Disney+ Growth Doesn’t Outweigh Streaming Losses, Pay TV Challenges as Analysts Cut Stock Price Targets
Streaming subscriber growth is nice, but not if it comes with big streaming losses and...
Price Hikes at Streaming Giants May Fuel Churn Rates as Consumers Opt Out
As Hollywood executives ponder the next phase of streaming strategy, the major services will see...
BBC Studios Acquires Unscripted Producer Voltage TV
BBC Studios, the commercial arm of U.K. public broadcaster BBC, has acquired Voltage TV, an unscripted...
Facebook Owner Meta to Lay Off 11,000 Employees as Tech Sector Continues to Feel the Pain
Major layoffs are hitting Facebook and Instagram owner Meta Platforms Inc. as the company says...
Drake and 21 Savage Sued by Condé Nast Over Fake Vogue Cover
Condé Nast is taking Drake and 21 Savage to court for using a phony Vogue...
AMC Theatres Posts $227M Loss Amid Slow Box Office Quarter
AMC Entertainment Holdings has increased its latest quarterly loss on higher overall revenues and sharply...
Disney Soars Past 235M Streaming Subscriptions, Signals That Streaming Losses Have Peaked
The Walt Disney Co.’s streaming ambitions are at an inflection point. The company says its...
Netflix Stock Is Still Overvalued, Billionaire Investor John Malone Says
Even after reversing its subscription declines and cutting down on costs, Netflix is still overvalued...
Nexstar Sticks to 2025 Profitability Target for The CW
Nexstar Media Group reiterated its guidance of making The CW profitable by 2025, which it...