Tag: Entertainment Content

Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings.

The Federal Trade Commission has lost its request for a preliminary injunction to block Microsoft’s $69 billion deal to purchase Activision Blizzard, according to a ruling from U.S. District Judge Jacqueline Scott Corley.

NEW DELHI, July 12 (Reuters) – Walt Disney (DIS.N) is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge said on Wednesday.

With U.S. antitrust enforcers determined to stop Microsoft from buying “Call of Duty” maker Activision Blizzard, the companies’ two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward.

Google is having productive early conversations with regulators in the European Union about the bloc’s groundbreaking artificial intelligence regulations and how it and other companies can build AI safely and responsibly, the head of the company’s cloud computing division told CNBC.

Microsoft’s $69 billion proposed acquisition of Activision Blizzard faces a key test on Thursday as a federal judge will hear arguments over U.S. regulators’ attempt to block the deal.

The Flash, a Warner Bros Discovery Inc. film based on the super-fast DC Comics hero, topped the box office this weekend with a lower-than-expected $55.1 million in domestic ticket sales.

Walt Disney said CFO Christine McCarthy would step down, and the entertainment company named another veteran executive, Kevin Lansberry, to act as interim CFO starting July 1.

Disney on Tuesday revealed a shake-up of its movie release calendar, delaying several entries in the Avatar, Marvel and Star Wars franchises.

The Federal Trade Commission is set to file for an injunction Monday seeking to block Microsoft’s proposed acquisition of Activision Blizzard, a person familiar with the matter told CNBC.

For people who have been sharing their Netflix password with family and friends who aren’t living with you, the day of reckoning has arrived.

Swedish gaming group Embracer’s share price plummeted on Wednesday after the group slashed its forecast for the year and said a $2bn partnership deal had fallen through.

Meta has begun its third round of layoffs as part of the company’s multibillion-dollar plan to save costs.

Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S.

Ubisoft Entertainment shares UBI, -0.57% slumped, making it the second-worst performer in the Stoxx Europe 600, following a double downgrade to sell from buy at UBS

Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor.

Take-Two Interactive Software TTWO reported mixed fourth-quarter results but signaled that key game releases will drive stronger growth in the years to come.

Tencent reported an 11% jump in quarterly revenue Wednesday, marking its fastest growth in more than a year, as the company saw a big rebound in payment volumes, ad sales, and gaming.

Shares in Manchester United jumped 8% in premarket trading Wednesday following reports that Qatari banker Sheikh Jassim Bin Hamad Al Thani has made an improved bid for the soccer club.

European regulators are expected to approve Microsoft’s $69 billion deal for Activision Blizzard imminently. A European approval wouldn’t clear the path for acquisition to go ahead, but it would be a helpful point of reference for Microsoft as it takes on objections in the U.S. and U.K.