Business
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Starz Eyes A+E Global Media Acquisition
The interest in the Lifetime and History channel parent company comes after its owners Disney and Hearst launched a strategic review in July
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Sinclair in Talks to Acquire E.W. Scripps as It Takes 8.2% Stake in Broadcasting Company
The local TV station giant owns roughly 6.28 million shares valued at approximately $15.6 million
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Disney, YouTube TV Reach New Carriage Deal, End Programming Blackout
The media giant’s networks have been dark on the Google-owned platform since Oct. 30
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Netflix-Warner Bros. Deal Would Raise Antitrust Concerns, ‘Undermine Opportunities’ for Creatives, GOP Rep. Says
Darrell Issa warns the streamer already “wields unequaled market power” and that a deal would “diminish incentives” for new content and major theatrical releases
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RedBird Drops $658 Million Bid for UK Telegraph
“We remain fully confident that The Telegraph and its world-class team have a bright future ahead of them,” a RedBird spokesperson tells TheWrap
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How the Streamers Stack Up in Subscribers, Revenue and Profits | Analysis
A potential sale of Warner Bros. Discovery is poised to shake up the fight for dominance in the streaming landscape as Disney follows Netflix in paring back disclosures
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Available to WrapPRO members
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Former Warner Bros. Discovery Director John Malone Weighs Paramount, Netflix and Studios’ Other ‘Aggressive Bidders’
“They each are seeing a different elephant,” the WBD shareholder says
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Netflix, Comcast and Paramount Prepare Bids for WBD Ahead of Pre-Thanksgiving Deadline
The deadline to submit first-round bids for the media giant is Nov. 20
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Starz Q3 Loss Widens to $53 Million
The company shed 130,000 U.S. subscribers, driven by continued pressure on linear TV due to cord-cutting
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Available to WrapPRO members
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Fifth Season Secures 5-Year, $500 Million Credit Facility From J.P. Morgan
The bank’s support has allowed the independent studio to produce and finance more than 100 seasons of television, movies and documentaries
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Disney CFO Dismisses M&A Potential: ‘We Like the Hand We Have Right Now’
Hugh Johnston touts Disney’s existing portfolio of IP and says it “doesn’t need to do anything”
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NBC Sports Network to Launch on YouTube TV on Nov. 17
It also will be available on Xfinity soon and roll out to other pay TV distributors at a later date
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Disney+, Hulu Combined Profit Grows 39% to $352 Million in Q4
Despite the strength in streaming, the media giant’s overall results were weighed down by declines at its entertainment linear networks and lower theatrical distribution
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Available to WrapPRO members
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TMZ to Shutter Sister Site TooFab in January, Plans to Gut Entire Staff | Exclusive
Staffers were informed of the upcoming shut down earlier this month
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Production and Management Company 2AM to Shutter
Founders Christine D’Souza Gelb, David Hinojosa and Kevin Rowe are going their separate ways
