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Universal Studios Eyes Saudi Arabia For New Theme Park Project: Report
Comcast Corporation, Universals parent company, is reportedly leading the early work on the project in Saudi Arabia
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Netflix to Buy Warner Bros. in $72 Billion Cash, Stock Deal
Netflix is set to buy Warner Bros. Discovery in a landmark deal, combining the top streaming service with one of Hollywood’s oldest studios. Warner Bros. shareholders will get $27.75 per share in cash and Netflix stock. The deal is valued at $72 billion, with an enterprise value of $82.7 billion. Before closing, Warner Bros. will spin off CNN, TB...
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Disney, Universal Sue Image Creator Midjourney for Copyright Infringement
Walt Disney and Comcast's Universal filed a copyright lawsuit against Midjourney on Wednesday. The suit claims Midjourney pirated the libraries of the two Hollywood studios, making and distributing without permission "innumerable" copies of characters such as Darth Vader from "Star Wars," Elsa from "Frozen," and the Minions from "Despicable Me".
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Disney to Pay Comcast $439 Million More for Its Hulu Stake
Walt Disney must pay $438.7 million (roughly Rs. 3,755 crore) more to Comcast to complete its purchase of the Hulu streaming service. Disney agreed in 2019 that it would acquire Comcast’s one-third stake in the business at price that valued the whole enterprise at a minimum of $27.5 billion (roughly Rs. 23,54,206 crore) starting in 2024.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter Hires Former NBCUniversal Executive Joe Benarroch to Handle Business Operations
Former NBCUniversal executive Joe Benarroch will join Twitter on Monday, in a role focusing on business operations. He said that he was looking forward to working with the company's team to "build Twitter 2.0 together."
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As Instagram Plans Twitter 'Clone', "Game On," Says Twitter's New CEO
Linda Yaccarino spent several years modernising Comcast Corp's NBCUniversal's ad business as its advertising chief.
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Netflix Says Its $7-a-Month Ad-Supported Subscription Tier Now Has Nearly 5 Million Monthly Active Users
Netflix's recently launched ad-supported tier reaches nearly 5 million active users per month, executives said on Wednesday in a pitch that emphasized the breadth of its programming to potential advertisers.
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New Twitter CEO Linda Yaccarino ‘Inspired’ by Elon Musk’s Vision, Says Will Work to Transform App
Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transform the social media platform.
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Twitter To Get New CEO, Elon Musk Says His New Role Will Be...
Elon Musk said on Thursday he has found a new chief executive for Twitter, but did not name the person, while the Wall Street Journal reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job.
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Disney+ and Hulu Content to Be Merged Into a Single App in the US
Disney+ and Hulu content will soon be merged into a single app in the US. During Disney’s earnings call, CEO Bob Iger confirmed that the company will put out a new, combined app by the end of the calendar year, with the option available to those who are subscribed to both services to merge into a single subscription. Hulu content is already bundl...
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Netflix Says It's 'Actively' Working on Ad-Supported Subscription Model
Netflix is "actively" working on building its cheaper, ad-supported deal, the company's French team said on Tuesday, but added there was no clear timeline.
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Google, NBCUniversal Lead Bid for Netflix's Ad-Supported Subscription Plan Tie-Up: Report
Alphabet's Google and Comcast's NBCUniversal are reportedly the biggest bidders for a tie-up with Netflix to help it create an advertisement-supported subscription plan. A Wall Street Journal report stated that NBCUniversal's sales team can assist the streaming service provider with selling advertisements in the United States and Europe.
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Telecom Groups Dismiss Case Against California Net Neutrality Law
The law was signed by former Governor Jerry Brown after regulators during the Trump administration killed federal net neutrality rules designed to prevent AT&T, Comcast, Verizon and other major Internet providers from exploiting their dominance to favour certain services or apps over others.
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Netflix CFO Spencer Neumann Has No Plans for Advertising but 'Never Say Never'
A senior Netflix executive said the company had no current plans to offer a streaming option that included advertising but declined to rule it out in the future.
