More From Jill Goldsmith
Warner Bros. Discovery Shareholders Slam CEO David Zaslav’s Compensation In Say-On-Pay Vote
Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today.
The so called say-on-pay vote saw nearly half of all votes cast coming…
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Ted Sarandos Will Skip PEN America Gala Honoring Him Amid WGA Strike Given “Threat To Disrupt” Event
Ted Sarandos, who was set to receive the PEN America Visionary Award at the literary group’s gala next week in NYC, won’t be attending amid an ongoing strike and vigorous picketing on both coasts by the WGA.
Related Story
Netflix's Reed Hastings, Ted Sarandos See Jump In 2022 Pay Packages…
Story Arc:
Writers Guild Strike
May 10, 2023
May 10, 2023
May 10, 2023
Disney CEO Bob Iger Calls AI “Disruptive,” Difficult To Manage From An “IP Perspective”
Disney chief executive Bob Iger weighed in on AI today, staying general but calling the battleground technology good for Disney’s business, but disruptive.
“It's pretty clear that AI represents some pretty interesting opportunties for us, and some substantial benefits. In fact, we are already…
Story Arc:
Writers Guild Strike
May 10, 2023
May 10, 2023
May 10, 2023
Disney Pulling Some Content Off Streaming In Strategic Rethink
Disney will be yanking content from streaming as it rethinks its costs and strategy, and is looking at a content impairment charge of $1.5 billion to $1.8 billion as it does.
“We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to…
Disney Parks’ Profit Jumps As International Recovery Takes Hold
Disney Parks & Experiences generated the bulk of parent profits and about a third of total revenue last quarter with a noteworthy swing in international from Hong Kong to Shanghai to Paris.
Total sales at the divison called Disney Parks, Experiences and Products jumped 17% to $7.8 billion, the…
Endeavor CEO Ari Emanuel Says “We Completely Support Our Clients” In WGA Strike; Wildcard This Time – Three Pure-Play DTC Companies
As the Writers Guild of America strike moves into its second week, the chief executive of Endeavor, Ari Emanuel, said, "We completely support our clients in this situation. There are real issues that have to be addressed. We support our clients as they navigate these.”
Talking with Wall Street…
Story Arc:
Writers Guild Strike
May 10, 2023
May 10, 2023
May 10, 2023
Endeavor To Pay Its First Cash Dividend, Plans Stock Buyback Ahead Of UFC-WWE Merger
Endeavor will start making quarterly cash dividend payments of up to $25 million starting in the third quarter, is planning to repurchase up to $300 million worth of shares, and will pay down $50 million more in debt as sees its cash position improving with a big asset sale, and ahead of the planned…
Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell
Hadley Gamble, whose complaints led to the firing of ex-NBCUniversal boss Jeff Shell late last month, is leaving CNBC, the network said today.
"CNBC today announced that Hadley Gamble, Anchor and Senior International Correspondent, is leaving the company. Gamble has been a distinguished journalist…
Lachlan Murdoch Says $2.7 Billion Smartmatic Suit “Fundamentally Different” Than Dominion; No Change In Fox News Programming Strategy
No one was expecting an apology and in fact Fox CEO Lachlan Murdoch applauded "the highest journalistic standards" displayed at Fox News, saying the near $800 million settlement with Dominion Voting Systems was a business decision made to resolve the dispute and "avoid the acrimony of multi-year…
Fox CEO Lachlan Murdoch Sees Little Impact From WGA Strike Given Company’s Focus On Sports, News & Unscripted Fare
Fox CEO Lachlan Murdoch says Fox Corp. is in a good place despite the ongoing WGA strike given its mix of programming.
On a call with financial analysts this morning after the company’s latest quarterly earnings, he said: “On the writers’ strike, I think for us we are well positioned, and we think…
Story Arc:
Writers Guild Strike
May 10, 2023
May 10, 2023
May 10, 2023
Fox Swings To $50 Million Quarterly Loss On Dominion Settlement
Fox Corp. said it swung to a $50 million loss last quarter from a $290 million profit the year before mostly due to mainly to expenses relating to ligitation with Dominion Voting Services.
The company reached a legal settlement with Dominion in April for nearly $800 illion.
In the company’s…
Paramount Names Michael Engleman CMO Paramount+ Domestic & Showtime; Puja Vohra Is EVP, Consumer Marketing
As the official rollout of "Paramount+ with Showtime approaches, the Paramount Global platform unveiled a unified Paramount Streaming Data & Marketing Group led by Domenic DiMeglio, EVP and chief marketing officer, Paramount Streaming.
Key organizational changes: Michael Engelman was named CMO…
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