Comcast
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Comcast to Sell Sky Deutschland to Bertelsmann’s RTL Group
The deal includes $176 million in cash and a “variable consideration” linked to the latter’s stock performance capped at $442 million
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Versant Appoints New Suite of Leadership Hires Across Marketing, Editorial
The Comcast spinoff company also names new appointees across its technology operations and legal divisions
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Bob Iger Says WBD, Comcast Splits Give Disney ‘Stronger Hand’ to Stay in Linear TV Business
“These spinoff companies won’t have the assets from a streaming perspective that we will have. I think that gives us an advantage,” the chief executive told CNBC on Tuesday
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Comcast’s Versant Finds Temporary Location for New York HQ
Employees will begin moving to the space, which has been referred to internally as “Summer Camp,” in August
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National Legal and Policy Center Proposes Replacing Comcast’s Brian Roberts With Independent Chairman
The conservative lobbying firm argues his dual role as CEO and chairman gives him an “inordinate amount of insufficiently checked power”
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Does Hollywood Need to Worry About a Charter-Cox Merger?
Any time distributors consolidate it signals a shift in leverage, but the early betting is that the $34.5 billion deal combining cable operators won’t dramatically sway the balance
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TV
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Comcast’s Versant Launches Programming With Traditional Cable Slate — and Alan Cumming
The company recruits Kimora Lee Simmons, Michelle Visage, Kristin Cavallari and more as they prepare to split from NBCUniversal
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Comcast’s Versant Taps NBCU’s Susie Kricena and Michael Sluchan as Programming Execs
Cori Abraham, Jenny Depper, Janice Ferrell and Rebecca Vazquez-Rhodes also board the new company housing Comcast’s cable network portfolio
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NBCUniversal to Sell Ad Inventory for Comcast Cable Spinoff Versant in Next 2 Upfront Cycles
Mark Marshall oversees Versant’s sales strategy and revenue, while Tom Winiarski leads ad sales and monetization
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Comcast’s Spinoff Will Be Called Versant
“It speaks to our adaptability and embraces the opportunity to shape a new, modern media company,” CEO Mark Lazarus told staffers Tuesday
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Shares of Disney, Netflix, Lionsgate Drop on Trump’s 100% Movie Tariff Proposal
Even with the larger stock market trading down on Monday, the parent companies of film studios are seeing steeper declines
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NBCUniversal Starts New Round of Layoffs Ahead of SpinCo Separation
The company is letting go of dozens of workers across TV and streaming divisions
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For Media CEOs in the News Business, Trump Turns M&A Dreams Into a Quid Pro Quo
Pressure on Paramount over “60 Minutes” could preview deal-making challenges for other studios like WBD and Comcast
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The Media Front
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Comcast CEO Brian Roberts’ 2024 Pay Dips to $33.9 Million
The package marks a 4.5% decrease from $35.5 million a year ago
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Comcast Revenue Slips to $29.9 Billion in First Quarter on Continued Broadband, Pay TV Subscriber Losses
Comcast’s theme parks business saw revenue tumble 5% to $1.9 billion in the first quarter, on lower attendance and impact from the L.A. wildfires
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