Ynon Kreiz named co-CEO of merged Paramount-Warner Bros. Discovery alongside David Ellison
Mattel's CEO becomes David Ellison's right-hand executive as the Paramount-WBD combination moves toward closing.
CNBC · +14 outlets
Disney to restructure TV business and cut hundreds more jobs, WSJ reports
The reorganization under incoming CEO Josh D'Amaro adds to a wave of cost-cutting across Disney's television operations.
Reuters · +12 outlets
Paramount-WBD synergy architect Cardinale says most of $6B in cost savings will not come from layoffs
RedBird's Gerry Cardinale argues the projected savings are not simply a headcount reduction as the merger nears completion.
Deadline · +2 outlets
Judge dismisses Penske Media lawsuit against Google over AI search summaries
The court finds no formal agreement obligating Google to send publishers search traffic, a setback for news outlets battling AI overviews.
Thewrap · +14 outlets
Ynon Kreiz to receive $31.5M signing bonus and $46M-plus package as Paramount co-CEO
An SEC filing discloses the five-year compensation terms for Paramount's newly named co-CEO.
Variety · +3 outlets
Disney CCO Dana Walden addresses layoffs, blames technology for disruption to the business
Walden cites technology's impact on Disney's business and links the live-action Moana flop to Moana 2, while confirming job cuts.
Yahoo News UK · +3 outlets
Eddie Murphy to star in Peacock drama 'The Chairman' from 'Mad Men' creator Matthew Weiner
The project would be Murphy's first leading role in a live-action scripted television series.
Variety · +8 outlets
Peacock greenlights 'Fast & Furious' TV series, targeting 2028 premiere
The franchise, which has grossed more than $7 billion theatrically, gets its first scripted television adaptation.
Variety · +4 outlets
Federal appeals court upholds Thomson Reuters' landmark AI copyright win
The ruling marks the first federal appellate affirmation in a copyright case over AI training data.
Niemanlab · +11 outlets
Raine Group close to selling majority stake in Ron Howard and Brian Grazer's Imagine Entertainment
The storied production company behind Friday Night Lights has not had a runaway hit in a decade.
Thewrap · +7 outlets
Netflix co-CEO Sarandos says company is 'not growing as fast as I want'
The streaming leader faces investor pressure on growth as theatrical rivals rally on strong blockbusters.
Bloomberg.com · +13 outlets
California's local news tax credit bill becomes law
The largest state-level local news measure in the U.S. ties tax credits to the number of journalists newsrooms employ.
Niemanlab · +14 outlets
AMC seeks $4 billion debt overhaul as box office rebounds
The exhibitor moves to restructure its balance sheet amid a recovering theatrical market.
WSJ · +2 outlets
Fox News tops September and Q3 cable news ratings as CNN and MS NOW post gains
Fox News remained the most-watched cable news network even as its viewership slipped versus the same periods last year.
Deadline · +9 outlets
Columbia Journalism School to pause its M.A. program and launch an online degree
Dean Jelani Cobb announced the pause in admissions alongside a new part-time online degree.
Niemanlab · +13 outlets
Starz goes dark on Verizon FiOS amid carriage dispute
The blackout follows failed negotiations over a distribution agreement covering Starz channels, on-demand and its app.
Deadline · +11 outlets
Warner Bros. sends cease and desist over Fox Nation's 'The Vow'; network rejects 'Bachelor' infringement claim
Fox Nation disputes Warner Bros.' claim that Chris Harrison's new dating series infringes on The Bachelor.
Deadline · +2 outlets
Netflix stock drops sharply as movie theaters surge on blockbusters
A reported 40% decline in Netflix shares accompanies a rebound in theatrical attendance.
조선일보 · +1 outlets