Paramount considers BET Media majority stake sale

Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company’s merger at the Nasdaq MarketSite in New Yor...

ESPN wants to be the hub of all live sports streaming

Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching...

Warner Bros. Discovery sues Paramount over ‘South Park’ streaming rights

Stan Marsh, Kyle Broflovski, Eric Cartman and Kenny McCormick attend The Paley Center for Media presents special retrospective event honoring 20 seasons of ‘South Park’ at The Paley Center...

Warner Bros Discovery (WBD) 4Q22

Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warne...

Paramount plans streaming price increases

Paramount Global said it saw its streaming business grow during the fourth quarter, and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount ...

Stocks making the biggest moves premarket: SHAK, SPCE, PARA

Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower...

RBLX, ABNB, BCS, SI and more

Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday Wednesday: Roblox — Shares of the video game company skyrocketed more than 24% after ...

Stocks making the biggest moves premarket: KHC, PARA, ABNB

Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell. Devon Energy — Shares fell 6.4% after the energy company reported fourth-quarter earnings and reven...

Berkshire Hathaway Slashes Stake in Taiwan Semi. What Else Buffett Sold.

Berkshire Hathaway slashed its stake in Taiwan Semiconductor during the fourth quarter and nearly eliminated what had been a large stake in U.S. Bancorp according to filings late Tuesday. Berkshire Ha...

Airbnb, Coca-Cola, Shopify, Deere, DoorDash, Paramount, and More Stocks for Investors to Watch This Week

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GM, Jeep and Kia among only automaker advertisers

Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers ...

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...

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...

Stocks making the biggest moves midday: Pentair, UPS and more

General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, ...

Showtime to combine with Paramount+, rebrand with new name

In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Paramount Global is...

‘M3gan’ box office success sets stage for scary good year in horror

A lifelike doll programmed to be a child’s greatest companion and a parent’s greatest ally turns murderous in Universal Studios and Blumhouse’s “M3GAN.” Universal A fashi...

Netflix rivals like Disney are comrades in fight against slow growth

For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would surviv...

Peltz may be overreaching with Disney proxy fight

Bob Iger, chief executive officer of The Walt Disney Co. Patrick T. Fallon | Bloomberg | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s ...

Maverick, Disney won 2022 box office crown

Tom Cruise in “Top Gun: Maverick” Source: Paramount “Top Gun: Maverick” was the highest grossing theatrical release in 2022, but its $719 million haul wasn’t enough to ma...

Paramount sued for $500 million over 1968 ‘Romeo & Juliet’ nude scene

British actress Olivia Hussey and actor Leonard Whiting star in Franco Zeffirelli’s ‘Romeo and Juliet,’ circa 1967. Keystone | Hulton Archive | Getty Images Two stars of the 1968 fil...

Netflix, Disney had a tough year, and 2023 doesn’t look good

In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this ...

The Way of Water’ nears $900 million at the global box office

Avatar: The Way of Water Courtesy: Disney Co.  Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop...

Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday

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YouTube NFL Sunday Ticket deal is a win for traditional TV networks

Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half...

The Way of Water needs strong second week at box office

Avatar: The Way of Water Courtesy: Disney Co.  All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-gr...

NFL Sunday Ticket goes to YouTube in $2 billion annual deal

The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...

Marvel sequels are most anticipated movies of 2023: Fandango survey

Still image from Spider-Man Into The Spider-Verse Source: Sony Pictures Movie fans apparently can’t get enough of superheroes. A trio of upcoming Marvel movies − the newest installments of the G...

Disney shares fall after ‘Avatar’ opening weekend comes in soft

Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.&...

Executives make media predictions for 2023

Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...

Paramount shares fall as CEO lowers ad revenue forecast

In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Shares of Paramount Global fell about 7% Tuesday a...

Warner Bros. Discovery CEO David Zaslav’s top priority: Cash flow

David Zaslav Olivia Michael | CNBC A few months ago, after a lengthy and sobering review of Warner Bros. Discovery‘s business, Chief Executive David Zaslav gave his division heads a cutthroat mi...

Textron, Charter, Estee Lauder, Signet and more

Beechcraft King Air turboprop aircraft are seen on the assembly line at the Textron Aviation Inc. production facility in Wichita, Kansas, on Thursday, June 7, 2018. Luke Sharett | Bloomberg | Getty Im...