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CNBC Media News
Sep 06, 2024

Starboard moves to collapse News Corp's dual class stock in challenge to Rupert Murdoch
The trio behind "Insane Magic" pulled a trick that left BBC reporter lost for words.

CNBC Media News
Sep 05, 2024

NFL team sales are likely to stall as valuations soar
The Seattle Seahawks will likely sell in the coming years, but rising valuations and modernized estate planning may slow down other full NFL team sales.

CNBC Media News
Sep 01, 2024

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off
NBCUniversal's bet on the Olympics paid off in Paris this summer, for the company as a whole, but also its streaming platform Peacock.

CNBC Media News
Aug 27, 2024

NFL wants a cut of private equity investment profits
NFL owners are planning to vote on a proposal Tuesday that would allow private equity firms to take a maximum 10% stake in teams.

CNBC Media News
Aug 27, 2024

Edgar Bronfman Jr. dropped Paramount bid after running out of time to secure financing
With Bronfman out of the picture, the path is cleared for Skydance to merge with Paramount.

CNBC Media News
Aug 23, 2024

Bronfman's Paramount bid could keep Shari Redstone involved at the company
Edgar Bronfman Jr. is open to having Shari Redstone remain involved at Paramount if the special committee accepts his consortium's bid for a controlling stake.

CNBC Media News
Aug 21, 2024

Paramount special committee extends Skydance 'go shop' period as it reviews Bronfman offer
Paramount agreed to merge with Skydance last month, but the company said it would have a 45-day "go shop" period to solicit other offers.

CNBC Media News
Aug 16, 2024

Judge temporarily blocks sports streaming service Venu, siding with Fubo on antitrust concerns
A judge temporarily halted sports streaming service Venu, a joint venture between Disney, Warner Bros. Discovery and Fox, from launching.

CNBC Media News
Aug 16, 2024

Frequent media bidder Byron Allen draws ire with late payments to ABC, CBS and NBC
Allen's late payments of tens of millions of dollars stand in stark contrast to his proposed multibillion-dollar bids for media assets.

CNBC Media News
Aug 16, 2024

Streaming is getting more expensive for consumers. Here's why
Legacy media companies employ cheaper, ad-supported models, bundles and more, though price hikes have shown more immediate results toward profitability.

CNBC Media News
Aug 15, 2024

NBCUniversal is pinning Peacock's streaming success on its $2.45 billion per year NBA deal
NBC Sports is banking on the long-term success of Peacock and sports as the linchpin to making its $2.45 billion bid for the NBA profitable.

CNBC Media News
Aug 12, 2024

DirecTV is pushing its pay TV bundle — without a satellite dish
DirecTV's latest ad campaign emphasizes the company's streaming options as consumers shift away from satellite dishes -- and the traditional pay TV bundle.

CNBC Media News
Aug 08, 2024

Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
Paramount Global plans to cut 15% of its U.S. workforce as part of a broader $500 million cost reduction.

CNBC Media News
Aug 08, 2024

Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders
Warner Bros. Discovery could become a target for an activist shareholder if Zaslav doesn't start to deliver wins for shareholders.

CNBC Media News
Aug 07, 2024

Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
Warner Bros. Discovery reports earnings after the bell.

CNBC Media News
Aug 07, 2024

In a reversal, Disney's media assets are starting to generate more excitement than its parks
For the first time in more than two years, Disney's media assets are outshining the parks division

CNBC Media News
Aug 07, 2024

Disney beats estimates as combined streaming services turn a profit
Disney beat estimates as its combined streaming businesses — Disney , Hulu and ESPN — turned a profit for the first time.

CNBC Media News
Aug 07, 2024

Disney reports earnings before the bell. Here's what to know
Disney reports its third-quarter earnings before the bell on Wednesday and analysts are expecting

CNBC Media News
Aug 06, 2024

Disney raises streaming prices for Hulu, Disney and ESPN
Starting mid-October, most plans for Disney , Hulu and ESPN will cost $1 to $2 more per month.

CNBC Media News
Aug 06, 2024

Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA
Charles Barkley reaffirmed his long-term commitment to TNT Sports for "many years to come."

