Business
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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
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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
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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
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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
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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
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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”
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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
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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
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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
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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
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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”
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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
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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
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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
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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
