Latest Business News
‘Inside the NBA’ Will Air on ESPN and ABC as Part of Settlement Between WBD and NBA, AP Sources Say
Ernie Johnson Jr., Charles Barkley, Kenny Smith and Shaquille O’Neal will remain with the show.
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‘Don’t Look Up’ Copyright Lawsuit Dismissed, For Now
William Collier claimed that Adam McKay copied elements of his dark comedy novel, which the Oscar-winning director-writer allegedly got a copy of more than a decade ago.
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Los Angeles Times Owner Goes on Fox News to Outline New Approach: “We Need Views From Both Sides”
The paper's owner said he wanted to more clearly demarcate stories that are news and those that are opinion. And, as far as hiring: "I'm looking for people like [CNN's] Scott Jennings."
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Showtime Hit With ‘Yellowjackets’ Idea Theft Lawsuit
The lawsuit points to overlapping plot points, themes and characters in the survival thriller 'Eden.'
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Russia-born Tycoon Tries “Land Grab” of WME Clients In Legal Battle Over IMG Artists
Alexander Shustorovich, who has built up his stake in IMG Artists, won an arbitration ruling that may subject WME to a far-reaching noncompete on representing certain music categories. The Endeavor-owned agency denies the claim and intends to fight back.
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Netflix’s ‘Rez Ball’ Sparks Idea Theft Lawsuit From Producer
Rob Grabow accuses producers of the sports movie of lifting elements from his script.
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Disney Stock Rises Post-Earnings as Wall Street Reacts to Longer-Term Guidance
Multiple analysts raised stock price targets on the Hollywood studio conglomerate.
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John Malone Says Next Iteration of Liberty “May Not Be In the Media Business” as He Forecasts Moves
The telecom and media mogul says that his new structure could see Formula 1 buy other racing circuits.
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Disney CEO Bob Iger to Sell Up to $41M in Stock
Iger adopted the trading plan on Aug. 14 that allows for the potential exercise of his vested stock options.
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What Happened to the Celebrity Telethon?Â
Star-studded television benefits once raised massive dollars for disaster relief and disease research. Now, as viewership plummets, nonprofits are relying on livestreams from celebrities.
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Bob Iger on Disney M&A Under Trump: “We Don’t Really Need More Assets Right Now”
The comments come after many other media executives said they will be looking for new acquisitions and greater consolidation under the next administration.
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The Onion Buys Alex Jones’ Infowars With Plans to Make It a “Cosmic Joke”
The satirical news site won bidding for the assets and has the backing of the Sandy Hook families.
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CNN Promotes David Chalian to D.C. Bureau Chief
The network's political director takes over a role previously held by Sam Feist, who departed earlier this year to take a job at C-SPAN.
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Disney Expects to Spend $24B on Content Next Year
Rate hikes at the NFL and NBA may mean that sports drive the slight spending increase, with the company reporting $23.4 billion for this past year.
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Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse
The joint venture will be one of the largest Media & Entertainment companies in India with pro forma combined revenue of approximately $3.1 billion.
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Disney Earnings Powered by Streaming, ‘Deadpool & Wolverine’ — and Rare Three-Year Look at Guidance
Disney+ now has more than 120 million "core" subscribers, a 4 million sub boost from last quarter.
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