Business
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Comcast’s Sky Sues Warner Bros. Discovery for Denying Partnership on ‘Harry Potter’ Series
A WBD spokesperson categorizes the lawsuit as a “baseless attempt” by the company to gain leverage in programming negotiations
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EchoStar Stock Jumps Over 11% as Dish, DirecTV Enter Advanced Merger Talks
A deal between the two companies would create the largest pay TV provider with around 20 million subscribers
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Fox CEO Lachlan Murdoch’s Pay Rises 9% to $23.8 Million in 2024 Package
Rupert Murdoch’s pay fell 7% to $21.2 million, but he sees “enhanced retirement health and life insurance benefits,” according to Fox’s proxy report
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OpenAI’s Sam Altman Worked for ‘Love’ – Now He’ll Make $10.5 Billion
Restructuring to a for-profit business would instantly make OpenAI’s CEO billions of dollars richer
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Paramount Considers Dropping Nielsen TV Ratings Partnership
The two parties’ current agreement is set to expire on Monday
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CNN Plans to Paywall News Content Starting Next Month
The “metered” paywall will require frequent users to pony up to keep accessing the site
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Disney+ Password Sharing Crackdown Rolls Out for US Subscribers – Here’s Everything You Need to Know
Account holders can add an extra member outside of their household for $6.99 per month on basic plans
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NBCUniversal Promotes Joaquin Duro to Telemundo Sports EVP
The network’s senior vice president of AVOD streaming and digital succeeds Eli Velazquez, who will exit at the end of the month
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Paramount Notifies 66 New York Based-Employees of Layoffs in December
The notification comes as the media giant looks to cut 15% of its U.S. workforce
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Sean ‘Diddy’ Combs Rooming With Sam Bankman-Fried in Same Prison ‘Dormitory-Style’ Space
The unlikely pair are currently bunking with a group of other defendants in Brooklyn’s Metropolitan Detention Center
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Paramount+ Comms Team Gutted in Latest Round of Layoffs
The media giant’s second round in its 15% U.S. workforce reduction began Tuesday
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Liberty Broadband Stock Soars 25% on Charter Communications Merger Counterproposal
The John Malone-controlled company proposes an all-stock transaction to give shareholders 0.29 Charter shares per Liberty share
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Warner Bros. Discovery Teams With Google Cloud for AI-Powered Captioning
The partnership, which will initially be applied to the studio’s unscripted programming, is designed to significantly reduce production time and costs
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NBCUniversal Overtakes YouTube, Disney in Nielsen Media Distributor Gauge for August
Boosted by the Paris 2024 Olympics and the DNC, the media giant finished the month with a record share of 13.4%
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SEC Pursues Sanctions Against Elon Musk in Twitter Probe
Musk’s “gamesmanship and delay tactics must cease,” the government agency protecting investors says in court filing
