Articles by Dade Hayes
Warner Bros. Discovery fell short of Wall Street expectations in the second quarter, as Supergirl and the lack of the NBA dragged total revenue down 11% to $8.7 billion.
Analysts had projected $9.2 οΏ½...
In an alternate timeline, Paramount would be reporting quarterly earnings this week as Warner Bros. Discovery, one of its subsidiaries, would no longer be releasing its own separate financials.
As iοΏ½...
Versant Media Group has acquired sports tech firm Full Swing for $530 million in cash, expanding its portfolio of businesses operating outside of traditional linear TV.
Full Swing, which makes hardwοΏ½...
Comcastβs jumpstart to the week β a plan revealed Monday to split into two smaller companies β signals the end of βall under one roofβ consolidation in media.
Things have been trending this...
The Comcast Co-CEO and designated chief exec of the media entity spinning off from the cable and broadband side of the house conveyed his sentiments in a memo to staffers (read it in full below). He οΏ½...
HBO Max, which has zigged and zagged more than most streaming services since its delayed launch in 2020, has regained some traction and will hit 150 million subscribers by the end of 2026.
Warner BrοΏ½...
Paramount has noted it will be 49.5%-owned by non-U.S. investors after completing a planned merger with Warner Bros. Discovery.
The stat came to light in a request Monday by Paramount for approval oοΏ½...
UPDATED with additional quotes and details. In his first public comments since a federal judge blocked Nexstarβs merger with Tegna, Nexstar CEO Perry Sook took aim at DirecTV, one of the plaintiffs ...
QVC Group, whose networks pioneered the concept of live TV shopping in the 1980s and built it into a mainstay of the late-20th century media business, has filed for Chapter 11bankruptcy.
The voluntaοΏ½...
Netflix topped Wall Street expectations for earnings and revenue in the first quarter, but the streaming giantβs shares still took a dive in after-hours trading Thursday.
Revenue rose 16% from the ...
