Media
AT&T shares sink after company posts softer than expected revenue
An attendee makes a phone call by the AT&T Inc. stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28, 2023. Angel Garcia | Bloomberg | Getty Images AT&T shares fell Thursday after the telecommunications giant reported first-quarter results that saw subscriber growth […]
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Paramount fires back at Warner Bros. Discovery in ‘South Park’ streaming lawsuit
Stan And Kyle From The Episode “Clubhouses.” Getty Images | Hulton Archive | Getty Images It’s going down in “South Park.” Paramount Global snapped back at Warner Bros. Discovery in a lawsuit over the streaming rights for the comedic cartoon, and is seeking more than $50 million in unpaid fees. The counterclaim, which Paramount filed […]
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Top pro leagues, media outlets team up to combat problematic sports-betting ads
Kansas City Chiefs tight end Travis Kelce makes a catch for a touchdown in the first quarter past the defense of Philadelphia Eagles safety Marcus Epps during Super Bowl LVII Sunday, Feb. 12, 2023, in Glendale, Arizona. Rich Sugg | Kansas City Star | Tribune News Service | Getty Images The nation’s top professional leagues […]
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Fox faces similar defamation case from Smartmatic after Dominion settlement
People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. and its TV networks agreed to pay $787.5 million to settle Dominion Voting Systems’ defamation lawsuit this week, but the media giant’s legal headaches don’t end there. Still hanging […]
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ESPN to start layoffs early subsequent week as element of Disney price cuts, resources say
ESPN Mike Windle | ESPN | Getty Photos ESPN will start out layoffs early next week as section of guardian enterprise Disney‘s expense chopping endeavours, according to persons common with the issue. Cuts will incorporate some on-air expertise and management, stated the people today, who requested not to be named for the reason that the […]
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Defamation suit settlement will hold Fox accountable for election claims, Dominion negotiator says
The last-minute $787.5 million settlement of the Dominion Voting Systems defamation lawsuit against Fox Corp. was a major step toward making Fox News answer for false claims that Dominion’s machines influenced the 2020 election, a key negotiator of the deal said Wednesday. “We feel good about being able to accomplish our goals of keeping Fox […]
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Netflix blames technical bug for live ‘Love Is Blind’ reunion snafu
A participant stands behind a door, hiding her identity, on Netflix’s “Love is Blind” reality dating show. Source: Netflix Netflix Co-Chief Executive Officer Greg Peters blamed a technical “bug” for why the company had to delay its “Love Is Blind” reunion special. The reality TV special, originally set to run live at 8 p.m. ET […]
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Netflix may shrug at writers’ strike after slashing content spending in first quarter
Netflix gift cards are seen in a shop in Krakow, Poland on June 13, 2022. Jakub Porzycki | Nurphoto | Getty Images There’s overwhelming support among Hollywood writers to strike for more money. But their timing is far from ideal. Netflix revealed Tuesday it spent $2.5 billion on content in the first quarter. That’s down […]
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Fox News and Dominion settle election defamation lawsuit for $787.5 million
A particular person walks earlier Fox Information Headquarters at the News Corporation setting up on May possibly 03, 2022 in New York City. Alexi Rosenfeld | Getty Illustrations or photos WILMINGTON, Del. – Fox Corp. and its cable networks agreed Tuesday to spend $787.5 million to Dominion Voting Techniques to settle a defamation lawsuit more […]
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Netflix reports earnings after the bell — here’s what to expect
Sopa Images | Lightrocket | Getty Images Netflix is scheduled to report first-quarter earnings after the bell on Tuesday, and investors will be paying close attention to subscriber numbers, especially for its ad-supported tier. While Netflix will no longer provide guidance for subscribers, it will still report how many total user count, in the U.S. […]
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