WrapPRO
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Paris Olympics Closing Ceremony Doubles Tokyo Audience With 21 Million Viewers
Viewership for the event was down 27.3% from the Opening Ceremony
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TV
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‘Industry’ Season 3 Debuts to 300,000 Viewers, Up 60% From Season 2 Premiere | Exclusive
The HBO finance drama was promoted from Mondays to the coveted Sunday night timeslot
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TV
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Disney’s Streaming Dilemma: Star Wars and Marvel’s Diminishing Demand on Disney+ | Chart
Despite the drop, the franchises together still represent a significant 22% of all demand with just 12% of the catalog
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WrapPRO
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Streaming and Social Media Have Helped Paris 2024 Win the Gold
After two COVID-impacted Games, the Olympics has broken viewership records for NBC and cemented its status as a must-watch event
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TV
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‘Kingdom of the Planet of the Apes’ Swings Up the Streaming Top 10 After Hulu Debut | Charts
The latest “Apes” installment sends Hulu to No. 2, just behind Max’s “House of the Dragon”
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WrapPRO
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A Sitcom Writer-Turned-Psychologist Counsels Hollywood Workers on the ‘Industry Apocalypse’
Holding on in Hollywood: Phil Stark, a writer on “That ’70s Show” pivoted to counseling industry brethren
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Labor
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Elated by Kamala Harris’ Historic Campaign, Black Women Brace for Racist and Sexist Attacks but Say They’re Destined to Backfire
Bigotry is “very bad for business. That way of attacking a candidate is actually going to turn on them,” one expert tells TheWrap
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Politics
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AMC Networks Swings to Q2 Net Loss of $29.2 Million, US Ad Revenue Falls 11% on Linear TV Challenges
The company recorded $97 million in impairment charges related to the devaluation of its international business and BBC America
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Business
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‘House of the Dragon’ Tops Nielsen Streaming Chart for the First Time Ever With 1.27 Billion Viewing Minutes
Buzz for Peacock’s “Love Island USA” boosted the franchise to tally up a viewership of 1.03 billion minutes
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TV
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News Corp. Reports 6% Boost in Q4 Revenue to $2.58 Billion, Touts OpenAI Deal
The media company turned a net loss of $32 million in 2023 into net income of $71 million driven largely by Dow Jones Segment
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Business
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Paramount Global Q2 Net Loss Balloons to $5.4 Billion as Company Takes $5.98 Billion Impairment Charge on Cable Networks
The media giant’s direct-to-consumer division swung to a profit of $26 million as Paramount+ shed 2.8 million subscribers
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Business
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Endeavor Looks to Sell OpenBet, IMG Arena Ahead of Silver Lake’s Take-Private Deal
The company reported a net loss of $253.8 million and revenue of $1.75 billion in its second quarter of 2024
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WrapPRO
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Disney vs. Warner Bros. Discovery: A Tale of 2 Earnings | Analysis
WBD’s $10 billion net loss shocked Wall Street while Disney turned a corner on streaming profitability ahead of schedule
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WrapPRO
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Black O&O Cable Channel TV One Isn’t Straying From Its 20-Year Mission to Be ‘for Us by Us,’ President Says
Office With a View: Michelle L. Rice shares the importance of Black ownership in media and how TV One is a “pipeline” for upstart talent
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TV
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Warner Bros. Discovery Q2 Net Loss Widens to $9.99 Billion as Company Records $11.2 Billion in Impairment, Restructuring Charges
The media giant topped 103 million direct-to-consumer subscribers, but the DTC segment posted a $107 million loss for the quarter
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Business
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