Latest in Corporate Affairs

Dish Network showed progress in its pivot toward the wireless business, smashing Wall Street’s fourth-quarter earnings estimates and reporting just shy of 8 million retail wireless subscribers as of the end of 2022. The company’s shares perked up 5% on the news, ending the trading day at $13.76…

Giant Spanish-language powerhouse TelevisaUnivision, which merged just over a year ago, saw sales surge 22% in the fourth of 2022 to $1.45 billion on strong World Cup games. Advertising revenue was up 14% in the U.S. and 10% overall. Vix, now the largest dedicated Spanish-language streaming service…

Motion Content Group, an industrious producer and co-financier of Love Island, Wynonna Earp and some 1,800 other series globally, is rebranding as GroupM Motion Entertainment in North America. The move comes amid a broader pivot toward premium programming. Motion Content, already…

Rich Hull is shifting to an advisory role at TelevisaUnivision in the wake of the Hispanic media giant's acquisition of Vix, the Spanish-language streaming service he founded with Rafael Urbina. At TelevisaUnivision, which acquired Vix in 2021 and later added premium companion Vix+, Hull had a stint…

James Dolan, interim executive chairman of AMC Networks, made a rare appearance on the company’s quarterly earnings call with Wall Street analysts, addressing a major exec change and the strategy for facing a complicated operating environment. Asked about reports of M&A overtures and whether he sees…

AMC Networks on Friday posted strong fourth-quarter results, with total revenue rising 20% over the prior-year quarter to $964.5 million, while earnings per share jumped almost fivefold to $2.52. Wall Street analysts had expected revenue of $947.8 million and EPS of $1.20. Related Story …

The NFL and ReachTV, a provider of free, ad-supported programming to hotels and airports, have extended the deal they set in 2021 for another four years. More local games are in store under the extended pact, as well as pregame shows.  Previously: With its regular season set to start tonight, the NFL has…

Starting on Saturday, Silicon Valley will be airing on TBS and True Blood will air on TNT in an experiment to attract new audiences with existing IP. Both shows will be edited for ad breaks and content, both receiving a TV-MA rating. HBO content has been syndicated in the past – The Sopranos…

NBCUniversal has promoted Tammy Filler and Jamie Cutburth to the position of EVP in the advertising and partnership group and upped Jenny Depper to SVP of E! News Digital. Filler had been editor-in-chief of E! News and Cutburth had been an SVP of creative and development in the ad and partnership…

Warner Bros Discovery chief executive David Zaslav earned $232 million in excess compensation in 2021, according to As You Sow's latest annual ranking of the most overpaid CEOs among S&P 500 companies. Amazon, Apple, Disney and Netflix are also high up in the group’s ninth report that looks beyond total…

Linda Yaccarino, head of advertising and partnerships at NBCUniversal, has been named group chair of UK management firm YMU. The new role is not expected to interfere with Yaccarino’s day-to-day responsibilities at NBCU, where she is directly responsible for ad revenue of more than $10 billion a…

Hasbro CEO Chris Cocks said the toymaker is seeing “strong interest” from bidders on the company’s eOne subsidiary, a majority of which was put on the block last fall amid a host of financial and strategic challenges. “Our focus on content is centered around Hasbro IP for the long term,” Cocks said…