Temporary Stay in ‘Jeopardy!,’ ‘Wheel of Fortune’ Legal Feud
The appeals court ruling comes after a judge backed Sony in its efforts to take back distribution rights to the syndicated game shows last week
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Netflix Shares Jump 5% as Streamer Eyes $1 Trillion Market Cap
The company is looking to double its revenue, triple its operating income and grow its subscriber base to around 410 million by the end of 2030, per The Wall Street Journal
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Will Trump’s Tariff Tirade Upend TV Upfronts? | Analysis
The White House’s trade policies are adding a new layer of caution and uncertainty for Madison Avenue ahead of Hollywood’s annual presentations to advertisers in May
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WrapPRO
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Netflix’s ‘Zero Day’ Added $146 Million to New York Economy
The production supported over 2,000 local cast and crew, per data released by the streamer and the Motion Picture Association
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Tariffs Push US CEO Confidence to Multi-Year Low in April, Survey Finds
Sixty-two percent of the 329 chief executives and business owners surveyed by Chief Executive Group expect a slowdown or recession in the next six months
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Business
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Apple Enjoys Wall Street Boost After 145% China Tariff Exemption
The world’s most valuable company has regained much of the $1 trillion that was shaved from its valuation following President Trump’s “liberation day” tariffs announcement
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Chris Cuomo Calls Out ‘Extremely Suspicious’ Trades Moments Before Trump’s Tariffs Pause | Video
Members of Congress should not be able to trade stocks, period,” the NewsNation host says. “This smells bad”
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Wall Street Inches Higher Even as China Ups Its Tariff on American Goods to 125%
“We are doing really well on our tariff policy,” President Trump insists as media and tech stocks open Friday to mixed results
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Warner Bros. Discovery CEO David Zaslav’s 2024 Pay Rises to $51.9 Million
The package marks a 4.5% increase from $49.7 million in 2023
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Warner’s John Malone Named Chair Emeritus, Won’t Seek Board Re-Election
“The partnership and friendship we’ve built over more than 30 years has been one of the true joys of my career,” Warner Bros. Discovery president and CEO David Zaslav says
