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Jessica Toonkel

Senior Reporter

Jessica Toonkel covers media for The Information. Before that, she spent seven years at Reuters covering a range of topics including media, advertising, mergers and acquisitions and financial services. At Reuters, she consistently broke news on major deals, executive changes and corporate strategies at traditional media companies like Viacom and CBS as well as technology companies such as Facebook and Amazon. She was nominated as Text Journalist of the Year in 2017 for consistently breaking news on the media beat. In 2012, she was part of a team that was nominated as a Gerald Loeb Award finalist for Reuters’ coverage of the Facebook IPO. Before joining Reuters, Jessica spent years covering funds and investing for a number of publications including InvestmentNews, American Banker and Institutional Investor. She has won a number of awards from the American Society of Business Publication Editors. A graduate of Vassar College, Jessica is a native New Yorker now living in Brooklyn.

Netflix co-CEO Reed Hastings. Photo by Bloomberg.

Netflix Lays Off 150 People

May 17, 2022 · 11:37 AM PDT
The cuts are primarily in the U.S. and many are in original content.

Candle Media Buys ATTN

May 17, 2022 · 7:27 AM PDT
The deal is the latest in a string of acquisitions by the Blackstone-backed company.

Musk Tweets Twitter Deal on Hold

May 13, 2022 · 3:33 AM PDT
The declaration has caused Twitter's stock to drop 20% in premarket trading.

Apple TV+ Film Marketing Head Departs

May 11, 2022 · 12:14 PM PDT
The departure comes as the streaming service has started to have some notable success.
Campbell Brown. Photo by AP.
Clockwise from top-left: David Sacks, Adam Bain, Sam Teller, Ken Howery, Luke Nosek and Shivon Zilis. Images by Zenefits, Getty, YouTube and Bloomberg.
A Netflix office in Los Angeles. Photo by Bloomberg.
DAZN founder Len Blavatnik (left) and Kevin Mayer. Photos by Bloomberg and AP

Roku, Apollo Bid for Stake in Starz

May 3, 2022 · 12:51 PM PDT
Roku is looking to grow its content business amidst declining device sales.

Paramount+ Reaches 40 Million Subscribers

May 3, 2022 · 6:42 AM PDT
Paramount Global lost subscribers at its smaller services such as Showtime and BET+.
Vice CEO Nancy Dubuc. Photo by Bloomberg.

Amazon, Sony Invest in Latest Round by Superplastic

April 29, 2022 · 11:36 AM PDT
The collectibles creator has raised a $24 million round as it preps its first streaming show.

Netflix Lays Off Staff of Tudum Marketing Site

April 28, 2022 · 2:04 PM PDT
The layoffs come just days after the company reported its first decline in subscribers in more than a decade.
FTC Chair Lina Khan. Photo by Bloomberg.

Comcast’s Peacock Reports Solid Growth in Paid Subscribers

April 28, 2022 · 6:58 AM PDT
The company expects slower growth for the streaming service this quarter.

Charter, Comcast Team Up on Streaming

April 27, 2022 · 11:54 AM PDT
The joint venture is a bigger threat to Roku.

Musk Has to Pay $1 Billion to Twitter if Deal Falls Apart

April 26, 2022 · 2:51 PM PDT
The terms of the breakup fee include if Musk's financing falls through.

Warner Bros. Discovery Braces Itself for “Messy” 2022-CFO

April 26, 2022 · 9:18 AM PDT
Warner Bros. Discovery is looking at a tough year as it seeks to hit its goal of $3 billion in cost savings.