Media
Shares of Trump-linked SPAC soar 66% as former president hints at 2024 run
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Shares of Digital World Acquisition Corp., the company set to take Trump Media and Technology Group public, spiked Monday after former president Donald Trump hinted at a 2024 presidential run. Shares of DWAC gained […]
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While building Truth Social, Trump spoke with rivals about competing partnerships
The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022. Nurphoto | Getty Images Months after Donald Trump began building his social media platform, Truth Social, he considered jumping ship and backing […]
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The K-pop ETF has not been doing properly, but its creator suggests Korean information is at ‘inflection point’
K-pop lady group BlackPink executed at The Late Late Clearly show with James Corden airing Thursday, April 18, 2019. (Photo by Terence Patrick/CBS via Getty Images) Cbs Photo Archive | Cbs | Getty Photos The creator at the rear of the new exchange-traded fund aimed at changing world wide fans of Korean material into an […]
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Fox loses legal battle to buy a stake in FanDuel from parent company Flutter at a lower valuation
The FanDuel Inc. app. Andrew Harrer | Bloomberg | Getty Images Fox lost a legal battle to buy an 18.6% stake in sports betting company FanDuel Group from its parent company Flutter at a reduced valuation, according to a ruling Friday from a New York arbitrator. Should Fox exercise its option to take the stake, […]
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Shonda Rhimes is among the creators unhappy with Netflix’s mid-video ads, sources say
Shonda Rhimes attends 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA. Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the high-powered producer behind “Bridgerton” and “Inventing Anna,” is among a number of showrunners, creators and writers who have expressed displeasure with Netflix‘s decision to include mid-video ads in […]
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Warner Bros Discovery stories underwhelming earnings, suggests new streaming provider coming earlier
Warner Bros. Discovery noted its 3rd-quarter earnings on Thursday, lacking analyst expectations, as it felt the results of a tricky advertising and marketing setting and fees involved with its publish-merger restructuring. CEO David Zaslav also introduced that the merged variation of the firm’s HBO Max and Discovery+ streaming services will be coming in the spring, […]
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Trump Media deal partner DWAC adjourns shareholder meeting for sixth time as it seeks votes to delay merger
The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Digital World Acquisition Corp., the shell company set to take Trump Media and Technology Group and its Truth Social platform public, adjourned a shareholder vote on the planned merger […]
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Toho plans to release a new Japanese Godzilla film next year as the monster’s audience grows
A real-scale head of Godzilla is displayed at the balcony of the commercial complex as a new Tokyo landmark during its unveiling at Kabukicho shopping and amusement district in Tokyo April 9, 2015. Issei Kato | Reuters The King of the Monsters still reigns in Japan — and most other places. Godzilla’s grasp on fans […]
Read MoreCNBC cancels ‘The Information with Shepard Smith’ to refocus on organization news
The Information with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The Information with Shepard Smith,” its primetime common news demonstrate, to refocus on business enterprise and industry coverage. The community declared the news Thursday in an e-mail to CNBC staff members. Smith will be leaving the community afterwards this month, according to […]
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Altice USA stock sinks after tough third quarter earnings
Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report. The company, which provides broadband, cable-TV, wireless and phone services, saw its shares sink following Wednesday’s earnings report that net income and revenue fell […]
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