Tag: Entertainment Content

Netflix and FIFA have agreed to a U.S. broadcast deal for the 2027 and 2031 Women’s World Cup, further expanding the streaming company’s footprint in the live-sports category, which includes NFL, boxing and WWE content.

Universal Music Group NV, the world’s largest record label, expanded its global partnership with Amazon.com Inc’s premium music service to boost fan engagement and fraud protection 

Shares in French broadcaster Canal+ fell almost 16% after their London stock market debut on Monday.

Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a potential sale or spinoff of its TV business as more cable subscribers cut the cord.

The Walt Disney Co. is raising its dividend. Shareholders can thank blockbuster movies like superhero team-up “Deadpool & Wolverine,” and sequels to its animated smash-hits “Inside Out” and “Moana.”

Formula One has opened negotiations with broadcaster ESPN over its next U.S. media rights deal with one year left on the existing contract, the Financial Times said on Thursday.

Warner Bros. Discovery agreed to end its quest to own a package of live National Basketball Association games in the U.S. for the 2025-26 season and beyond, settling all of its legal disputes with the league.

Walt Disney stock jumped 10% early Thursday as the entertainment giant’s streaming business swung to a strong profit in its fiscal fourth quarter.

Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter ended Sept. 30, spurred by growth in games, advertising and cloud services.

Warner Bros Discovery posted a surprise third-quarter profit on Thursday as the Paris Olympics powered streaming subscriber growth and cable revenue, making up for a lack of major box office hits from its studio.

Nintendo on Wednesday said it will allow current Switch games to be played on the hit console’s successor as it looks to drum up excitement among its current user base for the highly-anticipated device

Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console.

Netflix shares jumped Friday after the media streaming giant reported third-quarter earnings and revenue that beat expectations.

Saudi Arabia’s Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom’s mammoth sovereign wealth fund said it was considering upping its stake.

Ubisoft shares continued higher Monday after Bloomberg reported Friday that Chinese internet giant Tencent Holdings and Ubisoft founders the Guillemot family were considering a potential buyout of the company.

Saudi Arabia’s Public Investment Fund (PIF) is considering raising its stakes in Nintendo and other Japanese gaming companies, Kyodo News reported on Saturday.

Universal Music Group said on Tuesday it expects annual core profit growth of more than 10% through to 2028 on higher subscription revenue, expanded partnerships and boosted by the superfans of its artists such as Taylor Swift, BTS and Drake.

Warner Bros. Discovery stock popped after the entertainment company announced a multiyear distribution agreement with Charter Communications on Thursday.

Paramount Global shareholders got some good news late Monday: media mogul Edgar Bronfman Jr. solidified his play for the entertainment giant with a $4.3 billion bid that could put its proposed merger with David Ellison’s Skydance on ice.

Tencent Music Entertainment Group’s New York listed shares slumped in Tuesday’s pre-market session as the Chinese streaming giant said a sharp drop in the number of people using its karaoke platforms had driven a slump in its second quarter revenue.