CNBC Media News
Aug 03, 2024

Summer Olympics viewership is up — and Snoop Dogg is part of the buzz
Viewership for the Summer Olympics in Paris is up on NBC and Peacock, and for many, Snoop Dogg's role on the sidelines has been a draw.

CNBC Media News
Aug 01, 2024

Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
Venu Sports needs a user who's willing to pay a hefty monthly subscription, for a narrow segment of media. It's not clear that user base would materialize.

CNBC Media News
Aug 01, 2024

Sports streaming venture Venu priced at $42.99 a month
Venu Sports, the streaming sports joint venture created by Disney's ESPN, Fox and Warner Bros. Discovery, will cost $42.99 a month. It will launch this fall.

CNBC Media News
Jul 29, 2024

Diamond Sports, Comcast reach a deal to return Bally regional sports to cable customers
The owner behind the Bally Sports regional networks reached a deal to see its channels return to Comcast cable TV customers.

CNBC Media News
Jul 26, 2024

WNBA hopes to cash in on rising popularity with media rights reevaluation after 2028 season
The WNBA and its media partners have agreed to reevaluate the cost of rights after the 2028 season given the league's rising popularity.

CNBC Media News
Jul 26, 2024

Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners.

CNBC Media News
Jul 26, 2024

Warner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite
In the last five years, every large media merger has led to tens of billions in lost value for shareholders.

CNBC Media News
Jul 26, 2024

Paris Olympics is the latest test of whether sports can win subscribers for NBC's Peacock
NBCUniversal is betting the Paris Olympics will drive viewership across its TV platforms and drive more subscribers to its streaming service, Peacock.

CNBC Media News
Jul 24, 2024

NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal
NBA informs Warner Bros. Discovery it intends to ignore its matching rights and move forward with Amazon as a partner

CNBC Media News
Jul 23, 2024

Comcast posts mixed results, weighed down by film studio, theme parks
Comcast reported second-quarter earnings that beat on earnings but missed on revenue due to tough comparisons for its film studio and theme parks.

CNBC Media News
Jul 22, 2024

Warner Bros. Discovery tells NBA it intends to match Amazon's media rights package
Warner Bros. Discovery intends to use its matching rights on a package of NBA games earmarked for Amazon.

CNBC Media News
Jul 18, 2024

With corners of the media industry in upheaval, Netflix makes clear it's staying out of the fray
Netflix's second quarter earnings provided more evidence that its current business is working, and there's no need for change.

CNBC Media News
Jul 18, 2024

Netflix beats estimates as ad-supported memberships rise 34%
Advertising has become an increasingly important business model for media companies to boost — or in some cases, achieve — profitability for streaming.

CNBC Media News
Jul 18, 2024

NBA sends media terms to Warner Bros. Discovery, officially starting five-day match period
Warner Bros. Discovery has received the terms of the NBA's new media rights framework, allowing the company to use its matching rights on a package of games.

CNBC Media News
Jul 18, 2024

Netflix reports earnings after the bell. Here's what to expect
Streaming giant Netflix reports earnings after the bell, and Wall Street is keen to hear more about its ad-supported tier.

CNBC Media News
Jul 12, 2024

Alec Baldwin 'Rust' manslaughter case dismissed by judge
Alec Baldwin cannot be retried over the shooting death of "Rust" cinematographer Halyna Hutchins because ammunition evidence being hidden from his lawyers.

CNBC Media News
Jul 08, 2024

Media, tech titans head for Sun Valley with streaming alliances top of mind
Media and tech titans will convene at Allen & Co.'s annual conference this week, where streaming and sports alliances will be top of mind.

CNBC Media News
Jul 08, 2024

Paramount agrees to merge with Skydance, ending monthslong negotiations and Redstone era
Paramount agrees to merge with Skydance, bringing new ownership to the storied movie studio and CBS broadcast network long controlled by the Redstone family.

CNBC Media News
Jul 08, 2024

Paramount agrees to merge with Skydance
Paramount will merge with Skydance, bringing new ownership to the storied movie studio and CBS broadcast network long been controlled by the Redstone family.

