Business
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Nielsen’s New Ratings Method Approved by Media Rating Council
The firm’s Big Data + Panel measurement includes ratings from cable, satellite set-top boxes and smart TVs across 45 million households and 75 million devices
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Netflix Stock Soars to New All-Time High as Wall Street Celebrates Blockbuster Q4 Earnings Report
The streamer hit a 52-week high of $999 per share during Wednesday’s trading session after adding a record-breaking 18.9 million subscribers and hiking prices on some of its plans
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Netflix Tops 300 Million Subscribers Globally, Adds Record-Breaking 19 Million in Q4
The streamer saw revenue surge 16% year over year to $10.25 billion
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Business
Available to WrapPRO members
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Legendary Entertainment Forms 193, a New Stand-Alone Independent Venture
The film production and global sales entity will be run by Patrick Wachsberger
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IMDb Sets Nikki Santoro as CEO, Founder Col Needham as Executive Chair
The Internet Movie Database celebrates its 35th anniversary with a restructuring
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Nexstar and Optimum Reach Carriage Deal to Restore 63 Channels to Altice Customers
The pact brings programming back to TV stations in 42 markets across the United States
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Dotdash Meredith Cuts 143 Employees in Latest Round of Layoffs
“The media landscape is changing rapidly, and we must change along with it,” CEO Neil Vogel says in a memo to staff
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Outgoing FCC Chair Warns Agency Should Not Be ‘President’s Free Speech Police’ or ‘Journalism’s Censor in Chief’
Jessica Rosenworcel dismissed four complaints against local TV stations that “seek to weaponize” the agency and are “at odds” with the First Amendment
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AMC Theatres’ Stubs Loyalty Program Launches New Rewards Tier in Bid to Boost Moviegoing
AMC Stubs Insider members who see at least eight movies will gain the new Premiere GO! status without having to pay a $17.99 per year fee
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NBCUniversal Content Distribution Head Matt Bond to Retire
The executive’s exit comes as Comcast plans to spin off its cable network portfolio into a standalone company
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Google and YouTube Donate $15 Million to LA Fire Relief Efforts
Other Hollywood players like Disney, Netflix, Comcast and Paramount have also pledged donations
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Snap, Meta Stocks Jump as TikTok Ban Approaches
Wall Street investors appear to be betting on Snapchat and Instagram benefiting from TikTok’s U.S. exile
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Public Interest Law Firm Urges FCC to Review Skydance Media’s Relationship With China’s Tencent
The Center for American Rights asked the agency to consult with CFIUS or other national security agencies on the studio’s pending $8 billion Paramount merger over Tencent’s “Chinese military company” designation
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Venu Sports May Be Dead, but the Re-Bundling Era Is Just Beginning | Analysis
Fox, Disney and Warner Bros. Discovery decided it was best to meet the evolving demands of sports fans by “focusing on existing products and distribution channels”
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TV
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Warner Bros. Discovery Adds Anthony Noto, Joey Levin to Board of Directors
The SoFi Technologies and IAC executives will stand election at the media giant’s 2025 annual shareholder meeting
