Business
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ESPN, Peyton Manning’s Omaha Productions Extend Partnership Into 2034
The nine-year deal will see the sports network continue to air “Manningcast” and more across platforms
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Former Netflix Exec Jane Wiseman Joins Sister as US Television Head
The executive will focus on development and production of the company’s premium scripted series
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Paramount Shareholder Aspen Sky Trust Urges Board to End Exclusive Talks With Skydance
The firm, which owns approximately 6.57 million shares, accuses the board of violating its fiduciary responsibility by denying other viable bidders a 30-day due diligence period
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Disney Candidates Won Overwhelming Majority of Votes at Shareholder Meeting, Official Tally Reveals
Roughly 68% of the entertainment giant’s total 1.83 billion outstanding shares were represented at the meeting
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Trump’s Truth Social Share Price Falls Again, Now Down 53% From High
Shares of Trump Media & Technology Group closed at $37.17 on Monday, after plummeting last week
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Cross-Border State Rivalries Drive Up Size of Production Subsidies
Oklahoma beats out Texas for some films and series; New York sweetens its pot to counter efforts by New Jersey
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YouTube Trick-Shot Stars Dude Perfect Score $300 Million Investment
Private equity firm Highmount Capital said it’s partnering with the quintet it called a “media juggernaut”
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Investors Call Skydance Deal for Paramount ‘Suboptimal’ and Warn of Lawsuits
Majority owner Shari Redstone is “only looking out to maximize the value of Shari Redstone” says one large shareholder, who says the board needs to also consider Apollo Global’s bid
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Paramount Shareholder Says Skydance Media’s ‘Suboptimal’ Bid Would Be ‘Detrimental’ to Company Value
Matrix Asset Advisors argues the deal “prioritizes the interests of one shareholder over the broader shareholder base”
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Skydance’s Paramount Offer Would Include Up to 50% Ownership Stake, Raising New Equity | Report
The deal would include a consortium of investors, including RedBird Capital, KKR and Oracle cofounder Larry Ellison
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ESPN’s Norby Williamson Exits After Nearly Four Decades
The executive, who has managed the network’s breaking news coverage and SportsCenter, joined in 1985
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Cinemark Stock Jumps 6% on Rare Double-Upgrade From Analysts: ‘Movies Are Back!’
Wells Fargo boosted its rating on the stock from “Sell” directly to “Buy”
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Entertainment and Media Jobs Decline in March, Despite Overall Gains Nationwide
The industry dips came even as a robust 303,000 jobs were added to the U.S. labor rolls last month
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Universal Studios Group Hires Blossom Lefcourt as Global Head of Business Affairs
The former eOne executive will oversee business needs across USG’s four television studios
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Spotify to Raise Subscription Price Again This Year | Report
After its first-ever price hike in July, the streaming giant will seek another increase in the U.S. later in 2024
