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News
Huge Job Losses & Economic Pain If Paramount Exits LA, County Report Says
10+ hour, 7+ min ago (302+ words) There will be harsh job losses and severe economic pain if Paramount carries out its threat to leave California over the antitrust action a coalition of blue state Attorneys General are pursuing to stop David Ellison‘s $111 billion merger with…...
Former DreamWorks & MGM TV Exec Brian Edwards Teams With Alpha Film Founders To Launch Time Zone Capital
2+ day, 18+ hour ago (240+ words) EXCLUSIVE: Former DreamWorks and MGM TV exec Brian Edwards has joined Alpha Film & Television founders Jon Hamm and Zack Sherman and finance investor Jaan Bains to launch a new global financing outfit dubbed Time Zone Capital. The company, which is…...
Grup Mediapro Switching Imagina Identity After Reorganization
2+ day, 19+ hour ago (330+ words) Spain‘s Grup Mediapro will relaunch as Imagina on January 1, 2027, following a major company review. The decision to relaunch comes after “several months of reorganization” and was announced internally yesterday at an all-staff meeting. “The change revives a name the…...
NBCUniversal’s Split From Comcast Will “Allow Us To Move Faster,” Media Group Chief Matt Strauss Says
2+ day, 19+ hour ago (356+ words) NBCUniversal Media Group Chairman Matt Strauss is extremely bullish on the company’s forthcoming split from Comcast. “There is genuine excitement” about the move inside the company, Strauss said Thursday at an investor conference hosted by BofA Securities. “We feel really…...
Fox Corp. COO John Nallen Says Roku Deal On Track To Close Despite “Entirely Expected” DOJ Scrutiny
3+ day, 10+ hour ago (244+ words) Fox Corp. President and Chief Operating Officer John Nallen said the company’s $22 billion acquisition of Roku is on track to close despite a new request for information from regulators. Speaking at the Goldman Sachs Communacopia conference in San Francisco on…...
Supreme Court Says AGs Must Respond To Merger Suit Objections From Red States
3+ day, 13+ hour ago (282+ words) When all is said and done, the antitrust clash between Paramount Skydance and a dozen blue states may be best articulated by a certain Earth, Wind & Fire tune and remembering a day or two in September. In a move that…...
Comcast CFO Notes Ongoing Epic Universe Softness, Dinging Stock; NBCU Split on Track
3+ day, 16+ hour ago (518+ words) Comcast chief financial officer Jason Armstrong defended the company’s pending spinoff of NBCUniversal from its core connectivity operations, saying that “after a decade-plus building two strong businesses … there’s a bit of a divergence in terms of what [they] are focused…...
Sony Pictures CEO Ravi Ahuja On Strategy Of Targeted Expansion Vs “Disruptive” Mega M&A
3+ day, 19+ hour ago (245+ words) Sony Pictures Entertainment’s chairman- CEO Ravi Ahuja said the company’s restoration of the historic Cinerama Dome and reopening of the adjacent 14-screen former ArcLight Hollywood complex is a great way to expand the company’s brand without “mega M&A.” “Large…...
Channel 4 Confirms Plans To Cut 340 Jobs
3+ day, 22+ hour ago (544+ words) Channel 4 has announced the deepest round of layoffs in its 43-year history. The British network, home to shows including The Great British Bake Off and Taskmaster, is planning to cut 340 jobs by the end of 2026, meaning its workforce will shrink…...
International Revenues Of $2.1B Boost British TV Makers – Pact Census
4+ day, 10+ hour ago (913+ words) Revenue from Britain’s independent producers hit its second-highest total last year, despite spend from UK broadcasters falling beneath £2B ($2.7B) for the first time since 2020. The numbers from Pact come as the UK producers body warned that the BBC must avoid a…...