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The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat. After guests arrive on Tuesday, official activities get under way Wednesday.

Banff, the Canadian television event set in the Rocky Mountains, continues to attract top U.S. execs with Channing Dungey the latest addition.

The upcoming sports streaming service from ESPN, Fox & Warner Bros. Discovery has found its boss.

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.

A Fox Corp. shareholder got a bit of a brushoff when he asked if or how the company was doing anything structurally to protect itself against legal liability around the 2020 election and if and how executive pay policies may have been tweaked to to reflect ongoing legal peril.

Fox CEO Lachlan Murdoch said linear television is still the best way to protect the company’s sports programming, which, at the moment, “derives the most value from being behind a paywall, behind the traditional cable and satellite pay-TV universe.”

No one was expecting an apology and in fact Fox CEO Lachlan Murdoch applauded “the highest journalistic standards” displayed at Fox News, saying the near $800 million settlement with Dominion Voting Systems was a business decision made to resolve the dispute and “avoid the acrimony of multi-year litigation.”

Fox CEO Lachlan Murdoch says Fox Corp. is in a good place despite the ongoing WGA strike given its mix of programming.

Brian Steinberg Senior TV Editor The costs of settling a closely scrutinized defamation lawsuit levied by Dominion Voting Systems wiped out profit at Fox Corp., spurring a loss of more than $50 million in its third fiscal quarter despite seeing increases in revenue from advertising and distribution. The costs of setting the suit — Fox agreed to pay $787.5 million to settle claims that Fox News personalities had deliberately passed along erroneous information about Dominion’s role in the 2020 presidential election — that it offset a 43% gain in advertising during the quarter due to Fox’s broadcast of Super Bowl LVII, typically an event that boosts corporate performance year in and year out. Fox posted a loss of $54 billion, compared to profit of $283 billion in the year-earlier period. It attributed the loss to “charges associated with legal settlement costs at Fox News Media.”

EXCLUSIVE: Roku is promoting a number of execs in its originals team following a shakeup last week.

Fox Corp. is planning a major building overhaul and expansion of its Century City lot including nine new soundstages as well as a media campus, office space and focus on related transportation infrastructure.

Fox CEO Rupert Murdoch for creating “monsters” like Laura Ingraham and Sean Hannity, then trying to disavow their words.Those words, of course, came in the form of emails and text messages, which have been steadily released in court filings from Dominion. Quite a bit has come out, so here’s what you need to know: At the end of February, Dominion docs revealed that several Fox hosts, including Ingraham and Hannity, were privately bashing election deniers that were being brought on their shows in 2020.Among the messages: “Sidney Powell is lying,” sent from Tucker Carlson to his producer Alex Pfeiffer on Nov.

Margot Robbie starred in "Bombshell," she had a chance encounter with one of the real life subjects of the film: Megyn Kelly."Bombshell encounter in Deer Valley Utah," Megyn captioned an Instagram photo of the women on Tuesday, March 7. "She was gracious & friendly."A post shared by Megyn Kelly (@megynkelly)In the snap, the women wear dark tops, smiles and seem to be genuinely cordial.The former "Megyn Kelly Today" host added, "Kind of weird for both of us since she spent months with the 'fake me' for a movie.

K.J. Yossman Fox Entertainment CEO Charlie Collier is set to give a keynote address at Mipcom Cannes in October.Mipcom is set to take place at the Palais des Festivals in the French seaside town from Oct.

Tom Brady retires he won’t be away from the NFL. It was revealed on Tuesday, that the 44-year-old has agreed to a long-term deal to be Fox Sports’ lead NFL analyst immediately after he retires.

Brian Steinberg Senior TV EditorFox Corporation said profit dipped in its third fiscal quarter due to declines in value of some of its outside investments, even as revenue increased at its mainstay cable and broadcast operations.The owner of the Fox broadcast network, Fox Sports and Fox News Channel said net income attributable to shareholders came to $283 million, or 50 cents per share, compared with  $567 million, or 96 cents per share, in the year-earlier period. The company has a sizable stake in Flutter Entertainment, the sports-betting company that controls FanDuel.  Meanwhile, the company enjoyed a 7% increase in revenue, which rose to $3.46 billion from $3.22 billion a year earlier.In a statement, Fox CEO Lachlan Murdoch cited “pricing strength in both distribution and advertising revenues across our leadership brands, complemented by the powerful momentum we continue to see at Tubi,” the company’s streaming hub, as reasons for the revenue gains.

Fox Corp.’s free, ad-supported streaming service Tubi is working on an expansion of its current arrangement with Nielsen that will enlarge the scope of where its viewership is measured.

DAYTONA BEACH, Fla. -- NASCAR on Wednesday named Fox CEO Lachlan Murdoch the honorary starter of the season-opening Daytona 500.Murdoch, the executive chair and chief executive officer of Fox Corp., will wave the green flag Sunday to start “The Great American Race.” The 64th running will be aired live on Fox, which is in contract negotiations with NASCAR on the current television deal that expires at the end of the 2024 season.The Daytona 500 will have a heavy Fox presence: Pro Football Hall of Famer Charles Woodson, a Fox Sports analyst, is the grand marshal.

Fox Sports has expanded its soccer portfolio, announcing a rights deal with the Union of European Football Associations (UEFA) that features more than 1,500 soccer matches starting with the UEFA Nations League in June, 2022.

Media scion James Murdoch gave his current assessment of the state of play in the global entertainment business Tuesday during an opening keynote discussion at APOS, Asia's leading media summit.

Fox Corp. has signed Fox News Media CEO Suzanne Scott to a multi-year contract extension.

Peter White Television EditorFox has confirmed that it has renewed reality competition format Lego Masters – six months after Fox CEO Lachlan Murdoch revealed that it had begun preparing for a second season.The network has ordered a second run of the 10-part series with host and exec producer Will Arnett returning. It will air in 2021.The show sees pairs of Lego enthusiasts facing off in brick-building challenges.

Michael Schneider Variety Editor at LargeFox has locked “Lego Masters” for a second season. The competition series, hosted by Will Arnett, has already been casting and will shoot in the spring for an airdate sometime in 2021.A pickup has been expected for months, particularly after Fox CEO Lachlan Murdoch revealed that preparation had begun on Season 2 during an investor earnings call in May.

The POTUS is once again the target of internet mockery after he called out for none other than Roger Ailes! That’s right – the Fox CEO who passed away in 2017! As you can imagine, a lot of social media users proceeded to remind Donald Trump that his Fox friend cannot come to the phone for a very good reason – he’s dead! After making it very clear he was not happy about Fox News hiring former Democratic National Committee Chair Donna Brazile, Trump took to his go-to social media platform to

By Peter White

By Peter White