Media
Intuit shares pop 9% on earnings beat, rosy guidance
Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts’ estimates and issued rosy guidance for the full year. Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18% to […]
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Disney seeks to stop YouTube from hiring veteran to oversee sports and media
Disney logo is seen on the store in Rome, Italy on May 10, 2025. Nurphoto | Nurphoto | Getty Images Walt Disney seeks to stop Alphabet’s YouTube, which announced Thursday that it has appointed long-time executive Justin Connolly as its global head of media and sports. Disney filed a lawsuit against YouTube in a state court in Los Angeles late Wednesday to stop the appointment, alleging breach of contract, […]
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Hinge Health opens at $39.25 per share after pricing IPO at top end of range
Hinge Health signage outside the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Shares of Hinge Health popped in their debut on the New York Stock Exchange on Thursday after the digital physical therapy company raised […]
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Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership
Wendy McMahon, president and co-head of CBS News and Stations. Michele Crowe | CBS | Getty Images CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company’s news division and Paramount Global controlling shareholder Shari Redstone. Paramount Global co-CEO George […]
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Netflix to stream ‘Sesame Street’ episodes beginning later this year
The Netflix logo and Bert and Ernie from Sesame Street. Sam Wasson | Getty Images “Sesame Street” has a new streaming home. Netflix will stream the next three seasons of “Sesame Street,” as well as a library of past episodes, securing the future of the longtime children’s program known for characters such as Elmo and […]
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BT nears deal to sell TNT Sports stake to Warner Bros Discovery, FT reports
A BT logo sits on a wall outside the headquarters of BT Group Plc in London, U.K., on Monday, Dec. 15, 2014. BT started exclusive talks to acquire Deutsche Telekom AG and Orange SA’s British wireless venture EE for 12.5 billion pounds ($19.6 billion), moving ahead with a deal that’s set to spur more mergers […]
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Cable companies Charter and Cox agree to merge
Sopa Images | Lightrocket | Getty Images Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 […]
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YouTube launches weekly top podcast list to rival Spotify and Apple
A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel on March 8, 2025 in Austin, Texas. Mat Hayward | Variety | Getty Images YouTube is solidifying its place in podcasts. The company on Thursday announced the launch of a weekly top podcast shows chart, rivaling those […]
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Netflix says its ad tier now has 94 million monthly active users
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November. The company and its peers have been increasingly leaning on advertising to boost the profitability of their streaming products. Netflix first introduced the ad-supported plan in […]
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WBD is renaming streamer Max as HBO Max, again
Scene from season 3 of White Lotus. Source: HBO HBO became HBO Max became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced the rebranding Wednesday during its upfront presentation in […]
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