Disney doesn’t plan to change its TV networks portfolio anytime soon
Scene from the FX series Shogun.Source: Disney | FXDisney has done the math on separating its TV networks business, and it appears too messy to be done — at least…
Disney earnings offer hope that streaming can successfully supplant linear TV
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg | Getty ImagesDisney might be proving the…
Disney and James Gorman hope to foolproof the process to find Bob Iger’s successor
Disney is counting on incoming board chairman James Gorman to deliver an ironclad system to identify the best possible successor for CEO Bob Iger. Given Gorman's track record, some board…
Deadline extended: Nominate a leader for CNBC’s second annual Changemakers list of women transforming business
CNBC is now accepting nominations for our second annual Changemakers list.The list recognizes women transforming business and philanthropy, female leaders who have accomplished a meaningful achievement in 2024. The goal…
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump
Jakub Porzycki | Nurphoto | Getty ImagesWarner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter.It marked the biggest quarterly growth for…
Comcast tops earnings estimates as Olympics propel the company
Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count. Shares of Comcast gained 6% in early trading Thursday.Here is how…
Comcast is exploring separation of cable networks business
Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday.During the company's third-quarter earnings call with investors, Cavanagh said the company is exploring creating "a…
Marc Benioff is in talks to sell media company Time to Antenna Group
Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.Dimitrios Kambouris | Getty ImagesGreek media company the Antenna Group is…
Comcast’s potential cable networks separation will test the appetite for media reconfiguration
Mike Cavanagh, president of Comcast Corporation, at center, during the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.David A. Grogan | CNBCComcast is thinking about…
Why Meta and Snap are spending billions on AR glasses
After a decade of development and billions of dollars, Meta CEO Mark Zuckerberg in September pulled back the curtain on one of the company's most ambitious projects: an augmented reality…