Business
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AMC Networks Reports 10% Revenue Decline in 2024 Due to Decreases in Linear TV and Content Licensing
The company also saw an 8.8% increase in subscribers for the year
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Paramount and YouTube TV Strike Short-Term Extension as Carriage Talks Continue
The current deal between the two companies expired at 11:00 p.m. Eastern on Thursday
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Roku Q4 Net Loss Shrinks to $35.5 Million, 2024 Revenue Climbs 18% to $4.1 Billion
The streamer and hardware maker, which is in a total of 90 million streaming households, posted its first $1 billion quarter in platform revenue
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Amazon Defends Scaling Back DEI Efforts Under Trump, Says They Were Always Going to ‘Change Over Time’
“We strive to tell the very best stories, while empowering diverse voices in our storytelling wherever possible,” an Amazon spokesperson tells TheWrap
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The CW Taps Michael Perman as Sports Senior Vice President
The former NBC Sports executive will oversee strategy, programming and media rights for the division
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Sony Raises 2024 Outlook as Gaming, Music Boost Q3 Revenue 18% to $29 Billion
The Japanese multinational conglomerate’s quarterly results were weighed down by an 18% drop in operating profit at Sony Pictures Entertainment
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Hollywood Rattled by Trump’s Big Assault on DEI
An FCC investigation into “invidious” DEI policies at Comcast and Disney’s shift raise concerns that hard-won equality gains will be lost
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Rebecca Kutler Named New MSNBC President
The former CNN exec had been the interim boss of the cable channel since Rashida Jones left in January
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Super Bowl 2025 Generated $800 Million in Ad Sales for Fox and Tubi
Commercials for Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs cost $8 million a pop
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New York City Pension Funds Sue to Pause Paramount-Skydance Deal Over $13.5 Billion Offer
The unsealed class-action complaint alleges the media giant failed to sufficiently consider the alternative option from Project Rise Partners
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Disney Adjusts DEI Program to Focus on Business Success After Trump Executive Order
The entertainment giant is shuttering its “Reimagine Tomorrow” program and changing the trigger warning shown before old content like “Dumbo”
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From COVID to Trump, Linsey Davis Looks Back on 5 Years at ‘ABC News Live Prime’ | Exclusive
The anchor also tells TheWrap how the network is capitalizing on the growth of its streaming programming to become a “go-to space for young people”
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Hollywood Composers Unite for Their Own LA Wildfire Relief Benefit Concert
An estimated $70,000 was raised to benefit musicians affected by the recent wildfires
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Fox Corp Names John Nallen as President and COO
The executive previously served as Senior Executive Vice President and Chief Financial Officer for 21st Century Fox
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Amazon MGM Studios Plans International Distribution Division
The company aims to have the division operational in 2026
