Business
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A3 Agency Chairman Adam Bold Accused of Sexual Misconduct, Drug Abuse and Fraud in Lawsuit Filed by CEO and President
Robert Atterman and Brian Cho say Bold effectively destroyed the company while acting like a “creep” and “sex pest”
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NBCUniversal Names Luis Fernández Telemundo Enterprises Chairman
The former Noticias Telemundo president succeeds Beau Ferrari, who has served in the role for three years
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Endeavor Corporate Communications Team Adds Sarah Hird, Chad Tendler as SVPs
The talent and media agency holding company also promoted Tiffany Fang and Marie Sheehy
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Nelson Peltz’s Fight for Disney Board Seats Gets New Ally in Investment Firm Ancora Holdings
The boutique firm issued a public letter supporting the activist investor’s efforts
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Jeff Zucker and Abu Dhabi Make an Audacious Play for Conservative News in US, UK
But the $1.4 billion bid faces a British government inquiry and tough conditions for media in the U.S.
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Peacock Hits 30 Million Paid Subscribers
Comcast president Mike Cavanagh reiterated previous guidance that the service would hit peak losses of $2.8 billion in 2023
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Federal Judge Blocks Montana’s TikTok Ban
The ban on the popular video sharing app oversteps the state’s authority, raises First Amendment concerns
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Apple TV+, Paramount+ Bundle May Be on the Horizon
The streaming services are in talks to offer a discounted combination package, which could help reduce churn
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DirecTV Customers Lose CBS, NBC Affiliates in Failed Tegna Carriage Negotiations
The local broadcast station blames the cable provider for failing to “reach a fair, market-based agreement” despite “months of effort”
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Blackwells Capital Urges Nelson Peltz to End ‘Ego-Driven’ Campaign for Disney Board Seats
The firm warned the activist investor’s effort may cost shareholders upwards of $50 million and serve as “value destructive fog” for leadership and the board
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‘Jury Duty’ Star Ronald Gladden Signs 2-Year Overall Deal With Amazon MGM Studios
The Oregon solar contractor, who rose to fame as an unsuspecting juror on the Freevee comedy series, will produce, develop and star in new projects
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Linda Yaccarino Defends Elon Musk’s ‘F–k You’ to Advertisers as ‘Candid’
The X CEO stood behind the billionaire after he verbally flipped off major advertisers that fled amid worries about brand safety
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Tubi Taps David Salmon to Lead International Expansion
Fox Corporation’s ad-supported streamer has surpassed 70 million monthly active users
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Disney Flames Ike Perlmutter’s ‘Personal Agenda’ Against Bob Iger in Backing Nelson Peltz Board Seat Push
The activist investor announced plans for new proxy battle in an effort to wrest board seats from Disney’s control
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Disney Adds Morgan Stanley CEO James Gorman and Former Sky Chief Jeremy Darroch to Board
Chairman of the board Mark G. Parker applauds both appointees as “widely respected leaders in their industries”