Business
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Sinclair Says Disney-YouTube TV Carriage Dispute Is an ‘Antitrust Issue’: ‘Needs to Be Stopped’
CEO Chris Ripley urged Congress, the FCC and antitrust regulators to “further review this and stop the harm to local broadcasters and local viewers”
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Sinclair CEO Expects FCC to Raise or Eliminate Broadcast Ownership Cap in First Half of 2026
The agency’s review comes as the station owner is looking to scale up through consolidation as linear TV declines
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AMC Theatres Reports $298 Million Loss But Holds Revenue Drop to 4%
Theater chain attributes loss to debt refinancing this past July
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Warner Bros. Discovery Aims to Reveal Sale Plans in December | Report
Paramount is also considering taking a tender offer to WBD shareholders after the latter’s board rejected multiple bids from David Ellison, according to CNBC
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Netflix Ad Tier Hits 190 Million Monthly Active Viewers Globally as Streamer Shifts From Highlighting Users
The streamer is also testing interactive video ads and dynamic ad insertion, which will roll out globally in 2026
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Breaking Down the Bidders for Warner Bros. Discovery
Netflix and Comcast’s signals of interest in WBD’s streaming and studio assets and chatter around wildcard Amazon suggests the M&A activity is just getting started
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Cinemark Q3 Revenue Slips 7% Annually Despite Warner Bros. Boost
While not as strong as past years, the theater chain still posted quarterly revenue of $858 million
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Movies
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California DOJ Says Warner Bros. Discovery Sale, More Hollywood Consolidation ‘Does Not Serve’ Economy or Consumers | Exclusive
“We are committed to protecting consumers and California’s economy from consolidation we find unlawful,” a spokesperson for the state’s attorney general tells TheWrap
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The Reset: The Zaslav Whisperer
Don ‘t count out the influence of John Malone in any deal for Warner Bros. Discovery. He’s spent two decades mentoring the company’s CEO
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Business
Available to WrapPRO members
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Paramount TV Chief George Cheeks Sets Leadership Team Tasked With Reviving MTV, Comedy Central, Nickelodeon
The company’s cable brands will focus on a “more curated” slate, leaning on franchises such as “SpongeBob SquarePants,” “Paw Patrol” and “The Daily Show” while also developing new IP
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Erika Kirk Says Sinclair Reached Out to Help Secure an Apology From Jimmy Kimmel Amid ABC Suspension
The move came after the local station owner pulled the late night host from its airwaves after remarks he made about Charlie Kirk’s assassination
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Spotify Revenue Rises 7% to $4.9 Billion in Third Quarter, Driven By Paid Subscriber Gains
The music streaming giant hits 281 million premium subscribers
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Available to WrapPRO members
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Netflix and iHeartMedia in Talks Over Video Podcast Licensing Agreement | Report
The streamer previously struck a deal with Spotify, which will see some of their podcasts removed from YouTube in 2026
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How Coca-Cola Made Its AI Christmas Ad With 5 Specialists Tackling 70,000 Clips: ‘Beyond Simple Prompting’ | Video
Coca-Cola released an AI-generated Christmas ad for the second year in the row following 2024’s controversial debut
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Jon Stewart Renews ‘The Daily Show’ Contract to Host Weekly Through 2026
The comedian will continue hosting Mondays, sharing duties with the Comedy Central series’ correspondents
