Lucas Manfredi is a TV Business reporter at TheWrap, writing about the programming, executives and trends in the television and streaming industries. Prior to joining the TheWrap in November 2022, he spent four years at Fox Business as a production assistant and a reporter on its digital team. He has a Bachelor of Science in Television-Radio production from Ithaca College and can be reached at lucas.manfredi@thewrap.com.
Experience:
Resides In:
New York, NY
Education:
Lucas received a Bachelor of Science degree in Television-Radio from Ithaca College
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Paramount Launches Global Publishing Imprint
The unit, which is led by Amy Jarashow and will initially launch in the U.S. and Canada, will develop content inspired by the media giant’s portfolio of brands and franchises as well as original IP
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Jeff Shell Out as Paramount Skydance President
The media giant has been conducting an internal investigation into claims brought against the executive by whistleblower and Las Vegas gambler R.J. Cipriani
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Bill Ackman’s Pershing Square Submits $64.4 Billion Takeover Bid to Acquire Universal Music Group
The firm says UMG’s stock price has “languished” due to a combination of factors that can be addressed with its proposed deal
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Paramount Confirms Middle East Sovereign Wealth Fund Investment to Back Warner Bros. Deal
The David Ellison-owned media giant says their participation is an “important milestone” in the $110 billion deal
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Italy Ruled Netflix’s Price Hikes Are Illegal. Will the Rest of the EU Follow? | Analysis
“Europe is now the real legal risk for Netflix’s pricing model,” one expert tells TheWrap
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TV
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CBS’ Late Night Future: Byron Allen’s ‘Comics Unleashed’ to Take Over ‘Late Show’ Timeslot After Colbert Finale
Allen Media Group’s “Funny You Should Ask” will also fill the network’s late night hours
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Paramount Secures $24 Billion Commitment From Middle East Sovereign Wealth Funds for Warner Bros. Deal
Saudi Arabia’s Public Investment Fund will provide roughly $10 billion
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Starz CEO Jeff Hirsch’s 2025 Pay Hits $6.75 Million
The figure covers the nine-month transition period spanning April 1 to Dec. 31 as the company separated from Lionsgate
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Amazon MGM Studios Restructures Worldbuilding & Genre Series Team, Matthew King and Adrienne O’Riain Exit
Tom Lieber expands his oversight as the worldbuilding division’s head of creative affairs
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Film and Sound Recording Industries Shed 1,100 Jobs in March
The decline puts the sector’s total jobs at 337,400 for the month, according to the latest report from the U.S. Bureau of Labor Statistics
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State AGs Are Pushing Back Against Media Consolidation. Is It Too Late?
Experts told TheWrap that Nexstar-Tegna’s temporary restraining order could embolden the states to pursue a legal fight against Paramount-Warner Bros.
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Deals & M&A
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Jeff Shell Enters Preliminary Talks for Paramount Exit
The discussions come as the executive is embroiled in a legal dispute with former whistleblower and Vegas gambler R.J. Cipriani
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Sam Altman Says OpenAI and Disney Are Still in Talks About Collaborating Despite Sora Shutdown
The CEO says he gave Disney’s Bob Iger and Josh D’Amaro a heads up prior to the decision
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Nielsen Strikes Multi-Year Measurement Deal Renewal With TelevisaUnivision
The deal will cover the Spanish-language media company’s national and local broadcast, cable, streaming and radio properties, including Univision and ViX
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Versant Acquires AI-Powered Financial Insights Firm StockStory
Versant says the deal will strengthen CNBC’s ability to provide real-time, data-driven insights to investors
