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Dade Hayes

Disney Reorganization, Layoffs Loom Amid Bob Iger’s Return As CEO – Deadline read full article at celebrity-news.live

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The preliminary exuberance and aid following Bob Iger’s return as Disney CEO has been changed by anxiousness as hypothesis a couple of pending company restructuring is intensifying — and with it, rumors concerning the layoffs which can be more likely to comply with. Rumblings of a brand new org-chart unveiling …

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Netflix Execs Say Advertising Tier Is Off To “Solid” Start; Viewing Is On Par With Ad-Free Level, Will Account For 10% Of Company Revenue In Coming Years read full article at celebrity-news.live

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Netflix’s landmark entry into ad-supported streaming, which began last November, is off to a “solid” start and will soon bring in at least $3 billion in annual revenue, executives said. “The hardest step is that first step as you’re crawling,” Co-CEO Greg Peters said during the company’s fourth-quarter earnings interview. …

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“Mostly It’s Just Continuity And Moving Forward” – Deadline read full article at celebrity-news.live

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Newly minted Netflix Co-CEO Greg Peters and Ted Sarandos, who has held that title since 2020, say no major strategic shifts are in the immediate offing after Reed Hastings passed them the leadership baton. “We don’t have a bank of changes that we’ve been holding for this moment,” Peters said …

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YouTube Returns To Mid-May TV Upfronts Slot In New York With Annual Brandcast Event For Advertisers – Deadline read full article at celebrity-news.live

Brandcast 2022

For a second straight year, YouTube will host its annual Brandcast pitch to video ad buyers during the heart of what had been a week dominated by traditional TV network upfronts in New York. The digital video giant, which had been an anchor tenant of the more digitally focused NewFronts …

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Netflix Q4 Report To Kick Off Year Of Streaming Scrutiny As Hollywood And Wall Street Try To See If The Math Works – Deadline read full article at celebrity-news.live

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Netflix, after pulling itself out of a grueling series of setbacks in the first part of 2022, will face another test Thursday afternoon when it reports fourth quarter financial results. In addition to kicking off quarterly earnings season for media and entertainment companies, the report will usher in a year …

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‘America’s Funniest Home Videos’ Creator Vin Di Bona Sells Majority Stake In His Production Companies To Investor Group Led By Clarion Capital read full article at celebrity-news.live

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America’s Funniest Home Videos creator Vin Di Bona has sold a majority stake in his eponymous production company and FishBowl Worldwide Media to an investor group led by Clarion Capital Partners. Di Bona is remaining CEO of both companies, which will be key components of Clarion-backed entity V10 Entertainment. V10 …

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Who Is Activist Investor Nelson Peltz And What’s His Plan? – Deadline read full article at celebrity-news.live

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Investor Nelson Peltz’s broadside against the the Walt Disney Co., and the prospect of rare proxy fight at the media giant, stunned media circles this week — and a flurry of SEC filings over the past few days suggest plenty more fireworks to come. The activist investor’s demand for a …

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Samba TV Offloads Media Sales Assets To UK-Based Programmatic Firm MiQ, Tightens Focus On Data And Measurement Business – Deadline read full article at celebrity-news.live

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Data and measurement firm Samba TV is offloading its media sales business to UK firm MiQ in order to clarify its strategic focus at a time when Nielsen’s struggles have opened the door to new competitors. The companies have reached a multi-year commercial partnership, which will see them continue to …

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Netflix, Now In The Ad Sales Business, Takes The Traditional CBS Slot During Upfront Week For Presentation At Paris Theatre – Deadline read full article at celebrity-news.live

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Netflix, now with advertising to sell, has swooped in to take the traditional CBS slot capping off the traditional broadcast upfront week in May. The streaming giant, which rolled out an advertising tier in November, will host ad buyers at the Paris Theater in New York on May 17. CBS …

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Apple CEO Tim Cook Again Nears $100 Million Annual Pay In Fiscal 2022 But Company Plans To Slash His Pay 40% This Year After “Shareholder Feedback” read full article at celebrity-news.live

Apple Tim Cook

Apple CEO Tim Cook came close to $100 million in total compensation for the second straight year, taking home $99.4 million in fiscal 2022, according to a proxy statement filed with the SEC. The filing notes that Apple’s compensation committee plans to slash the top exec’s pay by more than …

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Fox, NBCUniversal, Paramount, TelevisaUnivision & Warner Bros Discovery Put More Pressure On Nielsen, Teaming With VAB And OpenAP – Deadline read full article at celebrity-news.live

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Media rankings consortium OpenAP and and the Video Advertising Bureau, have fashioned a joint committee with TV giants Fox, NBCUniversal, Paramount, TelevisaUnivision, and Warner Bros. Discovery, with the objective of pushing options to Nielsen numbers. In an announcement, the committee mentioned the objective is “to allow a number of currencies …

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Fox, News Corp. Sign 20-Year Lease Renewals At New York Headquarters – Deadline read full article at celebrity-news.live

Fox News Corp HQ

Rupert Murdoch’s Information Corp. and Fox Corp. have signed 20-year renewals of their leases of their longtime shared headquarters in New York at 1211 Avenue of the Americas. The up to date agreements with Ivanhoé Cambridge, a real estate subsidiary of a Québec funding agency, span 1.2 million sq. ft …

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