Netflix founder and executive chair Reed Hastings has gifted 2 million shares, worth over $1.1 billion at the stock’s current price, to the Mountain View, Calif.-based Silicon Valley Community Foundation. The move was noted in a recent SEC filing without the beneficiary named. The donation was a big chunk of Hastings’ Netflix stock — about 40%. He still owns 2,991,541 shares, the filing said. The stock closed Monday at $575.08.
Reba McEntire, fresh off her run as a coach on NBC’s The Voice, will star in an untitled comedy that has earned a pilot order at the network. The multi-camera vehicle will reunite McEntire with former Reba showrunner Kevin Abbott, who is set to write the script for the project.
Exclusives
In a memo to staff, Paramount Advertising President John Halley announced the company had hired two executives to head its small and midsized client business and launch the self-service platform. Emily Huo was named SVP of SMB advertising and will be responsible for the company’s go-to-market strategy. Huo had been global director of SMB advertising at Spotify and previously held posts at Reddit and Twitter. Luke Peng joins Paramount as VP of product, SMB Advertising, reporting to Huo. He will develop and optimize products for the SMB platform.
The veteran media executive with more than three decades of experience will lead KREX, KGJT and WesternSlopeNow.com as well as overseeing operational agreements for Mission Broadcasting’s KFQX.
She will focus on business and legal affairs for Allen Media Group’s television, movie, and premium content deals.
Fired by CNN in 2021, Cuomo now has the top-rated show on the upstart NewsNation. Even with a much smaller audience, he’s still making waves.
The Interactive Advertising Bureau (IAB), the digital media and marketing trade association, on Sunday appointed John Halley, president, Paramount Advertising, as the new Chair of the trade organization’s board of […]
Slammed by allegations of rape, defecation, sex trafficking and more, Vince McMahon is out at WWE and UFC parent company TKO Group Holdings. “I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth,” McMahon said Friday evening of the scorching lawsuit against him filed earlier this week. “I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name. However, out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” the WWE co-founder added.
Civil rights lawyers and Democrats are sounding alarms about Mr. Musk’s claims about voting. The Biden campaign called his posts “profoundly irresponsible.”
Maria Kyriacou, Paramount Global’s president of broadcast and studios on the international markets side, is leaving the company. This change comes as Paramount scales down its international originals offerings to focus more on the U.S. market. The news was broken to staff in a memo sent by Paramount international boss Pam Kaufman and CBS CEO George Cheeks and aligns with the company’s shifting 2024 strategy.
On the heels of its first show of 2024, BYB 23 Brawl in the Pines II this past Thursday in South Florida, BYB Extreme Bare Knuckle Fighting Series CEO Gregory […]
In her new role, Donoghue will work closely with existing teams to uncover new, sustainable growth opportunities and bolster product and customer experience. She will also be charged with spearheading various internal processes.
In her third promotion in a little over three years, Netflix‘s Head of Drama Jinny Howe is further expanding her oversight to all of the streamer’s drama areas, adding Spectacle + Event, current series and shows coming out of Netflix’s roster of overall deals to her purview.
Flexibility was key to the deal for the star host as Comedy Central hopes to reenergize its flagship show.
Telemundo’s WNJU New York has named Yessi Hernandez as news and entertainment anchor and host of Acceso Total, the station’s entertainment and lifestyle program airing Monday to Fridays at 11:30 a.m. […]
Dolly Parton has teamed up with CBS to present the Dolly Parton’s Pet Gala special which is slated to premiere on CBS Network and on Paramount+ on Feb. 21 at 9 p.m. ET/PT. The special will air live and on demand for Paramount+ with Showtime subscribers, or on demand for Paramount+ Essential subscribers the day after the episode airs.
