Tag: Media and entertainment industry
Disney's streaming business turns a profit in first financial report since challenge to Iger
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped...
Artists from Universal Music Group are heading back to TikTok as new licensing deal reached
Artists from Universal Music Group, which include Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the...
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
NEW YORK -- Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising...
Paramount Global replaces CEO Bob Bakish with a troika of executives
NEW YORK -- Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.Bakish...
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
NEW YORK -- Stocks that traded heavily or had substantial price changes on Friday:Alphabet Inc., down $1.92 to $154.09.Google says it will combine...
Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
Netflix gained another 9.3 million subscribers to start the year while its still-emerging expansion into advertising helped produce financial results that exceeded analysts’...