Business
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Skydance Television Head Matt Thunell to Oversee Paramount TV Studios
The executive will report to Paramount Television chair Dana Goldberg
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Wondery CEO Jen Sargent to Exit as Amazon Restructures Podcasting Studio
Narrative podcasts will move to Audible, while the brand’s creator-led content team will move to a new creator services division
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Paramount Streaming President and CEO Tom Ryan to Exit
He will be replaced by former Netflix executive Cindy Holland, who will serve as chair of the media giant’s direct-to-consumer division
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Spotify to Increase Premium Subscription Prices for Global Markets
Subscribers in markets across South Asia, the Middle East, Africa, Europe, Latin America and the Asia-Pacific will be affected
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New Paramount Leadership Team Unveiled Ahead of Skydance Merger Close
Cindy Holland will oversee streaming, while Dana Goldberg and Josh Greenstein will serve as co-chairs of Paramount Pictures
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Cinemark 2nd Quarter Revenue Surges 28% to $941 Million Off of ‘Minecraft’ and ‘Lilo & Stitch’
The theater chain posts net profit of $95 million, or 63 cents per share after box office rebounds from a weak start to 2025
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Warner Bros. Sets Post-Split Multiyear Contracts With JB Perrette and Bruce Campbell
The executives serve as global streaming and games CEO and chief revenue officer, respectively
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Roku Turns a Profit as Revenue Rises 15% to $1.1 Billion
Platform revenue rose 18% thanks to video advertising and the company’s acquisition of Frndly
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Business
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Paramount Licensing Chief Dan Cohen Exits Ahead of Skydance Merger
The executive was also president of the company’s revived acquisition arm Republic Pictures
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UTA, Michael Kassan ‘Amicably End’ Legal Battle Over Exit
The agency initially claimed it fired Kassan for misappropriating company funds, while the MediaLink founder said he resigned
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Fox Corp. Buys One-Third Stake in Penske Entertainment for $125 Million
The deal includes a multiyear extension of Fox’s IndyCar media rights, after the network began airing races earlier this year
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Meta Stock Jumps 13% to All-Time High as Zuckerberg Touts AI Ambitions
The parent company of Facebook and Instagram has seen its share price blitz from $90 to $784 in the last three years
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Comcast Profit Jumps 183% on $9.4 Billion Sale of Hulu Stake
Revenue for the second quarter hit $30.3 billion, up 2% year-over-year
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Warner Bros. Motion Picture Group to Cut 10% of Staff Across Marketing, Distribution and Production
Affected staffers also include those in the strategy, operations and theatre ventures departments
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Paramount Needs ‘South Park’ — Despite the Ridicule and $1.5 Billion Price Tag | Analysis
Here’s how Matt Stone and Trey Parker keep securing those massive paydays
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TV
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