E.W. Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.
Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway.
https://www.cnbc.com/2024/04/22/disney-cto-aaron-laberge-to-leave-company-for-personal-reasons.html
Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password-sharing crackdown may be ending.
https://www.cnbc.com/2024/04/18/netflix-earnings-what-subscriber-reporting-change-means.html
The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to sources.
McMahon resigned as executive chairman of the WWE in late January after a former employee, Janel Grant, accused him of sexual abuse and trafficking.
Comcast announced Wednesday it is launching NOW, a new prepaid and month-to-month streaming and phone plan aimed at lower-income customers.
The unusual transaction Skydance is offering Paramount Global isn't ideal for shareholders, but it may be better than nothing.
https://www.cnbc.com/2024/04/05/skydance-paramount-global-deal-details-of-david-ellison-bid.html
Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners' Nelson Peltz.
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders rejected the effort.
Vanguard has voted for Disney management ahead of Wednesday's shareholder meeting, Bloomberg News reported citing people familiar with the matter.
https://www.cnbc.com/2024/04/02/disney-proxy-fight-vanguard-voting-for-management-over-peltz.html
Private equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings for $27.50 a share.
The Disney proxy fight pits Trian Partners' Nelson Peltz against the board and CEO Bob Iger.
Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board of directors, effective immediately.
Walden has proven herself as a top TV executive, but some ex-Disney executives question whether her resume is suitable for the Disney CEO job.
https://www.cnbc.com/2024/04/01/disney-ceo-race-dana-walden-could-defy-critics-and-make-history.html
Peltz and his firm, Trian Fund Management, have asked investors to nominate him and former Disney Chief Financial Officer Jay Rasulo to the board.
CNBC spoke with ESPN chief Jimmy Pitaro, former Disney CEO Bob Chapek, and former ESPN President John Skipper as part of a digital documentary on ESPN's future.
https://www.cnbc.com/2024/03/21/espn-executives-talk-streaming-plans-in-cnbc-documentary.html
Former Disney CEO Bob Chapek spoke to CNBC about ESPN and its future in his first public comments since his 2022 firing.
The support from the George Lucas endorsement is key, because he's Disney's largest individual shareholder, but also because of his standing in Hollywood.
"You cannot separate sheikh and state," one Conservative member of Britain's Parliament said of the deal.
CNBC's annual SurveyMonkey Women at Work study revealed a female workforce that's frustrated with more work and less work-life balance.
https://www.cnbc.com/2024/03/12/cnbc-women-at-work-survey-2024.html
Blackwells Capital says that Mason Morfit's ValueAct has collected $95 million in fees to manage Disney pension funds prior to backing management.
These 50 women leaders are innovating at the largest companies, startups and nonprofits. CNBC spotlights how they are changing the global economy and society.
Warner Bros. Discovery has paused merger discussions with Paramount Global as the company trades at a 52-week low, sources told CNBC.
https://www.cnbc.com/2024/02/27/warner-bros-discovery-halts-paramount-global-merger-talks.html
Altice USA shares rose as much as 50% after reports Charter is considering a takeover.
Warner Bros. Discovery Chief Executive Officer David Zaslav has championed generating free cash flow for more than a year, but investors may not care.
Warner Bros. Discovery boosted free cash flow but the company fell short of analyst estimates for revenue and profit.
https://www.cnbc.com/2024/02/23/warner-bros-discovery-wbd-earnings-q4-2023.html
FuboTV cited what it calls "extreme suppression of competition in the U.S. sports-focused streaming market."
https://www.cnbc.com/2024/02/20/fubotv-sues-disney-fox-warner-bros-over-sports-joint-venture.html
The key question for pay TV distributors such as Comcast, Charter and DirecTV is whether they'll be able to offer the same sports bundle as the joint venture.
Paramount Global CEO Bob Bakish announced the company will lay off hundreds of employees Tuesday, just a day after CBS announced Super Bowl viewing records.
https://www.cnbc.com/2024/02/13/paramount-global-lays-off-about-800-employees-after-super-bowl.html
While the NFL has been the most popular show on turf, now, it's gaining traction as one of the greatest shows on the internet.