Media
ESPN, Fox to bundle upcoming streaming services for $39.99 a month
Philadelphia Eagles wide receiver DeVonta Smith (6) scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs on February 9, 2025 at the Superdome in New Orleans, LA. Icon Sportswire | Icon Sportswire | Getty Images Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer […]
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Paramount buys UFC rights in $7.7 billion, 7-year deal in first major move post-Skydance merger
RIYADH, SAUDI ARABIA – FEBRUARY 01: (R-L) Michael Page of England punches Shara Magomedov of Russia in a middleweight fight during the UFC Fight Night event at anb Arena on February 01, 2025 in Riyadh, Saudi Arabia. (Photo by Chris Unger/Zuffa LLC) Chris Unger | Ufc | Getty Images Days after completing its merger with […]
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Omada Health beats on revenue in first earnings report since IPO
The Omada Health logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Omada Health reported quarterly results for the first time since its IPO in June. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Loss: Loss per share of 24 cents. Revenue: $61 million vs. $55.2 million […]
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Doximity buys Pathway Medical for $63 million to help doctors get AI-powered answers
Doximity at the New York Stock Exchange for its initial public offering on June 24, 2021. Source: NYSE Doximity is diving deeper into artificial intelligence, announcing on Thursday the acquisition of startup Pathway Medical for $63 million. Pathway has built an AI-powered clinical reference tool that doctors can use to ask questions about guidelines, drugs […]
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OpenAI launches new GPT-5 model for all ChatGPT users
OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images OpenAI on Thursday announced GPT-5, its latest and most advanced large-scale artificial intelligence model. The company is making GPT-5 available to everyone, including its free […]
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Warner Bros. Discovery film studios lift second-quarter results
Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box office hits during the second quarter. The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines,” and “F1,” which together generated $2 billion in the global box office to date, the company […]
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Airbnb beats on top and bottom lines for second quarter
Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of […]
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We’re upgrading our rating on Disney thanks to a misguided market reaction to earnings
Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled […]
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ESPN flagship streaming service to launch Aug. 21
A general view of the ESPN Monday Night Countdown booth prior to the game between the Jacksonville Jaguars and the Cincinnati Bengals at EverBank Stadium in Jacksonville, Florida, on Dec. 4, 2023. Mike Carlson | Getty Images ESPN will launch its new flagship streaming service — also named ESPN — on Aug. 21. Disney’s ESPN […]
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ESPN inks five-year deal for WWE’s live premium events including WrestleMania, Royal Rumble
Triple H looks on during WrestleMania 41 Saturday at Allegiant Stadium on April 19, 2025 in Las Vegas, Nevada. Georgiana Dallas | WWE | Getty Images The WWE is coming to ESPN. The Disney-controlled sports and entertainment business will pay an average of $325 million per year for five years of U.S. rights to the […]
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