CNBC Media News
Jul 02, 2024

Media mogul Barry Diller weighs a bid to gain control of Paramount
Barry Diller's IAC is weighing an offer for Shari Redstone's National Amusements Inc., which would give the media mogul control of Paramount.

CNBC Media News
Jul 02, 2024

NFL 'Sunday Ticket' streaming is coming to bars and restaurants this season
The NFL's 'Sunday Ticket' has been offered in bars and restaurants since the inception of the package of games. Now it'll also be offered via streaming.

CNBC Media News
Jul 02, 2024

NFL, RedBird joint venture EverPass lines up 'Sunday Ticket' streaming in bars, restaurants
The NFL's 'Sunday Ticket' has been offered in bars and restaurants since the inception of the package of games. Now it'll also be offered via streaming.

CNBC Media News
Jul 01, 2024

Paramount is hunting for a streaming partner, could kick off a wave of deals
Warner Bros. Discovery has interest in merging Max and Paramount , as Paramount looks to strike a deal for its money-losing streaming service.

CNBC Media News
Jun 26, 2024

YouTube dominates streaming, forcing media companies to decide whether it's friend or foe
YouTube is gaining share of viewership on TVs, and legacy media doesn't have a uniform strategy to deal with the threat.

CNBC Media News
Jun 24, 2024

Paramount to increase prices for its streaming plans
Paramount Global's streaming service Paramount will raise prices for its plans after its latest merger plan with Skydance fell through.

CNBC Media News
Jun 19, 2024

Advertising is now a 'meritocracy' in the wake of social media, Resy co-founder Gary Vaynerchuk says
"For the first time in the history of marketing, you can post something, not have any money paid to amplify it, and have millions of people see it."

CNBC Media News
Jun 13, 2024

Netflix hunts for a production partner for its Christmas NFL games
Netflix will stream NFL games on Christmas Day over the next three years. Now the streaming giant needs a production partner.

CNBC Media News
Jun 12, 2024

Here's what's next for Paramount after Skydance deal is stopped in its tracks
Shari Redstone's National Amusements stopped deal talks between Paramount Global and Skydance. What's next for the media giant with three leaders at the helm?

CNBC Media News
Jun 11, 2024

National Amusements stops discussions with Skydance on Paramount deal, sources say
Share Redstone's National Amusements has stopped talks with Skydance on proposed merger deal with Paramount Global, CNBC reported Tuesday.

CNBC Media News
Jun 04, 2024

NBA, NHL voice concerns over future of Diamond Sports, as it tries to craft post-bankruptcy plan
The NBA and NHL voiced concerns over the future of regional sports network owner Diamond Sports, which has been under bankruptcy protection since March 2023.

CNBC Media News
Jun 04, 2024

Paramount leadership team outlines job cuts, streaming JV plans at annual meeting
Paramount and Skydance have agreed to terms of a merger, but the deal is awaiting signoff from controlling shareholder Shari Redstone.

CNBC Media News
Jun 03, 2024

Paramount and Skydance agree to terms of a merger deal
The agreement terms come after weeks of discussion and after a recent competing offer from Apollo Global Management and Sony Pictures.

CNBC Media News
May 29, 2024

Nelson Peltz sells entire Disney stake weeks after losing proxy battle
In early April, Trian's Peltz lost a proxy battle at Disney as shareholders reelected the company's full slate of board nominees.

CNBC Media News
May 23, 2024

Warner Bros. Discovery's NBA rights offer could put it in competition with Amazon, not NBC
Warner Bros. Discovery may be more interested in going after an NBA package earmarked for Amazon than on games slated for NBCUniversal, sources say.

CNBC Media News
May 22, 2024

Vivek Ramaswamy's stake in BuzzFeed sends shares up 20%, as he seeks strategic 'shift'
Former GOP presidential hopeful Vivek Ramaswamy had a successful career as an entrepreneur and is devoting some of his wealth to the struggling media outlet.

CNBC Media News
May 22, 2024

Vivek Ramaswamy Buzzfeed stake sends shares up 20%, seeking strategic 'shift'
Former GOP presidential hopeful Vivek Ramaswamy had a successful career as an entrepreneur and is devoting some of his wealth to the struggling media outlet.

