Latest Media and entertainment industry News
Comcast to spin off cable networks that were once the entertainment giant's star performers
WASHINGTON (AP) — Comcast is spinning off into a new company many of the cable television networks that were once at the entertainment giant's heart as consumers increasingly swap out their cable TV subscriptions for streaming platforms. Those one-time stars for Comcast's...
Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden
The chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he calls government “overreach” under President Joe Biden. The airline industry has chafed under consumer-protection regulations imposed by...
Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney's fourth-quarter adjusted profit beat Wall Street's expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.” Disney earned $460 million, or 25 cents per share, for the period ended...
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service
FanDuel Sports Network regional channels will be available as add-on subscription on Prime Video
LOS ANGELES (AP) — Diamond Sports Group announced Wednesday it reached a multiyear agreement with Prime Video to make its 16 regional sports network channels available as an add-on subscription. FanDuel Sports Network RSNs will be available for customers living within each team’s...
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 e-commerce giant's turf. In a blog post on Wednesday, the company said the...
News Corp.: Fiscal Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — News Corp. (NWSA) on Thursday reported earnings of $119 million in its fiscal first quarter. On a per-share basis, the New York-based company said it had profit of 21 cents. The publishing company whose flagship is The Wall Street...
News Corp.: Fiscal Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — News Corp. (NWS) on Thursday reported profit of $119 million in its fiscal first quarter. The New York-based company said it had net income of 21 cents per share. The publishing company whose flagship is The Wall Street Journal...
Algeria opens book fair opens without winner of top French language literary prize
ALGIERS, Algeria (AP) — As one of the Arab world’s largest book fairs opens in Algeria on Wednesday, there is one conspicuous absence. French-Algerian author Kamel Daoud, who won France’s most prestigious literary award earlier this week, was not invited to this year’s event. ...
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...