Tag: Media and entertainment industry
Disney returns to profit in third quarter as streaming business starts making money for first time
The Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and...
Warner Bros. Discovery sues NBA for not accepting its matching offer
Warner Bros. Discovery has sued the NBA after the league did not accept the company's matching offer for one of the packages in...
South Korean tech giant Kakao's founder arrested in stock price manipulation case
SEOUL, South Korea -- South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price...
Warner Bros. Discovery informs NBA it will match Amazon Prime Video's offer to carry games
Turner Sports intends to continue its longtime relationship with the NBA.Warner Bros. Discovery informed the league Monday that it will match the $1.8...
Netflix's subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an...
Paramount Global owner calls off merger talks with Skydance Media
National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible...