Latest Business News
Max Launches Successfully in Southeast Asia, But Netflix Still Dominates the Region
A new report from Media Partners Asia reveals that Warner Bros. Discovery's streamer added 1.4 million subscribers in Q4 2024 in five key SEA markets.
- By
Disney’s Multibillion-Dollar Streaming Decisions May Be Unearthed in Court Battle Against Investors
A judge declined to dismiss a lawsuit from investors who claimed former CEO Bob Chapek aimed to hide Disney+ costs and make forecasts that it would be profitable by 2024.
- By
Box Office Recovery Lifts Imax As Quarterly Revenue Rises
Overall quarterly revenue was $92.7 million, up 8 percent from a year-earlier $86 million, as ‘Gladiator II,’ ‘Venom: The Last Dance’ and ‘Mufasa: The Lion King’ played on its screens.
- By
Sony Pictures TV Elevates Mike Wald, Jason Spivak to Co-Presidents of Distribution and Networks
The two executives will lead the company's TV and home entertainment distribution business.
- By
Attorneys Celine Hollenbeck and Jenna Akemi Kon Elevated to Partner
The attorneys join an “expanding” group of partners at music and entertainment law firm Carroll Guido Groffman Cohen Bar & Karalian, LLP.
- By
CBS News President of Editorial Adrienne Roark to Exit for New Job at Tegna
The departure follows a tumultuous few months for the news division.
- By
Cinemark Posts Record Fourth-Quarter Revenue, Swings to Profit and Reinstates Dividend
The exhibition giant reports its quarterly results, with CEO Sean Gamble saying the dividend "marks another major milestone in our recovery from the pandemic."
- By
SiriusXM Looks to YouTube (and Spotify) to Help Grow Podcast Subscribers
The SiriusXM Podcasts+ offering is expanding to YouTube Music and Spotify.
- By
Kamala Harris Signs With CAA to Plan Next Chapter
The presidential candidate inks with the mega agency that also just re-signed Joe Biden.
- By
Dick Clark Productions Names Nick Terranova Head of Brand Partnerships
The former Fox and Warner Bros. exec will look to forge brand alliances across DCP's properties.
- By
The Future of Television City Will Be Decided in Court as Rick Caruso Challenges Billion-Dollar Makeover
The developer's The Grove filed a lawsuit accusing Los Angeles of violating a state environmental law over its handling of the approval of a planned $1 billion expansion of the historic studio complex.
- By
How Epic Universe Is Building Its Marketing Blitz Ahead of the Major Theme Park’s Launch
Universal Destinations' exec Alice Norsworthy breaks down the emotion, guest previews and multiple platforms (like the Super Bowl) to tell the story of the first big U.S. theme park launch in two decades.
- By
Hearst CEO to Staff: There’s a Difficult Year Ahead Despite “Record” Revenue in 2024
Steve Swartz says that Hearst had $13 billion in revenue in 2024 thanks to political advertising, but adds that a tough ad market and cord-cutting is "significantly impacting" A+E Networks. Hearst is also seeing "significant productivity gains" with generative AI software.
- By
‘Dune’ VFX House DNEG Makes Major Move Into AI, Unveils Deal to Buy Metaphysic
The UK-based company has acquired the AI tech platform that first gained headlines for popularizing a deepfake TikTok account spoofing Tom Cruise.
- By
College Football, NFL Playoffs Drive Linear TV Bump in January
News coverage also helps cable and broadcast outlets regain a little bit of TV use in the first month of the year.
- By
Harvey Weinstein Sues Bob Weinstein On Fraud, Financial Conspiracy Claims
The ex-mogul claims he was left responsible for paying the remainder of a $45 million dollar loan that was meant to save The Weinstein Company, but was used for other means.
- By