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Business

  • Netflix’s Ted Sarandos Calls for Streaming Viewership Transparency Ahead of Data Dump

    The streamer will release a new report on Thursday as part of its biannual data dump

    By

    Lucas Manfredi
    September 18, 2024 @ 9:47 AM
    Streaming
    9:47 AM
    Netflix’s Ted Sarandos Calls for Streaming Viewership Transparency Ahead of Data Dump
  • Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce

    The division is the latest victim in the media giant’s efforts to generate annual run rate cost savings of $500 million

    By

    Lucas Manfredi
    September 17, 2024 @ 2:24 PM
    Business
    2:24 PM
    Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce
  • ‘Baby Reindeer’ Creator Richard Gadd Inks Scripted Series First-Look Deal With Netflix

    The multi-year pact comes fresh off the show’s six Emmy wins, including Outstanding Limited or Anthology Series

    By

    Lucas Manfredi
    September 17, 2024 @ 9:03 AM
    TV
    9:03 AM
    ‘Baby Reindeer’ Creator Richard Gadd Inks Scripted Series First-Look Deal With Netflix
  • Amazon CEO Ends Remote Work, Tells Staffers to Return to 5 Days In-Office

    “We’ve decided that we’re going to return to being in the office the way we were before the onset of COVID,” Andy Jassy says

    By

    Sean Burch
    September 16, 2024 @ 11:24 AM
    Tech
    11:24 AM
    Amazon CEO Ends Remote Work, Tells Staffers to Return to 5 Days In-Office
  • EchoStar, AT&T Stocks Jump on DirecTV-Dish Merger Talk Reports

    Shares of the satellite TV giants’ parent companies climbed over 7% and more than 2%, respectively

    By

    Lucas Manfredi
    September 16, 2024 @ 10:25 AM
    Business
    10:25 AM
    EchoStar, AT&T Stocks Jump on DirecTV-Dish Merger Talk Reports
  • Disney, DirecTV Reach Carriage Deal in Principle, Ending 13-Day Blackout

    The agreement offers the satellite TV giant’s subscribers access to Disney’s linear networks and streaming services as well as genre-specific package options, such as sports, entertainment and kids & family

    By

    Lucas Manfredi
    September 14, 2024 @ 7:51 AM
    Business
    7:51 AM
    Disney, DirecTV Reach Carriage Deal in Principle, Ending 13-Day Blackout
  • Rupert Murdoch’s Fox, News Corp. Succession Family Drama Is Headed to Court

    The media mogul wants to amend his trust to give son Lachlan more control – and James, Elisabeth and Prudence are pushing back

    By

    Lucas Manfredi
    September 13, 2024 @ 8:23 AM
    Media
    8:23 AM
    Rupert Murdoch’s Fox, News Corp. Succession Family Drama Is Headed to Court
  • Venu Sports Antitrust Trial Set for October 2025

    Fubo won a bid to temporarily block Fox, Warner Bros. Discovery and Disney’s sports streaming joint venture last month

    By

    Lucas Manfredi
    September 12, 2024 @ 3:41 PM
    Business
    3:41 PM
    Venu Sports Antitrust Trial Set for October 2025
  • Paramount Wasn’t ‘Hurt’ by Exclusion From Venu Sports Because It’s Focused on ‘Multi-Genre Offering’ Instead, George Cheeks Says

    “I think a more robust offering that has sports and has news, it has entertainment, is a better offering for the consumer,” the co-CEO explains

    By

    Lucas Manfredi
    September 12, 2024 @ 3:37 PM
    TV
    3:37 PM
    Paramount Wasn’t ‘Hurt’ by Exclusion From Venu Sports Because It’s Focused on ‘Multi-Genre Offering’ Instead, George Cheeks Says
  • Max to Add More Than 6 Million Subscribers in Q3, David Zaslav Says

    The Warner Bros. Discovery CEO predicts five or six players will remain after media consolidation, arguing it’s “next to impossible” to have a sustainable growth streaming business

    By

    Lucas Manfredi
    September 12, 2024 @ 11:29 AM
    Business
    11:29 AM
    Max to Add More Than 6 Million Subscribers in Q3, David Zaslav Says
  • DirecTV Says Subscriber Losses During Disney Carriage Dispute Are Short-Term but ‘Not Immaterial’

    CMO Vince Torres also slammed the conglomerate’s presidential debate offer as a “self-serving” PR ploy during ongoing negotiations

    By

    Lucas Manfredi
    September 12, 2024 @ 9:29 AM
    Business
    9:29 AM
    DirecTV Says Subscriber Losses During Disney Carriage Dispute Are Short-Term but ‘Not Immaterial’
  • Ari Emanuel Predicts Media Consolidation Will Leave Just ‘5 or 6’ Major Content Providers – a ‘Healthy Ecosystem’

    The Endeavor CEO predicts that the contraction “will take approximately two to three years to play out”

    By

    Lucas Manfredi
    September 11, 2024 @ 4:13 PM
    TV
    4:13 PM
    Ari Emanuel Predicts Media Consolidation Will Leave Just ‘5 or 6’ Major Content Providers – a ‘Healthy Ecosystem’
  • DirecTV and Disney Reject Opposing Debate Coverage Proposals Amid Carriage Dispute

    The companies each offered solutions for how impacted customers could view the Harris-Trump debate, but both have been turned down

    By

    Benjamin Lindsay
    September 10, 2024 @ 11:48 AM
    TV
    11:48 AM
    DirecTV and Disney Reject Opposing Debate Coverage Proposals Amid Carriage Dispute
  • Fox’s Lachlan Murdoch Says Venu ‘Doesn’t Look Like a Cable Service,’ Reveals It’s Organized by Sport

    The CEO calls the streamer “tremendous” at the Goldman Sachs Communacopia & Technology Conference

    By

    Kayla Cobb
    September 10, 2024 @ 11:27 AM
    TV
    11:27 AM
    Fox’s Lachlan Murdoch Says Venu ‘Doesn’t Look Like a Cable Service,’ Reveals It’s Organized by Sport
  • Why DirecTV’s ‘Existential’ Carriage Dispute With Disney Is a Fight for the Future of the Pay TV Bundle

    Standoffs between programmers and distributors will get more frequent and contentious as cord-cutting accelerates, experts tell TheWrap

    By

    Lucas Manfredi
    September 10, 2024 @ 6:15 AM

    Pro Available to WrapPRO members

    TV
    6:15 AM
    Why DirecTV’s ‘Existential’ Carriage Dispute With Disney Is a Fight for the Future of the Pay TV Bundle

    Pro Available to WrapPRO members

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