Aptos Labs is expanding into the Web3 space by investing in TikTok’s competitor short video app, Chingari. Chingari Selects Aptos Blockchain The parent company behind the Aptos blockchain has recentl...
Tag: Media
Alec Baldwin sued over Halyna Hutchins ‘Rust’ movie shooting
Hilaria Baldwin and Alec Baldwin speak for the first time regarding the accidental shooting that killed cinematographer Halyna Hutchins, and wounded director Joel Souza on the set of the film “R...
Disney CEO Bob Iger says he prefers to stay only two years
Disney CEO Bob Iger appeared on CNBC’s “Squawk on the Street” Thursday following the company’s announcement it would cut 7,000 jobs and slash $5.5 billion in costs as part of a...
Disney announces layoffs, reorganization, cost cuts
Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three...
Disney CEO Bob Iger puts turnaround plans in place after a solid quarter
Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prior...
Dominion calls out Fox for missing evidence in lawsuit
A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Dominion Voting Systems is calling out Fox News and its pare...
Disney (DIS) earnings Q1 2023: Bob Iger returns
LOS ANGELES – Smaller subscriber losses and a beat on the top and bottom lines were the highlights of Disney‘s fiscal first-quarter earnings report. While the company’s linear TV and direc...
Netflix password-sharing crackdown launches in four countries
Netflix sign in page displayed on a laptop sscreen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2023. Jakub Porzycki | Nurphot...
Movie theaters get creative with concessions
The AMC Empire 25 near Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images...
NFL, World Cup ad revenue boost results
Striker, The U.S. Soccer Star balloon from Fox Sports is waked in the 2022 Macys Thanksgiving Day Parade past Columbus Circle in honor of the U.S. Mens National Team competing in the 2022 FIFA World C...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. The Stock Jumps.
Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney reported non-...
Sarah Kate Ellis, President And CEO Of GLAAD, On The Power Of Media And LGTBQ Representation, Part 1
The world today is vastly different than it was even just a few years ago, and much of that can be attributed to work toward increasing inclusivity and diversity in the workplace, in leadership, and i...
What will TV be like in three years? Insiders predict future
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes ov...
National Enquirer sold to group including ex-MoviePass chair
In this photo illustration, celebrity gossip dominates the cover of a National Enquirer magazine on April 11, 2019 in Chicago, Illinois. Scott Olson | Getty Images The National Enquirer, the tabloid a...
8 Rare Bored Ape NFTs Acquired By Meme Media Platform 9GAG
The 9GAG social media platform from Memeland has been loading up on high-priced Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs). On Feb. 6, Memeland spent almost 800 ETH to purchase eight Bored ...
Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74%...
How end of Netflix password sharing will change the way families watch
Nurphoto | Nurphoto | Getty Images Is sharing a Netflix password cybercrime? It will soon become, mostly, a thing of the past if the world’s largest streaming service has its way. After experime...
Vince McMahon open to leaving WWE if he sells company, CEO says
Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment Executive Chairman Vince...
Robert Kraft wants Tom Brady to retire with the Patriots
Tom Brady #12 of the New England Patriots celebrates with team owner Robert Kraft after defeating the Seattle Seahawks 28-24 during Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015...
Disney pressured to replace Michael Froman with Nelson Peltz
Nelson Peltz David A. Grogan | CNBC The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company’s annual shareholder meeting. Earlier in J...
NC Global Media Gears Up for the Second Edition of NC BlockFiesta’23 at Ethiraj College in Chennai
NC Global Media announces the upcoming destination of NC BlockFiesta’23. The Dubai-based media agency is taking the blockchain-centric education drive to Ethiraj College For Women, the regional colleg...
Biden targets stock buybacks — do they help you as an investor?
There seem to be two camps when it comes to stock buybacks. On one hand, share buybacks can reduce a company’s share count, which increases profit per share and hopefully supports a rising stock price...