Business
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Disney+ to Raise Price, Add Continuous Playlists for ‘Lean-Back’ Viewing Experience This Fall
The offering, which launches in September, will make ABC News Live and a preschool content-focused playlist available at launch
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Warner Bros. Discovery Looks to Pursue Smaller Asset Sales After Mulling Possible Break-Up | Report
The media giant reportedly determined a split of streaming and studio businesses from linear could create “operational challenges”
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Will Warner Bros. Discovery’s NBA Suit Save Face or Create New Headaches?
Litigation may “irreparably” damage its relationship with the league, despite billions in lost revenue, analysts say
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Fox Corporation Net Income Slips to $320 Million as Company Reports Mixed Q4 Results
The media company saw revenue of $3.09 billion, an increase of 2% compared to 2023, just missing Wall Street estimates
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Game Informer Magazine Shuts Down After 33 Years
The outlet’s entire staff was laid off by parent company GameStop on Friday
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AMC Suffers $32 Million Loss Amid Q2 Box Office Slump
Revenue falls 23% year-over-year to $1.03 billion, but “Inside Out 2” provides late-quarter surge for theater chain
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Cinemark Q2 Profits Drop 62% to $45.8 Million, but ‘Inside Out 2’ Helps Avoid a Loss
The Texas-based multinational chain weathered a poor box office in April and May
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LA28 Olympics Silent on $350,000 Salary for Casey Wasserman’s Former Secretary and Alleged Mistress
A Daily Mail exposé says the mogul’s affair with former staffer Patricia Feau was an “open secret” before she moved to LA28, where Wasserman serves as chair
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Apple Reports Record Q3 Revenue of $85.8 Billion, With AI Expansion on the Horizon
The tech giant’s Services net sales, which includes Apple TV+ and Apple Music, rose 14% year-over-year to $24.2 billion
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Roku Slashes Q2 Net Loss 68% to $34 Million
Shares rose over 6% in after-hours trading as the company posted a smaller than expected loss of 24 cents per share and better than expected revenue of $968 million
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LA 2028 Olympics Chair Casey Wasserman Accused of Being a ‘Serial Cheater’ Who Chronically Sleeps With Female Staffers
Allegations against the music mogul behind Billie Eilish and Ed Sheeran date back nearly 20 years
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Curtis ’50 Cent’ Jackson, Lionsgate Team Up on Action-Focused FAST Channel
50 Cent Action will be backed by the studio’s library of over 20,000 titles, including “The Expendables,” “The Hitman’s Bodyguard,” “Rambo” and “Power”
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Consolidation and Streaming Are Making Hollywood Back-End Deals Less Transparent Than Ever
The industry’s increasing vertical integration makes keeping track of fair market value “more important than ever,” experts tell TheWrap
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Venu Sports Sets Launch Price of $42.99 Per Month
Fox, Disney and Warner Bros. Discovery’s joint sports streaming venture is slated to launch this fall
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Meta’s Push Into AI Development Shows Promise With 73% Surge in Net Income
The tech giant beat Q2 estimates, reporting revenue of $39.1 billion, up 22% from 2023
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