Media
Blizzard seeks new partners to go on giving Entire world of Warcraft in China
The brand of movie sport publisher Blizzard Amusement. CFOTO | Future Publishing via Getty Images Blizzard Leisure is in talks with potential companions about continuing to give its well known Earth of Warcraft title in China, as its offer with Chinese gaming huge NetEase is set to wind down. The company is “now negotiating with […]
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U.S. soccer journalist Grant Wahl dies while covering World Cup in Qatar
In this 2014 photo, sportswriter Grant Wahl works as a sideline reporter during halftime. Andy Mead | YCJ | Icon Sportswire |Corbis | Getty Images Grant Wahl, a longtime soccer sportswriter, died Friday in Qatar while covering the World Cup. NPR national supervising editor Russell Lewis tweeted that Wahl was covering the Argentina-Netherlands quarterfinal match […]
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CBS-owned stations added to free, rapidly growing local news streaming service VUit
The streaming platform VUit is bulking up with newscasts from Paramount Global‘s owned and operated local CBS TV stations as the fledgling service looks to take a bigger foothold in the sprawling U.S. local news market. The streaming newscasts from CBS’s 13 owned and operated stations, two of which are in the major markets New […]
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Brad Pitt sells 60% of his Plan B production company to French media conglomerate Mediawan, sources say
The 92nd Oscars broadcasts live on Sunday, Feb. 9, 2020 at the Dolby Theatre at Hollywood & Highland Center® in Hollywood and will be televised live on The ABC Television Network at 8:00 p.m. EST/5:00 p.m. PST. Craig Sjodin Brad Pitt is selling 60% of his production company, Plan B Entertainment, to French media conglomerate […]
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Penguin Random House CEO steps down weeks after judge blocked Simon & Schuster merger
Markus Dohle, Chief Executive Officer of Penguin Random House, pictured during Bertelsmann Annual Press Conference on March 22, 2016 in Berlin, Germany. Thomas Koehler | Photothek | Getty Images Penguin Random House said Friday that CEO Markus Dohle will step down at the end of the year, weeks after the collapse of a deal to […]
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Wells Fargo upgrades Netflix, says ad-supported video can drive stock in 2023
Netflix could have a strong 2023 thanks to its newly implemented ad-supported video tier, Wells Fargo said Friday. Analyst Steven Cahall upgraded the streaming giant to overweight from equal weight. He also hiked his price target on the stock to $400 per share from $300. The new target implies upside of nearly 29% from Thursday’s […]
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Netflix co-CEO Sarandos suggests streamer likely to present a number of ad-supported tiers
Ted Sarandos attends the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Angela Weiss | AFP | Getty Visuals Netflix is probable to offer a number of membership designs with ads in the long run, the firm’s co-Main Govt Ted Sarandos explained on Tuesday, just weeks right after the streaming […]
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BuzzFeed to cut 12% of its workforce
The BuzzFeed website on a smartphone arranged in Hastings-on-Hudson, New York, on Monday, Dec. 6, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images BuzzFeed on Tuesday announced plans to cut its workforce by nearly 12%, or around 180 staffers. The digital media company said the decision to lay off staff comes in response to challenging […]
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Rupert Murdoch will be deposed in Dominion’s $1.6 billion lawsuit against Fox
Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Fox Corp. Chairman Rupert Murdoch is scheduled to appear for a deposition next week as part […]
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Paramount shares fall as CEO lowers fourth-quarter ad revenue forecast
In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Shares of Paramount Global fell Tuesday after CEO Robert Bakish warned that fourth-quarter advertising revenue would be lower than the company’s sluggish third-quarter figures. “The current market is challenging and we’re […]
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