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CNBC Media News
Dec 06, 2022

Netflix co-CEO Sarandos says streamer likely to offer multiple ad-supported tiers
Netflix is likely to offer multiple ad-supported tiers, co-CEO Ted Sarandos said at a conference Tuesday.

CNBC Media News
Dec 06, 2022

Rupert Murdoch will be deposed in Dominion's $1.6 billion lawsuit against Fox
Fox Chairman Rupert Murdoch will face questioning next week as part of Dominion Voting's lawsuit

CNBC Media News
Dec 06, 2022

BuzzFeed to cut 12% of its workforce
BuzzFeed on Tuesday announced plans to cut its workforce by nearly 12%, or around 180 staffers.

CNBC Media News
Dec 06, 2022

Paramount shares fall as CEO lowers fourth-quarter ad revenue forecast
Shares of Paramount fell after CEO Robert Bakish warned that fourth-quarter advertising results would be lower than the company's third-quarter figures.

CNBC Media News
Dec 06, 2022

David Zaslav's top priority at Warner Bros. Discovery: Get the cash flowing again
Warner Bros. Discovery CEO David Zaslav is prioritizing cash generation over everything else.

CNBC Media News
Dec 05, 2022

Warner Bros. Discovery closes in on 'Max' as the name of its combined HBO Max-Discovery streaming service
Warner Bros. Discovery plans to merge its HBO Max and Discovery streaming services in the spring and will rename the service.

CNBC Media News
Dec 05, 2022

Warner Bros Discovery closes in on 'Max' as the name of its combined HBO Max-Discovery streaming service
Warner Bros. Discovery plans to merge its HBO Max and Discovery streaming services in spring and will rename the service.

CNBC Media News
Dec 04, 2022

Who will be Disney's next CEO? Here are the top contenders to succeed Bob Iger
There are several internal and external candidates who could take over as Disney CEO after Bob Iger ends his tenure there.

CNBC Media News
Dec 01, 2022

CNN lays off hundreds of staffers after business review - read the memo
CNN laid off hundreds of employees across the company Thursday, the culmination of a six-month business review from new CEO Chris Licht.

CNBC Media News
Dec 01, 2022

Ye's deal to buy conservative social media app Parler is called off
Conservative social media company Parler said Thursday it's deal to be bought by Ye has been terminated.

CNBC Media News
Dec 01, 2022

Fox CEO Lachlan Murdoch to face questioning as part of Dominion Voting's $1.6 billion lawsuit
Fox Corp. CEO Lachlan Murdoch, a son of Rupert Murdoch, will be deposed next week as the Dominion Voting Systems' lawsuit progresses.

CNBC Media News
Nov 30, 2022

Netflix CEO says he was slow to allow advertising because he was focused on Google and Facebook
Netflix founder and co-CEO Reed Hastings said he was slow to come around to advertising on the streaming platform because he was too focused on digital competition from Facebook and Google.

CNBC Media News
Nov 29, 2022

AMC Networks plans significant layoffs as CEO steps down after less than three months
AMC Networks CEO Christina Spade is suddenly exiting the company after less than three months in the role.

CNBC Media News
Nov 29, 2022

AMC Networks CEO Christina Spade stepping down after less than three months
AMC Networks CEO Christina Spade is suddenly exiting the company after three months in the role.

CNBC Media News
Nov 28, 2022

Disney hiring freeze will stay in place, CEO Bob Iger tells employees
Disney CEO Bob Iger said he won't remove the company's hiring freeze and that he will reassess its cost structure.

CNBC Media News
Nov 23, 2022

Disney CEO Bob Iger to hold town hall with employees on Monday
Disney CEO Bob Iger to speak with Disney employees at town hall on Monday, a week after he was rehired.

CNBC Media News
Nov 23, 2022

Potential News Corp, Fox reunion faces opposition from large shareholder
One of the largest shareholders in both News Corp and Fox is opposing a recombination of the companies.

CNBC Media News
Nov 22, 2022

Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets — or find someone who will
Bob Iger may have to make major strategic decisions in his new tenure as Disney CEO that he avoided making in the past.

CNBC Media News
Nov 22, 2022

Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets - or find someone who will
Bob Iger may have to make major strategic decisions in his new tenure as Disney CEO that he avoided making in the past.

CNBC Media News
Nov 22, 2022

Trump Media deal partner says shareholders approve delay of merger with Truth Social parent
Digital World Acquisition Corp. aims to take the parent company of Donald Trump's Truth Social public.

CNBC Media News
Nov 21, 2022

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel
Iger's decision marks the swift undoing of one of Chapek's primary actions during his nearly three-year tenure as Disney CEO.

