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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How the Streamers Stack Up in Subscribers, Revenue and Profits | Analysis
A potential sale of Warner Bros. Discovery is poised to shake up the fight for dominance in the streaming landscape as Disney follows Netflix in paring back disclosures
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Business
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Warner Bros. Discovery Tweaks David Zaslav Pay Package Amid Strategic Review, Sale Talks
The move will let the chief executive retain his stock options in the event of a change in control of the company, per a new SEC filing
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Starz Q3 Loss Widens to $53 Million
The company shed 130,000 U.S. subscribers, driven by continued pressure on linear TV due to cord-cutting
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Business
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Fifth Season Secures 5-Year, $500 Million Credit Facility From J.P. Morgan
The bank’s support has allowed the independent studio to produce and finance more than 100 seasons of television, movies and documentaries
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Disney Will Hold Out As Long As YouTube TV Wants in Carriage Dispute, CFO Says
“As we entered the year, we knew this was going to be a challenging battle and we prepared ourselves for it,” Hugh Johnston tells CNBC as the standoff hits the two-week mark
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NBC Sports Network to Launch on YouTube TV on Nov. 17
It also will be available on Xfinity soon and roll out to other pay TV distributors at a later date
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Disney+, Hulu Combined Profit Grows 39% to $352 Million in Q4
Despite the strength in streaming, the media giant’s overall results were weighed down by declines at its entertainment linear networks and lower theatrical distribution
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Business
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House Democrats Accuse Paramount of ‘Stonewalling Congressional Oversight’ Amid Trump-CBS Settlement, Skydance Merger Investigation
Jamie Raskin and Frank Pallone Jr. say the media giant provided an “inadequate and incomplete response” that didn’t address their initial request and raised additional questions
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Goldman Sachs Takes Majority Stake in Excel Sports Management in Nearly $1 Billion Deal
The agency represents sports talent like Caitlin Clark, Derek Jeter and Tiger Woods and works with properties such as Formula 1, the NBA, EPL, NFL, MLB, MLS and NCAA
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Kevin Reilly, Former Fox and WarnerMedia Exec, to Lead AI Startup Kartel
The creative engineering company is developing AI systems for Fortune 500 brands, agencies and studios
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Tubi Sets First Slate of Digital-First Series From Creators Joey Graceffa, KevOnStage and More
The lineup includes content from Joey Graceffa, KevOnStage, Rock Squad, TheOneShu, Bigg Jah and Dan & Riya
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Versant Exploring Sale of Youth Sports Management Platform SportsEngine
Launched in 2008, SportsEngine offers software solutions to more than 16 million athletes, 1.2 million teams and 45,000 organizations
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Paramount Stock Jumps Over 9% After First Earnings Post-Skydance Deal
Despite the media giant’s “promising start,” analysts warned its turnaround would take a “significant amount of time”
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Disney Could Lose $60 Million in Revenue From YouTube TV Carriage Dispute
Morgan Stanley’s estimate, which is based on the standoff lasting for 14 days, would translate to about $4.3 million lost each day
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FCC Chairman Urges Disney, YouTube TV to End Carriage Dispute: ‘Get It Done!’
“People should have the right to watch the programming they paid for — including football,” Brendan Carr says
