Fox acquires sports broadcasting platform Caliente TV
A Fox Sports television camera during a game between the Utah Utes and the USC Trojans at the Los Angeles Memorial Coliseum in Los Angeles on Oct. 21, 2023.Brian Rothmuller…
Warner Bros. Discovery to split into two public companies by next year
Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to…
Warner Bros. Discovery split throws the future of TNT Sports into question
Earlier this year, Warner Bros. Discovery Chief Executive Officer David Zaslav ended his company's long relationship with the National Basketball Association. Now, he may be setting the stage to end…
Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms
This year's Disruptor 50 list, topped by Anduril in the No. 1 spot, and then OpenAI, showcases 50 companies that are challenging the status quo and using technology (most often,…
Paramount to cut 3% of U.S. workforce as it deepens cost-cutting
The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesParamount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the…
Disney to pay Comcast $438.7 million to take full control of Hulu, ending lengthy valuation process
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California.Rachel Murray | Getty ImagesDisney has…
Steph Curry’s Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says
Steph Curry's Gentleman's Cut bourbon.Courtesy: Gentleman's CutSteph Curry is one of the greatest basketball players ever, and judging by his company's financials, he's off to a pretty good start in…
Byron Allen puts broadcast TV stations up for sale
Byron Allen, founder, chairman and CEO of Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.Patrick T. Fallon | Afp |…
Trump’s trade war is giving renewed importance to advertising Upfronts
Michelle Monaghan, Leslie Bibb, and Carrie Coon in 'The White Lotus' on HBO. Courtesy: Fabio Lovino | HBOMedia companies are staring down widespread economic uncertainty as their annual pitch to advertisers and…
Video podcasts are the next big pitch at media Upfronts
Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast.Courtesy: WonderyAmazon's second-ever Upfronts pitch to advertisers this week featured an appearance by NFL champion brothers Jason and Travis…