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Universal Studios Eyes Saudi Arabia For New Theme Park Project: Report
Comcast Corporation, Universals parent company, is reportedly leading the early work on the project in Saudi Arabia
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Netflix to Buy Warner Bros. in $72 Billion Cash, Stock Deal
Netflix is set to buy Warner Bros. Discovery in a landmark deal, combining the top streaming service with one of Hollywood’s oldest studios. Warner Bros. shareholders will get $27.75 per share in cash and Netflix stock. The deal is valued at $72 billion, with an enterprise value of $82.7 billion. Before closing, Warner Bros. will spin off CNN, TB...
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Disney, Universal Sue Image Creator Midjourney for Copyright Infringement
Walt Disney and Comcast's Universal filed a copyright lawsuit against Midjourney on Wednesday. The suit claims Midjourney pirated the libraries of the two Hollywood studios, making and distributing without permission "innumerable" copies of characters such as Darth Vader from "Star Wars," Elsa from "Frozen," and the Minions from "Despicable Me".
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Disney to Pay Comcast $439 Million More for Its Hulu Stake
Walt Disney must pay $438.7 million (roughly Rs. 3,755 crore) more to Comcast to complete its purchase of the Hulu streaming service. Disney agreed in 2019 that it would acquire Comcast’s one-third stake in the business at price that valued the whole enterprise at a minimum of $27.5 billion (roughly Rs. 23,54,206 crore) starting in 2024.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter Hires Former NBCUniversal Executive Joe Benarroch to Handle Business Operations
Former NBCUniversal executive Joe Benarroch will join Twitter on Monday, in a role focusing on business operations. He said that he was looking forward to working with the company's team to "build Twitter 2.0 together."
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As Instagram Plans Twitter 'Clone', "Game On," Says Twitter's New CEO
Linda Yaccarino spent several years modernising Comcast Corp's NBCUniversal's ad business as its advertising chief.
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Netflix Says Its $7-a-Month Ad-Supported Subscription Tier Now Has Nearly 5 Million Monthly Active Users
Netflix's recently launched ad-supported tier reaches nearly 5 million active users per month, executives said on Wednesday in a pitch that emphasized the breadth of its programming to potential advertisers.
-
New Twitter CEO Linda Yaccarino ‘Inspired’ by Elon Musk’s Vision, Says Will Work to Transform App
Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transform the social media platform.
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Twitter To Get New CEO, Elon Musk Says His New Role Will Be...
Elon Musk said on Thursday he has found a new chief executive for Twitter, but did not name the person, while the Wall Street Journal reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job.
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Disney+ and Hulu Content to Be Merged Into a Single App in the US
Disney+ and Hulu content will soon be merged into a single app in the US. During Disney’s earnings call, CEO Bob Iger confirmed that the company will put out a new, combined app by the end of the calendar year, with the option available to those who are subscribed to both services to merge into a single subscription. Hulu content is already bundl...
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Netflix Says It's 'Actively' Working on Ad-Supported Subscription Model
Netflix is "actively" working on building its cheaper, ad-supported deal, the company's French team said on Tuesday, but added there was no clear timeline.
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Google, NBCUniversal Lead Bid for Netflix's Ad-Supported Subscription Plan Tie-Up: Report
Alphabet's Google and Comcast's NBCUniversal are reportedly the biggest bidders for a tie-up with Netflix to help it create an advertisement-supported subscription plan. A Wall Street Journal report stated that NBCUniversal's sales team can assist the streaming service provider with selling advertisements in the United States and Europe.
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Telecom Groups Dismiss Case Against California Net Neutrality Law
The law was signed by former Governor Jerry Brown after regulators during the Trump administration killed federal net neutrality rules designed to prevent AT&T, Comcast, Verizon and other major Internet providers from exploiting their dominance to favour certain services or apps over others.
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Netflix CFO Spencer Neumann Has No Plans for Advertising but 'Never Say Never'
A senior Netflix executive said the company had no current plans to offer a streaming option that included advertising but declined to rule it out in the future.
