Business
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UTA Ups Bob Roback to COO
Roback takes over the role from Andrew Thau, who will continue as co-head of UTA Sports
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Skydance CEO David Ellison Says Company Is ‘Stronger’ After Scuttled Paramount Deal
“Paramount will always hold a special place for me,” the executive tells staff after Shari Redstone walks away from deal
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Chaos at Paramount: An Uncertain Future Looms After Shari Redstone Pulls the Plug on Skydance | Analysis
Skydance is furious, executives are confused and Wall Street is exhausted as Redstone has made a mess of the Paramount sale
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Shari Redstone’s National Amusements Scraps Skydance-Paramount Merger
Discussions halted Tuesday after the media conglomerate’s controlling shareholder and David Ellison failed to reach “mutually acceptable terms”
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Paramount Special Committee Votes on Documentation of Skydance Deal
The five-person independent body recommended the latest revised offer from David Ellison in May
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Cannes Lions Clash: Michael Kassan to Launch Competitor to UTA-Owned MediaLink at Adfest | Exclusive
After his dramatic departure from UTA-owned MediaLink, Kassan will be holding competing events — and signing new clients
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Paramount Office of the CEO Gets Severance Protection as Shari Redstone Weighs Options
Execs Chris McCarthy, Brian Robbins and George Cheeks are eligible for enhanced benefits and cash bonuses in the event the media conglomerate is sold
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Edgar Bronfman Jr., Bain Capital Eyeing $2 Billion Bid for Shari Redstone’s National Amusements | Report
The former Warner Music Group CEO is looking to offer up to $2.5 billion for the holding company, The Wall Street Journal reports
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Shari Redstone Receives Fewest Votes in Paramount Board Election
The media conglomerate’s controlling shareholder also received the most ‘against’ votes as she weighs Skydance Media takeover
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Warner Bros. Discovery Acquires US Rights to French Open
The tennis tournament will air on WBD’s cable networks, Max and the Bleacher Report digital sports hub beginning in 2025
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Congress Details Collusion and Consumer Privacy Concerns Over Venu Sports Streaming Venture in New Letter
Reps. Jerry Nadler and Joaquin Castro also asked for the methods Fox, Warner Bros. Discovery and Disney may use to determine pricing for the service
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Nvidia Overtakes Apple as World’s Second-Most Valuable Company
The AI boom fuels the chipmaker, now behind only Microsoft
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CAA Names Darryl Eaton, Emma Banks and Rick Roskin as Co-Heads of Global Touring
“With the most talented team of agents ever at one agency, and serving the most influential artists in the world, we see unlimited opportunities ahead,” the trio says
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Disney’s EMEA Business Posts $731 Million Profit for 2023, Driven by Disney+ and Strong Film Performance
Turnover, which includes licensing, advertising and subscription revenue, was $4.86 billion for the period covering Oct. 2, 2022, to Sept. 30, 2023
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NBA Close to $76 Billion TV Rights Deal With NBC, Amazon and Disney | Report
The league’s deals could translate to a 2.5 times increase in annual fees to an average of nearly $7 billion
