UPDATED with closing prices. Charter Communications shares plummeted 25.5% Friday, their biggest single-day sell-off, after the company delivered first-quarter results that disappointed Wall Street. Earnings per share of $9.17 on a diluted basis fell well […]
Dade Hayes
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In his first major move since passing the Disney CEO baton to Josh D’Amaro, Bob Iger has rejoined Thrive Capital as an advisor. Josh Kushner, the firm’s founder, confirmed the move in a post on […]
Meta, which owns Facebook, Instagram and WhatsApp, plans to lay off 10% of its workforce amid ongoing investments in generative AI. The company offered details to employees in a memo. Bloomberg had the first report […]
Warner Bros. Discovery CEO David Zaslav‘s compensation tied to the company’s pending merger with Paramount was rejected by an eye-opening 82% of shareholders, the company said Thursday. Earlier in the day, the company convened a […]
Dawn Ostroff, a former top exec at Spotify, Condé Nast Entertainment and The CW, has joined the board of directors of AI advertising firm Moloco. Founded in 2013, Moloco operates an AI-native ad platform that […]
In his first public comments since a federal judge blocked Nexstar’s merger with Tegna, Nexstar CEO Perry Sook took aim at DirecTV, one of the plaintiffs maneuvering against the $6.2 billion deal. “The idea that […]
EXCLUSIVE: Peacock’s ad-free tier, Premium Plus, will soon be available on Roku Premium Subscriptions under a new agreement between NBCUniversal and the major streaming provider. Along with being ad-free (outside of live sports) the highest […]
The $6.2 billion merger of Nexstar and Tegna, a game-changing deal poised to reshape the media business, has been on the lips of many NAB Show attendees this week. But a panel Monday afternoon with […]
David Dibble, a technologist and former senior executive at Cablevision and Yahoo, has been named vice chairman of Sphere. The appointment by Sphere Entertainment will formalize Dibble’s work helping executives at the entertainment, tech and […]
QVC Group, whose networks pioneered the concept of live TV shopping in the 1980s and built it into a mainstay of the late-20th century media business, has filed for Chapter 11 bankruptcy. The voluntary filing […]
Netflix stock fell 10% Friday, with many Wall Street analysts raising questions about the company’s strategic direction. The company’s first-quarter results, released after the close of Thursday trading, beat expectations for revenue and earnings, but […]
Netflix “built our M&A muscle” during its ill-fated quest to acquire Warner Bros, Co-CEO Ted Sarandos told Wall Street analysts Thursday. “We’ve learned so much about deal execution, about early integration,” Sarandos said. “We’re really […]
Netflix topped Wall Street expectations for earnings and revenue in the first quarter, but the streaming giant’s shares still took a dive in after-hours trading Thursday. Revenue rose 16% from the year-ago period to hit […]
Google Cloud has set a multi-year partnership with Avid as the companies look to add generative and agentic AI tools to the video editing process. The team-up was announced ahead of Saturday’s start of the […]
A record 103 world premiere feature films are on tap at the 25th edition of the Tribeca Festival in June. While celebrity-driven films have long been a staple of Tribeca (along with Oscar-destined documentaries and […]
EXCLUSIVE: Wonder Project, the independent producer of series like House of David, has teamed with pedigreed AI startup Luma to launch a new company, Innovative Dreams. Described as a blend of production services provider, R&D […]
Roku said Thursday it has passed 100 million global streaming households. The company hit the milestone this month across connected devices and smart-TVs. Through licensing deals with a number of OEMs, Roku’s interface is in […]
Jon Feltheimer, who has run Lionsgate for more than a quarter-century, has had his contract as CEO extended through July 2031. The two-year extension, disclosed Wednesday in an SEC filing, follows a previous extension in […]
Snap Inc. is laying off 16% of its full-time workforce, or about 1,000 employees, with CEO Evan Spiegel declaring that “a new way of working” is possible thanks to artificial intelligence. In a memo to […]
The topic of contract negotiations with studios and streamers was off the table Monday night as SAG-AFTRA leaders put the focus on unity and celebration at the union’s annual “Rock the City” event in New […]
Amazon’s Prime Video Channels has launched a limited-time bundle of Apple TV and Peacock Premium Plus for $19.99 a month. The bundle, which offers a nearly $10 savings over the combined price of the individual […]
Disney CEO Josh D’Amaro has confirmed layoffs affecting up to 1,000 employees in the company’s streamlined marketing and brand organization. The top exec, who was officially named Bob Iger’s successor in February, conveyed the news […]
The Winter Olympics in Milan-Cortina, Italy vaulted NBCUniversal and Versant ahead of YouTube in Nielsen‘s Media Distributor Gauge report. The breakdown by distributor, as well as the monthly Gauge look at market share for individual […]
The Audacity, whose premiere Sunday is a significant event for AMC Global Media, is getting a full-tilt promotional push and a novel rollout on TikTok and Samsung smart TVs. Executive produced by Succession alum Jonathan […]
