Television
News Corp considers selling Australia pay TV and streaming unit
Foxtel headquarters are seen at North Ryde on June 20, 2012 in Sydney. Cameron Spencer | Getty Images News | Getty Images Rupert Murdoch’s News Corp said it may sell Australian cable TV and streaming unit Foxtel after receiving an approach, a deal that would end its involvement in a high-overhead asset that has struggled […]
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YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of […]
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Warner Bros. Discovery hikes prices for Max streaming service
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Warner Bros. Discovery‘s Max announced price increases for its ad-free options on Tuesday, as a range of streamers make their memberships more expensive. The move comes only 12 days before […]
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Disney reportedly poised to claim victory in bitter Peltz board struggle
Walt Disney Co has secured adequate shareholder votes to defeat a obstacle towards its board mounted by Nelson Peltz’s hedge fund Trian Fund Administration, individuals familiar with the make any difference said on Tuesday. Robyn Beck | Afp | Getty Photos A multimillion-dollar, mud-slinging battle about Walt Disney‘s long run will officially conclusion on Wednesday […]
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Advisory firm ISS tells Disney shareholders to side with Nelson Peltz in proxy fight
The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023. Michael M. Santiago | Getty Images Proxy advisory firm Institutional Shareholder Services on Thursday recommended that Walt Disney shareholders elect activist investor Nelson Peltz to the board in his bitter fight against […]
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Disney's $8.5 billion Reliance merger is a streaming wars get in sporting activities-obsessed India
Disney+ Hotstar brand is observed on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Photos/LightRocket through Getty Photographs) Sopa Pictures | Lightrocket | Getty Illustrations or photos Walt Disney and Indian conglomerate Reliance‘s media merger will give back again remarkably precious cricket streaming legal rights to the U.S. organization […]
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Four motives Walmart needs to obtain intelligent Tv set maker Vizio
A employee walks past televisions, which includes the Vizio brand, on exhibit in a Walmart Supercenter on February 20, 2024, in Hallandale Seashore, Florida. Joe Raedle | Getty Visuals Walmart is performing some purchasing of its have. The retail giant announced very last 7 days that it ideas to purchase smart Television set maker Vizio […]
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Altice USA shares spike 50% on report Charter is considering acquisition
Igor Golovniov | Lightrocket | Getty Images Altice USA shares spiked as much as about 50% on Monday following a report that Charter Communications is considering buying the broadband company. Charter is working with financial advisors as it considers whether it would make sense to buy Altice USA, Bloomberg reported Monday, citing people with knowledge […]
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India’s Zee Enjoyment pops 10% on report that $10 billion merger with Sony is getting revived
The deal, introduced more than two many years in the past, was perceived as crucial for the survival of the corporations in a remarkably competitive industry. Bloomberg | Bloomberg | Getty Illustrations or photos Shares of India’s Zee Amusement jumped far more than 10% on Tuesday right after a report that its $10 billion merger […]
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Pay TV distributors may be planning their attack against new sports joint venture
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images It’s been about a week since Disney, Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out […]
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