Looking back, it probably isn’t much of a stretch to think that growing up near the beach in Santa Cruz, California, Lisa Bonnell would want to pursue a career in marine biology. Bonnell, who now leads the global audit functions for entertainment giant Comcast NBCUniversal, once saw herself sailing around the world seeking out new species of fish. But then she found out how much marine biologists make. “I had this great beach life planned out for myself and then I realized they don’t make any...

As the country began to settle in for what may be a prolonged period of working from home and limiting exposure to the outside world to curb the spread of the coronavirus, the media business is bracing for the long-term impact. So far, the industry has managed to absorb a 10,000-point drop in the stock market, the indefinite delay of production schedules for programming, the cancellation of industry events and the postponement of pretty much every major sporting event for the foreseeable...

Charter Communications said it will provide the Showtime and Epix premium channels to its customers that do not already receive those channels at no extra charge through April 19. Spectrum customers will gain access to the channels beginning today, March 23. The expansion begins as many people across the country are home-bound to stop the spread of the coronavirus COVID-19. The company, along with other cable operators, has made its broadband service available to qualifying low-income homes...

ViacomCBS said Tuesday that it has renewed its affiliation agreements with Nexstar Media Group, covering nine stations in markets including Las Vegas and Raleigh, N.C. The pacts, which were scheduled to expire later this year, reach about 4 million TV households, or about 3.5% of the total U.S. audience. Coupled with an August affiliate renewal that covered 19 Nexstar stations in 15 markets and other prior renewals, ViacomCBS said it has long-term deals with all of Nexstar’s 49 CBS-affiliated...

Sinclair Broadcast Group and its regional sports network arm Diamond Sports Group dipped into their revolving credit lines to the tune of nearly $900 million to give the company added liquidity as uncertainty around the COVID-19 outbreak rages. According to an 8-K statement filed with the Securities and Exchange Commission Monday (March 23), Sinclair said it drew about $648 million from its revolving credit facility and Diamond Sports Holdings, which includes the 20 regional sports networks...