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Head of CBS News, Neeraj Khemlani, Stepping Away From His Role
Business

Head of CBS News, Neeraj Khemlani, Stepping Away From His Role

CBS is shaking up the leadership ranks of its news and local station group Source link

Viet Dinh to Leave as Fox's Chief Legal Officer
Business

Viet Dinh to Leave as Fox's Chief Legal Officer

The architect of the company’s ill-fated strategy in a defamation battle that resulted in a record $787.5 million settlement is leaving his post at year’s

Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services
Business

Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services

The entertainment giant’s is raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each. Source link

Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
Business

Paramount to Sell Simon & Schuster to KKR for $1.62 Billion

The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin Random House was blocked. Source

Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Business

Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion

Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link

Fox to Wind Down Sports-Betting Site Fox Bet
Business

Fox to Wind Down Sports-Betting Site Fox Bet

The broadcaster is closing its sports-betting venture after it failed to grow as quickly as more dominant competitors in the market. Source link

At the Core of Hollywood's AI Fight: How Far Is Too Far?
Business

At the Core of Hollywood's AI Fight: How Far Is Too Far?

Studios see potential in the technology, while actors, writers and other industry workers fear the worst. Source link

Tucker Carlson's Fox Exit Helps Boost Newsmax Ratings
Business

Tucker Carlson's Fox Exit Helps Boost Newsmax Ratings

The surge for conservative news channel Newsmax has corresponded with a decline in Fox News’s prime-time ratings following Carlson’s exit. Source link

Streaming Brought Hollywood to a Standstill. Now Comes the Pain.
Business

Streaming Brought Hollywood to a Standstill. Now Comes the Pain.

Hollywood’s biggest strike in 60 years is exposing industry fault lines, with traditional entertainment companies expected to take a near-term hit while streamers are better

Peacock Becomes Latest Streaming Service to Raise Prices
Business

Peacock Becomes Latest Streaming Service to Raise Prices

NBCUniversal said its ad-supported plan will increase $1 a month, while the ad-free tier will go up $2 to $11.99 a month. Source link