PARA, SPOT, BB, KMX and more
Check out the companies making headlines in midday trading. Spotify — The streaming music stock gained 2.2% after Pivotal Research upgraded Spotify to buy from hold. The Pivotal note said…
Wall Street tries to push rally next week after strong November start
Stocks will try to maintain their upward momentum next week after a strong start to November , with Treasury yields falling from their highs and investors betting the Federal Reserve…
Paramount, Shari Redstone might have missed deal window
Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July…
Netflix returns to growth mode
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix is correcting the…
Amazon Prime Video ads start in 2024
Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon’s Prime Video. The company announced Friday that its streaming service — a part of Prime subscriptions that cost…
Hollywood studios, writers near agreement to end strike, hope to finalize deal Thursday, sources say
Members of the Writers Guild of America (WGA) and the Screen Actors Guild walk the picket line outside of Fox Studios in Los Angeles, California, on August 9, 2023. Film…
Live sports come to Max, Warner Bros. Discovery streaming platform
Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021…
New CNN CEO Mark Thompson will concentrate on CNN’s 5-year viability
A person walks past the headquarters of the Cable News Network (CNN) on November 17, 2022 in Atlanta, Georgia. Brandon Bell | Getty Images When former CNN Chief Executive Officer…
Hollywood pays steep price for not figuring out streaming
People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images…
Disney asset sales will move media industry forward
Chief executive officer of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017…