Disney, Fox, WBD Sports Streaming Venture Taps SiriusXM’s Jessica Casano-Antonellis as Head of Communications

Todd Spangler NY Digital Editor Julia Phelps, Paramount Global‘s executive VP and chief communications and corporate marketing officer, is exiting after almost 20 years with the company and predecessor Viacom. Phelps had long worked with Bob Bakish, who was ousted as CEO of the company last month and replaced by a three-exec committee. Phelps, in a memo to her team Friday, said she will leave Paramount at the end of May.

sports-streaming service set to be launched by Walt Disney, Warner Bros.

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.

Todd Spangler NY Digital Editor Disney CEO Bob Iger said that as the traditional pay-TV universe continues to shrink, the company is cutting its investment in content for linear TV networks while also amortizing that expenditure across streaming platforms. The strategy is “to reduce pretty dramatically our investment in content specifically aimed in those traditional networks,” Iger said Wednesday at MoffettNathanson’s 2024 Media, Internet and Communications Conference in New York.

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.

Todd Spangler NY Digital Editor CAA has turned to technology vendor Veritone to help build and operate the talent agency’s early-stage database housing replicas of its clients’ digital likenesses. In September 2023, CAA launched The CAA Vault, an in-house service based in Burbank, Calif., that can scan, capture and securely store clients’ digital likenesses (face and body) and voice. The point is to give talent ownership, control and permission over their digital identities to address issues of consent, credit and compensation related to AI usage.

Todd Spangler NY Digital Editor Roku has landed exclusive multiyear rights for Major League Baseball‘s Sunday Leadoff live games, a package previously with NBCUniversal’s Peacock. Starting May 19, Roku will stream Sunday MLB games for free on the Roku Channel. The company also will launch a new MLB Zone to help baseball fans find live and upcoming games, nightly recaps, highlights, a fully programmed MLB free, ad-supported streaming TV channel, and other content across the Roku platform.

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 Julie McNamara, one of Spotify‘s top podcast content execs, is leaving the company, Variety has confirmed. McNamara, who joined the company in 2021, most recently served as VP and global head of podcast studios. She oversaw Spotify Studios, which consolidated the Parcast and Gimlet groups producing original podcasts, as well as licensed podcast deals with partners including Joe Rogan, Alex Cooper (“Call Her Daddy”) and Emma Chamberlain.

Todd Spangler NY Digital Editor They’re not dead yet: Most of Vice Media Group‘s digital brands — including Vice.com — will be relaunched under a new joint venture formed by the struggling media company. But the future of Vice News remains uncertain. In February, Vice Media had announced that it would stop publishing content on consumer-facing digital outlets and the Brooklyn-based company laid off several hundred employees.

Todd Spangler NY Digital Editor Netflix used to say its goal was to become HBO faster than HBO could become Netflix. Well, Netflix succeeded on that front. Now Warner Bros.

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.

Todd Spangler NY Digital Editor NBCUniversal inked a deal with iHeartMedia making it the exclusive audio partner for the Olympic Games Paris 2024. Under the agreement, iHeart will provide 24-7 play-by-play audio channels for select NBCU linear coverage of the Olympic Games.

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 Disney‘s adjusted earnings per share for the March quarter beat Wall Street forecasts — but the company’s stock price stumbled amid concerning signs for the Mouse House. Shares of Disney were down 9.5%, to $105.41 per share, as of 11:30 a.m.

Todd Spangler NY Digital Editor Tubi will give up-and-coming creatives a streaming platform — and funding — for their passion projects, with an assist from Issa Rae. The Fox Corp.-owned free, ad-supported streamer launched Stubios, which it calls “a fan-fueled studio” for aspiring filmmakers and their fans.

Todd Spangler NY Digital Editor Disney‘s entertainment streaming segment, anchored by Disney+, scored its first profitable quarter, helping offset continued weakness in the media conglomerate’s linear TV business for the first three months of 2024. Overall, Disney revenue for the quarter ended March 30 was in line with Wall Street expectations, while it beat on adjusted earnings per share.

Jessica Casano-Antonellis, a former exec at Disney+, Hulu and Vimeo, is returning to the streaming sector as the head of communications for the new sports-centric service coming from ESPN, Fox and Warner Bros. Discovery.