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Paramount to lay off thousands following merger with Skydance Media
Paramount is moving forward with plans to lay off thousands of employees following its $8 billion merger with Skydance Media, according to numerous reports on Friday.

Viewpoint: MS NOW is an underwhelming, confusing cable news brand
In his latest column, Kirk Varner questions why brand consultants weren't advised, and notes this isn't the first time an NBC property went through a troublesome brand identity refresh.
OPINION

E-mails: Nexstar, TEGNA CEOs announce $6.2 billion merger to employees
On Tuesday, Nexstar CEO Perry Sook and TEGNA CEO Mike Steib sent emails to their employees following the broadcasters' announcement of a $6.2 billion merger.

Viewpoint: What does Sinclair’s “strategic review” really involve?
Sinclair CEO Chris Ripley says the company is exploring “strategic opportunities” for its Broadcast division and may separate its Ventures arm, sparking speculation over possible buys and restructuring.
OPINION

Sinclair launches strategic review of businesses
Sinclair, Inc.'s board of directors has authorized a comprehensive strategic review of its broadcast operations, with the goal of possibly spinning out or selling certain assets

ESPN to bundle with Fox One for $40 per month
A bundle that offers Fox One with ESPN Unlimited will be offered in June for $40 per month, the two media companies announced on Monday.

Fubo moving forward with sports-only plan, may integrate Hulu channels
A new skinny package called "Fubo Sports" is launching in the coming weeks; the company is looking at various ways to integrate Hulu with Live TV into its core app.

Disney to launch ESPN Unlimited on August 21
The streaming plan unlocks access to ESPN's multiplex of cable networks and live sports programming from ABC for $30 per month.

Streaming, theme parks boost Disney’s fiscal Q3 earnings to $23.65 billion
Streaming turned profitable during Q3, with Disney Plus and Hulu reaching 183 million subs and streaming-related income rising to $346 million.
EARNINGS REPORT

Skydance to bring “performance-based culture” to CBS News
Skydance Media will institute a "performance-based culture" at CBS News when its deal with Paramount closes next month.

Comcast launches “StreamStore” streaming marketplace for Xfinity customers
The portal serves as a central destination for starting and managing streaming subscriptions and renting TV shows and movies, all of which are billed directly to a Comcast subscriber's account.

Swerve Sports, dedicated to women’s sports, launches on free streaming platforms
Swerve TV has launched a new free, ad-supported streaming television (FAST) channel focused exclusively on women’s sports.