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Paramount CEO announces layoffs as cost pressures, take-private talks build

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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 CEO Bob Bakish announced…

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WWE deal doesn’t mean Netflix will invest more in sports, co-CEO says

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Dwayne ''The Rock'' Johnson and John Cena in action during WrestleMania XXVIII at Sun Life Stadium on April 1, 2012 in Miami Gardens, Florida.Ron Elkman | sports Imagery | Getty…

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Nelson Peltz states his case for joining the Disney board

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Activist investor Nelson Peltz is stating his case for joining Disney's board.Peltz's Trian Fund Management, in formally nominating Peltz and former Disney Chief Financial Officer Jay Rasulo to the media…

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Nelson Peltz is launching a blitz on Disney. Here’s what he says is next in his proxy fight

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Activist investor Nelson Peltz.David A. Grogan | CNBCDisney and its investors are going to start hearing a lot from activist investor Nelson Peltz.In the coming weeks, Peltz's Trian Fund Management…

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The Messenger is counting on a sudden and dramatic advertising turnaround to survive

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Screenshot of the TheMessenger website.Source: TheMessengerThe Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic…

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Radio shows surprising resilience even in a rapidly changing media world

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Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014.Robert Alexander | Archive Photos | Getty ImagesIt's a familiar refrain: "Legacy media…

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Marvel drops actor Jonathan Majors after assault conviction, source says

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Jonathan Majors, and his girlfriend, Meagan Good, flanked by his lawyer Priya Chaudhry (R), arrive to Manhattan Criminal court for his pre trial hearing on August 03, 2023 in New…

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Big M&A and Bob Iger’s future: 13 media executives make their anonymous 2024 predictions

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NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York…

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Cheddar News sold by Altice USA to media company Archetype

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The Cheddar News logo is seen on a smartphone and PC screen.Sopa Images | Lightrocket | Getty ImagesCheddar News owner Altice USA announced Thursday it has sold the financial news…

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2024 is shaping up to be the year of the streaming bundle

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The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.Presley Ann | Getty Images Entertainment | Getty ImagesThis year proved…