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Entertainment
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Viacom CEO Bob Bakish. Photo by Bloomberg

Spotify Signs Deal With Chernin to Turn Podcasts Into Movies

Sept. 24, 2020 · 8:50 AM PDT
The deal shows Spotify's expanding ambitions with podcasting.

TPG Buys Sports Sites Amidst Pandemic

Sept. 23, 2020 · 12:46 PM PDT
Among the string of acquisitions, TPG is buying DAZN's Goal digital soccer brand.

Variety and Hollywood Reporter Join Forces

Sept. 23, 2020 · 6:53 AM PDT
The joint venture shows how the decline of print advertising is forcing former competitors to make peace to try and cut costs.
LionTree's Aryeh Bourkoff. Photo by Bloomberg.

Activist Nelson Peltz Takes Stake in Comcast

Sept. 21, 2020 · 1:44 PM PDT
The move comes as cordcutting continues to pose a challenging for the cable giant.

Microsoft Buys Bethesda Owner ZeniMax for $7.5 Billion

Sept. 21, 2020 · 7:36 AM PDT
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

Sept. 18, 2020 · 4:35 PM PDT
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

Sept. 18, 2020 · 10:21 AM PDT
The company has been in a clash with Roku over terms for its Peacock app

NBCU’s Peacock Signs Up 15 Million Users

Sept. 15, 2020 · 7:13 AM PDT
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+

Sept. 15, 2020 · 6:21 AM PDT
ViacomCBS will be entering a crowded field when it launches its global streaming service next year.

Beijing Pushes Back Against Forced Sale of TikTok

Sept. 11, 2020 · 12:25 PM PDT
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

Sept. 11, 2020 · 12:19 PM PDT
Apple updated its App Store guidelines for streaming game services, but the rules are likely to be unpalatable to companies in that sector.
Glossier CEO Emily Weiss. Photo by Bloomberg

HBO Max Looking to Launch Ad Tier in Spring 2021

Sept. 10, 2020 · 10:35 AM PDT
They're also planning on having an even lighter ad load than NBCUniversal's Peacock

Microsoft Announces Prices, Launch Date for New Xbox Consoles

Sept. 9, 2020 · 11:19 AM PDT
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

Sept. 8, 2020 · 10:05 PM PDT
Bela Bajaria now heads the global television team with longtime U.S. head Cindy Holland departing

Apple Countersues Epic, Asks for Damages

Sept. 8, 2020 · 1:15 PM PDT
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

Sept. 3, 2020 · 12:40 PM PDT
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

Sept. 1, 2020 · 1:38 PM PDT
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