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The Latest Breaking News on Media

Paramount cuts 800 staff two days after Super Bowl was biggest ever TV show

Company that owns CBS, broadcaster of NFL showpiece, announces 3% reduction in global workforce

The Guardian - US

Paramount Global Set To Dismiss 800 Employees in Cost-Cutting Move

‘I am confident this is the right decision for our future,’ CEO Bob Bakish said in a memo

Multichannel News

SHOP Earnings: Buy or Watch for Smart Moves?

Canadian e-commerce company Shopify (SHOP) delivered robust growth in the last reported quarter and gave upbeat guidance for the quarter ended December 2023. With the company scheduled to release earnings tomorrow, is SHOP a smart choice today? Keep reading.

StockNews.com

From analysis to the latest developments in health,
read the most diverse news in one place.

Disney announces Moana 2, EPSN streaming platform and more during earnings call

Disney’s first-quarter earnings report reveals a slew of new projects in development and the surprise announcement of Moana 2.

Tom’s Guide

Disney Beats Forecasts As Streaming Struggles Improve

Disney on Wednesday reported higher than expected profit in the final three months of last year as it strives to adapt to a shift from television to streaming.

International Business Times

Cost-Cutting Gives Disney an Earnings Boost in Quarter

Core Disney Plus subs down, DTC losses decline, ESPN DTC version coming in fall 2025

Multichannel News

The overlooked Spotify feature that delivers chaotically brilliant playlists based on your friends' listening history

Spotify's Blend feature flew under the radar for me, but now I use it nearly every day.

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First season of “100 Days to Indy” going international with Paramount+

The docuseries, which follows various IndyCar Series drivers in the buildup to the Indianapolis 500, will begin streaming internationally on Paramount+ on Friday, Feb. 16, with the exception of Japan, which will follow on Tuesday, April 19.

Motorsport

TV Giants Team Up for Sports Comeback vs. Streamers

Fox, ESPN, Warner Bros. Discovery will form joint venture to deliver game telecasts over the top

Multichannel News

Spotify swings to loss as it adds 200,000 audiobooks to paid service

Job cuts add to costs for streaming service but it gains 10m premium subscribers in fourth quarter

The Guardian - UK

Universal Music CEO announces restructuring, new leadership for label operations

Universal Music CEO Lucian Grainge announces a restructuring of the operating model, with John Janick and Monte Lipman assuming greater responsibility over...

Top News

Byron Allen Bids B for Paramount Global Acquisition

Byron Allen, media mogul, presents a monumental billion bid for Paramount Global, encompassing its debt, in a groundbreaking move that could reshape th...

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Tom’s Guide

I would cancel Hulu this month — here's why

Here's why you should consider canceling Hulu in February 2024

Motorsport

F1 owner Liberty Media tops list of world’s most valuable “sports empires”

Liberty has previously topped the Forbes Top 25 list, which consists mainly of individuals and entities that own several major US sports franchises, although some also own top European football teams.

Multichannel News

Paramount CEO Bob Bakish Lays Out Plan To Raise Earnings, Cut Costs

Memo acknowledges takeover speculation, but urges staff to focus on execution

Tom’s Guide

How to get Disney Plus and Hulu for free

Some ways to get free Hulu and Disney Plus

Cinemablend

Pixar Will Be Hit With Layoffs This Year, And They Could Be Massive

Disney saw massive layoffs last year, and now it looks like Pixar is next.

Broadcasting & Cable

Disney is Letting Advertisers Buy Disney Plus, Hulu Together (CES 2024)

‘Disney Magic Words’ for marketers are on the way

Kiplinger

ROXi To Launch Free Music Video Streaming in U.S.

The U.K.'s ROXi is coming to the U.S. to offer ad-free and ad-supported services. Here's what to consider.

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