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
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‘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
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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
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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.
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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