Business
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Endeavor Beats Q2 Expectations Ahead of UFC-WWE Merger
The deal, which creates the $21.4 billion TKO Group Holdings, will close in mid-to-late September
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Puck Raises More Than $10 Million in Series B Round
The digital media startup completed a successful round of funding last week to expand services and bring on more staff
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Elon Musk-Owned X to Expand Brand Safety Features for Advertisers
The social media platform formerly known as Twitter is attempting to recoup advertising losses with improved advertising capabilities
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Nexstar CEO Talks ‘Moneyball’ Strategy for The CW and Not Creating Content That ‘Ultimately Ends Up on Netflix’
“This is a 15-year-old network that now has a startup mentality,” says Perry A. Sook during the second quarter earnings call
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EMEA Boss Priya Dogra to Exit Warner Bros. Discovery After 14 Years
The executive, who has served in the role since the merger of Discovery and WarnerMedia, will depart later this year
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Why Disney’s Future Is Up in the Air | Analysis
Bob Iger must use Wednesday’s earnings to placate strikers, woo back Wall Street and find partners – all while thinking of his succession
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Fox Corporation Modestly Beats Estimates in Q4 With $3.03 Billion in Revenue
The media company reports 74 cents in earnings per share for its fourth quarter as it moves past Dominion lawsuit
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Nexstar Falls Just Below Estimates in Q2 With $1.24 Billion in Revenue
The largest TV station owner in the U.S. reported diluted earnings of $2.88 per share as it continues to revamp The CW
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AMC Entertainment Swings to Profit on Strong Q2 Box Office
The nation’s largest theater chain saw revenue jump 15.5% as hits like “Super Mario Bros.” drew more than 66 million customers
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Paramount Global to Sell Simon & Schuster to Investment Firm KKR for $1.6 Billion
Upon the deal’s close, the book publisher will become a standalone private company run by its current CEO Jonathan Karp and CFO Dennis Eulau
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Paramount Global Reports Mixed Q2 Results as Streaming Subscribers Hit 61 Million
The media conglomerate behind MTV and CBS reported a diluted loss of 59 cents per share on revenue of $7.6 billion
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Jeff Zucker-Led RedBird IMI Launches EverWonder Studio to Focus on Nonfiction Content
The joint venture with Ian Orefice, who launched Time Studios in 2020, will be based in New York
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The CW Network President Dennis Miller Extends Contract Through 2027
The executive joined the network in 2022 after it was acquired by Nexstar Media Group
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Business
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Cinemark Rides Strong Second Quarter to $942.3 Million in Revenue
Theater chain beats projections thanks in part to hits like ” Super Mario Bros. Movie” and “Across the Spider-Verse”
