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Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

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President and CEO of Warner Bros. Discovery David Zaslav arrives for the world premiere of "The Flash" at Ovation Hollywood in Hollywood, California, on June 12, 2023.Michael Tran | Afp…

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Comcast shares tumble as executive calls broadband ‘intensely competitive’

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View from behind a Comcast truck parked on a residential street in Lafayette, California, on Sept. 28, 2021.Smith Collection/gado | Archive Photos | Getty ImagesComcast Cable CEO Dave Watson told…

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Amazon Prime Video to stream Diamond regional sports networks

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Sopa Images | Lightrocket | Getty ImagesDiamond Sports reached a deal with Amazon's Prime Video that will allow its 16 regional sports networks to be made available on the streaming…

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ESPN hopes to reach more casual sports fans with Disney+ integration

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SportsCenter at ESPN Headquarters.The Washington Post | The Washington Post | Getty ImagesESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN.Walt…

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Disney stock surges on streaming growth, guidance

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In Disney and Pixar's "Inside Out 2," Joy, Sadness, Anger, Fear and Disgust meet new emotions.Disney | PixarDisney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming…

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NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights

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A view of the NBA on TNT logo on a broadcast camera prior to the start of the third quarter of Game Four of the Western Conference Second Round Playoffs…

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1 in 5 Americans get their news from social media influencers

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Getty ImagesAbout 1 in 5 Americans say they regularly get their news from "news influencers" on social media, according to a new study by the Pew Research Center.The rise of…

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Comcast to spin off cable networks as subscribers flee the bundle

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Brian Roberts, CEO, Comcast, speaks with Jim Cramer, on CNBC's "Mad Money" from Philadelphia, September 6, 2018.David A. Grogan | CNBCComcast is moving forward with the spinoff of its cable…

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Comcast’s cable network spinoff may be a signal to the media industry for necessary change

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Nikolas Kokovlis | Nurphoto | Getty ImagesComcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a…

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Comcast will announce the spinoff of cable networks Wednesday, sources say

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The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018.Mike Blake | ReutersComcast is moving forward with the spinoff of its cable network channels,…