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The latest stories published on The Desk.
AMC Networks rebrands to AMC Global Media
AMC Networks is changing its name to AMC Global Media, a move meant to better align the company with its commitment to its traditional cable television networks and budding streaming-based offerings.
Jeffrey Shell departs Paramount amid legal dispute
Jeffrey Shell is stepping down as Paramount president and board member amid a legal dispute over alleged misconduct.
California DOJ warned Nexstar of probe into TEGNA merger before deal closed
Nexstar proceeded with its deal after federal approvals, prompting lawsuits from states and DIRECTV over antitrust concerns.
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Federal judge delays order on injunction in Nexstar-TEGNA merger lawsuit
A federal judge delayed ruling on an injunction in the Nexstar-TEGNA case after hearing arguments from both sides.
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Carrie Healey joins NAB as VP of Communications
The National Association of Broadcasters has named Carrie Healey as the Vice President of Communications
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Fox to use Kalshi predictive data in news, weather forecasts
Prediction marketplace Kalshi has signed a deal with Fox Corporation to integrate its data into various editorial and tech products.
Paramount confirms Middle East money will fund Warner Bros acquisition
The deal includes $45.7 billion in equity commitments and $54 billion in debt financing from major lenders.
ESPN layoffs connected to Disney’s YouTube TV dispute, report says
A multi-week programming dispute between the Walt Disney Company and Google-owned streaming service YouTube TV is still having an impact, months after the carriage dispute was settled.
Amagi launches new tool to help stations turn newscasts into social clips
Amagi has unveiled a new tool called Newspulse that uses artificial intelligence to help television stations convert their news broadcasts into social media clips.
CBS gives “Late Show” time slot to Byron Allen
Paramount's broadcast network CBS will hand over the 11:35 p.m. Eastern Time slot to Byron Allen in mid-May upon the closure of its "Late Show" franchise.
Locality acquires media planning software developer Deben
The deal adds planning and optimization tools for better audience targeting across broadcast and streaming, Locality said.
Fubo updates investors on financial targets, charts course toward profitability
Fubo expects to become free cash flow positive by 2027 without needing additional financing.