Viacom, AT&T Pass Carriage Deadline With Talks To Avoid Blackout Continuing

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Viacom and AT&T remain in carriage negotiations but have failed to reach an agreement before the expiration of their current carriage deal at midnight on the East Coast. The signals of 23 Viacom networks have not gone dark yet across DirecTV and U-…

Discovery CEO David Zaslav’s Pay Triples After Scripps Deal To $129.4M

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Discovery CEO David Zaslav saw his overall compensation more than triple in 2018, the year the company closed of the $14.6 billion Scripps Networks Interactive acquistion, reaching $129.4 million. Most of the total came in the form of equity options.
T…

STX Chief Brand Officer Patricia Rockenwagner Exiting The Company

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Patricia Röckenwagner, who was promoted a year ago to Chief Brand Officer of STX Entertainment, is leaving the company.
Last March, the company upped Röckenwagner from Chief Communications Officer to a larger brand role overseeing communications and ma…

Criterion Channel, Rising From FilmStruck Ashes, Sets April Launch Slate

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The Criterion Channel, the streaming service that is bringing classic films back online after the widely lamented shutdown last fall of WarnerMedia’s FilmStruck, has set the lineup for its launch on April 8. (See it below.)
The channel features t…

Fox Corp. Appoints Jeff Taylor As EVP And Chief Litigation Counsel

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Fox Corp., which is still in its initial days as a stand-alone company after the close of the historic Disney deal, has appointed Jeff A. Taylor as EVP and Chief Litigation Counsel.
Taylor will report to Chief Legal and Policy Officer Viet D. Dinh. He …

WarnerMedia Will Add A Diversity Executive To Top Management Team

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WarnerMedia chief John Stankey has told employees that he plans to add a Chief Diversity & Inclusion Officer to the executive ranks of the AT&T subsidiary.
The message comes during a period of transition for the company formerly known as Time W…

Fox Consumer Products Chief Jim Fielding Joins Post-Disney-Deal Layoff List

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Jim Fielding, a veteran consumer products executive, is one of the high-ranking Fox managers who will be exiting in the wake of Disney’s $71.3 billion acquisition of most of Fox.
He had joined the company in 2017 from DreamWorks Animation, taking…

Screen Media Parent Chicken Soup For The Soul Sets Senior Executive Trio

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Chicken Soup for the Soul Entertainment, whose holdings include established specialty distributor Screen Media, has appointed three top executives to its management team.
Philippe Guelton has been named EVP of CSS Entertainment and president of VOD net…

Comcast Debuts Xfinity Flex Streaming Service For Internet-Only Customers

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Aiming to meet growing demand for video content by its internet-only customers, Comcast is rolling out Xfinity Flex, a new streaming service that will combine VOD, free, ad-supported live streams and access to subscription apps.
The new offering, launc…

DOJ Antitrust Chief Makan Delrahim On Failed AT&T Appeal: “You Learn More From Losing Than From Winning”

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Makan Delrahim, head of the U.S. Department of Justice’s antitrust division, said the DOJ’s legal defeat in its long quest to block AT&T’s acquisition of Time Warner was disappointing but did bear some fruit on appeal.
“You …

Fox Sets Disney “Transaction Tax,” Plans Investor Confab; Stock Slips Again

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Fox Corp. has confirmed it received a $2 billion cash payment from Disney, which reduces the “transaction tax” the new entity paid to 21st Century Fox to $6.5 billion. Both were expected steps following the closing of the $71.3 billion Disn…

Nexstar Sells Off TV Stations Worth $1.3B, Including New York’s WPIX

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Nexstar Media Group, whose pending deal to acquire Tribune Media will make it the No. 1 owner of local TV stations in the U.S., said it is selling off 19 stations in 15 markets, a move that will net the company $1.32 billion in cash.
Rival station grou…

Disney-Fox Deal: Per-Share Value Set, Bob Iger Hails “Historic Moment”

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Hours before their asset combination closes, Disney and Fox released the per-share value of the deal and offered a final blessing by Disney CEO Bob Iger, who called the deal “an extraordinary and historic moment for us.”
Disney’s $71 …

MoviePass Restores Movie-Per-Day Subscription Plan At $9.95 Teaser Rate

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MoviePass, which has experimented with a range of subscription schemes in recent months, is rolling out an “uncapped” movie-per-day plan that will be $9.95 for those who pay for 12 months in advance.
The plan costs $14.95 on a month-to-mont…

‘Frozen’ Marks Broadway Anniversary With News Of International Expansion

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With the Broadway production of Frozen about to mark its first anniversary, Disney Theatrical Productions has announced versions of the show will be performed in Australia, London and Germany in 2020 and 2021.
The international rollout follows the prev…

Fox Corp. Begins New Era As Stand-Alone Company, With Former House Speaker Paul Ryan Joining Board

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With fewer than 24 hours remaining before the acquisition of 21st Century Fox by Disney closes, the remaining stand-alone entity Fox Corp. begins trading today and has announced new members of its board of directors.
The company will maintain the ticke…