Business
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News Corp Profit Jumps 28%, Driven by Dow Jones, Digital Real Estate Growth
In reporting earnings, CEO Robert Thomson made a plea to “cherish” the value of IP rights against AI
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Hallmark Media Brings Michelle Vicary Back as Head of Programming
The former executive first left the company in 2021 after 22 years
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Mario Gabelli Elects to Take Cash for Paramount Voting Stock Ahead of Skydance Merger Closing
The GAMCO Investors chairman owned 12% of the media giant’s voting stock – making him the second largest Class A shareholder behind Shari Redstone
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Showtime/MTV Entertainment Head Nina Diaz to Exit Paramount After Skydance Merger Closes
The executive is the latest set to depart the media giant, following Paramount co-CEO Chris McCarthy and streaming president Tom Ryan
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Nielsen, WPP Media Strike Audience Measurement Partnership
The deal will cover TV, streaming, audio and cross-platform ad performance via Nielsen ONE and integrate the former’s insights into the latter’s Open Media Studios platform
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Sherry Lansing to Join New Paramount Board as Skydance Unveils 10 Directors
Oracle CEO Safra A. Catz, Barbara Byrne and John L. Thornton are among the new directors
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The Funding File: Media and Entertainment Ventures Raise $500 Million in July
Base Boy Entertainment led fundings with a $110 million infusion followed by Substack with a $100 million round
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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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