CNBC Media News
Nov 21, 2022

Paramount scraps deal to sell Simon & Schuster to Penguin weeks after judge rejected merger
Paramount indicated that it would still seek to unload Simon & Schuster, despite the Penguin deal falling apart.

CNBC Media News
Nov 21, 2022

Paramount scraps deal to sell Simon & Schuster to Penguin after weeks after judge rejected merger
Paramount indicated that it would still seek to unload Simon & Schuster, despite the Penguin deal falling apart.

CNBC Media News
Nov 21, 2022

Disney blindsided Chapek with CEO decision after reaching out to Iger on Friday
Disney's board reached out Bob Iger on Friday over concerns about the company's soft earnings report this month.

CNBC Media News
Nov 21, 2022

Disney board's decision to replace Bob Chapek with Bob Iger makes everyone look bad
Disney had just renewed Bob Chapek's contract in June, and Bob Iger had said publicly he wouldn't return.

CNBC Media News
Nov 21, 2022

Disney board reached out to Iger on Friday following concerns over earnings
Disney's board reached out Bob Iger on Friday over concerns about the company's soft earnings report this month.

CNBC Media News
Nov 21, 2022

Disney shares rise after Iger replaces Chapek as CEO
Investors approved of Disney's decision to replace Bob Chapek as CEO with his predecessor, Bob Iger.

CNBC Media News
Nov 21, 2022

Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure
Bob Iger is back as CEO of Disney. Bob Chapek, who replaced Iger in 2020, is out after a brutal earnings report that sowed further doubt about his leadership.

CNBC Media News
Nov 20, 2022

Bob Iger's stunning return as Disney CEO throws all of Bob Chapek's major decisions into question
Iger disapproved of several of Chapek's changes to Disney despite handpicking him as his successor in early 2020.

CNBC Media News
Nov 20, 2022

Bob Iger returns as Disney CEO effective immediately, replacing Bob Chapek after a brief, tumultuous tenure
Bob Iger is back as CEO of Disney. Bob Chapek, who replaced Iger in 2020, is out after a brutal earnings report that sowed further doubt about his leadership.

CNBC Media News
Nov 16, 2022

Trump Media merger partner loses board member days before pivotal shareholder meeting
Justin Shaner, a Florida real estate executive, quit the board of Digital World Acquisition Corp., which plans to merge with Truth Social parent Trump Media.

CNBC Media News
Nov 15, 2022

Paramount Global shares jump after Warren Buffett's Berkshire Hathaway increases stake
Paramount Global's stock got a boost after Berkshire Hathaway upped its stake, a fresh signal that the media company could be an acquisition target.

CNBC Media News
Nov 15, 2022

Ad market worse than during lows of the pandemic, says Warner Bros Discovery CEO David Zaslav
The current advertising market is worse than at any point during the coronavirus pandemic, Warner Bros. Discovery CEO David Zaslav said Tuesday.

CNBC Media News
Nov 12, 2022

Disney plans hiring freeze, layoffs and cost cuts, according to a memo from CEO Bob Chapek
"We are limiting headcount additions through a targeted hiring freeze," Disney CEO Bob Chapek said in a memo obtained by CNBC.

CNBC Media News
Nov 11, 2022

Disney plans targeted hiring freeze and job cuts, according to a memo from CEO Bob Chapek
"We are limiting headcount additions through a targeted hiring freeze," Disney CEO Bob Chapek said in a memo obtained by CNBC.

CNBC Media News
Nov 11, 2022

Disney plans targeted hiring freeze and job cuts, according to memo
Disney plans to slow down hiring across its content and distribution division as the company's stock bounces off a new 52-week low.

CNBC Media News
Nov 09, 2022

Shares of Truth Social merger partner fall after Trump's candidates underwhelm in midterm elections
Shares of Truth Social- SPAC drop after Trump's candidates underwhelm in midterm election

CNBC Media News
Nov 08, 2022

Disney wants you to focus on revenue and profit instead of streaming subscribers — just not this quarter
Disney found itself between two stories — one of subscriber growth and another of emphasizing profit and revenue — as shares slumped.

CNBC Media News
Nov 07, 2022

Shares of Trump-linked SPAC soar 66% as former president hints at 2024 run
Shares of Trump-linked SPAC Digital World gained 66.5% after Trump hinted at a 2024 presidential run.

CNBC Media News
Nov 07, 2022

While building Truth Social, Trump spoke with rivals about competing partnerships
Months after Donald Trump announced his social media platform, Truth Social, he considered jumping ship and backing a competitor.

