Business
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Netflix’s Ted Sarandos: ‘We Will Be Choosy’ With M&A Amid Warner Bros. Sale Talks
But the co-CEO maintains the streamer has no interest in acquiring legacy media networks
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Netflix Q3 Revenue Climbs 17.2% to $11.5 Billion, Driven by Pricing, Subscriber and Ad Revenue Growth
The streamer’s shares fell over 6% after missing Wall Street earnings expectations due to an unusual tax dispute
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WrapPRO
Available to WrapPRO members
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Warner Bros. Discovery Stock Soars Over 9% as Company Launches Strategic Review
The company says it is fielding “unsolicited interest” from “multiple parties” for all or part of its business
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Warner Bros. Discovery Has Received Interest From ‘Multiple Parties’ for Both the Company and WB
The Board of Directors’ review comes after WBD deflected Paramount Skydance’s initial takeover approach earlier this month
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HBO Max Raises Prices for All Subscription Plans
Basic with Ads is now $10.99 a month, up by $1, while Standard increases $1.50 and Premium increases $2.00
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Earnings Preview: From Disney’s Kimmel Fallout to Paramount-WBD Drama, Our 5 Biggest Questions
Expect fresh insight into linear and streaming as several big industry shifts are poised to play out over the coming quarters
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WrapPRO
Available to WrapPRO members
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Disney+ and Hulu Cancellation Rates Doubled Amid Jimmy Kimmel Suspension Saga
According to Antenna, Disney+’s churn for the month increased from 4% to 8%, while Hulu climbed from 5% to 10%
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Ari Emanuel’s Mari Acquires Broadway, West End Ticketing Company TodayTix
After buying Frieze, the Madrid Open and the Miami Open at launch, Mari also adds Secret Cinema and Show-Score to its portfolio
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Paramount Layoffs Expected to Take Place Before End of the Month
An estimated 2,000 roles will be eliminated
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Pre-Split NBCU Layoffs Hit TV Division, Exiting Drama Development Exec Deepak Jesrani and Others
Two Universal Television executives are also among the cuts
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CAA Media and Partnerships Head Libby Bush on Connecting Brands With TV, Film and Digital Creators: ‘One Size Does Not Fit All’
Office with a View: the former NBA and Disney exec also discusses selling her agency Tandem Entertainment in 2021 and finding new opportunities through YouTube
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Office With a View
Available to WrapPRO members
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As the Creator Ecosystem Booms, Brands Learn to Speak Their Language
At New York’s Advertising Week, creators explained why Adobe’s $25,000 brand deal competition is “a step in the right direction”
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Business
Available to WrapPRO members
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Paramount Pictures Sets Josh Goldstine as Global Marketing and Distribution President
The former Warner Bros. and Universal Pictures executive has led marketing efforts for “Barbie,” “The Batman,” “Fast & Furious,” “Jurassic World” and more
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Inside Netflix’s Bid to Supercharge Faster, More Efficient VFX Through Virtual Production and AI | Exclusive
The streamer is merging its research lab Eyeline with longtime VFX house Scanline to create a one-stop shop for digital tools to better help creatives
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WrapPRO
Available to WrapPRO members
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Roku Launches Live Sports Scores, AI-Powered Voice Search
The company will also roll out new mobile app features such as closed captions, Find My Remote, sleep timer, daily trivia and more
