MSNBC Viewership Craters 38%, CNN 27%, While Fox News Audience Jumps 41% Post-ElectionBy Loree Seitz MSNBC and CNN have shed hundreds of thousands of viewers while Fox News viewership has skyrocketed after Donald Trump won the 2024 presidential election. Paramount Government Relations Head, Chief People Officer Eligible for $1 Million Payouts When Skydance Deal ClosesBy Lucas Manfredi Two Paramount Global executives will be eligible to receive a massive $1 million payment when the company’s pending $8 billion merger with Skydance Media closes in the first half of 2025. The awards, which are being granted to global public policy and government relations executive vice president Doretha Lea and chief people officer Nancy Phillips, will represent 100% of their annual base salaries as of Nov. 15, subject to the terms and conditions described in their transaction award program agreement. Comcast's Bold Move to Slim Down NBCUniversal Sets It Up for a Streaming-Focused Future | AnalysisBy Lucas Manfredi As legacy media navigates the transition from the declining linear business to streaming, Comcast CEO Brian Roberts has taken a bold step: cutting the cord from his media conglomerate’s cable network portfolio. The move is designed to position NBCUniversal for future growth, jettisoning the assets that are dragging down share value and structuring the spinoff, temporarily called SpinCo, to drive a cash-flow business for as long as cable can hang on. Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. |