Business
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Wells Fargo Downgrades Warner Bros. Discovery Stock on Lower Earnings Outlook, ‘Less Favorable’ M&A
Content licensing is a “double-edged sword,” say analyst Steve Cahall, who cut his price target to $12 per share
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Paramount Advertising Adds Spotify’s Emily Huo, TikTok’s Luke Peng
The pair will be tasked with overseeing the launch of Paramount Ad Manager, the company’s self-service advertising platform
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Paramount Exec John Halley Named Interactive Advertising Bureau’s Board Chair
The role with IAB was previously occupied by Dotdash Meredith’s Alysia Borsa
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Los Angeles Times Billionaire Owner Meddled in Dog Bite Story About Rich Friend
The interference in December came a few weeks before executive editor Kevin Merida resigned
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Slim Jim Pauses WWE Sponsorship Following Vince McMahon Sex Assault Suit
The longtime advertising partnership is on hold after disturbing allegations made against the company’s founder and board chair
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Axios Launches Entertainment Division Focused on Original Nonfiction Programming
Their first series, “The Money Game,” debuts on Amazon’s Prime Video later this year
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DirecTV, Cox Media Group Brace for Possible Programming Blackout
Over a million households could lose access to Cox’s 14 owned local TV stations on Feb. 2, including ABC, CBS, FOX and NBC affiliates
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Why Bob Iger Won’t Sell Disney’s Linear Assets | Exclusive
As Netflix tells the industry that M&A cannot save broadcast TV, Disney’s embattled CEO is still resisting a sale
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Paramount CEO Bob Bakish Says It’s ‘No Surprise’ Company Remains a ‘Topic of Speculation,’ Lays Out Growth Strategy for 2024
The company’s priority will be “driving earnings growth” through efforts including content licensing and workforce reductions
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Lionsgate Alternative Television to Partner With UTA
The studio’s unscripted TV division includes eOne, Pilgrim Media Group, Blackfin, Renegade and Daisybeck Studios
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Pirated Video Sites Cost Streamers $30 Billion a Year in Lost Revenue | Report
Despite crackdowns, roughly 130 US subscription piracy sites draw viewers looking for streaming bargains
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Comcast CEO Brian Roberts Addresses M&A Speculation: ‘I Love the Company We Have’
“While there may be speculation what we could do next, I’d like you to hear it directly from me,” the chairman and chief executive told analysts Thursday
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Comcast Posts Strong Q4 Results Bolstered by Parks and Peacock, Boosts Dividend by 7%
The media conglomerate’ posted adjusted net income of $3.41 billion, or 84 cents per share
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Skydance Bids for National Amusements in Paramount Takeover Strategy, Bloomberg Says
David Ellison makes his move as Shari Redstone weighs sale of Hollywood studio
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Verizon Launches Netflix Premium, Starz Bundle for $25.99 Per Month
The offering is available to the telecommunications giant’s postpaid mobile, 5G Home and LTE Home subscribers
