Bill Ackman’s acquisition proposal is rejected by Universal Music Group
The board of directors of Universal Music Group on Friday unanimously rejected an unsolicited acquisition proposal by Bill Ackman and...
Entertainment
The famous Las Vegas landmark Caesars will be sold for around $6 billion
Tilman Fertitta, Trump's ambassador to Italy and a billionaire real estate mogul, will buy Caesars Entertainment for $5.7 billion. Adding...
Netflix’s ad-supported plan has 28 million monthly active viewers in Mexico
The ad-supported company is living a movie-like narrative. According to data released by the streaming service at Upfront 2026 in...
Over the previous ten years, Netflix has spent over $135 billion on films and TV shows
Netflix said on Tuesday that it has spent over $135 billion on films and TV shows over the last ten...
Nintendo anticipates 16.5 million Switch 2 units sold annually and increases prices
Nintendo stated on Friday that it anticipates selling 16.5 million Switch 2 systems in the fiscal year that ends in...
Due in part to the merger with Paramount, WBD loses $2.9 billion
Warner Bros Discovery reported a loss of approximately $2.9 billion in its first fiscal quarter, largely due to its merger...
The FCC demands a thorough examination of foreign investment in the Warner Bros. acquisition
On Tuesday, the lone Democrat on the Federal Communications Commission (FCC) demanded that foreign ownership stakes in the proposed Paramount...
GameStop places a daring $56 billion wager on eBay
GameStop proposed on Sunday to buy eBay Inc. for about $56 billion in a cash-and-stock deal. With CEO Ryan Cohen...
Warner Bros. Shareholders Back $110 Billion Merger with Paramount-Skydance
Warner Bros. Discovery shareholders on Thursday backed the company's proposed $110 billion merger with Paramount Skydance, but cast an advisory...
After the Warner Bros. debacle, Netflix expanded its share repurchase plan by $25 billion
Netflix announced this Thursday that its board of directors has authorized an additional share repurchase program worth $25 billion, thereby...
