Pinterest Files For An Initial Public Offering Of Stock On NYSE

Read on: Deadline.

Digital scrapbook Pinterest has filed for an initial public offering of stock, joining what should be a busy IPO season for tech stocks. Pinterest is a big site for so-called influencers, who use it to tout fashion, interior design, and travel tips, am…

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

Read on: Deadline.

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-…

Craig Hunegs Indicates 20th TV, Fox 21 & ABC Studios Will Remain Autonomous; Dana Walden Shares Excitement For Future

Read on: Deadline.

After the exodus of top Fox film executives and the shutting down of the respected Fox 2000 label as Walt Disney Studios absorbed the 20th Century Fox movie operations, the focus shifted to the TV side.
As we reported, outside of TV distribution, which…

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

Read on: Deadline.

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

Read on: Deadline.

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…

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

Read on: Deadline.

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

Read on: Deadline.

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

Read on: Deadline.

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

Read on: Deadline.

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…

Peter Bart: Billionaires Find Their Hollywood Ambition Greenlights Political Scrutiny

Read on: Deadline.

The billionaire set has always looked upon movies as diverting toys. They offer glitz and glamour, but also pose one ominous trap: public scrutiny. This was underscored by breaking news this week involving three high-profile billionaires: Steven Mnuchi…

Lachlan Murdoch Charts Entrepreneurial Future For Fox With All Employees As Shareholders

Read on: Deadline.

A day into slimmed-down Fox’s life as an independent public company, chairman and CEO Lachlan Murdoch addressed Fox Corp.’s 7,500 employees at a town hall meeting held at the Zanuck Theatre on the Fox lot in Los Angeles and available via we…

Comcast Debuts Xfinity Flex Streaming Service For Internet-Only Customers

Read on: Deadline.

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…

Fox Celebrates First Day Of “Fresh Start” With One-Time Only Greatest Hits Spot

Read on: Deadline.

“The company that we knew and loved is changing,” says a prophetic Terrence Howard tonight in a clip from Empire used in sizzle spot celebrating the birth of a new era at what is a slimmed down and new Fox.
Running during the latest episode of theLee D…

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

Read on: Deadline.

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

Read on: Deadline.

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

Read on: Deadline.

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…

Viacom Storms DirecTV With ‘Daily Show’ Warning Of Looming Blackout

Read on: Deadline.

It’s no laughing matter to Viacom that AT&T could be dropping its channels from DirecTV and U-verse in just a couple of day but Comedy Central’s The Daily Show became the battlefield in the latest pay-TV carriage war tonight.
As host Trevor Noah li…

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

Read on: Deadline.

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 …