The CEO and founder of Netflix, Reed Hastings, is departing the organization
As the firm recovers from losing the bid to acquire Warner Bros. Discovery, Netflix CEO Reed Hastings is leaving the...
Entertainment
In the first quarter, Netflix’s revenue increased by 16%
Netflix surpassed predictions and forecasts of $12.1 billion in revenue and $0.76 per share in the first quarter. Reporting revenue...
After its deal for Warner Bros. Discovery failed, Netflix will turn its attention back to content and advertising
When Netflix releases its quarterly earnings on Thursday—the streaming behemoth's first results since its unsuccessful bid for Warner Bros. Discovery—investors...
A U.S. jury concludes that Live Nation and Ticketmaster are monopolistic
A federal jury in the United States found that Live Nation and its subsidiary Ticketmaster operate as a monopoly in...
The UK will look into the Paramount and Warner Bros. agreement
The proposed $110 billion acquisition of Warner Bros. by Paramount Skydance is anticipated to be the subject of an inquiry...
A Saudi Arabian fund will purchase ByteDance’s Moonton video gaming division
A Riyadh-based video game firm owned by Saudi Arabia's Public Investment Fund has agreed to purchase Shanghai Moonton Technology, the...
As Disney’s new CEO, Josh D’Amaro is getting ready for an exciting journey
At the annual shareholders' meeting on Wednesday, Josh D'Amaro formally took over as Disney's CEO, leading the entertainment behemoth during...
In an antitrust dispute, Live Nation and the Department of Justice come to an arrangement
According to a court hearing held this past week, Live Nation Entertainment reached an agreement with the EU Department of...
Ticketmaster keeps $7.58 from every ticket sold, lawyer alleges
Ticketmaster keeps an average of $7.58 from the price of each ticket for events at major concert venues. A New...
200 million customers might be served by the Paramount merger
According to data from Antenna, Paramount CEO David Ellison's plan to merge Paramount+ and HBO Max into a single streaming...
