Business
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Disney Sells Out Ad Inventory for 2024 Oscars Telecast on ABC
The rate for a 30-second spot during the telecast ranges between $1.7 million and $2.2 million
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How the Major Streamers Stack Up in Subscribers and Revenue | Charts
Netflix remains king in subscribers and average revenue per user, but Disney and Warner Bros. Discovery are making progress toward profitability
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Charter CEO Isn’t Convinced Fox-Disney-Warner Bros. Discovery Bundle ‘Scratches the Itch’ for Sports Fans
Chris Winfrey noted that the joint venture is an admission that “genre-based packaging is the way to go”
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Sony Pictures Entertainment Promotes Ravi Ahuja to President and COO
The TV chief, who will take on the expanded role effective April 1, will continue to report to chairman and CEO Tony Vinciquerra
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Rooster Teeth to Shut Down After 21 Years
The Roost Podcast Network will continue to operate while Warner Bros. Discovery “evaluates outside interest in acquiring this growing asset,” general manager Jordan Levin said
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Bob Iger Plans to Leverage Epic Games Deal to Build Disney Universe That Lives ‘Side by Side to Fortnite’
“We were really impressed with what Epic had been able to accomplish with ‘Fortnite,’” the CEO said at Tuesday’s Morgan Stanley conference
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Disney CEO Bob Iger ‘Working Hard’ to Avoid Getting Distracted by Activist Investors
“When I get distracted, everybody who works for me gets distracted and that’s not a good thing,” the executive told a Morgan Stanley investor conference on Tuesday
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Facebook, Instagram, Threads See Widespread Outages on Super Tuesday
Meta’s social media platforms go dark simultaneously; YouTube, Discord also experiencing problems
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Colin Firth’s ‘Wet Shirt’ From ‘Pride & Prejudice’ Up for Auction
The iconic costume is one of 69 worn by screen legends from Elizabeth Taylor to Madonna for sale in online charity auction
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Max Password Sharing Crackdown Is Coming, Warner Bros. Discovery Says
The streamer’s paid sharing initiative will launch later this year, with a broader rollout in 2025
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Trian Calls on Disney to Spend More on Lower-Cost Projects, Introduce ‘Streaming Margin’ Incentive for Execs in Long-Awaited White Paper
The activist investor is also calling for the entertainment giant to review the viability of Hulu + Live TV and explore more bundling opportunities
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Fox-Disney-Warner Bros. Discovery Sports App Targeting 5 Million Subscribers in First 5 Years, Lachlan Murdoch Says
The executive adds that he is not “overly concerned” about about the partnership from a regulatory perspective
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‘Duel to the Death’: Fubo CEO Raises Stakes in Disney-Fox-Warner Bros. Discovery Sports Streaming Legal Battle
“This is a very important process. We are sticking to our principles, to our guns,” David Gandler told analysts Friday
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Elon Musk Sues OpenAI, Claims Microsoft Deals Violate Founding Mission
Musk, a founder of the nonprofit behind ChatGPT, says contracts with tech giant show focus on profit rather than “benefit of humanity”
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Bill Weinstein Sues Verve to Be Reinstated as CEO
The former executive claims Bryan Besser and Adam Levine conspired to oust him from the agency they cofounded in 2010