CNBC Media News
May 22, 2024

Vivek Ramaswamy goes activist with Buzzfeed stake, seeks strategic 'shift'
Former GOP presidential hopeful Vivek Ramaswamy had a successful career as an entrepreneur and is devoting some of his wealth to the struggling media outlet.

CNBC Media News
May 18, 2024

Media giants lean on sports as Hollywood strikes still loom over content slates
Media companies charming advertisers during the Upfront meetings let sports take center stage as content slates still suffer from last year's Hollywood strikes.

CNBC Media News
May 16, 2024

The NBA is picking its TV partners — and a deal hinges on Warner Bros. Discovery's next move
Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said.

CNBC Media News
May 16, 2024

The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery's next move
Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said.

CNBC Media News
May 15, 2024

Netflix to stream Christmas Day NFL games for three years
Netflix is taking its most significant live step yet into live sports with a deal to stream NFL games on Christmas Day.

CNBC Media News
May 14, 2024

Comcast offers subscribers Peacock, Netflix and Apple TV bundle
The announcement comes as major media players, like Disney and Warner Bros. Discovery, increasingly join forces to boost subscriptions for streaming services.

CNBC Media News
May 14, 2024

Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row
OpenAI repeats as the No. 1 company on the 2024 CNBC Disruptor 50 list as AI redefines the way VCs, startups and market giants invest, interact and compete.

CNBC Media News
May 13, 2024

Media companies look to woo advertisers as spending shifts to digital
Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.

CNBC Media News
May 09, 2024

Sinclair explores selling roughly 30% of its broadcast stations, sources say
Sinclair is looking to sell a chunk of its 185 broadcast stations, according to people familiar with the matter.

CNBC Media News
May 09, 2024

Warner Bros. Discovery misses first-quarter estimates despite streaming growth
Warner Bros. Discovery reported first-quarter earnings before the bell on Thursday.

CNBC Media News
May 08, 2024

Disney, Warner Bros. Discovery to bundle streaming services
Disney and Warner Bros. Discovery plan to bundle their streaming services, Disney , Hulu and Max.

CNBC Media News
May 07, 2024

The streaming future Disney promised is finally here as cable TV decays
Disney's second-quarter results showed an improving streaming business and a rapidly declining linear TV unit

CNBC Media News
May 03, 2024

Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
Skydance is likely to walk away from its Paramount offer unless controlling shareholder Shari Redstone reaffirms her commitment following the Apollo-Sony bid.

CNBC Media News
May 02, 2024

Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid
Sony and Apollo expressed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

CNBC Media News
May 01, 2024

Bally Sports regional networks go dark for Comcast cable customers
Carriage negotiations between Comcast and Diamond Sports broke down, leaving cable customers without access to Bally Sports regional networks during MLB season.

CNBC Media News
Apr 30, 2024

NBC Sports could buy back rights to iconic theme song 'Roundball Rock' if it airs NBA games again, composer John Tesh says
NBC Sports can license the rights to John Tesh's famous "Roundball Rock" theme song if it secures a new NBA media package, Tesh said in an e-mail.

CNBC Media News
Apr 29, 2024

Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
Paramount Global CEO Bob Bakish is out, the company announced Monday, as merger negotiations with Skydance Media continue.

CNBC Media News
Apr 29, 2024

Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote
Paramount Global is set to remove Bob Bakish as CEO on Monday; Skydance makes its best and final offer.

CNBC Media News
Apr 29, 2024

Peacock streaming subscription prices to increase by $2 ahead of the Summer Olympics
Comcast's streaming service Peacock will see a price increase of $2 this summer.

CNBC Media News
Apr 29, 2024

Pittsburgh Pirates, Penguins launch streaming service for local games
The regional sports network that airs Pirates and Penguins game is launching a streaming service priced at $17.99 a month.

CNBC Media News
Apr 29, 2024

Shari Redstone is playing M&A war games with removal of Paramount CEO Bob Bakish
Paramount Global is set to remove Bob Bakish as CEO on Monday, putting shareholders to the test on how they want to see the company proceed.

