Warner Bros. Discovery adds 7.2 million Max streaming subscribers
Warner Bros. Discovery announced on Thursday that its streaming platform, Max, gained 7.2 million global subscribers in the third quarter,…
Category: Media
Richard Parsons, former Time Warner CEO, dies at age 76
Richard Parsons, who played a key role in Time Warner’s separation from AOL following one of the most infamous takeovers…
Comcast to spin off cable networks as subscribers flee the bundle
In this article, Comcast has announced its plans to proceed with the spinoff of its cable network channels, which include…
Disney earnings offer hope that streaming can successfully supplant linear TV
In this article, Disney appears to be challenging the views of Warren Buffett, known as “The Oracle of Omaha,” who…
Disney says about 157 million global users are streaming content with ads
In this article, Disney announced on Wednesday that it has approximately 157 million global monthly active users who watch ad-supported…
Amazon Prime Video to stream Diamond regional sports networks
Diamond Sports has struck a deal with Amazon’s Prime Video to offer its 16 regional sports networks on the streaming…
Why Meta and Snap are spending billions on AR glasses
In this article, after a decade of development and billions of dollars, Meta CEO Mark Zuckerberg unveiled one of the…
CNN announces about 200 layoffs as it attempts to modernize business
Warner Bros. Discovery’s CNN has announced a reduction of approximately 6% of its workforce, equivalent to about 210 employees, as…
Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
In this article, Liberty Media announced on Wednesday that it is spinning off most assets, excluding Formula One auto racing,…