Latest Media and entertainment industry News
After exiting the Christian music industry, these artists engage religion on their terms
(RNS) — When former Christian artist Michael Gungor first hosted a new spiritual community in Los Angeles this year, worship began not with an organ blast or sermon series video promo, but with blowing bubbles. Appropriately dubbed “Play,” Gungor envisioned the event — which...
DoorDash partners with Lyft to give members ride-sharing benefits
Delivery service DoorDash said Wednesday that it's partnering with Lyft to bring ride-sharing benefits to its members. The announcement came as DoorDash released better-than-expected results for its third quarter. The San Francisco company said its revenue rose 25% in the...
The leaders of India and Spain launch India's first private military aircraft plant
VADODARA, India (AP) — Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez inaugurated India's first private military aircraft plant on Monday, boosting New Delhi's ambitions of growing local manufacturing in its defense and aerospace industries. Sanchez...
Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026
The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year. The entertainment giant also announced that it anticipates naming its new CEO in early 2026. Gorman will become chairman on Jan. 2, 2025. He will succeed...
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
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 5.1 million subscribers that Netflix added during the July-September period...
Netflix: Q3 Earnings Snapshot
LOS GATOS, Calif. (AP) — LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Thursday reported third-quarter earnings of $2.36 billion. The Los Gatos, California-based company said it had net income of $5.40 per share. The results exceeded Wall Street expectations. The...
Texas lawmakers signal openness to expanding film incentive program
During a legislative hearing that featured clips of television shows filmed in Texas and testimony from movie stars like Dennis Quaid, lawmakers considered whether to overhaul a film incentive program that has lured hit productions like “Yellowstone” and “Friday Night Lights” to the state....
Google says it will stop linking to New Zealand news if a law passes forcing it to pay for content
WELLINGTON, New Zealand (AP) — 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 law forcing tech companies to pay for articles displayed on their platforms. The vow to sever Google...
Georges Media Group names Kevin Hall as its next publisher
BATON ROUGE, La. (AP) — Georges Media Group, the parent company of The Times-Picayune and The Advocate, has promoted current president Kevin Hall to be the news organization's next publisher. Hall succeeds Judi Terzotis who is stepping down from handling the company's day-to-day...
Satellite service DirecTV buys rival Dish as it fights the onslaught of streaming services
DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant. DirecTV said Monday that it will acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange...