Business
-
What’s Behind Endeavor’s Talk of Going Private, Selling Assets | Analysis
Analysts agree it’s undervalued, but majority owner Silver Lake believes going private is a better way to bump up the agency-turned-lifestyle company
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Charter Loses 320,000 Residential Video Customers in Q3, Including 100,000 From Disney Carriage Dispute
Shares of the pay-TV giant fell as much as 9% in pre-market trading Friday after reporting an earnings beat of $8.25 per diluted share and revenue miss of $13.58 billion
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Amazon Triples Net Income With $10 Billion in Q3, Driven by Boosts in Advertising
The superstore/tech giant reported $143 billion in revenue, topping both Wall Street’s estimates and the company’s own projections
-
Comcast CEO Brian Roberts Says Disney-Charter Deal ‘Not One Size Fits All’
“I think we are in a good position to be a bridge builder,” Comcast Cable CEO Dave Watson says of the company’s own carriage negotiations
-
Millennials Are the Key Audience for Ad-Supported Streaming, Samba TV Says
About 68% of millennials surveyed by the analytics firm said they have an ad-supported streaming subscription – more than any other generation
-
Comcast Stock Slips on Ad Revenue Slump, Broadband Subscriber Losses Despite Q3 Earnings Beat
Peacock added 4 million paying subscribers during the quarter for a total of 28 million
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Silver Lake Exploring Proposal to Take Endeavor Private
The private equity firm’s statement comes after the WME owner said it would launch a review to evaluate “strategic alternatives”
-
Meta Reports 23% Increase in Q3 Revenue to $34.1 Billion, Citing Savings From Restructuring Costs
Facebook and Instagram parent beats analysts expectations and says it “substantially completed” planned layoffs that have shrunk its headcount by 24%
Available to WrapPRO members
News
Available to WrapPRO members
-
Warner Bros. Discovery Resets Global Consumer Products and Franchises Exec Team as Pam Lifford Exits
Robert Oberschelp will become the new division chief
-
Apple Hikes Prices for Apple TV+, Apple News+, Apple Arcade and Apple One Bundles
An Apple TV+ subscription now costs $9.99 per month, up from $6.99 per month
-
‘Oppenheimer’ Boosts Imax Q3 Revenue 51% to $104 Million
The premium format is up over 50% year-over-year and earned $347 million at the global box office last quarter
-
Shelley Zimmerman, David Wolkis Join Skydance Television
The move comes as an effort to strengthen the studio’s creative development and physical production teams
-
The Messenger Staffers Stir Unionization Talk Amid Whispers the Startup News Site Is ‘Out of Money’ (Report)
The site launched in May with $50 million backing, but draws a fraction of its promised traffic of 100 million monthly views
-
Disney Nearing Deal to Sell India Operations to Reliance Industries (Report)
The Star India business was included in the $71.3 billion acquisition of 21st Century Fox’s entertainment assets in 2019
-
Tucker Carlson Finally Lands First Advertiser for X Show
Four months after launch, Public Square is coming aboard with a commitment of “at least $1 million”
