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-Warner Bros. Merger Is on Pause. Here’s What Happens Next
Judge Araceli Martínez-Olguín has set a preliminary injunction hearing for Aug. 3
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Business
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Paramount’s Makan Delrahim Slams State AG Lawsuit: ‘Weaponization of Antitrust Law’
The media giant’s chief legal officer also reveals a list of possible concessions has already been sent to California’s Rob Bonta
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AMC Entertainment Stock Surges 14% as Q2 Revenue Climbs on Box Office Rebound
The movie theater chain’s second-quarter revenue grew 14% to $1.59 billion, though it posted a widened net loss of $11.4 million
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Business
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Netflix Paid $587 Million in Cash for Ben Affleck’s AI Startup InterPositive
The figure was disclosed in a regulatory filing by the streamer on Friday
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Paramount-Warner Bros. Merger: Judge Will Rule on Temporary Restraining Order by Wednesday
State AGs argued the $110 billion deal would give the combined company more leverage over movie theaters and cable distributors, increase consumer prices and reduce content output
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Democrat Lawmakers Urge DOJ to ‘Closely Scrutinize’ Fox’s $22 Billion Roku Acquisition
Sen. Elizabeth Warren and Rep. Becca Balint also asked the agency to commit to a review that is “free from political interference and in an impartial fashion”
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Netflix Stock Extends Losses Another 8% on Weak Forecast, Shift to Fewer Engagement Updates
Despite posting second-quarter results in-line with Wall Street expectations, it was not enough to quell investors’ concerns about the company’s future growth
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Judge Denies Preliminary Injunction in Paramount-Warner Bros. Consumer Lawsuit
Araceli Martínez-Olguín determined that plaintiffs failed to show irreparable harm or that their case would have a likelihood of success
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Netflix Shares Sink 8% as Execs Fend Off Wall Street’s Growth Concerns: ‘All Hours are Not Created Equal’
While second-quarter revenue increased, the streamer offered a tepid full-year forecast amid questions about audience engagement
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Paramount State AG Lawsuit Swaps Judges After ‘Appearance of Bias’ Request
The case is now under Judge Araceli Martínez-Olguín, who is overseeing a separate consumer lawsuit brought against the company
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Lionsgate Attracts Takeover Interest From Banijay
Europe’s Bollore Group and Mediawan have also reportedly expressed interest
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FCC Chair Doubts State AG Lawsuit Against Paramount-Warner Bros. Will Succeed
Brendan Carr says reports of California AG Rob Bonta’s interest in a CNN sale are “a bit of a tell that this really isn’t a legitimate antitrust case”
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Australia vs. AI: Prime Minister Promises Local Creatives ‘Strongest Possible Protection’ Against Copyright Theft
“Let me make this crystal clear: not everything produced in Australia is up for grabs,” Anthony Albanese warns
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12 State AGs Sue to Block Paramount-Warner Bros. Merger: ‘Protect This Iconic Industry’
“California’s film and entertainment industry touches the lives of Americans daily. We’re going to court to fight for a free and fair market,” Rob Bonta says
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Why Letterboxd Is a Hot Takeover Target | Analysis
The social network boasts a fiercely loyal and active community, but will a studio takeover upset that balance?
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Deals & M&A
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