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ESPN will launch its own streaming service in fall 2025, alongside joint venture

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A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the…

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Warner Bros. Discovery halts merger talks with Paramount Global, sources say

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President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.Michael M. Santiago | Getty…

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CNBC Changemakers: Fortune 500 CEOs, Naomi Osaka and Alex Cooper share a success secret

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On Wednesday, CNBC is unveiling Changemakers, a new annual list of 50 women who are innovating and transforming business at the largest companies, at startups and at philanthropic organizations.CNBC received…

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Altice USA shares spike 36% on report Charter is considering acquisition

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Igor Golovniov | Lightrocket | Getty ImagesAltice USA shares spiked 36% on Monday following a report that Charter Communications is considering buying the broadband company.Charter is working with financial advisors…

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Warner Bros. Discovery shares drop 10% as company misses estimates, warns of 2024 cash flow headwinds

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The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in…

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Warner Bros. Discovery is hyping free cash flow. Investors don’t appear to be buying it

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The "Bobs" from the film Office SpaceSource: 20th Century Fox | YouTubeListening to Warner Bros. Discovery Chief Executive Officer David Zaslav speak on Friday's fourth-quarter earnings calls, I couldn't help…

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FuboTV sues Disney, Fox, Warner Bros. over sports joint venture

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Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls "extreme suppression of competition in the U.S.…

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Pay TV distributors may be planning their attack against new sports joint venture

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A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022.Ronald Martinez | Getty ImagesIt's been about a week since Disney, Warner Bros. Discovery and Fox announced…

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Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings

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Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | ReutersParamount Global is laying off…

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How the NFL is transforming the media business with streaming

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The NFL isn't just the most popular sports league in the U.S., it's also the most valuable with the highest-rated programming and the priciest ad time.In 2021 the league signed…