Writers union will resume strike negotiations with studios this week
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York…
GameStop names Ryan Cohen as CEO effective immediately, won’t receive salary
GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer's chief executive, chairman and president effective immediately — and he won't be…
Disney plans to nearly double its investment in parks and cruises business
Disney World celebrated its 50th anniversary in April 2022.Aaronp | Bauer-Griffin | GC Images | Getty ImagesDisney said in a securities filing Tuesday it will nearly double its planned investment…
Barry Diller rips WGA deal with studios, says fair use needs to be redefined to address AI
Slamming the tentative labor deal between Hollywood writers and studios, media mogul Barry Diller on Tuesday laid out his biggest bone of contention with generative artificial intelligence.Diller, chair of IAC…
After a year of chaos, CNN bets on new CEO Thompson to focus on long-term viability
A person walks past the CNN headquarters in Atlanta, Georgia, Nov. 17, 2022.Brandon Bell | Getty ImagesWhen former CNN Chief Executive Officer Chris Licht started running the news organization last…
Amazon is bringing ads to Prime Video — the ad-free option will cost an extra $2.99 a month
Rafael Henrique | Lightrocket | Getty ImagesAds are coming to Amazon's Prime Video.The company announced Friday that its streaming service — a part of Prime subscriptions that cost $14.99 a…
Rupert Murdoch steps down as chairman of Fox and News Corp.
Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp., the companies said Thursday. The move will be official in November.Murdoch, 92, will…
Live sports are headed to Max, as Warner Bros. Discovery adds a new tier to streaming app
Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021…
Hollywood is paying a steep price for never really figuring out the streaming model
People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023.Mario Tama | Getty Images News…
Comcast, Disney move up deadline to decide Hulu future ownership
Rafael Henrique | SOPA Images | LightRocket | Getty ImagesThe timeline to decide Hulu's ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday.Comcast and Disney are set…