In its first financial results as a merged company, Warner Bros. Discovery reported a second-quarter net loss of $3.4 billion on revenues of $9.8 billion.

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U.K.-based data company MUSO, which tracks online piracy, has received a £3.2 million ($3.9 million) investment from Puma Private Equity.

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Revenues at Paramount rose by 19 percent to $7.8 billion in the second quarter, driven by significant gains in its direct-to-consumer and filmed entertainment divisions.

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The cost of advertising is rising across platforms, led by television, according to a new study from WARC.

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Average daily viewing time slipped by 2 minutes in 2021 following the lockdown-driven gains in 2020, with linear TV showing the sharpest declines, according to new research from Omdia.

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NBCUniversal's second-quarter revenues rose by 18.7 percent to $9.4 billion, while parent company Comcast Corporation reported total revenues of $30 billion, a 5.1 percent increase.

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HUSSLUP, a new mobile app for emerging talent, is working with Fuse Media, Keshet International and Roadmap Writers to help identify and foster up-and-coming writers and filmmakers.

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To support its slate of animated feature films, Netflix has acquired the Australian studio Animal Logic, behind such titles as Over the Moon, Klaus and The Sea Beast.

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Miky Lee, vice chairwoman of CJ Group, will receive the International Academy's 2022 Directorate Emmy Award at the organization's gala ceremony in New York this November.

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Shaun Murphy, previously head of television at Warner Bros. in Australia, has set up a new production company, Big Owl Pictures.

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