Business
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Sinclair Strikes Agreement With Creditors to Recapitalize Debt
The deal is designed to strengthen the TV station owner’s balance sheet and better position itself for long-term growth
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DirecTV Partners With WBD, Fox & Disney for MySports Package Following Death of Venu
The option gives subscribers access to 40 sports and broadcast channels and is available in 24 metro areas
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Rashida Jones Steps Down as MSNBC President
Rebecca Kutler, SVP of Content Strategy, will step in as interim president of the news organization
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All the Major Hollywood Studios and Companies Donating to LA Wildfire Recovery Efforts
Organizations like the American Red Cross and the LAFD Foundation are helping communities impacted by the Palisades and Eaton fires
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Amazon Donates $10 Million for LA Fire Relief Efforts
The tech giant has donated over 145,000 essential items to 17 local organizations working on wildfire response
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Barry Diller Takes Charge of IAC as CEO Joey Levin Exits
The leadership reorganization comes as IAC plans to spin off home services platform Angi in the first half of 2025
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Netflix Donates $10 Million to LA Fire Relief, Recovery Efforts
The streamer will also provide temporary housing to employees who lost their homes in the destruction
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Atlantic Theater Company Postpones 2 Off Broadway Productions as IATSE Stagehands Go on Strike
Eliya Smith’s “Grief Camp” and Mona Pirnot’s “I’m Assuming You Know David Greenspan” have been postponed indefinitely
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Disney Commits $15 Million to LA Area Fire Relief, Rebuilding Efforts
The entertainment giant also plans to provide further resources to its Employee Relief Fund to assist those impacted by the destruction
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NewsNation, 63 Nexstar TV Stations Go Dark on Optimum Amid Carriage Dispute
The contract expired at 5 p.m. ET Friday
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Supreme Court Signals It May Uphold TikTok Ban Despite No Decision on Friday
The popular app is set to be banned from the U.S. on Jan. 19
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Priya Aiyar Joins Warner Bros. Discovery as Chief Legal Officer
The American Airlines legal chief will join the media giant in February, reporting directly to WBD CEO David Zaslav
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Venu Sports Is Dead: Disney, Warner Bros. Discovery and Fox Scrap Joint Streaming Venture
The three companies will instead be focusing on “existing products and distribution channels”
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Mario Gabelli Asks Delaware Court to Order Paramount to Turn Over Skydance Deal Docs
The formal complaint follows a books and records request seeking more information about how much Shari Redstone would be paid for her Class A shares in the $8 billion merger
