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Disney’s Direct-to-Consumer ESPN Would Be “Different Offering” Than ESPN+, CFO Says
"What ESPN+ is today is a complement to, not a substitute for, ESPN linear, so it doesn't make any sense to just port over all of those linear rights ... to an ESPN+ at the price point that it currently is," CFO Christine McCarthy says.
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Fox Is Happy to Stay Out of the Streaming Wars “Bloodbath,” Says CEO Lachlan Murdoch
Free, advertising-supported platforms are "definitely a better business than SVOD," he adds.
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Broadway’s Box Office Recovery Bets on New York Tourism Rebound
The industry is hoping an influx of visitors, about 56 million this year, can boost the recent launches of 15-plus shows that are looking for audiences.
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Candle Media Buys Social Video Company ATTN:
This is the latest in a string of deals made by the Blackstone-backed media company.
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Elon Musk: Twitter Deal “Cannot Move Forward” Without “Proof” on Fake Accounts
"20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher," the Tesla and SpaceX boss tweeted in calling for more clarity.
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Take-Two Interactive Reports Strong Earnings Ahead of Zynga Close
The acquisition of Zynga is expected to close May 23.
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Trump Agrees to Use Truth Social as Primary Social Media Platform
The new company is basing its business model on Trump's popularity and usage of the platform.
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Twitter CEO Ushers in Budget Cuts Amid Elon Musk Deal Tumult
"I won’t use the deal as an excuse to avoid making important decisions," Parag Agrawal said.
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Netflix Tells Employees to “Spend Our Members’ Money Wisely” in New Memo
The directive comes after the streaming giant reported a 200,000 subscriber loss in the first quarter of 2022.
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Warner Bros. Discovery Upgraded By Wall Street Analysts on Spending Strategy
CEO David Zaslav's plan to not outspend competitors is a "relief," analysts say.
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Twitter Pushes Out Two Execs Ahead of Elon Musk Deal Close
GM Kayvon Beykpour and product revenue lead Bruce Falck were let go from the company.
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Two Stage Unions Partner In Effort to Ease Path to Employment (Exclusive)
The reciprocal agreement further brings together the Stage Directors and Choreographers Society and the American Guild of Musical Artists.
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