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Disney CEO Josh D’Amaro tells CNBC parks were ‘big surprise’ in last quarter, company has ‘clarity’ and ‘stability’

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Disney CEO Josh D'Amaro told CNBC's Julia Boorstin on Friday that the company's parks division was a "big surprise" last quarter and that he feels confident about the company's trajectory…

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How NBCUniversal’s deal with YouTube could jump-start the next chapter of the streaming wars

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A general view of the Peacock logo on a microphone during the Big East Women's Basketball Tournament Championship game between the University of Connecticut Huskies and the Villanova Wildcats on…

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NBCUniversal and YouTube ink deal to embed Peacock in the video platform for premium subscribers

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NBCUniversal's Peacock is officially landing on YouTube. All of the streaming service's content — including NBC Sports' portfolio of the NFL and NBA, Universal films like the Minions franchise, and…

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Paramount agrees to delay WBD acquisition to as late as June 2027 amid legal challenge

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Jakub Porzycki | Nurphoto | Getty ImagesParamount Skydance has agreed to delay its proposed acquisition of Warner Bros. Discovery to as late as June 2027 — a multi-month delay that…

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How Roku fits into Fox’s future — and what investors are missing about the deal

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The Fox Corp. headquarters are seen on June 15, 2026, in New York City.Michael M. Santiago | Getty ImagesThe media industry has long been preparing for consolidation and mega deals.…

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Paramount, WBD hit with lawsuit from 12 states, including California, to block merger

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A group of 12 state attorneys general filed a lawsuit Monday challenging Paramount Skydance's proposed acquisition of Warner Bros. Discovery.The lawsuit, which came after weeks of speculation on if and…

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Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates

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The Netflix logo is seen on the roof of an office building in Los Angeles, California, on April 16, 2026.Michael Yanow | Nurphoto | Getty ImagesNetflix reported second-quarter revenue and…

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Paramount still plans to close WBD merger by end of September despite lawsuit

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Paramount Skydance is still aiming to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a recent lawsuit filed by state attorneys general challenging the…

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Versant agrees to buy golf simulator company Full Swing for $530 million

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Versant Media Group, the owner of cable networks including CNBC, MS NOW and the Golf Channel, has agreed to acquire golf simulation company Full Swing from private equity firm Bruin…

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Comcast announces it will spin off NBCUniversal and Sky from cable business

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Cheng Xin | Getty ImagesComcast said Monday it plans to spin off its remaining media business into a new publicly traded company as it looks to better compete in a…