Fox Corp Latest Celebrity News & Gossip

Todd Spangler NY Digital Editor Video platform provider Vimeo named Philip Moyer, a senior exec at Google Cloud overseeing AI applied engineering and business development, as CEO and member of its board. Moyer’s appointment is effective April 8, 2024.

Todd Spangler NY Digital Editor The joint venture of Disney/ESPN, Fox Corp. and Warner Bros. Discovery to package together a sports streaming bundle has a name — Venu Sports.

Brian Steinberg Senior TV Editor The turmoil in TV and advertising has been reflected in a high level of turnover among top TV ad sales executives, so media buyers will be doing business with a number of new faces in this year’s upfront advertising sales market. Madison Avenue’s growing reliance on streaming video has given rise to a new array of top sales honchos. Jeff Collins is leading Fox Corp.’s efforts this year following the retirement of sales stalwart Marianne Gambelli.

Jennifer Maas TV Business Writer When NBCUniversal kicks off TV’s traditional week of upfront presentations on Monday, picket-free sidewalks outside Radio City Music Hall will be a sight for sore eyes following last year’s noisy protests in the first weeks of what proved to be the nation’s “hot labor summer.” Hosting a programming presentation at a megawatt New York City venue like Radio City or Javits Center is stressful enough. Executives are eager to return to business as usual in wooing Madison Avenue.

Todd Spangler NY Digital Editor Disney and Warner Bros. Discovery — ordinarily rivals for consumers’ time and money — are teaming up for a triple-play bundle of Disney+, Hulu and Max. The companies announced a new streaming bundle comprising Disney+, Hulu and Max will be available this summer in the U.S.

Fox CEO Lachlan Murdoch said the upcoming sports streaming venture with Disney/ESPN and Warner Bros. Discovery is forging ahead with over 150 engineers now on board dedicated “to building a unique and innovative product” for sports fans outside the traditional cable bundle.

Fox Corp. saw revenue dip for its fiscal third quarter as advertising slid on tough comps with the Super Bowl broadcast the year earlier.

Brian Steinberg Senior TV Editor Fox Corp. said it swung to a profit in its fiscal third quarter despite slumps in advertising revenue, largely due to the absence of charges associated with a massive legal setback tied to Fox News Channel and a boost in affiliate fees.

Todd Spangler NY Digital Editor Jessica Casano-Antonellis is exiting SiriusXM to join the new Disney, Fox Corp. and Warner Bros. Discovery sports-streaming venture as head of communications.

Brian Steinberg Senior TV Editor Fox Corp. has slimmed down since it sold the bulk of its cable and studio assets to Walt Disney Co. in 2019, but its new head of ad sales is eager to take on bigger rivals.

Todd Spangler NY Digital Editor The Disney/ESPN, Fox Corp. and Warner Bros. Discovery sports-streaming joint venture has drawn congressional scrutiny.

Brian Steinberg Senior TV Editor CBS is forecasting that viewer interest in the ins and outs of national weather is about to gain new wind. Wendy Fisher, a longtime senior executive at ABC News who ran its newsgathering operations, has been named to lead a newly formed national weather-news operation that will work with both national and local news programs across CBS’ news-and-stations unit. “This is a significant team effort, as Weather coverage plays a role in virtually every program produced by CBS News and Stations,” said Adrienne Roark, president of content development and integration for the Paramount Global division, in a memo sent to staffers Monday.

Fox Television Stations has promoted John Brauer to SVP of Insights and Media Measurement.

Hope Hicks, the former close aide to Donald Trump, is expected to testify in the former president’s upcoming New York criminal trial related to hush money payments to former porn actress Stormy Daniels.

Fox Corp. COO John Nallen says the company is “much more focused on growing the business than we are on selling the business” despite accelerating pay-TV declines and other challenges.

Rupert Murdoch is looking to get married once again!

Todd Spangler NY Digital Editor Disney CEO Bob Iger acknowledged that the company is behind Netflix in terms of technical capabilities — and that the Mouse House is in the process of catching up. “We need to be at their level” of technical capability, in order to reduce marketing expenses and cut churn rates, Iger said about Netflix, speaking Tuesday at the 2024 Morgan Stanley Technology, Media & Telecom Conference. Iger reiterated that Disney is on track to achieve profitability in the streaming business — which includes Disney+, Hulu and ESPN+ — by the fiscal quarter that ends September 2024.

The forthcoming sports streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery will reach 5 million subscribers in its first five years, according to a projection shared Monday by Fox CEO Lachlan Murdoch.

Todd Spangler NY Digital Editor Fubo chief David Gandler took the gloves off in lambasting the joint venture formed by Disney, Warner Bros. Discovery and Fox Corp.

Paramount Global CEO Bob Bakish derided a planned streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery for having “only a subset of sports.”

Fox Corp. streaming service Tubi has updated its brand identity, with a new logo whose letters are designed to echo the company’s invitation to viewers to “find your rabbit hole.”

Todd Spangler NY Digital Editor Tubi has given its logo an overhaul and a new coat of vivid paint — and has introduced a buoyant sonic logo akin to Netflix’s “tudum” — as the Fox Corp.-owned streamer prepares to launch into more international markets. The free, ad-supported streaming service’s new brand identity was developed in partnership with London design consultancy DixonBaxi. The new logo and sonic brand will begin rolling out across all supported platforms, including in the Tubi user interface, starting Wednesday, Feb.

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.

Trey Gargano has been promoted to executive vice president of as sales for all Fox News Media platforms.

Brian Steinberg Senior TV Editor Trey Gargano has been named executive vice president of ad sales, taking the reins of the outlet’s efforts to drive millions of dollars in advertising revenue at a time when Madison Avenue has seemed more ambivalent about news content. Additionally, Ryan Roelle has been promoted to senior vice president of national sales, and will focus on endemic and national advertising in addition to leading linear and digital sales across the country.

Brian Steinberg Senior TV Editor Fox Corp. is getting traditional for TV’s Upfront Week. After experimenting in the last few years with smaller venues for its annual upfront presentation, the company has chosen a more theatrical venue for its showcase.

Brian Steinberg Senior TV Editor Geraldo Rivera, a longtime news correspondent and talk-show host with a knack for the theatrical, is taking up roots at a new outlet. The one-time Fox News Channel personality, also known for his time as a syndicated daytime presence, has joined Nexstar Media’s NewsNation as a correspondent at large, effective immediately. He is expected to appear across daytime and primetime programming and will make his first appearance Wednesday evening on “Cuomo,” which airs at 8 p.m.

Fox Corp. ad sales chief Marianne Gambelli is retiring, and the company has named Fox News vet Jeff Collins as her replacement.

Todd Spangler NY Digital Editor Tubi CEO Anjali Sud, the former chief exec of Vimeo who started at the Fox Corp.-owned free TV streaming service last year, has tapped her former lieutenant at Vimeo, Courtney Sanchez. Sanchez, who has more than 20 years of experience in media and tech, joins Tubi as chief strategy officer and EVP of operations. She worked at Vimeo, the video-hosting platform, from 2014-22 and most recently served as COO, where she helped the company go public.

The peak TV era may be over, but free, ad-supported streaming television is continuing to boom.