CBS brass say they pulled the plug on “The Late Show with Stephen Colbert” because of its punishing losses — pegged between $40 million and $50 million a year — and claim politics had nothing to do with it, The Post…
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While Disney insists that the P&T division is critical to its future success, the layoffs nonetheless cut an additional two percent of the company’s workforce. This latest round of cost cutting is just one of a long series of cuts lasting several…
The Federal Trade Commission on Wednesday sent Media Matters for America a letter demanding communications between the progressive media watchdog and advertising entities as the commission probes whether the watchdog colluded with advertisers to pull funding from Elon Musk’s X.…
The cable giants Charter Communications and Cox Communications said on Friday that they had agreed to merge, a colossal deal that would create one of the biggest TV and internet providers in the United States. The deal, which values Cox…
Today, I’m talking with Paul Bascobert, who is the president of Reuters, the news and information service you have undoubtedly heard of. This is part of a special Thursday series we’re running this month to explore how leaders at some…
The non-profit Wikimedia Foundation is challenging the United Kingdom’s online safety rules in court over concerns they may enable “vandalism, disinformation, or abuse” to go unchecked on its Wikipedia platform. Wikimedia announced on Thursday that its legal challenge specifically targets the Online…
President Donald Trump called for a 100 percent tariff on movies produced overseas in a Truth Social post Sunday night, confounding studio executives and critics about what this could mean for the heavily globalized film industry. “The Movie Industry in…
In 2009, Disney bet heavily on comic-book movie magic. The media giant agreed to acquire Marvel Entertainment for $4 billion, gaining a treasure trove of characters and intellectual property. What followed was a decade-long boom: under Disney’s wing, Marvel Studios turned out a succession…
The daughter of Stan Lee, J.C., has settled a lawsuit against Max Anderson, the comic book legend’s former longtime road manager accused of elder abuse and pilfering tens of millions of dollars in memorabilia, autograph revenue and appearance fees. Ahead of…
Roku is making a significant acquisition that will propel it further in the content space. The streaming platform says that it is acquiring the subscription streaming service Frndly TV in a deal valued at $185 million. The deal, which should be…