Comcast to spin off cable networks, once star performers at the entertainment giant
Comcast will spin off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company. The shift, which comes as more and more people…
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Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service
Disney Q4 results top estimates bolstered by strong results from company’s entertainment business and streaming service
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Disney Q4 adjusted profit tops estimates on strong results from entertainment unit, streaming
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from company’s entertainment business and its streaming service. Disney earned $460 million, or 25 cents per share, for…
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Amazon launches an online discount storefront to better compete with Shein and Temu
Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20, an effort to compete with discount retailers that have increasingly encroached on the…
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Netflix’s subscriber growth slows as gains from password-sharing crackdown subside
Netflix on Thursday reported that its subscriber growth slowed dramatically during the summer, a sign the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off. The…
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Google says it will stop linking to New Zealand news if a law passes forcing it to pay for content
WELLINGTON, New Zealand — Google said Friday it will stop linking to New Zealand news content and will reverse its support of local media outlets if the government passes a…
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AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion
AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant’s remaining ties to the entertainment industry. AT&T said Monday…
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Google expert at antitrust trial says government underestimates competition for online ad dollars
ALEXANDRIA, Va. — Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces,…
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