Business
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Steven Miron, Steven Newhouse Resign From Warner Bros. Discovery Board Amid DOJ Antitrust Probe
The senior executive officer and copresident at Advance are stepping down after disclosing an antitrust investigation into their memberships on the board
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Trump’s Truth Social Stock Plummets 25% on Reports of $58 Million in 2023 Losses
The filing also warns shareholders that the former president’s involvement and stake in the company could put it at greater risk
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Paramount Streaming Exec Domenic DiMeglio Explains How Paramount+ Capitalized on New Subs After Super Bowl
Office With a View: The CMO and head of data tells TheWrap how plans for the 2024 Super Bowl began an entire year before the big game
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Blackwells Capital Sues Disney Seeking Details of ValueAct Relationship
The latest development in the Disney proxy battle has the activist investor airing “credible suspicion of wrongdoing” at the House of Mouse
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NYC Retirement Systems Back Disney in Activist Investor Proxy Battle so Board Can Focus ‘on a Strategic Transformation’
“Nelson Peltz’s troubling performance on other company boards raise concerns about the value he would bring to the table,” city comptroller Brad Lander says
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Alamo Drafthouse Explores Sale, Reaches Out to Studios for Interest
The dine-in theater chain was sold to Altamont Capital Partners in 2021 after filing for bankruptcy
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Independent to Take Over BuzzFeed Sites in UK, Ireland — Including HuffPost and Tasty
The digital media brands will combine their publishing, data and advertising platforms as BuzzFeed continues to struggle
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The Atlantic Reaches Profitability, Tops 1 Million Subscribers
The multi-platform publisher has seen its subscriptions increase 14% in the past year
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YES Network, Fubo Strike Multiyear Carriage Agreement Ahead of New York Yankees Season Opener
The regional sports network’s coverage of the Yankees and Brooklyn Nets will be added to the sports streamer’s Pro base plan
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Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud
Disgraced former CEO of cryptocurrency exchange FTX was in federal court for sentencing on seven criminal counts Thursday
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AI Helps Google Double Bad Advertiser Account Suspensions to 12.7 Million Ahead of Election
The search giant is using large language models to ferret out scams, deepfakes and other bad actors from its ads
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Karlie Kloss, Joshua Kushner Strike Deal to Relaunch Life Magazine
Kloss’ Bedford Media plans to bring the publication back in both print and digital form in deal with Dotdash Meredith
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The Disney-Nelson Peltz Proxy Battle, Explained
The activist investor is pushing for two board seats at the House of Mouse to try to boost transparency, focus and accountability
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NBC News and Ronna McDaniel: What’s the Fallout for Cesar Conde? | Analysis
Insiders say the trust has been damaged between Conde, a relative newcomer, and the NBC News staff
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Paramount Global Credit Rating Downgraded to Junk Status by S&P, Warned to Improve Streaming Losses
The company was put on a negative credit warning last month
