Latest Business News
Netflix to Open Restaurant in Las Vegas Next Month as Live Experiences Business Expands (Exclusive)
'Stranger Things' chicken and waffles and 'Bridgerton' tea service will be available at a new location for Netflix Bites, opening at the MGM Grand on Feb. 20.
- By
Netflix Analysts See More Upside After Record Sub Gain, Price Hikes as Stock Hits All-Time High
The streaming giant gets the latest round of stock price target hikes as experts opine on advertising and live sports upside: "As good as it gets? We don’t think so."
- By
Prince Harry Settles Privacy Case as Murdoch’s ‘The Sun’ Owner Offers Him “Unequivocal Apology”
NGN also apologized to the Duke for the impact on him of the "extensive coverage and serious intrusion into his private life as well as the private life of Diana, Princess of Wales."
- By
Chris Brown Files $500M Defamation Lawsuit Against Warner Bros. Discovery Over Sexual Assault Claims in Documentary
The singer takes issue with an accuser stating in the documentary that he raped her, as well as the portrayal that he has a "predisposition for punching women in the face."
- By
Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
- By
Broadway Box Office: ‘Our Town’ Brings in $1M in Closing Week
The revival starred Jim Parsons, Zoey Deutch and Katie Holmes.
- By
Netflix Raises Prices in First Major Hike Since 2023
The streaming giant is upping the cost of its standard ad-supported tier to $7.99 a month in the U.S., up from $6.99, and the standard plan is increasing by $2.
- By
Netflix Adds Record-Breaking 19M Subscribers in Latest Quarter
The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
- By
Leanne Loombe to Head Games at Annapurna (Exclusive)
Loombe joins the Megan Ellison outfit from Netflix’s gaming division.
- By
Legendary Teams With Patrick Wachsberger to Launch Standalone Production and Sales Banner
The joint venture, titled 193, will be co-owned by Legendary and produce its own slate of films to sell as well as rep global distribution rights for titles.
- By
YouTube Star Bailey Sarian Signs With Underscore Talent (Exclusive)
The management firm is looking to expand podcast and product lines for the ‘Murder, Mystery & Makeup' star as she offers a blend of true crime and beauty content to her online and social media followers.
- By
Why a Wall Street Analyst Just Upgraded Warner Bros. Discovery But Downgraded Fox’s Stock
"The themes of 2025 will in many ways be continuations of the themes of 2024, and for several media companies, that is exactly the problem," notes MoffettNathanson analyst Robert Fishman.
- By
Warner Music CEO Robert Kyncl’s Pay Falls to $18.6M
The exec’s annual compensation package at the major label reached $20.4 million in fiscal 2023, his first year on the job.
- By
IMDb Founder Col Needham to Step Back After 35 Years
The exec, who created the Internet Movie Database in 1990, will step aside as CEO and will be succeeded by Nikki Santoro.
- By
YouTube, Netflix, Prime Video Hit Usage Highs During 2024 Holidays
The three streaming sites reach or tie their biggest share ever of the U.S. TV audience.
- By
Prince Harry Trial Against Rupert Murdoch’s ‘The Sun’ Owner Starts in London, Without Prince Harry
"The goal is accountability. It’s really that simple," Prince Harry earlier told a press event.
- By