Warner Bros Discovery posted a quarterly loss that was larger than expected as advertising sales slumped at its cable TV unit and the studio segment contended...
UK pay-TV giant Sky has announced the launch of a new streaming and linear channel offering, Sky Sports+, that will expand the availability of its portfolio...
Subscriber numbers for ESPN+ fell once again, while the streaming service also posted a $65 million operating loss, as media giant Disney revealed mixed results for...
A group that represents audio streaming firms including Spotify and France’s Deezer in Europe has urged the European Commission to reject Apple’s proposal in a music...
HT Labs-backed OTTplay has scored big at the esteemed INMA Global Media Awards 2024, reaffirming its position in the digital media landscape. OTTplay has won Gold...
Fox’s free ad-supported streaming TV (FAST) service Tubi continued to see growth in the first three months of 2024, with the company on Thursday reporting user...
Foxtel Group – which includes Foxtel’s subscription broadcast service and streamers Kayo, BINGE and Foxtel Now – reported Q3 revenue of $455 million in the quarter,...
Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management, interested in acquiring the U.S....
The Walt Disney Company has reported Q2 revenues increased to $22.1 billion (€20.5bn) from $21.8 billion in the prior-year quarter. Disney’s Entertainment Direct-to-Consumer business was profitable...
Samsung has made a deal with Magnolia Pictures that will bring titles from Magnolia to the Samsung TV Plus free streaming platform. Samsung TV Plus users...
Walt Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its stock...
The Walt Disney Co. recorded $2 billion in charges due to goodwill impairments related to the merger of its India unit with Viacom18, an arm of...
Telephone and Data Systems, Inc. announced today the closing of a $375 million unsecured debt financing with funds managed by Oaktree Capital Management, L.P. The proceeds...
Walt Disney (DIS.N), opens new tab and Comcast, are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake...
Sony Entertainment Television (SET), which has stayed among the top league of broadcasters in the country for several years, seems to have hit a rough patch...
Amazon.com Inc. plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore, Amazon Web Services (AWS)...
The $26 billion offer from Apollo Global Management Inc. and Sony Group Corp. this week threw a wrench in talks between Paramount Global and film producer...
Kim Godwin decided to step down from her position as president of Disney-owned, ABC News, the executive said in an internal memo seen by Reuters on...
Singtel’s Australian unit Optus said on May 6 it had appointed Mr Stephen Rue as chief executive officer, replacing former boss Kelly Bayer Rosmarin, as the...
Media and entertainment giant Sony Pictures Entertainment (SPE) has reportedly collaborated with private equity firm Apollo Global Management to table an offer for media conglomerate Paramount....
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