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CNBC Media News
Nov 20, 2024

Comcast's cable network spinoff may be a signal to the media industry for necessary change
Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.

CNBC Media News
Nov 20, 2024

Comcast to spin off cable networks as subscribers flee the bundle
Comcast on Wednesday announced the spinoff of its cable networks, including CNBC, MSNBC and E!.

CNBC Media News
Nov 19, 2024

Comcast will announce the spinoff of cable networks Wednesday, sources say
Comcast is planning to announce the spinoff of its cable networks, including CNBC, MSNBC and E!, on Wednesday, according to a source familiar with the matter.

CNBC Media News
Nov 19, 2024

Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
Comcast is planning to announce the spinoff of its cable networks, including CNBC, MSNBC and E!, on Wednesday, according to a source familiar with the matter.

CNBC Media News
Nov 18, 2024

NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
The NBA and Warner Bros. Discovery have agreed to end all legal disputes, allowing the league to move forward with new media partners Comcast, Disney and Amazon.

CNBC Media News
Nov 18, 2024

1 in 5 Americans get their news from social media influencers
While previous research found more women consume news on sites like Facebook, Instagram and TikTok, Pew found close to two-thirds of news influencers are men.

CNBC Media News
Nov 14, 2024

Disney earnings offer hope that streaming can successfully supplant linear TV
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024.

CNBC Media News
Nov 14, 2024

Disney doesn't plan to change its TV networks portfolio anytime soon
Disney doesn't foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.

CNBC Media News
Nov 14, 2024

Disney stock surges on streaming growth, guidance
Revenue for Disney's entertainment segment - which includes the traditional TV networks,  direct-to-consumer streaming and films - increased 14% year over year.

CNBC Media News
Nov 14, 2024

Disney narrowly beats estimates as streaming boosts entertainment segment
Revenue for Disney's entertainment segment - which includes the traditional TV networks,  direct-to-consumer streaming and films - increased 14% year over year.

CNBC Media News
Nov 14, 2024

Here's what to expect when Disney reports before the bell
Disney reports its fiscal fourth quarter earnings before the bell — here's what to expect.

CNBC Media News
Nov 13, 2024

Disney and James Gorman hope to foolproof the process to find Bob Iger's successor
Gorman, Morgan Stanley's former CEO, is known for having run a smooth succession process to replace himself at the bank.

CNBC Media News
Nov 13, 2024

Amazon Prime Video to stream Diamond regional sports networks
The newly-rebranded FanDuel Sports Networks will be available as an add-on subscription for Prime customers living within the team's designated geographic area.

CNBC Media News
Nov 13, 2024

Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
Chairman John Malone will become interim CEO of Liberty Media. Liberty Media's investor day is set to take place on Thursday in Manhattan.

CNBC Media News
Nov 12, 2024

DirecTV says Dish purchase is off
DirecTV's proposed acquisition of Dish assets is most likely dead after a group of bondholders rejected a revised offer.

CNBC Media News
Nov 12, 2024

Netflix ad-supported tier has 70 million monthly users two years after launch
Netflix's ad-supported tier, which launched in November 2022, has reached 70 million global monthly users.

CNBC Media News
Nov 11, 2024

Deadline extended: Nominate a leader for CNBC's second annual Changemakers list of women transforming business
CNBC's annual Changemakers list highlights women leaders who have defied the odds, overcome gender barriers, and identified new business opportunities.

CNBC Media News
Nov 07, 2024

Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump
Warner Bros. Discovery said its streaming platform Max added 7.2 million subscribers during the third quarter.

CNBC Media News
Nov 01, 2024

Marc Benioff is in talks to sell media company Time to Antenna Group
Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.

CNBC Media News
Nov 01, 2024

Marc Benioff is in talks to sell Time to Antenna Group
Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.

CNBC Media News
Oct 31, 2024

Comcast's potential cable networks separation will test the appetite for media reconfiguration
If Comcast moves forward with its idea to spin off NBCUniversal's cable networks, it could begin a rollup throughout the media industry.

CNBC Media News
Oct 31, 2024

Comcast is exploring separation of cable networks business
NBCUniversal's cable networks portfolio includes Bravo, E!, Syfy, Oxygen True Crime, USA Network, as well as news networks MSNBC and CNBC.

CNBC Media News
Oct 31, 2024

Comcast tops earnings estimates as Olympics propel the company
Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count.

CNBC Media News
Oct 31, 2024

Comcast tops earnings estimates as Olympics propels the company
Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count.

