Spotify Signs Deal With Chernin to Turn Podcasts Into Movies
The deal shows Spotify's expanding ambitions with podcasting.
Entertainment
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TPG Buys Sports Sites Amidst Pandemic
Among the string of acquisitions, TPG is buying DAZN's Goal digital soccer brand.
Variety and Hollywood Reporter Join Forces
The joint venture shows how the decline of print advertising is forcing former competitors to make peace to try and cut costs.
Activist Nelson Peltz Takes Stake in Comcast
The move comes as cordcutting continues to pose a challenging for the cable giant.
Microsoft Buys Bethesda Owner ZeniMax for $7.5 Billion
The acquisition, Microsoft’s largest in the gaming space, comes as Xbox has been laying the groundwork for a push into game streaming.
Unity Software Sees 30% Surge in Stock After IPO
Unity Software, a maker of software tools for game developers, joined a flurry of tech IPOs, seeing its shares surge more than 30%.
NBCU Reaches Deal with Roku for Carrying Peacock
The company has been in a clash with Roku over terms for its Peacock app
NBCU’s Peacock Signs Up 15 Million Users
Fifteen million people have signed up for Peacock, up from 10 million six weeks ago, but its unclear what this means.
ViacomCBS Names Upcoming Streaming Service Paramount+
ViacomCBS will be entering a crowded field when it launches its global streaming service next year.
Beijing Pushes Back Against Forced Sale of TikTok
Chinese authorities would rather see the popular app shut down in the U.S. than agree to a sale forced by the Trump administration.
New App Store Rules Still Leave Streaming Game Services in Limbo
Apple updated its App Store guidelines for streaming game services, but the rules are likely to be unpalatable to companies in that sector.
HBO Max Looking to Launch Ad Tier in Spring 2021
They're also planning on having an even lighter ad load than NBCUniversal's Peacock
Microsoft Announces Prices, Launch Date for New Xbox Consoles
Microsoft said two new Xbox consoles will go on sale on Nov. 10 for $300 and $500 each, while it also announced options to get the systems without upfront costs.
Netflix Shakes Up TV Division, Appoints New Global Chief
Bela Bajaria now heads the global television team with longtime U.S. head Cindy Holland departing
Apple Countersues Epic, Asks for Damages
Apple countersued Epic Games, asking a judge for monetary damages in the escalating legal battle between the two companies.
WarnerMedia Dropping Price for HBO Max for September
The company also appointed an executive to get the film and TV businesses, now in the one group, to work together more collaboratively.
AT&T to Scrap Sale of WarnerMedia’s Gaming Unit
The deal could have fetched AT&T around $4 billion, but the company recently took it off the list of non core assets it's willing to sell