2h ago
Brand New Day' Spins Up Massive Numbers for Sony's September Quarter Earnings
"Spider-Man: Brand New Day" delivered a major boost to Sony's September quarterly earnings.
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DOGE+2.36%
HYPE-3.89%BTC+2.35%ETH+4.00%SOL+3.90%USDC-0.04%XRP+2.99%SUI+1.98%DOGE+2.36%HYPE-3.89%BTC+2.35%ETH+4.00%SOL+3.90%USDC-0.04%XRP+2.99%SUI+1.98%DOGE+2.36%HYPE-3.89%BTC+2.35%ETH+4.00%SOL+3.90%USDC-0.04%XRP+2.99%SUI+1.98%DOGE+2.36%HYPE-3.89%
2d ago
Sales Soar 24%, Net Profit Booms 7Fold
Roku reported Q3 2026 earnings results, with growth of 24% to $1.5 billion in revenue as media and entertainment ad spending growth hit a four-year high.
10-29
Skydance Names Finance Leadership Team Following Paramount-WBD Merger
Skydance CFO Dennis Cinelli has announced the leadership team for the finance group of the combined Paramount-WBD. On a proforma basis, the merged company will have annual revenue of nearly $70 billion and net debt of around $80 billion. The finance team will be closely involved in efforts to reach a projected $6 billion in annualized cost savings. Cinelli, formerly Paramount Skydance's finance chief, sent the memo to staffers on Wednesday morning.
10-26
AI Giant Cites 'Catastrophic' Risks
Anthropic spent much of its IPO filing warning potential investors about the risks its AI models could pose to humanity.
10-21
"I Know That We Could Do Better"
Netflix laid off 1,000 employees last week. Co-CEO Sarandos said a new team led by Peter Rice will oversee the programming lineup.
10-16
Why Did Netflix Just Make a Huge Round of Layoffs?
Netflix is profitable and still growing. So why did it lay off 6% of its employees, cutting 1,000 jobs in its biggest workforce reduction to date?
10-15
Fox $22 Billion Roku Deal Approved by Shareholders of Both Companies
Shareholders for both Fox Corp. and Roku voted to approve Fox's $22 billion acquisition of the streaming-video platform company.
10-1
David Ellison names Mattel’s Ynon Kreiz co-CEO ahead of Paramount–Warner Bros. Discovery merger closing Oct. 6
Former Mattel CEO Ynon Kreiz will become co-CEO of the company formed by Paramount’s merger with Warner Bros. Discovery, a deal expected to close on Oct. 6. A judge has approved a settlement resolving an antitrust lawsuit tied to the $111 billion transaction. Mattel has named Condé Nast CEO Roger Lynch as its next CEO.
10-1
Judge approves settlement with 12 state AGs, clearing Paramount’s $111 billion Warner Bros. Discovery merger for Oct. 6 close
A federal judge approved Paramount’s settlement with a group of state attorneys general, removing the last legal obstacle to Paramount’s $111 billion merger with Warner Bros. Discovery. Paramount has tentatively set Oct. 6 to close the deal after it was cleared by regulators in 68 jurisdictions worldwide, including the Justice Department. Under the terms tied to the transaction, WBD CEO David Zaslav is set to receive more than $550 million in stock and cash compensation once the merger closes.
