Business
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Barry Diller: Netflix, Amazon, Apple Are ‘Really the Controllers’ of Hollywood
The difference in resources is “astronomical” between legacy studios and tech companies, the IAC chairman says
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Netflix’s Greg Peters Says ‘Super Hype Bump’ of AI Adoption Has Passed
“There’s a long road to go ahead of us before those things start to really take grip in a significant way,” the streamer’s co-chief executive says
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Former Disney Comms Head Zenia Mucha to Take Over Marketing at TikTok as Kate Jhaveri Exits
Mucha, currently the social video platform’s chief brand and communications officer, adds marketing to her duties starting Monday
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WME Co-Chairs ‘Optimistic’ for Hollywood’s Future Despite AI, Media Consolidation Fears
“We have real confidence in the power of art. There’s real demand for it – that hasn’t changed,” Christian Muirhead says
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Not Just Netflix: Sony Pictures CEO Says Streaming ‘Will Be Profitable’ for Other Services, Too
Cable, meanwhile, is a business “rapidly declining,” Tony Vinciquerra suggests
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Paramount Streaming, Showtime Publicity EVP Erin Calhoun to Exit
The executive, who has overseen communications and campaigns at Paramount+, Pluto TV and Showtime for the past seven years, will depart at the end of September
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How Snapchat Plans to Turn It Around After a Brutal 88% Stock Drop | Analysis
CEO Evan Spiegel is betting on a streamlined app and new hardware to boost Snap’ s battered business
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Business
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TelevisaUnivision Names Daniel Alegre as New CEO, Wade Davis Steps Down
The new chief executive takes office on Thursday
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Warner Bros. Discovery Adds Daniel E. Sanchez to Board of Directors
The attorney and public company director previously served on the boards of Starz and Lionsgate
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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
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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
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‘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
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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
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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
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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