CNBC Media News
Nov 04, 2022

Shonda Rhimes is among the creators unhappy with Netflix's mid-video ads, sources say
Shonda Rhimes is among a group of creators who have expressed displeasure with Netflix's midroll advertising, sources say.

CNBC Media News
Nov 03, 2022

Warner Bros Discovery reports underwhelming revenue, says new streaming service coming earlier
Warner Bros. Discovery reported third quarter earnings and said its merged HBO Max-Discovery streaming service will come in spring instead of summer.

CNBC Media News
Nov 03, 2022

CNBC cancels 'The News with Shepard Smith' to refocus on business news
CNBC has canceled "The News with Shepard Smith" after two years as CNBC's 7 p.m. ET general news program.

CNBC Media News
Nov 03, 2022

Altice USA stock sinks after tough third quarter earnings
Altice USA's stock sunk more than 20% Thursday after a weak earnings report

CNBC Media News
Nov 03, 2022

Trump Media deal partner DWAC adjourns shareholder meeting for sixth time as it seeks votes to delay merger
DWAC, which aims to take Truth Social parent Trump Media public, adjourned its shareholder meeting until Nov. 22.

CNBC Media News
Nov 02, 2022

LAPD captain warned CBS about Les Moonves sexual assault claim, NY attorney general says
The New York Attorney General's probe into sex assault allegations against Les Moonves found a LAPD captain tipped off CBS executives.

CNBC Media News
Nov 02, 2022

WWE ends investigation into alleged misconduct by Vince McMahon
Vince McMahon retired as WWE's CEO earlier this year after the company revealed he had paid hush payments to accusers.

CNBC Media News
Nov 02, 2022

Trump Media documents suggest Parler, Rumble as possible merger partners
Trump Media named Rumble and Parler as possible merger partners, according to documents obtained from a company whistleblower.

CNBC Media News
Nov 02, 2022

Paramount Global shares sink as results miss and TV revenue falls
Paramount Global missed revenue estimates as revenue declined for its TV networks and advertising.

CNBC Media News
Nov 02, 2022

Paramount Global shares slide as results miss and TV revenue falls
Paramount Global missed revenue estimates as revenue declined for its TV networks and advertising.

CNBC Media News
Nov 01, 2022

Fox earnings lifted by advertising revenue from free streaming service Tubi
Fox said Tuesday its free streaming service Tubi helped boost its advertising revenue.

CNBC Media News
Oct 28, 2022

Truth Social merger partner's shares rise after Trump weighs in on Elon Musk Twitter deal
Shares of DWAC, the shell company that is supposed to take Donald Trump's Truth Social, rose Friday as Elon Musk took control of Twitter

CNBC Media News
Oct 28, 2022

Truth Social merger partner's shares fluctuate after Trump weighs in on Elon Musk Twitter deal
Shares of DWAC, the shell company that is supposed to take Donald Trump's Truth Social, fluctuated Friday as Elon Musk took control of Twitter

CNBC Media News
Oct 28, 2022

Truth Social merger partner's shares slip after Trump weighs in on Elon Musk Twitter deal
Shares of DWAC, the shell company that is supposed to take Donald Trump's Truth Social, slipped Friday as Elon Musk took control of Twitter

CNBC Media News
Oct 27, 2022

New York Post says employee posted racist, violent and sexist headlines targeting politicians
The New York Post said Thursday an employee was responsible for racist and explicit posts targeting politicians, after earlier saying the website had been hacked.

CNBC Media News
Oct 27, 2022

New York Post website hacked, with racist and sexist headlines targeting politicians
The New York Post confirmed Thursday its website was hacked after racist and explicit posts targeted politicians such as New York Mayor Eric Adams.

CNBC Media News
Oct 27, 2022

Comcast tops expectations as it squeezes out a small gain in broadband subscribers
Comcast added 14,000 new broadband customers, a slight rebound from the previous quarter, when it didn't add any broadband subscribers for the first time ever.

CNBC Media News
Oct 26, 2022

CNN chief Chris Licht has big ideas, but employees are nervous, and more job cuts are coming
CNN CEO Chris Licht speaks about his challenge to change the network and restore a brand he says has been tarnished.

CNBC Media News
Oct 24, 2022

Talent agency CAA drops Ye, as film studio MRC ditches documentary because of his antisemitic remarks
Hollywood talent agency CAA dropped Ye, previously known as Kanye West, as a client.

CNBC Media News
Oct 18, 2022

Netflix's message to shareholders: Focus on revenue and profit, not subscriber adds
Netflix will no longer forecast customer additions each quarter.

