Warner Bros. shelved "Coyote vs. Acme" as a tax write-off even though the movie was complete. A team of investors fronted the money to release the film which came in #2 in weekend box office receipts.
Charter CEO Chris Winfrey has stated that pay-TV customers will likely continue to abandon traditional cable packages as long as 'Big 4' broadcasters demand high retransmission fees.
In a TODAY exclusive, the Discovery Channel is announcing an aviation mystery has been solved 74 years after a Pan Am passenger plane crashed into the Atlant...
Disney+/Hulu hiked prices this week, the most recent of many streaming service increases. Churn is a concern, but entertainment giants haven't blinked yet.
They're the first real public-facing changes in Versant's upcoming separation from Comcast's NBCUniversal.
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Alphabet Inc.’s YouTube plans to introduce a new, lower-priced version of its paid video service, offering its vast library of content without advertising.
Netflix's ad-supported tier, which launched in November 2022, has reached 70 million global monthly users.
Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.
Apple and its iPhone and App Store business have been eyed by the Department of Justice, which previously filed antitrust suits against Google.
The New York Times on Wednesday filed a lawsuit against Microsoft and OpenAI, the company behind popular AI chatbot ChatGPT.
Excessive ads, bots and misinformation have sucked the fun out of sharing publicly, users say
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Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.
Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence.
YouTube TV is Google's cable replacement. It provides access to live TV and cable channels, delivered through an internet connection.
Carlos Watson, the CEO of scandal-ridden Ozy Media, has been charged with fraud and identity theft charges.
More than 450 million people use Spotify, and almost 200 million people pay for it. But it still loses money.
The new-media company has been in sale talks with Greek broadcaster Antenna Group and has sought a valuation of around $1.5 billion.
Finance head Christine McCarthy told directors of her lack of confidence in the CEO after a calamitous November earnings call.