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 Stock Sinks to 52-Week Low as Warner Deal Concern Overshadows Earnings Beat
While Netflix is excited about the $83 billion deal, Wall Street is less so
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Samsung TV Plus Surpasses 100 Million Monthly Global Users
The free, ad-supported service, which offers over 4,300 channels globally, has seen streaming hours increase by 25% year over year
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As Warner-Netflix Deal Races Ahead, Paramount Weighs Its Next Move | Analysis
With shareholders now set to vote earlier than expected, we weigh Paramount’s different options
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Deals & M&A
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Netflix Q4 Revenue Surges 17.6% as Streamer Reaches 325 Million Paid Subscribers
The growth was also bolstered by pricing changes and increased ad revenue, which totaled over $1.5 billion for 2025
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Business
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CNN Projected to Hit $1.8 Billion in Revenue, $600 Million in Profit for 2026
By 2030, revenue is expected to rise to $2.2 billion, per new projections from parent company Warner Bros. Discovery
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Discovery Global Is Worth Up to $6.86 Per Share, Warner Bros. Says
The cable network spinoff is projected to generate $17 billion in total revenue and $5.4 billion in adjusted earnings for 2026, per a new regulatory filing
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What to Expect From Earnings Amid Netflix-Paramount War for Warner Bros.
Wall Street is also keeping a close eye on Comcast’s next steps post-Versant spin and trends out of Disney’s streaming and theme parks businesses
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Business
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Christmas Day 2025 Shatters Streaming Record With 55.1 Billion Viewing Minutes
“Stranger Things” and NFL games on Netflix and Prime Video helped lift the category to an overall record 47.5% share of TV viewership for December
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TV
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Netflix Goes All-Cash in Revised Warner Bros. Offer for $27.75 Per Share
The amended deal, which will also include shares from the spinoff of Discovery Global, is designed to provide “greater certainty of value” and accelerate the path to a shareholder vote by April
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Trump Bought Netflix, Warner Bros. Discovery Bonds Following $83 Billion Merger Deal Announcement
A White House financial disclosure shows the president acquired up to $1 million worth of corporate bonds issued by each company in December
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Paramount CEO David Ellison Meets With UK Culture Secretary Amid Bids for Warner Bros. Discovery
The executive has also met with European regulators, while his $108.4 billion offer for WBD is under review by the U.S. Department of Justice
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Legendary Entertainment Sells $150 Million Minority Stake to Tokyo Broadcasting System
The move is part of a non-exclusive agreement to source and develop Japanese IP
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‘Dexter: Resurrection’ Season 2 Set as First Production to Film at Manhattan’s Sunset Pier 94 Studios
Paramount Television Studios has signed a lease for 70,000 square feet, with the Showtime series set to occupy two sound stages, production support and office spaces
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Kansas City Chiefs Media Programming Director on Getting Into the Original Content Game With Foolish Club Studios
Office With a View: Gelsomina Picariello breaks down Foolish’s plan to expand its programming beyond the NFL team
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Business
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Delaware Judge Dismisses Motion to Expedite Paramount Lawsuit Against Warner Bros. Discovery
David Ellison, who will extend the deadline of his $108.4 billion tender offer, is seeking more information about how WBD determined Netflix’s $83 billion deal is superior
