The executive is being promoted to executive vice president of global content acquisitions
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The deal, which will be completed in stages and is subject to regulatory approval, will see WBD pay $57 million for a 30% stake
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The protester held a sign that simply read, “Release Me!!”
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The streamer will also remove the offering and CNN Max from its Basic With Ads tier starting March 30
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The division will be led by Channing Dungey as CEO, Brett Paul as COO, Howard Lee as CCO, Susan Kolar as chief financial and strategy officer and Karen Bronzo as global CMO
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This new deal will includes expanded streaming rights for Max and Discovery+ in the U.S.
The post Comcast and Warner Bros. Discovery Reach Multi-year Distribution Agreement for Xfinity and Sky UK appeared first on TheWrap.
Apollo Global Management tried seven times to gain a foothold in the bidding but ultimately lost out to Skydance Media’s $8 billion deal, an SEC filing reveals
The post Inside Paramount’s Search for a Buyer: Apollo’s Letters, Redstone’s Rejections and ‘Party F’ appeared first on TheWrap.