CNBC Media News
Oct 24, 2024

Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

CNBC Media News
Oct 21, 2024

Disney will name Bob Iger's replacement in early 2026; James Gorman to become board chair next year
Former Morgan Stanley CEO James Gorman will replace Nike Executive Chairman Mark Parker as chairman in January.

CNBC Media News
Oct 17, 2024

Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.

CNBC Media News
Oct 17, 2024

Netflix earnings are after the bell. Here's what to expect
Netflix is due to report third-quarter earnings after the closing bell Thursday.

CNBC Media News
Oct 11, 2024

Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn't at NBC
Clues about what may be in store for Paramount Global can be seen in how Jeff Shell ran NBCUniversal — including some ideas that never got off the ground.

CNBC Media News
Oct 08, 2024

Hurricane Milton could reduce Disney earnings, Goldman says
Park closures and disruptions due to Hurricane Milton could cut into Walt Disney's earnings, according to Goldman Sachs analysts.

CNBC Media News
Oct 03, 2024

QVC to add USA Pickleball to its home shopping experience
QVC is becoming the exclusive broadcaster of USA Pickleball as the home shopping network owner looks to bulk up its streaming platform.

CNBC Media News
Oct 02, 2024

Diamond Sports looks to drop 11 MLB teams from Bally Sports regional networks
Diamond Sports told a bankruptcy judge it currently plans to drop all MLB teams from its Bally Sports networks with the exception of the Atlanta Braves.

CNBC Media News
Sep 30, 2024

EchoStar to sell Dish to DirecTV, combining major pay-TV providers
EchoStar CEO Hamid Akhavan appeared on CNBC's "Squawk on the Street" on Monday after the company sold its video distribution business to DirecTV.

CNBC Media News
Sep 30, 2024

EchoStar's Dish sale marks disappointing end to Charlie Ergen's 'Seinfeld' strategy
EchoStar's sale of Dish to DirecTV for $1 in equity unceremoniously ends Charlie Ergen's 'Seinfeld' strategy

CNBC Media News
Sep 30, 2024

2025 Changemakers: Submit a nomination for CNBC's annual list of women leading in business
CNBC's annual Changemakers list highlights women leaders who have defied the odds, overcome gender barriers, and identified new business opportunities.

CNBC Media News
Sep 27, 2024

EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming, sources say
While EchoStar and DirecTV hope to complete a deal by Monday, no deal is assured, and the talks may still fall apart.

CNBC Media News
Sep 26, 2024

Hoda Kotb announces she is leaving NBC's 'TODAY' show
Veteran journalist and "TODAY" fourth-hour host Hoda Kotb announced she will be leaving the show early next year.

CNBC Media News
Sep 24, 2024

Warner Bros. Discovery partners with Google for AI-generated captions on Max streaming service
Warner Bros. Discovery and Google are partnering to use AI to make captions more accurate on Max.

CNBC Media News
Sep 24, 2024

Warner Bros. Discovery partners with Google for AI-generated captions on 'Max' streaming service
Warner Bros. Discovery and Google are partnering to use AI to make captions more accurate on Max.

CNBC Media News
Sep 17, 2024

Sheryl Sandberg discusses women's advancement at work: Progress is 'pretty fragile'
"People have added women to senior leadership in staff roles," says LeanIn founder and board chair Sheryl Sandberg, but pipeline problems and other issues remain.

CNBC Media News
Sep 16, 2024

Charter rolls out new Spectrum pricing and internet speeds, aims to 'be a better service operator'
Charter Communications is rolling out new pricing and commitments of reliability as it contends with industry shifts in broadband, TV and mobile businesses.

CNBC Media News
Sep 14, 2024

DirecTV, Disney reach deal to end blackout in time for college football
Disney and DirecTV have reached a deal to end a blackout in time for college football this weekend.

CNBC Media News
Sep 14, 2024

DirecTV, Disney near deal to end blackout, sources say
Disney and DirecTV are nearing a deal to end their blackout, according to people familiar with the matter.

CNBC Media News
Sep 11, 2024

How retailers and media companies are teaming up to bring live shopping to the 2024 VMAs
Viewers of the 2024 MTV VMAs will be able to shop the red carpet looks they're seeing in real time with new AI technology from Paramount Global and Shopsense.

CNBC Media News
Sep 10, 2024

DirecTV customers miss 'Monday Night Football' NFL game as carriage fight with Disney continues
DirecTV's pay TV customers lost access to Disney's networks, including ESPN, last week.

CNBC Media News
Sep 09, 2024

DirecTV customers will likely miss 'Monday Night Football' NFL game as carriage fight with Disney continues
DirecTV's pay TV customers lost access to Disney's networks, including ESPN, last week.

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.

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