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-WBD Unveil Plans for Newly Formed Company as Board Approves $110 Billion Merger
30 theatrically released films per year, streaming synergies and more are part of David Ellison’s vision
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FCC Approves $34.5 Billion Charter-Cox Merger
The agency’s chairman Brendan Carr says the deal will bring greater connectivity and economic opportunity to rural America, keep jobs in the U.S. and protect against “DEI discrimination”
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Netflix Stock Rises Another 10% After Dropping Out of Warner Bros. Bidding War
Shares of Paramount Skydance also jumped another 14% on Friday
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Warner Bros. Activist Investor Says Paramount Deal Is ‘Win-Win’ for Shareholders and Hollywood
“We’re thrilled to have shined a light on the need for the WBD Board to pursue a larger, more certain deal with Paramount,” Ancora Holdings says
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Warner Bros. Discovery CEO Says Paramount Deal Will Create ‘Tremendous Value’ for Shareholders
David Zaslav also thanked Netflix’s Ted Sarandos, Greg Peters and Spencer Neumann for being “extraordinary partners” throughout the sale process
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Netflix Stock Surges Over 9% After Streamer Bows Out of Warner Bros. Race
Shares of Paramount jumped 5.2% in after-hours trading on Thursday, while WBD fell 1.9%
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Netflix Bows Out of Warner Bros. Race, Declines to Match Paramount’s Bid
The streamer says a deal is “no longer financially attractive” after Paramount upped its offer to $31 per share
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Warner Bros. Discovery Board Determines Paramount Skydance’s $31 Per Share Offer Is ‘Superior Proposal’ to Netflix Bid
The streaming giant will have four business days to match David Ellison’s latest offer
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Starz Tops 17 Million Subscribers, Driven by ‘Power Book IV: Force’ Season 3 and ‘Spartacus: House of Ashur’
The company added 370,000 streaming subscribers during the fourth quarter, but shed 200,000 linear TV subscribers
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Senate Sets 2nd Netflix-Warner Bros. Antitrust Hearing
The hearing will examine competition and monopsony concerns around the $83 billion deal
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Netflix’s Ted Sarandos to Meet With AG Pam Bondi, White House’s Susie Wiles
The meeting comes as the regulator is reviewing the streamer’s $83 billion bid for Warner Bros. Discovery’s studio and streaming assets
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Scripps CEO Adam Symson Extends Contract Through 2029
The extension comes as the company embarks on a transformation plan to generate $125 million to $150 million in EBITDA by 2028
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Warner Bros. Discovery Tops 131 Million Streaming Subscribers Amid M&A Drama
The media giant, pursued by both Netflix and Paramount, saw fourth-quarter results hurt by pay TV subscriber declines and the loss of NBA rights
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Paramount+ Revenue Climbs 17% as Streamer Hits 79 Million Subscribers
But the David Ellison-led media giant posted an overall loss of $573 million in its fourth quarter as the linear TV business continues to decline
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FCC Asks for Public Comment on Sports’ Migration From Broadcast TV to Streaming
The agency is looking to better understand the marketplace, consumer experience and how the shift is impacting TV stations’ ability to deliver local news, information and other programming