Business
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Paramount Global to Lay Off 800 Amid Major Cost-Cutting Moves
Memo from CEO Bob Bakish outlines “streamlining costs” as company aims to return to profitability
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Amazon Prime Video Sued for Misleading Subscribers With New Ad Tier
The class action lawsuit filed Friday cites breach of contract and state consumer protection law violations
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Freeform Remains ‘Dedicated’ to Female YA Audience, Disney’s Craig Erwich Says
The executive touted a “full slate” for the network in 2024 despite no scripted series in the works
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Brent Magid Says Hollywood ‘Can’t Just Create From a Spreadsheet’ – but Consumer Data Is Still ‘Crucial’
Office With a View: Focusing on what audiences have already done is “only part of the picture,” the research executive tells TheWrap
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Office With a View
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FX Boss Says Streaming Wars Are ‘Far From Over’ Despite Industry’s Licensing Pivot
“Competition creates quality,” John Landgraf told reporters during the Winter Television Critics Association press tour on Friday
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Onyx Collective Inks First-Look Deal With Manolo Caro and Woo Films
The “House of Flowers” creator and company cofounders Rafael Ley and Maria Jose Cordova will develop new projects for the Disney Entertainment TV brand
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Paramount Global’s Bob Bakish Hedges on Potential Sale: ‘There’s Extraordinary Value’
The CEO “won’t discuss speculation” on reports of bids for the company, but engages in his own on Taylor Swift making it to the Super Bowl
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Disney Testing AI That Matches ‘Mood’ of Programming to Ads
“Magic Words” is in beta testing with 10 major ad agencies
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Cable Group Calls for Justice Department to Review New Disney/Fox/WBD Sports App
ACA Connects, which represents small cable services, sees the plan as anticompetitive — but some local operators disagree
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AMC Networks CEO: Viewers Need Simplified TV Landscape
The scattered offerings now force viewers to create their own cable bundles, CEO Kristin Dolan said
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AMC Networks’ Q4 Streaming Gains Can’t Offset 30% Revenue Plunge, Shares Dive 19%
The parent of IFC Films and SundanceTV posted a narrower loss than last year as it booked charges for the sale of 25/7 Media, value decline of BBC deal
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Lionsgate Revenue Slips 2.5% in Fiscal Q3 Due to Strikes, Restructuring
Despite box office success with “Hunger Games,” studio takes $43.5 million operating loss as strikes shut down TV production
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TV
Available to WrapPRO members
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Disney Shares Leap 10% as Wall Street Cheers Positive Earnings, New Initiatives
In addition to a solid Q1, Disney announced a huge move into gaming and a pact to launch new sports streaming service
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Thomson Reuters Credits AI Deals for Q4 Revenue Boost
The news and information agency said it is in “growth and investment mode” as broader industry struggles
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Nelson Peltz’s Trian Slams Disney After Earnings Report: ‘We Saw This Movie Last Year and We Didn’t Like the Ending’
The activist investor seeks to join the media conglomerate’s board at its next investor meeting
