Business
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Disney’s D’Amaro Era Begins: 8 Biggest Challenges Facing the New CEO
From Hollywood’s consolidation to the rise of AI, Josh D’Amaro will have his hands full with navigating the media industry’s choppy waters
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Ad-Supported TV Jumps 9% in Q4 With 74.2% Viewing Share
Football was a major driver for broadcast, as sports viewing surged 135%, per Nielsen
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The Washington Post Slashes Newsroom in ‘Strategic Reset,’ Shrinks Foreign Coverage, Sports and Shutters Books
The Jeff Bezos-owned newspaper’s downsizing will affect one-third of staff
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Fox Sees 2% Jump in Revenue to $5 Billion Thanks to Strong Advertising
Though revenue from political advertising was down, higher news and sports pricing contributed to the growth
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New York Times Stock Down 9% as Spending Fears Overshadow Strong Results
The paper’s Q4 results saw it pull in more than $800 million in revenue and add 450,000 digital subscribers
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New Disney CEO Assures AI Will Not Replace Human Creativity, but It Will Be ‘Embraced’ | Video
“This is when the Walt Disney Company thrives, when technology intersects with brilliant people and creativity,” Josh D’Amaro says
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Nelson Peltz Says Disney CEO Josh D’Amaro Was Chosen Because Bob Iger ‘Needs a Reason to Stay On’
“If he put the person in charge of entertainment as the CEO, he wouldn’t have an excuse to stay on,” the Trian Fund Management CEO states
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Directors Guild to Begin Contract Negotiations With AMPTP on May 11
The union’s current labor contract expires on June 30
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Netflix-Warner Deal: Producers Guild Urges Senate Committee to ‘Guarantee Meaningful Theatrical Distribution’ in Testimony
“Whoever the buyer is, we need their guarantee to expand not contract our content creation industry,” the union says
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Jon Stewart Explains How He Wound Up in the Epstein Files: ‘This Is Actually True’ | Video
“We all searched our names, right?” the “Daily Show” host jokes
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Senate Grills Netflix and Warner Bros. Over $83 Billion Deal: Here’s What They Said
During the antitrust hearing, the streamer tried to reframe the competition conversation around pressure from the likes of YouTube
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Senator Cory Booker Slams Paramount CEO David Ellison’s ‘Frustrating’ Absence From Antitrust Hearing
He warned that a Warner Bros. sale to Netflix or Paramount would result in “concerning consolidation of a portion of the economy that is already putting the squeeze on artists and consumers”
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BBC Studios Ups Eve Frederick to Lead Unscripted Production in LA
The newly appointed EVP oversees reality programs, including “Dancing With the Stars,” “Ladies of London” and “Outlast”
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Disney Chairman on Josh D’Amaro Pick: ‘A Polymath in Abilities’
James Gorman also explains the company’s decision-making behind elevating Dana Walden to president and chief creative officer
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