CNBC Media News
Apr 27, 2024

Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
Paramount Global reports its quarterly earnings Monday.

CNBC Media News
Apr 25, 2024

Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.

CNBC Media News
Apr 25, 2024

Paramount and Skydance inch closer to a merger as key hurdle looms
Paramount Global and Skydance are getting closer to final terms on a merger agreement, but a renewal with Charter remains an obstacle.

CNBC Media News
Apr 25, 2024

Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast will report first-quarter earnings before the bell. Wall Street will be paying attention to broadband and Peacock subscriber numbers.

CNBC Media News
Apr 23, 2024

E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV
E.W. Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.

CNBC Media News
Apr 22, 2024

Disney technology executive Aaron LaBerge to leave company for personal reasons
Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway.

CNBC Media News
Apr 18, 2024

Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025
Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password-sharing crackdown may be ending.

CNBC Media News
Apr 18, 2024

NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to sources.

CNBC Media News
Apr 17, 2024

Vince McMahon is taking vacations and in touch with Trump as WWE tries to move on from scandal-plagued ex-CEO
McMahon resigned as executive chairman of the WWE earlier this year after a former employee, Janel Grant, accused him of sexual abuse and trafficking.

CNBC Media News
Apr 17, 2024

Comcast launches prepaid and month-to-month internet and phone plans
Comcast announced Wednesday it is launching NOW, a new prepaid and month-to-month streaming and phone plan aimed at lower-income customers.

CNBC Media News
Apr 05, 2024

Skydance's unique offer for Paramount Global would give it a large stake while keeping the company public
The unusual transaction Skydance is offering Paramount Global isn't ideal for shareholders, but it may be better than nothing.

CNBC Media News
Apr 04, 2024

Disney beat back activist investor Nelson Peltz. Now the real work begins
Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners' Nelson Peltz.

CNBC Media News
Apr 03, 2024

Disney wins proxy fight against activist investor Nelson Peltz, as shareholders reelect full board
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders rejected the effort.

CNBC Media News
Apr 03, 2024

Disney wins proxy fight with Nelson Peltz's Trian Partners, as shareholders reelect full board
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders rejected the effort.

CNBC Media News
Apr 03, 2024

Disney shareholders to decide Nelson Peltz's board fate at annual meeting
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders will vote yes or no at Wednesday's board meeting.

CNBC Media News
Apr 02, 2024

Disney's largest shareholder Vanguard reportedly backing management over Peltz in board fight
Vanguard has voted for Disney management ahead of Wednesday's shareholder meeting, Bloomberg News reported citing people familiar.

CNBC Media News
Apr 02, 2024

Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share
Private equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings for $27.50 a share.

CNBC Media News
Apr 02, 2024

Disney versus Nelson Peltz vote hinges on Vanguard, State Street, institutional investors
The Disney proxy fight pits Trian Partners' Nelson Peltz against the board and CEO Bob Iger.

CNBC Media News
Apr 02, 2024

Disney board seat for Nelson Peltz hinges on Vanguard, State Street, institutional investors
The Disney proxy fight pits Trian Partners' Nelson Peltz against the board and CEO Bob Iger.

CNBC Media News
Apr 01, 2024

Two Warner Bros. Discovery directors resign after antitrust probe
Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board of directors, effective immediately.

CNBC Media News
Apr 01, 2024

How Dana Walden could defy critics and become Disney's first female CEO
Walden has proven herself as a top TV executive, but some ex-Disney executives question whether her resume is suitable for the Disney CEO job.

CNBC Media News
Mar 21, 2024

ESPN's model is eroding. Past and present execs are split on how it can protect its dominance
CNBC spoke with ESPN chief Jimmy Pitaro, former Disney CEO Bob Chapek, and former ESPN President John Skipper as part of a digital documentary on ESPN's future.

CNBC Media News
Mar 21, 2024

ESPN's model is eroding. Insiders are split on the plan to return it to dominance
CNBC spoke with ESPN chief Jimmy Pitaro, former Disney CEO Bob Chapek, and former ESPN President John Skipper as part of a digital documentary on ESPN's future.

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