Latest Media and entertainment industry News

Jewelry designer, 'Bling Empire: New York' cast member Lynn Ban dies at age 51

Jan. 23, 2025 13:25 PM EST

Netflix's “Bling Empire: New York” cast member Lynn Ban has died at age 51. Her death comes weeks after the jewelry designer and fashion expert was hurt in a Christmas Eve skiing accident in Aspen, Colorado. She later underwent brain surgery. Sebastian Ban posted...

Netflix's bet on live events helped reel in 19 million more subscribers in holiday-season quarter

Jan. 21, 2025 17:39 PM EST

SAN FRANCISCO (AP) — Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, capping the video streaming service's best year yet in a sign that its expansion into live programming is paying off. The...

Netflix: Q4 Earnings Snapshot

Jan. 21, 2025 16:21 PM EST

LOS GATOS, Calif. (AP) — LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Tuesday reported fourth-quarter profit of $1.87 billion. On a per-share basis, the Los Gatos, California-based company said it had net income of $4.27. The results beat Wall Street...

Dozens of firms pull ads from Japanese network over sex scandal linked to its staff and celebrity

Jan. 21, 2025 12:59 PM EST

TOKYO (AP) — Dozens of major Japanese companies have pulled their commercials on Fuji Television amid allegations company officials tried to cover up a sex scandal involving one of the country’s most famous TV hosts. The scandal centers on Masahiro Nakai, a former member of the...

Next Week: Netflix earnings, leading economic indicators, existing home sales

Jan. 17, 2025 11:51 AM EST

A look at some of the key business events and economic indicators upcoming next week. Binge this Netflix delivers its fourth-quarter financial results after the bell Tuesday. Analysts predict the streaming video pioneer will report earnings of $4.20 per...

Beyoncé donates $2.5 million to fire relief and Meghan delays show launch due to the disaster

Jan. 13, 2025 17:40 PM EST

LOS ANGELES (AP) — Weaker winds and intense firefighting efforts over the weekend boosted containment of fires burning in and around Los Angeles, but the effects of the blazes on the entertainment world continue. The Oscar nominations have been delayed and the film academy...

Melania Trump says she's packed and ready for the move back into the White House

Jan. 13, 2025 10:50 AM EST

WEST PALM BEACH, Fla. (AP) — Incoming first lady Melania Trump says she's packed and ready to move back into the White House, where son Barron will have a bedroom, and she plans to revive her Be Best children's initiative. Trump also said in a taped interview broadcast Monday on...

Media companies scrap Venu Sports streaming service before it even started

Jan. 10, 2025 13:56 PM EST

The planned streaming service Venu Sports has been scrapped before it ever started. ESPN, Fox and Warner Bros. Discovery announced Friday they were pulling the plug on Venu. It had been expected to make available sports products from all three services as a mid-priced entry for cable...

Fubo combining with Disney's Hulu + Live TV; lawsuit against Venu Sports settled

Jan. 06, 2025 12:32 PM EST

Disney's Hulu + Live TV and sports streaming service Fubo are combining in a deal that will also see the settlement of a lawsuit against the creation of Venu Sports. Fubo and Hulu + Live TV both allow customers to stream live broadcast and cable networks on their connected TVs,...

Why Apple TV+ is offering a free weekend of binge-watching

Jan. 03, 2025 12:29 PM EST

NEW YORK (AP) — Apple TV+ is hoping people will make a dent in the Strategic Popcorn Reserve by bingeing its streaming TV and movies for free this weekend in what experts are calling a canny promotion. The two-day offer this Saturday and Sunday is intended to give viewers a taste...