Business
-
Disney Entertainment Television Lays Off 140 Staffers, Including 13% of National Geographic Workforce
The cuts are also impacting Disney-owned TV stations, Freeform and marketing and publicity divisions
-
‘Halo’ Video Game Studio Bungie Lays Off 17% of Staff, Restructures Development Strategy
CEO Pete Parsons says the cuts, which will impact 220 employees, come in part due to “enduring economic conditions”
-
Apex Capital Bid for Paramount Flagged as Possible Hoax, Press Release Removed From BusinessWire
The $43 billion offer was announced in a press release that was later pulled down
-
Ex-Netflix Staffer Sues Over COVID Vaccine Mandate, Sexual Office Environment
Jessica Combs’ suit also complains of drag queens in the cafeteria during Pride events and alcohol at work gatherings
-
Hallmark Studios Names Wondu Dikran as SVP
The former NBCUniversal/DreamWorks TV head of production will oversee the newly created division
-
Miramax Hires Spencer Ela as Film SVP
The former Safran Company exec recently oversaw the production of “Blue Beetle”
-
Lionsgate Board Approves Collapse of Dual-Class Stock Share Structure
If approved by shareholders, the move would give Class A voting shares a 12% premium as part of the process
-
Warner Bros. Discovery Sues Over NBA’s ‘Unjustified’ Rejection of Matching Rights Proposal
A league spokesperson says WBD’s claims are “without merit” and that their lawyers will address them
-
Charles Barkley Laments Warner Bros. Discovery’s NBA Loss: ‘Not Sure TNT Ever Had a Chance’
“It’s a sad day when owners and commissioners choose money over the fans,” the ‘Inside the NBA’ analyst added
-
Barry Diller Says IAC Bid for Paramount Is Over
“It is unwise to get in an auction with someone who has a pretty much unlimited balance sheet,” the executive says of the Ellison family
-
Paramount-Skydance Merger Could Cost Shareholders $1.65 Billion in Damages, Class-Action Lawsuit Argues
Scott Baker, who owns over 40,000 Class B shares, says the deal is designed to cash out Shari Redstone at a substantial premium
-
Move Over Mark Cuban, Vince Vaughn Owns a Pickleball Team Now
The “Wedding Crashers” and “Bad Monkey” star has taken a majority stake in California’s Coachella Valley Scorpions
-
Warner Bros. Discovery Stock Plunges Over 6% on NBA TV Rights Loss
Macquarie Research, which downgraded the stock Thursday, argued that while WBD intends to litigate the decision, it’s “hard to see an amicable endgame”
-
Disney+, Hulu and Max Bundle Launches: Here’s How Much It Costs
The offering is available to new and existing subscribers for $16.99 per month with ads and $29.99 per month without ads
-
Imax Revenue Slides 9% Year-Over-Year to $89 Million Amid Q2 Box Office Slump
But the premium format company’s stock popped on another Wall Street estimates beat
Available to WrapPRO members
Business
Available to WrapPRO members