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Netflix signed a deal for the streaming rights to new episodes of the longstanding children's show "Sesame Street," beginning later this year.

There has been tension between McMahon and Shari Redstone in recent months, including over a potential "60 Minutes" settlement with the Trump administration.

The change comes as Warner Bros. Discovery seeks to scale back its volume of content and focus on quality programming and storytelling.

Podcasts, which are increasingly more popular as videos, are taking the stage at media companies' annual pitch to advertisers this year.

Advertisers are seeking flexible terms with media companies as uncertainty grows from President Donald Trump's looming tariffs.

Fox CEO Lachlan Murdoch announced on Monday the media company's upcoming streaming service, named Fox One, will launch ahead of the NFL season.

Media advertising chiefs say chief marketing officers across industries are making contingency plans in light of the trade war.

Comcast's SpinCo, which will include cable networks USA, MSNBC, CNBC and E!, will be renamed Versant to emphasize corporate versatility and adaptability.