Latest in Corporate Affairs

Pro wrestling fans in the U.S. will soon be grappling with a significant transition in their streaming habits, with the WWE Network heading to Peacock. Starting March 18, as the companies announced in January, the NBCUniversal service will begin rolling out WWE Network content. Stand-alone WWE streaming service will…

Fox Corp. and the Association of National Advertisers' SeeHer initiative are teaming up on a partnership called “She’s a Hero,” to honor and celebrate female first responders. Timed to International Women's Day, the effort will kick off on tonight’s episode of Fox drama 9-1-1. SeeHer member L'Oréal Paris will sponsor…

AMC Entertainment CEO Adam Aron earned $20.9 million in total compensation last year, double $9.6 million the year before due to a big bonus and stock awards. According to the company’s SEC filing Friday, Aron’s package in 2002 included a base salary of $1.1 million, a bonus of $5 million and stock award of $14.8…

UPDATED with AMC proxy figures, Aron’s 2020 compensation: In one of the few interviews he has granted during AMC Entertainment’s white-knuckle 2021, CEO Adam Aron hailed the reopening of New York City and shared his thoughts on the “Reddit rally.” Speaking with CNBC (watch the full segment above) on Friday, he said…

Popcorn and all other concessions will not be sold at the IFC Center, at least for now. But films, actual films, will be projected on all five of its screens beginning Friday for the first time in nearly a year. “The room will be black — you won’t be on your phone!” Kajillionaire director Miranda July marveled in a…

About two years after Fox Corp. started a new chapter as a slimmed-down, TV-centric company, CEO Lachlan Murdoch observed, “It’s a good year not to own movie studios and theme parks.” In a rare appearance at a Wall Street conference, the executive weighed in on NFL negotiations, the outlook for Fox News, ad-supported…

Marcus Corp., which runs the fourth-largest movie theater circuit in the U.S., posted fourth-quarter results below Wall Street forecasts, but execs point to brighter days in the next few months. “If the film schedule holds,” CFO Doug Neis said during a conference call with analysts, “we have much higher hopes that…

WarnerMedia CEO Jason Kilar expects the upcoming launch of the cheaper, ad-supported version of streaming service HBO Max to unlock new value and boost subscriptions. “It turns out that most people on this planet are not wealthy,” Kilar said during a virtual appearance at Morgan Stanley’s Technology, Media & Telecom…

LiveXLive Media, owner of PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions, has tabbed Andy Vick as head of programming and EVP of StudioOne, LiveXLive's's newly-formed content division. StudioOne will focus on developing and distributing new original programming and tentpole events…

A New York jury will not hear the profanity packed emails of original The Walking Dead showrunner Frank Darabont in the trial for the $300 million profits participation battle from the Shawshank Redemption director and CAA against AMC – at least for now. "The Court is not swayed by Defendants' argument that, absent…

A sports betting partnership between Dish Network and DraftKings has hammered the stock of upstart streaming bundle provider FuboTV. Shares in Fubo, which have been on a wild ride in recent months but have risen more than 300% over the past year, were down 19% as the trading day reached the home stretch. The company…

Amazon Fire TV has bolstered its lineup of live streaming channels to more than 400 — half of which are free, ad-supported offerings — and has updated several features. Nearly 20 programmers are supplying live channel content, among them bundled subscription services like YouTube TV, Sling TV and Philo. Newly…