Tag: cable networks

Sony Pictures Entertainment CEO Tony Vinciquerra warned of "chaos" in Hollywood over the next two years, predicting a wave of mergers, bankruptcies, and sales. He highlighted the struggles of companies with cable networks, contrasting Sony’s position with that of Warner…

Variety looks into Warner Bros. Discovery's myriad of challenges including legal battles, ad sales conflicts, and declining morale at CNN, while struggling to maintain relationships with key stakeholders like advertisers and sports leagues. WBD's financial health, impacted by a $9.1…

Netflix achieved the highest growth among media distributors in June, driven by the third season of Bridgerton, with an 11.8% increase in viewing, according to Nielsen's Media Distributor Gauge report. Disney retained the top spot with 10.8% of total TV…

Paramount Global and Skydance Media have finalized a $28 billion merger, with David Ellison taking over as CEO. Ellison aims to transform Paramount into a tech-driven powerhouse by enhancing Paramount+'s technology and using AI for operations. The merger faces industry…

Paramount Global is exploring asset sales to save $500 million annually, reduce debt, and focus on streaming. Potential sales include BET Media, linear cable networks like Comedy Central and Nickelodeon, and international networks such as Network 10 and Channel 5.…