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Business

  • Rupert Murdoch Succession Plan Poses Risk to News Corp, Activist Investor Says

    Starboard Value LP proposes ending the dual-class share structure, in which the media mogul’s family controls 41% of voting shares and a 14% stake

    By

    Lucas Manfredi
    September 9, 2024 @ 10:52 AM
    Business
    10:52 AM
    Rupert Murdoch Succession Plan Poses Risk to News Corp, Activist Investor Says
  • DirecTV to Raise Prices as Much as $10 Per Month in October Amid Disney Carriage Dispute

    The move will help the satellite TV giant “remain competitive in the marketplace, while still delivering the best possible programming”

    By

    Lucas Manfredi
    September 9, 2024 @ 7:52 AM
    Business
    7:52 AM
    DirecTV to Raise Prices as Much as $10 Per Month in October Amid Disney Carriage Dispute
  • DirecTV Files FCC Complaint Accusing Disney of Negotiating in Bad Faith as Blackout Continues

    The satellite provider argues the studio is continuing anticompetitive practices during the carriage dispute

    By

    Mike Roe
    September 8, 2024 @ 9:15 AM
    Business
    9:15 AM
    DirecTV Files FCC Complaint Accusing Disney of Negotiating in Bad Faith as Blackout Continues
  • Disney Offers $30 Credits for Hulu + Live TV Plans Amid DirecTV Carriage Dispute

    The satellite TV giant is also giving $30 credits on Fubo and Sling TV subscriptions during the programming disruption

    By

    Lucas Manfredi
    September 6, 2024 @ 2:57 PM
    Business
    2:57 PM
    Disney Offers $30 Credits for Hulu + Live TV Plans Amid DirecTV Carriage Dispute
  • Barry Diller, James Murdoch Among 88 Business Leaders Endorsing Kamala Harris in Open Letter

    “Her election is the best way to support the continued strength, security and reliability of our democracy and economy,” the letter reads

    By

    Natalie Korach
    September 6, 2024 @ 7:53 AM
    News
    7:53 AM
    Barry Diller, James Murdoch Among 88 Business Leaders Endorsing Kamala Harris in Open Letter
  • Larry Ellison Will Hold Controlling Stake in Paramount Global With Skydance Merger, Filing Shows

    The billionaire Oracle co-founder will own 77.5% of National Amusements after his son David Ellison’s deal closes

    By

    Lucas Manfredi
    September 5, 2024 @ 12:23 PM
    Business
    12:23 PM
    Larry Ellison Will Hold Controlling Stake in Paramount Global With Skydance Merger, Filing Shows
  • ‘Without a Trace’ Creator Hank Steinberg Inks Broadcast Direct Deal With Fox Entertainment

    The “Doc” executive producer will develop new scripted dramas for the network

    By

    Lucas Manfredi
    September 5, 2024 @ 10:30 AM
    Business
    10:30 AM
    ‘Without a Trace’ Creator Hank Steinberg Inks Broadcast Direct Deal With Fox Entertainment
  • WBD Sets New Global Division for Experiences, Parks, Exhibitions and More in Restructuring

    The new division will be charged with strategically expanding the company’s experiences

    By

    Drew Taylor
    September 5, 2024 @ 9:51 AM
    Business
    9:51 AM
    WBD Sets New Global Division for Experiences, Parks, Exhibitions and More in Restructuring
  • Verizon to Acquire Frontier Communications in $20 Billion Deal

    The move will extend the telecommunications giant’s fiber network to 25 million premises across 31 states and Washington D.C.

    By

    Lucas Manfredi
    September 5, 2024 @ 6:13 AM
    Business
    6:13 AM
    Verizon to Acquire Frontier Communications in $20 Billion Deal
  • DirecTV Says Disney Is Trying to ‘Corner the Market for Themselves’ Amid Carriage Dispute

    The pay TV giant argues that the House of Mouse’s package proposals are “laced” with minimum penetration requirements that limit the scope and reach of what it’s looking to offer

    By

    Lucas Manfredi
    September 4, 2024 @ 5:01 PM
    Business
    5:01 PM
    DirecTV Says Disney Is Trying to ‘Corner the Market for Themselves’ Amid Carriage Dispute
  • DirecTV Is Offering $20 Credit During Disney Carriage Dispute – Here’s How to Claim It

    The programming blackout, which includes linear networks ESPN and ABC, began on Sunday

    By

    Lucas Manfredi
    September 4, 2024 @ 4:43 PM
    TV
    4:43 PM
    DirecTV Is Offering $20 Credit During Disney Carriage Dispute – Here’s How to Claim It
  • Warner Bros. Discovery Will Be ‘Rational’ in Decision-Making Around Strategic Options, CFO Says

    The media giant’s stock is down more than 73% in the past five years, hovering around $7 per share

    By

    Lucas Manfredi
    September 4, 2024 @ 2:08 PM
    Business
    2:08 PM
    Warner Bros. Discovery Will Be ‘Rational’ in Decision-Making Around Strategic Options, CFO Says
  • Disney Says DirecTV Is Misrepresenting Carriage Negotiations, There’s ‘Path to Fair and Flexible Agreement’

    More than 11 million subscribers lost access to ABC and ESPN beginning Sunday

    By

    Loree Seitz
    September 4, 2024 @ 9:13 AM
    TV
    9:13 AM
    Disney Says DirecTV Is Misrepresenting Carriage Negotiations, There’s ‘Path to Fair and Flexible Agreement’
  • AMC Networks, Charter Renew Multi-Year Distribution Deal

    The new pact will include AMC+ at no additional cost to Spectrum TV Select customers

    By

    Lucas Manfredi
    September 4, 2024 @ 8:02 AM
    Business
    8:02 AM
    AMC Networks, Charter Renew Multi-Year Distribution Deal
  • Wasserman Expands Digital Creators Arm With Long Haul Management Acquisition

    Dan Levitt founded the sports, gaming and lifestyle company in 2013 and is named Wasserman’s SVP of Creators

    By

    Sharon Knolle
    September 4, 2024 @ 7:00 AM
    Business
    7:00 AM
    Wasserman Expands Digital Creators Arm With Long Haul Management Acquisition
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