Media
NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBC is about to have itself a “legendary” month. “Legendary February,” a marketing tagline invented […]
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Spotify hikes U.S. Premium subscription price months after last rate increase
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify Premium subscriptions are getting more expensive. The subscription price will rise from $11.99 per month to $12.99 per month in the U.S., Estonia and Latvia for the February bill, the streaming platform said in a blog post. Users will get an email with the update sometime […]
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Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images
In this photo illustration, a person holds a smartphone showing Ani, a virtual anime-style assistant character featured in the Grok 4 AI chatbot developed by xAI, with the Grok logo visible on a screen in the background on July 16, 2025 in Chongqing, China. Cheng Xin | Getty Images Elon Musk’s xAI is now facing […]
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FBI searches home of Washington Post reporter in classified documents probe, newspaper says
A person walks into the One Franklin Square Building, home of The Washington Post newspaper, June 21, 2024, in Washington. Alex Brandon | AP FBI agents searched a Washington Post reporter’s home on Wednesday as part of a leak investigation involving a Pentagon contractor accused of sharing classified information, the Justice Department said. Hannah Natanson, who has been covering President Donald Trump’s transformation […]
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Netflix likely to adjust Warner Bros. Discovery offer to make it all-cash
Netflix is likely to amend its offer for Warner Bros. Discovery’s assets, making an all-cash bid, CNBC’s David Faber reported on Wednesday. In December, Netflix reached a deal to purchase WBD’s streaming platform HBO Max and the Warner Bros. film studio in a transaction comprised of cash and stock. The deal is currently valued at […]
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Paramount Skydance sues Warner Bros. Discovery in hostile takeover attempt
David Ellison, CEO of Paramount Skydance, exits following an interview at the New York Stock Exchange, Dec. 8, 2025. Brendan Mcdermid | Reuters Paramount Skydance is suing Warner Bros. Discovery and CEO David Zaslav as its latest step in a hostile pursuit to acquire WBD, CEO David Ellison outlined in a letter to WBD shareholders […]
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WBD once again rejects Paramount offer in favor of Netflix deal
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025. Mario Tama | Getty Images The Warner Bros. Discovery board on Wednesday once again unanimously recommended that WBD shareholders reject a hostile takeover offer from Paramount Skydance. The board said it continued to believe the Paramount bid is “inferior” to […]
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Comcast spinoff Versant to start trading on Nasdaq
Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group, the portfolio of cable TV networks and digital assets spun off by Comcast, joins the small cohort of public media companies as the industry reckons with ongoing disruption. Versant begins […]
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Free streaming service Tubi is rivaling major players for viewership. Here’s how it’s winning
Pavlo Gonchar | Lightrocket | Getty Images Tubi hit profitability this year doing what other streaming services are trying to: attract younger audiences who are willing to sit through ads. The Fox Corp.-owned free streaming platform has long been among a sort of second tier of streaming services alongside lower-budget and less popular offerings like […]
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Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not
Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery. Mario Anzuoni | Mike Blake | Reuters Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any […]
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