Media
What will TV look like in three years? These industry insiders share their predictions
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television. Still, the details of what’s about to happen to a transitioning industry are unclear. CNBC […]
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National Enquirer sold to group that includes indicted ex-MoviePass chairman
In this photo illustration, celebrity gossip dominates the cover of a National Enquirer magazine on April 11, 2019 in Chicago, Illinois. Scott Olson | Getty Images The National Enquirer, the tabloid at the center of several scandals involving former President Donald Trump, will be sold to a joint venture involving Theodore Farnsworth, the former MoviePass […]
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Dell to lay off 6,650 personnel, or 5% of its workforce
Dell CEO Michael Dell provides a keynote tackle all through the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Photographs Dell on Monday declared options to lay off 5% of its workforce, or about 6,650 staff, in accordance to an SEC filing. The cuts at Dell […]
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How the end of Netflix password sharing will change the way families watch, especially the ones with college-age children
Nurphoto | Nurphoto | Getty Images Is sharing a Netflix password cybercrime? It will soon become, mostly, a thing of the past if the world’s largest streaming service has its way. After experimenting with a plan to crack down on password sharing in Latin America, Netflix will launch the U.S. version of this subscription identification […]
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Vince McMahon open to leaving WWE for good if he sells the company, CEO Nick Khan says
Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment Executive Chairman Vince McMahon is open to stepping away from the company “if it’s the right deal,” according to WWE CEO Nick Khan. Shares of the company closed […]
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Robert Kraft wants Tom Brady to retire with the Patriots
Tom Brady #12 of the New England Patriots celebrates with team owner Robert Kraft after defeating the Seattle Seahawks 28-24 during Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. Tom Pennington | Getty Images New England Patriots owner Robert Kraft wants Tom Brady to re-sign with the team […]
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Trian presses Disney to replace board member Michael Froman with Nelson Peltz
Nelson Peltz David A. Grogan | CNBC The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company’s annual shareholder meeting. Earlier in January Trian went public with its fight for a seat on the board, taking issue with Disney’s $71 billion acquisition of Fox in 2019, […]
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Fanatics to begin livestreamed procuring of trading playing cards, collectibles
New York, NY. – December 7th. Portrait for a profile on Fanatics founder & CEO Michael Rubin at his business in downtown NYC. The Washington Article | Getty Visuals Fanatics is going into livestreamed buying around collectibles and investing cards, employing a previous Snap and Alphabet executive to start its new small business later on […]
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DraftKings cuts 140 jobs as part of reorganization
The entrance from the elevators, designed to resemble a tunnel entering a stadium, is pictured at the new DraftKings office in Boston. David L. Ryan | The Boston Globe via Getty Images DraftKings is eliminating 140 jobs, or about 3.5% of its workforce, as part of a reorganization. The stock rose about 3% on Thursday. […]
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