Comcast Corp
WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say
Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per […]
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CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy
Cast and filmmakers hop on the KPop Demon Hunters-Sing Along Experience at Paris Theater on August 23, 2025 in New York City, U.S. Roy Rochlin | Getty Images Entertainment | Getty Images Netflix’s business leaders and investors probably aren’t enjoying a soda pop after the release of its third-quarter results. While the company’s revenue met […]
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CNBC Daily Open: Netflix shows how it’s done despite earnings miss
Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Special Screening at Netflix Tudum Theater on June 16, 2025 in Los Angeles, California., U.S. Charley Gallay | Getty Images Entertainment | Getty Images Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Special Screening at Netflix Tudum Theater on June 16, […]
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Warner Bros. Discovery’s HBO Max is raising its prices across all plans
Nurphoto | Nurphoto | Getty Images HBO Max is the latest streaming services to raise its prices. The streaming giant, owned by Warner Bros. Discovery, announced Tuesday that it is raising prices across all plans. HBO Max’s Basic with ads plan is increasing $1 a month to $10.99, the Standard plan is going up $1.50 […]
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Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea
Dana Walden and Josh D’Amaro. Michael Buckner | Errich Petersen | Getty Images As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company’s next CEO. Disney has publicly stated it will name Iger’s successor […]
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Candy maker Ferrero goes all in on sports with Super Bowl ad, World Cup promotions
Ferrero North America is planning to spend more than $100 million on marketing campaigns tied to the Super Bowl and World Cup next year. The sports push comes as the confectioner’s parent company drives further into the United States through acquisitions and investments in domestic production. Ferrero, which was founded in Italy but is now […]
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The 2025 box office is headed for its best post-Covid haul as winter releases heat up
“Zootopia 2”, “Wicked: For Good”, and “Avatar: Fire and Ash.” Courtesy: Disney Enterprises, Inc. | Universal Pictures The box office is about to heat up. After a sizzling summer of action-packed blockbuster fare, theatrical momentum stalled in the fall. But, the winter slate is poised to deliver a consistent spark of ticket sales, pushing the […]
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Versant adds WNBA media deal to its growing sports portfolio
Breanna Stewart, #30 of the New York Liberty, dribbles the ball against Napheesa Collier, #24 of the Minnesota Lynx, in the fourth quarter during Game Three of the WNBA Finals at Target Center in Minneapolis, Minnesota, on Oct. 16, 2024. David Berding | Getty Images Versant has signed a new 11-year media deal with the […]
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Amazon Prime Video teams up with FanDuel for real-time betting updates during NBA games
DeMar DeRozan #10 of the Sacramento Kings is defended by Jose Alvarado #15 of the New Orleans Pelicans during the second half of a game at the Smoothie King Center on February 12, 2025 in New Orleans, Louisiana. Derick E. Hingle | Getty Images Basketball fans watching on Prime Video this season will be able […]
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Why movie production has moved out of the U.S. — and what a tariff could mean for Hollywood
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles. These days, “Hollywood” has come to represent the entire domestic entertainment business — and it’s at a crossroads. […]
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