CNBC Media News
Oct 18, 2022

Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown
Netflix reported third-quarter earnings after the bell. Here are the results.

CNBC Media News
Oct 18, 2022

Semafor debuts in a tough media environment, with an aim toward decluttering the news
Semafor debuted Tuesday showcasing a new take on the old-fashioned news article.

CNBC Media News
Oct 18, 2022

Semafor debuts in a tough media environment, with an aim toward de-cluttering the news
Semafor debuted Tuesday showcasing a new take on the old fashioned news article.

CNBC Media News
Oct 17, 2022

News Corp. stock up, Fox shares down as investors weigh possible merger
Shares of News Corp. rose and shares of Fox Corp. fell after the companies said they were exploring whether to merge again.

CNBC Media News
Oct 17, 2022

WWE stock hits 52-week high, defying market trends, in aftermath of McMahon scandal
Shares of WWE, the company behind Smackdown and WrestleMania, haven't traded at these levels since summer 2019.

CNBC Media News
Oct 17, 2022

Kanye West, who now goes by Ye, agrees to buy conservative social media platform Parler, company says
Kanye West, who now goes by Ye, agreed to buy Parler, a conservative social media app after other platforms suspended him over antisemitic posts.

CNBC Media News
Oct 17, 2022

Kanye West agrees to buy conservative social media platform Parler, company says
Kanye West, who now goes by Ye, agreed to buy Parler, a conservative social media app after other platforms suspended him over antisemitic posts.

CNBC Media News
Oct 15, 2022

Trump Media fired executive whistleblower after he spoke to Washington Post, shared documents
Donald Trump's media company fired an executive after he shared internal documents from an SEC whistleblower complaint with The Washington Post.

CNBC Media News
Oct 14, 2022

Rupert Murdoch explores reuniting Fox and News Corp.
Rupert Murdoch is considering reuniting Fox News' parent with The Wall Street Journal's owner.

CNBC Media News
Oct 14, 2022

Rupert Murdoch explores reuniting Fox and News Corp
Rupert Murdoch is considering reuniting Fox News' parent with The Wall Street Journal's owner.

CNBC Media News
Oct 14, 2022

Rupert Murdoch explores putting Fox and News Corp back together, report says
Rupert Murdoch is considering reuniting Fox News' parent with The Wall Street Journal's owner, a report says.

CNBC Media News
Oct 14, 2022

NFL Sunday Ticket still up for grabs as Apple pushes for flexibility with game rights
Apple's negotiations for Sunday Ticket have gotten complicated because of existing restrictions around the package, sources say.

CNBC Media News
Oct 13, 2022

Netflix will charge $6.99 a month for new ad-supported plan starting Nov. 3 in U.S.
Netflix is debuting its advertising-supported subscription plan on Nov. 3 in the U.S. at $6.99 per month.

CNBC Media News
Oct 13, 2022

Netflix to get Nielsen ratings as streaming giant rolls out ad-supported plan
Netflix shows on its ad-supported tier will be rated by Nielsen starting sometime next year.

CNBC Media News
Oct 13, 2022

Digital World Acquisition Corp shares jump after Google Play Store approves Trump's Truth Social
Shares of the SPAC set to take Trump Media public spiked after Google added former President Donald Trump's Truth Social app to its Play Store.

CNBC Media News
Oct 12, 2022

Trump SPAC stock jumps after Google adds Truth Social to Play Store
Google added Donald Trump's Truth Social app to its Play Store, after previously saying it didn't meet content moderation standards.

CNBC Media News
Oct 11, 2022

I wrote a book while working full time—5 habits that make me 'super productive'
'When Women Lead' author and CNBC senior media & tech reporter Julia Boorstin shares how 5 habits made her productive while writing and working full time.

CNBC Media News
Oct 10, 2022

Vote to delay Trump Media merger with Digital World Acquisition Corp postponed for another three weeks
Digital World, the SPAC set to take Trump Media public, has previously warned that a failure to extend the deadline could force it to liquidate.

CNBC Media News
Oct 10, 2022

I talked to over 100 women leaders—the top 3 things I learned about what makes them successful
'When Women Lead' author Julia Boorstin shares the three biggest leadership lessons she learned from interviewing 100 women in business.

CNBC Media News
Oct 10, 2022

Digital World Acquisition Corp prepares merger-delay vote as Trump Media exec warns company will fail
Digital World, the SPAC set to take Trump Media public, has previously warned that a failure to extend the deadline could force it to liquidate.

