Walt Disney has cut its spending in programming for traditional TV pretty dramatically as part of its strategy to maximize audiences and profit in the streaming tel...
Media & Entertainment
Disney and Comcast have still not resolved the issue with a valuation of Hulu. As per the deal Disney is obligated to buy out Comcast’s stake in Hulu. While Disney...
On Sunday evening, Kim Godwin, the embattled president of ABC News, abruptly announced that she will be step exit the network. This is the end of a tumultuous three...
Paramount Global on Monday announced that Robert Bakish is stepping down as CEO of the film, television and multimedia company. Bakish climbed the corporate ladder a...
In an unpredicted move on Thursday, Netflix said that it no longer report quarterly subscriber numbers and average revenue per membership starting in the first quart...
FuboTV, a sports-focused live streaming platform, has filed a $1 billion lawsuit against media giants, namely, The Walt Disney Company, Fox Corp., Warner Bros. Disco...
As soon as the Japanese tech giant Sony cut its sales forecast for its flagship PlayStation 5 console for the fiscal year, around $10 billion of its stock value was ...
Microsoft’s Xbox will be releasing four video game titles on external platforms, gaming CEO Phil Spencer said on a podcast on Thursday. This is as it looks to ...
Snap Inc. shares plunged more than 30% after the parent company of the Snapchat app reported disappointing revenue in the holiday quarter as it continues to reel fro...