YouTube Premium is implementing its first price hikes since 2023, lifting the monthly cost of its main plan by $2 a month to $15.99. YouTube Premium Lite is going up a dollar to $8.99 and […]
Comcast has unveiled a major expansion of a streaming bundle operated by its Xfinity broadband and video systems, adding the Hulu–Disney+ combo and HBO Max to the roster. The new services join existing tenants Peacock, […]
The NFL is being investigated by the U.S. Department of Justice over concerns that its media deals violate antitrust laws and harm consumers. A government official confirmed the probe when contacted by Deadline. The official […]
Jeff Shell is unlikely to be directly replaced as president of Paramount, numerous insiders and people who do business with the company tell Deadline. Despite weeks of speculation about Shell’s future amid allegations that he […]
AMC Networks is changing its name to AMC Global Media, a rebranding in keeping with changes in the broader media landscape and within the company. The company announced the shift Wednesday in an SEC filing. […]
Paramount says its board of directors followed “standard practice” in evaluating the conduct of President Jeff Shell before his exit from the company. In a statement Wednesday, Paramount expressed thanks to Shell for serving as […]
Paramount is launching a publishing imprint, saying it will help boost established franchises and brands and develop original IP. Dubbed Paramount Global Publishing, the imprint will start in the U.S. and Canada, with other international […]
Paramount‘s beleaguered stock jumped nearly 11% Tuesday after news of deep-pocketed Middle East backers joining its Warner Bros. Discovery takeover. The shares, which had fallen 20% in 2026 heading into Tuesday’s trading, finished at $10.90 […]
Joseph J. Collins, a leading cable executive as the pay-TV platform became a dominant part of the media industry in the late 20th century, has died. He was 81. A family representative said Collins died […]
After revealing their surprise acquisition of Ben Affleck-founded AI firm InterPositive last month, Netflix executives and the actor-director emphasized how much it would benefit the creative community. A patent application filed in 2024 and recently reviewed […]
Roku‘s low-priced, commercial-free movie streaming service Howdy has rolled out a stand-alone mobile app. The subscription streamer, which launched last summer, is a somewhat counter-intuitive move for the ad-revenue-focused Roku. The premise of the service, […]
Shopping-oriented FAST channel Amazon Live is joining the lineup of one of the leading free streaming platforms, Samsung TV Plus. With more than 100 million monthly active users, Samsung TV Plus leverages the strength of […]
Realscreen and NATPE, two decades-old TV trade shows, have been shuttered by their owner, Brunico, which blamed “ongoing industry consolidation.” Kidscreen, an event focused on children’s entertainment, is also being discontinued. In an announcement, Brunico […]
The New England Patriots and Seattle Seahawks are making their debuts on HBO‘s behind-the-scenes NFL series Hard Knocks. The Seahawks, who beat the Patriots last month in Super Bowl LX, will be the focus of […]
Nexstar stock fell 11% as Monday’s trading day neared its end, reflecting investor angst over a federal judge’s decision temporarily blocking the company’s merger with Tegna. The drop is a stunner for the shares, which […]
Subscribers and consumer advocates may be frowning on Netflix‘s latest price hikes, but Wall Street is celebrating the move. The streaming giant’s stock price doesn’t yet reflect it, analysts’ uniformly positive reaction is perhaps the […]
“Creator marketing is at an inflection point,” declared Anne Marie Nelson-Bogle, VP, Ads Marketing, YouTube on Thursday at the video giant’s NewFronts presentation to ad buyers. With both audiences and brands gravitating toward creator fare […]
DAZN, the global sports streaming outlet backed by billionaire Len Blavatnik, is planning to launch live streaming access for viewers traveling on airplanes and boats. The expansion, planned for 2027, is being called DAZN Inflight. […]
The next NFL season will open on a Wednesday night for the first time since 2012, with the Seattle Seahawks beginning their Super Bowl title defense on September 9. Seattle’s opponent will be confirmed at […]
NBC late-night host Seth Meyers, Saturday Night Live cast member Mikey Day and baseball great Cal Ripken Jr. all joined Comcast Advertising‘s presentation to ad buyers Wednesday in New York. The NewFronts pitch focused on […]
EXCLUSIVE: Coming-of-age romantic feature An Autumn Summer, starring Lukita Maxwell and Mark McKenna, has been acquired by Blue Harbor Entertainment. Maxwell is known for appearing in Apple TV series Shrinking and A24’s upcoming film Backrooms. […]
Top TikTok execs on Tuesday sought to assure advertisers the company has “done the hard work” to become a safe, reconstituted entity worthy of their continued investment. Adam Presser, CEO of TikTok’s USDS Joint Venture […]
Tubi is adding two scripted originals aimed at Gen Z audiences and has set a novel partnership with Apple for Formula 1 altcasts. The announcements were among several made by the Fox Corp. streaming service […]
Video game publisher Epic Games is laying off 1,000 workers, citing a drop in engagement with its signature title, Fortnite. In a memo to employees (read it in full below), CEO Tim Sweeney noted that […]