Fox Bros: Last News

Todd Spangler NY Digital Editor Fubo, which bills itself as a sports-first TV subscription streaming service, is suing Disney, Fox Corp. and Warner Bros. Discovery over the trio’s plans to launch a sports streaming bundle.

Todd Spangler NY Digital Editor Nelson Peltz, the activist investor who runs hedge fund Trian Partners, believes urgent change is needed at Disney. He’s waging a proxy-fight battle to install himself and ex-Disney CFO Jay Rasulo as directors, a vote that will go up at Disney’s 2024 annual shareholders meeting April 3. What does Trian want? “Fundamentally and crudely, we want the stock to go up,” Peltz says in a video on Trian’s Disney proxy-fight site.

Brian Steinberg Senior TV Editor The nation’s biggest media chiefs have for months asked investors to be patient. Wait until the back half of 2023, they’ve said, when ad money will start to flow once again. Now companies like Paramount Global, Comcast, Disney, Fox and Warner Bros. Discovery need to play a waiting game of their own. Ad budgets are expected to be down in the industry’s “upfront” market, when U.S. media companies try to sew up deals for the bulk of their advertising inventory ahead of the fall launch of their next programming cycle. Big marketers are not only uncertain about what new content will be available come autumn – a writers’ strike has squelched production of everything from late-night programs to scripted comedies and dramas – but what they should expect from the economy over the next few months.

In her show’s first season, Quinta Brunson won the Emmy for Outstanding Writing For a Comedy Series tonight, making her only the second Black woman to win in the category after Lena Waithe, and the first to win solo. Waithe shared her win in 2017 with Aziz Ansari for an episode of Master of None, titled “Thanksgiving”.