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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Netflix, Ryan Coogler’s Proximity Media Television Strike Multi-Year Partnership
The multi-platform media company, also founded by “Sinners” producers Zinzi Coogler and Sev Ohanian, will exclusively develop new series for the streamer
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Senate Judiciary Committee Clears No Fakes Act
The legislation is aimed at cracking down on the use of unauthorized AI deepfakes
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What’s Netflix’s Next Growth Engine?
The streaming king has expanded into areas like advertising, live events, video podcasts and gaming to boost growth, but is it enough to reach $1 trillion?
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Business
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Netflix Isn’t Interested in Lionsgate Despite Takeover Speculation
Shares of the Hollywood studio jumped 13% after Semafor reported the streamer was interested in a potential acquisition
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Freedom of the Press Foundation Accuses Paramount of Blocking Ad Critical of Warner Bros. Merger
The ad, which also takes aim at the Ellison family and President Donald Trump, would have run during the UFC’s Freedom 250 event on Paramount+
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DOJ’s Clearance of Paramount-WBD Merger Surprised Staff Investigators | Report
The Wall Street Journal reports that a group of career lawyers were due to recommend a lawsuit to challenge the $110 billion merger
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How Roku Will Supercharge Fox’s Streaming and Advertising Businesses | Analysis
But the $22 billion deal could also prompt scrutiny from regulators and content partners over Roku’s neutrality and the combined entity’s FAST services
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Deals & M&A
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Justice Department Clears Paramount-Warner Bros. Merger
The regulator determined that the $110 billion deal is “not likely to result in harm to competition or American consumers”
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Roku Stock Surges 20% on Sale Talks
Bloomberg reports that the streamer and hardware maker has been in discussions with at least one U.S. media company about a potential combination
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Warner Bros. Shareholders Reject David Zaslav’s $165 Million Pay Package for 2025
The non-binding vote comes after investors also rejected an up to $887 million golden parachute back in April
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Elon Musk Becomes World’s First Trillionaire as SpaceX Surges After IPO
Ari Emanuel, Bryan Lourd, Michael Kives and Mark Burnett could all benefit as early investors
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Fubo, NBCUniversal Reach New Distribution Deal, End 6-Month Programming Blackout
The agreement restores content from NBC, Telemundo, Bravo, Universo, the NBC Sports Network and regional sports networks in the Bay Area, Boston, California and Philadelphia
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Foreign Investment in the Paramount-WB Merger Under Review by European Commission
The David Ellison-led media giant previously disclosed that foreign investors would control 49.5% of the equity of the combined company
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Paramount Adds Former Biden White House Staffer as US Government Affairs VP
Shuwanza Goff will serve as the media giant’s lead Democrat government affairs official starting July 6
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Netflix’s ‘Stranger Things: The First Shadow’ to Close on Broadway, West End
Nearly 1.6 million tickets have been sold across both productions, with over 1,500 performances
