Distribution
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Disney TV Acquisitions Exec Chuck Saftler to Exit After 32 Years
Sean Cocchia will take over Saftler’s duties following a transition period
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Inside the Crowdfunding Campaign to Keep Letterboxd Independent
A public benefit corporation has raised over $100,000 to get started on a formal bid. But can the long shot effort actually succeed?
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Deals & M&A
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Charter Closes $34.5 Billion Cox Merger
The deal will create the nation’s largest Internet and video provider by subscriber base
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Paramount-WB Deal Could Cost LA 4,500 Film and TV Jobs and $2.8 Billion, Study Finds | Exclusive
Over 5,800 indirect or induced jobs from related small businesses could also be at risk over the next three years
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FCC Slams ABC for ‘Ongoing Disinformation Campaign’ in Wake of First Amendment Lawsuit
The regulator maintains it is operating in the public interest, even if Disney is “obviously very concerned” about the proceeding
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World Cup, NBA Finals Lift Broadcast Viewership to 19.8% in June
Fox and NBCU/Versant were the biggest beneficiaries, but their gains were not enough to topple YouTube and Disney
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TV
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Peacock Launches Beta Rewards Program for Select Subscribers
Benefits will include NBCU and Bravo Shop discounts, a complimentary one-year Instacart+ membership and a Pizza Hut digital code
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Paramount Wants State AGs, WGA to Pay $1.88 Billion Bond for Ticking Fees, Other Costs in WB Legal Battle
California’s Rob Bonta condemns the request as “blackmail” to get state AGs to “back down” from trial
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‘It: Welcome to Derry’ Renewed for Season 2 at HBO
The next installment will take place in 1935 during the Great Depression and centers on the bloody massacre of a group of bank robbers called the Bradley Gang
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David Ellison Says Paramount Has Offered ‘Concessions and Commitments’ on Warner Bros. Merger, Urges AGs to Reach Settlement
The CEO’s call comes as the $110 billion deal has satisfied all other regulatory conditions across 68 countries
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Disney CEO Josh D’Amaro Says ABC Is ‘Not Going to Be Told How to Run’ Its Business Amid FCC Fight
“We’re going to stand up to what we believe is journalistic integrity,” the executive tells CNBC
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David Zaslav Sells $21.7 Million in Warner Stock Amid Paramount Merger Legal Limbo
The Warner Bros. Discovery CEO previously sold $59 million worth of the media giant’s stock in July and $114 million in March
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Paramount Considers Creating Oversight Board at CNN
The discussions come amid concerns about the network’s independence in the pending $110 billion Warner Bros. Discovery merger
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Congressman Jamie Raskin Accuses David Ellison of Colluding With Trump to ‘Curtail Media Independence’
He also says Paramount is trying to “spread political censorship and suppress dissent” as it seeks to close a pending $110 billion merger with Warner Bros. Discovery
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Alex Cooper’s Unwell Valued at $500 Million After Investment From Patrick Whitesell’s WTSL
It marks the first outside investment taken by the “Call Her Daddy” host’s media company
