Media
Comcast earnings top analyst estimates despite broadband customer losses
Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segmen Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about […]
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Cinemark to add 20 ScreenX locations in push for premium moviegoing
ScreenX is the world’s first multi-projection cinema with an immersive 270 degree field of view. CJ 4DPLEX Singing witches and blue aliens are set to hit the big screen before the end of the year and bring in droves of moviegoers. Cinemark is preparing for the high demand by adding more unique premium screens to […]
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Spotify stock falls on revenue miss, lackluster guidance
Thomas Fuller | Lightrocket | Getty Images Spotify shares dropped about 5% before the bellTuesday after the music streaming platform fell short of Wall Street’s expectations and posted weak guidance for the current quarter. Here’s how the company did versus LSEG estimates: Loss: Loss of .42 euros vs earnings of 1.90 euros per share expected […]
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Warner Bros. Discovery announces post-split companies will be ‘Warner Bros.’ and ‘Discovery Global’
David Zaslav, President and CEO of Warner Bros. Discovery, attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | Reuters Warner Bros. Discovery on Monday announced the corporate names and leadership teams of its two future businesses as the company prepares to split in mid-2026. Its streaming […]
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Trump seeks quick deposition of Rupert Murdoch in Jeffrey Epstein letter defamation case
U.S. President Donald Trump and Rupert Murdoch. Kevin Lamarque | Ricky Carioti | Via Reuters Lawyers for President Donald Trump asked a judge on Monday to order Rupert Murdoch to sit for a deposition within 15 days for Trump’s $10 billion lawsuit accusing the media mogul of defaming him in a Wall Street Journal article […]
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Las Vegas Sphere to screen ‘The Wizard of Oz’ in the immersive venue’s first film experience
Jack Haley (1898 – 1979) as the Tin Man, Bert Lahr (1895 – 1967) as the Cowardly Lion, Judy Garland (1922 – 1969) as Dorothy, Ray Bolger (1904 – 1987) as the Scarecrow and Frank Morgan (1890 – 1949) as the Doorman to the Emerald City in ‘The Wizard of Oz’, 1939. Silver Screen Collection […]
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Media trailblazer Tom Rogers changes ‘raging bull’ stance on Netflix, sees worrisome signs
Former NBC Cable President Tom Rogers is dialing back his bullishness on Netflix. The media trailblazer, who was a self-proclaimed “raging bull” on Netflix, told CNBC’s “Fast Money” this week he’s starting to worry — and listed competition with free content on YouTube as a headwind. “[Netflix] still [has] more hit shows than all the […]
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CBS canceling Colbert begs the question: Are more late night shows next?
A marquee featuring “The Late Show with Stephen Colbert” is seen outside the Ed Sullivan Theater, where Colbert’s show is produced, in New York City on July 18, 2025. Angela Weiss | AFP | Getty Images There are two schools of thought around CBS’ decision to end “The Late Show with Stephen Colbert.” The first […]
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Meta names OpenAI’s Shengjia Zhao as chief scientist of AI Superintelligence Lab
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs. Zuckerberg […]
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NFL in talks to take a 10% stake in ESPN
Key Points The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two powerhouse brands in sports. The discussions are ongoing, and it’s possible the final deal may arrive at a smaller stake, according to the people. ESPN […]
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