Business
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Roku Extends Gains, With Stock Up 13% in 5 Days
Guggenheim Securities maintained a buy rating on the stock earlier this week, citing “high conviction” it would see continued improvements in engagement and economics in 2025
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Disney Shareholders Reject Proposal to Cut Ties With Human Rights Campaign
Investors also voted in favor of Disney’s executive compensation and the election of its slate of board directors
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Joel Meyer to Succeed Gary Goodman as Lionsgate Television Worldwide Production Head
Goodman will take an early retirement package just one year after signing a multi-year deal to continue overseeing production of its scripted shows
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CAA’s Tim Beeding, WME’s Doug Singer and Chloe Garcia Join Wasserman Music
The executives will lead the fairs and festivals, global agent and tour marketing teams, respectively
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A Top NBCUniversal Exec Says Spinning Off Cable Networks Is About ‘Getting Back to Simplicity’
Office With a View: Matt Schnaars, president of platform distribution & partnerships, tells TheWrap how SpinCo will enable a much more focused approach
Available to WrapPRO members
Office With a View
Available to WrapPRO members
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Apple Loses $1 Billion Annually on Apple TV+ | Report
The streaming service has 45 million subscribers, according to The Information
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David Novak to Lead SpinCo Board of Directors as Chairman
The Yum! Brands co-founder and former CEO will assume the new role upon the spinoff’s completion
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Roku Shares Jump 7% as Analyst Predicts Engagement, Economics to Improve in 2025
Guggenheim Securities’ Michael Morris says the firm has “high conviction” the company will “exit the year at its strongest”
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Omnicom, IPG $13 Billion Merger Wins Shareholder Approval
The two advertising giants’ deal remains on track to close in the second half of 2025, subject to regulatory approval
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Google Strikes $32 Billion Deal for Wiz in Company’s Largest Acquisition Ever
Alphabet’s acquisition of the cloud security startup tops Google’s previous $12.5 billion record purchase
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The Battle for Your Attention: How Streamers Are Pushing to Boost Engagement
Netflix and its rivals are rolling out more live content and introducing product improvements to make discovery easier and more interactive
Available to WrapPRO members
TV
Available to WrapPRO members
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Super Bowl Bolsters Streaming to 43.5% Share of TV Viewing in February
Feb. 9 was the second most-watch watched day of TV in the history of Nielsen’s monthly Gauge reports
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
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NBCUniversal Sets Upfront for May 12
But the company has moved Telemundo’s annual opening night party to May 13 to get out of Amazon’s way
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Netflix Stock Upgrade Sends Shares Higher as Analyst Sees ‘More Runway for Growth’ With Pricing, Ad Tier
MoffettNathanson forecasts the ad tier will generate over $6 billion in advertising revenue in 2027 and almost $10 billion by 2030
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Village Roadshow Files for Chapter 11 Bankruptcy
The “Joker” production company cited continued fallout from a dispute with WB over the release of “The Matrix Resurrections” on Max
