Warner Bros. Discovery Sees Streaming Profits Sooner Than Expected
Despite the success of its streaming business, the media company’s revenue fell in the first quarter. Source link
Media Content Distribution
The Glory Days of the American Mall
In the 1980s, malls weren’t just planters and parking lots but a way of life. Source link
BuzzFeed News Is Shutting Down, and Vice World News Could Be Next
Chief revenue officer and chief operating officer will depart as media company faces ongoing challenges. Source link
Bud Light Faces Boycott Calls, but Punishing Brands Is Harder Than It Looks
CMO TodayResearch shows recent social-media calls to boycott brands such as Goya and Spotify haven’t meaningfully hurt sales and at...
Disney Names Joe Earley New Head of Disney+ and Hulu
Chief Executive Robert Iger has expressed concern on how much is spent on content. Source link
WSJ News Exclusive | Disney Lays Off More Than 300 Streaming-Focused Employees in China
The entertainment company began this week to carry out the first wave of its plan to cut 7,000 jobs. Source...
Dish Network—and Its Customers—Are Still Reeling From Cyberattack
Customers say they can’t access HBO Max and other services, while the pay-TV provider says it has resolved many issues....
Paramount to Raise Paramount+ Prices as It Combines With Showtime
Paramount+ gained 9.9 million subscribers in the fourth quarter, boosting its customer base to nearly 56 million. Source link
WSJ News Exclusive | BuzzFeed to Use ChatGPT Creator OpenAI to Help Create Quizzes and Other Content
WSJ News ExclusiveMedia & MarketingCEO Jonah Peretti intends for artificial intelligence to play a larger role in the company this...
Spotify to Cut 6% of Workforce in Latest Tech Layoffs
TechStreaming company says move is part of broader cost-cutting measures Source link
Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
Netflix elevated longtime executive and heir apparent Greg Peters to the co-CEO role. Source link
Kroger, Albertsons CEOs Defend Grocery Merger at Senate Hearing
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers....
Disney Shares Slide as Streaming Losses Balloon
BusinessEarningsDeclines in streaming more than doubled in the recent quarter but have reached their peak, says CEO Bob Chapek Source...
Streaming Services Raise Prices Again. Here’s How to Avoid Overpaying.
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Taylor Swift’s ‘Midnights’ Breaks Album Sales Records in First Week
ArtsMusicThe artist’s new record sold 1.58 million copies, including 575,000 vinyl LPs, and marks the third-largest streaming week for a...
Netflix Gains 2.4 Million New Subscribers, Reversing Trend
Netflix Inc. NFLX -1.73% snapped back to subscriber growth in the third quarter, giving the streaming giant a jolt as...
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Activist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney...
TV Networks Have a New Role: Farm Teams for Streaming Shows
Broadcast networks are launching fewer new shows than usual this fall, the latest sign of their diminished popularity and ambitions...
After Queen’s Death, Prince Harry and Meghan Return to Royal Spotlight as Hollywood Projects Launch
LOS ANGELES—The death of Queen Elizabeth II comes as Hollywood watches another monarchy drama play out in its own backyard:...
YouTube’s Top Business Executive Leaving Company
YouTube’s top business executive, who helped build the Google unit from an upstart into a video giant, is leaving the...
