Business
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TKO Completes $3.25 Billion Acquisition of IMG, On Location, Professional Bull Riders
Endeavor is expected to own approximately 61% of TKO
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How the Major Streamers Stack Up in Subscribers and Revenue
Netflix leads the pack in revenue and number of subscribers, with no close second
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Business
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Nexstar CEO Says Broadcast Ownership Deregulation Is ‘Palpable’ Under Trump Administration
The company also shared that The CW is aiming to become profitable in 2026
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Warner Bros. Discovery Renames DEI Group to Focus Solely on Inclusion
The move comes amid a larger DEI crackdown by the Trump administration
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Pete Distad to Lead Fox’s New Streaming Service as CEO
The former Apple TV+ and Hulu executive transitions from Venu Sports, which was scrapped in January
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Endeavor Posts Widened Net Loss of $237.2 Million in Q4
The company’s representation and owned sports properties businesses were bright spots in the quarter, helping to boost total revenue to $1.57 billion
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Warner Bros. Discovery Swings to Streaming Profit of $409 Million in Q4
The media giant, which boasts a total of 116.9 million streaming subscribers, says it has a clear path to reach at least 150 million globally by the end of 2026
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Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million
The media giant is on track to reach domestic streaming profitability in 2025 as it awaits FCC approval for its $8 billion Skydance merger
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Max Abandons Plan to Charge for Bleacher Report Sports Add-On
The streamer will also remove the offering and CNN Max from its Basic With Ads tier starting March 30
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AMC Hits Q4 Projections With $1.3 Billion in Revenue
The theater chain sees $135.6 million net loss, but hopes to get out of the red this summer
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Gersh Names Leslie Siebert as Sole President, Becoming First Woman to Lead Major Talent Agency
The agency also appoints five new managing partners and 12 senior partners in a strategic restructuring
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NBCU Sets 10-Year Extension for Macy’s Thanksgiving Day Parade Rights
The deal also includes the Macy’s 4th of July Fireworks show and a new special program still to be announced
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Study: Hollywood’s Male Role Models Are Failing Young Men. Where Does That Go in the Trump Era?
A 2024 report finds young males (13-30) crave vulnerable male characters. But experts wonder if a cultural shift could lead Hollywood in another direction
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Movies
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Disney Extends Lead Over YouTube in January With 12% Share of TV Viewing
The boost was driven by the College Football Playoffs, which drove an 84% monthly increase in ESPN viewership, according to Nielsen
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Technicolor Shuts Down Majority of UK Operations
Most of the VFX company’s 440 workers in Britain have been made redundant as the business enters administration
