Media
EchoStar’s Dish sale marks disappointing end to Charlie Ergen’s ‘Seinfeld’ strategy
Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen […]
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EchoStar to sell Dish to DirecTV, combining major pay-TV providers
Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival DirecTV in a deal announced Monday that brings together two of the largest pay-TV providers, and sent EchoStar shares plunging 10%. DirecTV agreed to pay a […]
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DirecTV clinches long-elusive deal to combine with Dish
DirecTV on Monday agreed to buy EchoStar‘s satellite television business that includes Dish TV, capping decades of on-and-off talks to create one of the nation’s largest pay-TV distributors with a combined 20 million subscribers. The transaction comes at a time when satellite TV services DirecTV and Dish are hemorrhaging market share to competitors like Netflix […]
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WNBA viewership soars to new record, while attendance hits more than two-decade high
Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at Gainbridge Fieldhouse in Indianapolis, Indiana, on May 9, 2024. Brian Spurlock | Icon Sportswire | Getty Images The Women’s National Basketball Association’s viewership and attendance boomed during the 2024 season, as the […]
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EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming
Charlie Ergen, chairman and co-founder of Dish Network Corp. Jonathan Alcorn | Bloomberg | Getty Images Charlie Ergen is getting close to selling the pay-TV business he founded more than 40 years ago. EchoStar is in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, the closely held pay TV operator owned […]
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Super Micro shares tumble 12% after DOJ reportedly opens probe into company
Jaque Silva | SOPA Images | Lightrocket | Getty Images Super Micro Computer shares fell more than 12% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom. The probe is in its early days, according to a report from The […]
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Hoda Kotb announces she is leaving NBC’s ‘TODAY’ show
Hoda Kotb on the set of the TODAY Show on Friday, April 12, 2024, Nathan Congleton | Nbcuniversal | Getty Images Hoda Kotb will be leaving her role as a co-anchor on NBC’s “TODAY” show early next year, she announced in a letter to staff on Thursday. “As I write this, my heart is all […]
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Warner Bros. Discovery partners with Google for AI-generated captions on Max streaming service
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery is partnering with Google to integrate the internet giant’s AI technology into its Max video streaming platform to automatically generate captions. The two companies said they were working to make Max’s captions more accurate using a new caption-generation tool, which is being referred to internally […]
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German media empire Axel Springer to split in deal with KKR
Passers-by walk in front of the main entrance to the Axel Springer high-rise. Carsten Koall | Picture Alliance | Getty Images German media empire Axel Springer will be split in two under a deal between CEO Mathias Doepfner and private equity firm, the company said on Thursday, securing the billionaire chief executive’s control over news […]
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ESPN’s Adrian Wojnarowski will retire from the company to take a job in college basketball
Adrian Wojnarowski looks on before the game on June 7, 2023 at Kaseya Center in Miami, Florida. David L. Nemec | National Basketball Association | Getty Images ESPN‘s star NBA insider Adrian Wojnarowski is retiring from the company, according to a post from his X account Wednesday morning. The longtime sports reporter will take a […]
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