Business
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Taylor Swift Joins Forbes’ Billionaires Rankings
The “Gold Rush” singer is the first to make the magazine’s list of the world’s richest people on just music and ticket sales
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Silver Lake to Take Endeavor Private in $13 Billion Deal
The private equity firm estimates the sports and entertainment giant has a total enterprise value of $25 billion
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Sports Illustrated Owner Sues Arena Group, Claiming It Owes $48.75 Million
Authentic Brands says Arena Group majority owner Manoj Bhargava deliberately missed payments on magazine’s license so he could fire the staff, interfered with transfer to new publisher
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Another Major Shareholder Backs Disney as Proxy Battle Nears Conclusion
Norges Bank Investment Management votes for Disney’s board nominees ahead of Wednesday’s annual meeting
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A Shareholder Revolt Put Bob Iger in Power. Another One Could Strip Him of It
Two decades after the Save Disney campaign led by Roy Disney, Iger finds himself in the middle of a new quagmire
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Business
Available to WrapPRO members
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Steven Miron, Steven Newhouse Resign From Warner Bros. Discovery Board Amid DOJ Antitrust Probe
The senior executive officer and copresident at Advance are stepping down after disclosing an antitrust investigation into their memberships on the board
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Trump’s Truth Social Stock Plummets 25% on Reports of $58 Million in 2023 Losses
The filing also warns shareholders that the former president’s involvement and stake in the company could put it at greater risk
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Paramount Streaming Exec Domenic DiMeglio Explains How Paramount+ Capitalized on New Subs After Super Bowl
Office With a View: The CMO and head of data tells TheWrap how plans for the 2024 Super Bowl began an entire year before the big game
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TV
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Blackwells Capital Sues Disney Seeking Details of ValueAct Relationship
The latest development in the Disney proxy battle has the activist investor airing “credible suspicion of wrongdoing” at the House of Mouse
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NYC Retirement Systems Back Disney in Activist Investor Proxy Battle so Board Can Focus ‘on a Strategic Transformation’
“Nelson Peltz’s troubling performance on other company boards raise concerns about the value he would bring to the table,” city comptroller Brad Lander says
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Alamo Drafthouse Explores Sale, Reaches Out to Studios for Interest
The dine-in theater chain was sold to Altamont Capital Partners in 2021 after filing for bankruptcy
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Independent to Take Over BuzzFeed Sites in UK, Ireland — Including HuffPost and Tasty
The digital media brands will combine their publishing, data and advertising platforms as BuzzFeed continues to struggle
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The Atlantic Reaches Profitability, Tops 1 Million Subscribers
The multi-platform publisher has seen its subscriptions increase 14% in the past year
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YES Network, Fubo Strike Multiyear Carriage Agreement Ahead of New York Yankees Season Opener
The regional sports network’s coverage of the Yankees and Brooklyn Nets will be added to the sports streamer’s Pro base plan
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Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud
Disgraced former CEO of cryptocurrency exchange FTX was in federal court for sentencing on seven criminal counts Thursday
