Business
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Disney Asks YouTube TV to Restore ABC for Election Day Amid Programming Blackout
“We believe in putting the public interest first and hope YouTube TV will take this small step for their customers while we continue to work toward a fair agreement,” a spokesperson tells TheWrap
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Fubo Hits 1.6 Million North American Subscribers as Disney Closes Hulu + Live TV Merger
The combined company will be the sixth-largest pay TV service in the U.S., at nearly 6 million subscribers in North America
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Ari Emanuel’s Mari Acquires IMG’s Arts & Entertainment, Action Sports Events
The company expands its portfolio and reach with Hyde Park Winter Wonderland, the Taste Festivals culinary series, the US Open of Surfing and the Nike Melbourne Marathon
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AOL, Bari Weiss’ The Free Press Showcase Old and New Guard October M&A in Media
The Funding File also reports that ShopMy, a platform to help creators sell goods, raised $70 million last month while a gaming platform backed by TV giant Dick Wolf raised another $9 million
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Business
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Disney Executives Blast YouTube TV, Google for Wanting to ‘Eliminate Competition’ Amid Programming Blackout
Dana Walden, Alan Bergman and Jimmy Pitaro argue the tech giant also wants to “devalue the very content that helped them build their service”
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John Malone Sees $30 Per Share WBD Takeover Bid as a Possibility: ‘Certainly Something to Be Hoped For’
The Warner Bros. Discovery chair emeritus also notes that while he hopes for a bidding war, a sale will ultimately come down to “who the government would let own it”
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YouTube TV to Drop ABC, ESPN and More After Failing to Reach New Carriage Agreement With Disney
“We know this is a frustrating and disappointing outcome for our subscribers,” a YouTube spokesperson says
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CBS Addresses Gayle King’s Rumored Departure From ‘Mornings’: ‘There Have Been No Discussions’
It was reported Thursday that King would leave the morning show once her contract expires in May 2026
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Netflix Taps Investment Bank Moelis to Explore Bid for Warner Bros. Studio and Streaming Business | Report
The company has also been granted access to the media giant’s data room to review financial details needed to make an offer, according to Reuters
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Netflix Plans 10-for-1 Stock Split With Shares Trading Over $1,000
The split doesn’t materially change the value of the stock, but makes the share price more affordable
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Amazon Ad Revenue Rises 24% to $17.7 Billion in Q3
Sales for subscription services, which includes Prime Video, grew 11% to $12.6 billion during the quarter
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Roku Swings to Q3 Profit of $24.8 Million
The company’s revenue grew 14% year over year to $1.21 billion, driven by strength in streaming services distribution and video advertising
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NBA Approves Los Angeles Lakers Majority Stake Sale to Dodgers Owner Mark Walter
The Buss family will retain interest in the basketball team, with Jeanie Buss continuing as its governor for at least five years post-closing
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Paramount Television Studios Head Matt Thunell Sets Leadership Team
The new structure comes as the media giant is laying off 1,000 employees, with more cuts to come at a later date
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Comcast President Says Bar Remains ‘Very High’ for M&A as Warner Bros. Discovery Puts Itself Up for Sale
“You should expect us to look at things that are trading in the space around our industry,” Mike Cavanagh says