CNBC Media News
Oct 10, 2022

Trump-linked Digital World Acquisition Corp prepares for another vote to extend merger deadline
Digital World, the SPAC set to take Trump Media public, has previously warned that a failure to extend the deadline could force it to liquidate.

CNBC Media News
Oct 06, 2022

Showtime chief's departure signals Paramount is moving forward on its plan to merge streaming services
Paramount Global is considering ways to merge Showtime into Paramount as David Nevins departs the premium network, sources say.

CNBC Media News
Oct 04, 2022

Trump SPAC shares slide after Elon Musk revives deal to buy Twitter
Shares of the SPAC set to take Trump Media public slid after Elon Musk revived deal to buy Twitter.

CNBC Media News
Oct 04, 2022

Streaming bundles are forming, but don't expect a cable TV-like package any time soon
It's easy to say streaming will morph into cable-like bundles, but business realities are working against the concept.

CNBC Media News
Oct 04, 2022

NBCUniversal CEO Jeff Shell says movie business benefiting from new release model
NBCUniversal CEO Jeff Shell said Tuesday the movie business is performing well after changes that started during the pandemic.

CNBC Media News
Oct 03, 2022

Will Smith's first project since Oscars fiasco gets December release date
"Emancipation" is Smith's first project since the Oscars, where he made headlines for slapping host Chris Rock on stage.

CNBC Media News
Oct 03, 2022

Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on her Instagram
Reality TV star Kim Kardashian agreed to cooperate with an ongoing investigation by the SEC as she settled charges she unlawfully touted a crypto asset.

CNBC Media News
Sep 30, 2022

Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
The deal comes weeks after Third Point took a new stake in Disney valued at about $1 billion and urged the media company to spin out ESPN.

CNBC Media News
Sep 30, 2022

Digital World CEO urges Donald Trump to push shareholders to vote on merger delay
Patrick Orlando, CEO of Digital World Acquisition Corp. urged Donald Trump and Truth Social boss Devin Nunes to publicize the shareholder vote on the merger.

CNBC Media News
Sep 28, 2022

Lionsgate leaning toward spinning off its studio business instead of Starz
Lionsgate hasn't given up on also selling a minority stake in Starz, but there's more investor interest in the studio business.

CNBC Media News
Sep 26, 2022

Netflix says it's opening a video game studio in Finland as streamer tries to boost audience numbers
Netflix announced it will be opening an internal game studio in Finland as the streaming giant tries to boost its gaming audience.

CNBC Media News
Sep 26, 2022

Trump-linked SPAC changes address to UPS Store as investors pull more than $130 million
Digital World Acquisition Corp., the SPAC looking to take Trump Media and Technology Group public, has changed its address to a UPS Store in Miami.

CNBC Media News
Sep 26, 2022

Trump-linked SPAC changes address to UPS Store as investors pull over $130 million
Digital World Acquisition Corp., the SPAC looking to take Trump Media and Technology Group public, has changed its address to a UPS Store in Miami.

CNBC Media News
Sep 25, 2022

How Bryan Lourd became one of the most powerful people in the history of Hollywood
Bryan Lourd has transcended the role of superagent to become a consigliere to media executives and possibly the most powerful person in Hollywood.

CNBC Media News
Sep 23, 2022

Trump-linked Digital World Acquisition Corp shares are now around $16 after hitting $97 earlier this year
Shares of Digital World Acquisition Corp. fell this week as the Trump Media merger partner missed a key deadline to hold on to about $1 billion in financing.

CNBC Media News
Sep 22, 2022

Amazon averaged 13 million viewers for its 'Thursday Night Football' debut, according to Nielsen data
Amazon, citing Nielsen data, averaged 13 million viewers in its first stream of "Thursday Night Football."

CNBC Media News
Sep 22, 2022

Amazon averaged 13 million viewers for its first 'Thursday Night Football,' Nielsen data shows
Amazon averaged 13 million viewers in its first stream of "Thursday Night Football," according to Nielsen data the company released.

CNBC Media News
Sep 21, 2022

Tom Rutledge, who turned Charter into a cable powerhouse, to step down as CEO
Charter CEO Tom Rutledge will step down on Dec. 1 after a decade leading the company. He will remain executive chairman until November 2023.

CNBC Media News
Sep 20, 2022

Trump-linked SPAC faces new pressure from investors as merger hangs in the balance
Investors in the Trump-linked SPAC Digital World are seeking protections against risk as the company faces another fate-deciding vote.

CNBC Media News
Sep 20, 2022

Two veteran sports execs launch firm aiming to invest up to $50M in early-stage companies
David Abrams and Arne Rees have started Velocity Capital Management, an investment firm that will seek opportunities in sports and media companies.

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