Business
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Elizabeth Warren Rallies for ‘Full Investigation’ Into Trump-‘60 Minutes’ Settlement, Says Paramount Has Refused to Answer Inquiries
“The Trump administration’s level of sheer corruption is appalling and Paramount should be ashamed of putting its profits over independent journalism,” the senator says
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Paramount Co-CEO George Cheeks Says Trump Settlement Allows Company to Focus on ‘Core Objectives’
The media giant agreed to pay $16 million, which included legal fees and a donation to a future presidential library, but stopped short of a public apology
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Paramount Shareholders Approve Board Slate, Expanding to 7 Members
Mary Boies, Charles Ryan and Roanne Sragow Licht join the board as Judith McHale steps down
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Paramount Reaches $16 Million Settlement With Donald Trump in ‘60 Minutes’ Lawsuit
The agreement includes no apology and a provision for “60 Minutes” to “release transcripts of interviews with eligible U.S. presidential candidates after such interviews have aired”
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WrapPRO
Available to WrapPRO members
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ESPN Promotes Andy Green to Vice President of Nontraditional Productions
In his new role, he will oversee tens of thousands of live events across linear and digital
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HFPA Votes to Reject Dissolution, Audit Eldridge Acquisition as Independent Directors Resign
Monday’s vote could upend the 2023 deal that made Jay Penske and Todd Boehly owners of the beleaguered awards show
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FilmRise and Shout! Studios Merge to Launch Radial Entertainment
The move comes as the former is being acquired by funds managed by Oaktree Capital Management
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Scooter Braun to Transition Out of CEO Role at HYBE America
The executive, who will move into an advisory role, remains on the board of directors
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Paramount, Mediacom Reach Multi-Year Carriage Renewal
The deal will make Paramount+ Premium, CBS, BET, Comedy Central, MTV, Nickelodeon and more available to the cable company’s customers
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Warner Bros. Discovery Stock Falls as Newhouse Family Sells $1.1 Billion in Shares
The media giant’s stock tumbled over 4% during Tuesday’s trading session after the Condé Nast owners sold 100 million shares
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Paramount and Skydance’s Merger May Finally Escape Trump’s Legal Penalty Box
The $8 billion merger, which remains stuck in regulatory limbo, could see movement with settlement talks picking up and a critical shareholder meeting on Wednesday
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Business
Available to WrapPRO members
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CBS, Trump Enter ‘Advanced Settlement Negotiations’ in $20 Billion Lawsuit
The Texas federal court hearing the case has granted a stay on all proceedings until Thursday
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What Tariffs? Nasdaq, S&P 500 Climb to Record Highs as Netflix, Disney Continue Huge Runs
Disney and Netflix shares have surged 50% since President Trump’s “Liberation Day” tariffs initially rocked the markets in April
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Comcast to Sell Sky Deutschland to Bertelsmann’s RTL Group
The deal includes $176 million in cash and a “variable consideration” linked to the latter’s stock performance capped at $442 million
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National Geographic Content President Courteney Monroe on Taking a ‘Platform Agnostic’ Approach Amid Industry Shifts
Office With a View: The executive also discusses attracting top creative talent, what the brand looks for in storytelling and why Disney’s strategy makes her optimistic about linear’s future
Available to WrapPRO members
Office With a View
Available to WrapPRO members