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Disney and Verizon Extend Disney+ Marketing Partnership

Aug. 17, 2020 · 7:56 AM PDT
The extension highlights how important the Verizon service has been in getting people to sign up for Disney+_.

Trump Orders ByteDance to Sell TikTok’s U.S. Business Within 90 Days

Aug. 14, 2020 · 9:59 PM PDT
The new executive order makes it clear that the only likely outcome for TikTok in the U.S. is a sale to an American buyer.
WarnerMedia CEO Jason Kilar. Photo by Bloomberg

Media Mogul Sumner Redstone Dies at 97

Aug. 12, 2020 · 5:10 AM PDT
Redstone's death follows a long period where he was out of the public view, and his daughter Shari had taken control of his companies, Viacom and CBS (now merged.)

Microsoft Delays Halo Game in Blow to New Xbox

Aug. 11, 2020 · 1:58 PM PDT
Microsoft said it will delay the release of a new Halo videogame until next year, in a blow to the launch of an upcoming Xbox game console.

Apple Signs Production Deal With Martin Scorsese

Aug. 11, 2020 · 11:27 AM PDT
The deal is for television and movie projects made by his production company.
Illustration by Mike Sullivan

CuriosityStream to Go Public

Aug. 11, 2020 · 6:50 AM PDT
The educational streaming service founded by the former CEO of Discovery plans to go public through a $330 million merger with a special purpose acquisition company.
Jason Kilar, now chief executive officer of WarnerMedia, at a conference in 2010, when he was chief executive officer of Hulu LLC. Photo: Bloomberg

WarnerMedia Lays Off Employees

Aug. 10, 2020 · 11:51 AM PDT
The company is expected to shed 600 employees, mainly at Warner Bros.

Report: Microsoft May Acquire All of TikTok

Aug. 6, 2020 · 10:04 AM PDT
Instead of just acquiring TikTok's U.S., Canada, Australia, and New Zealand operations, Microsoft is said to be mulling a buyout of the entire business.

ViacomCBS Hits 16.2 Million Paid Streaming Subscribers

Aug. 6, 2020 · 6:42 AM PDT
The company is planning to launch its new streaming service in the U.S. and abroad next year.

Roku Reports Advertising Growth Amidst Pandemic

Aug. 5, 2020 · 2:15 PM PDT
The company reported a 46% jump in its platform segment revenue, a sign that advertisers are still spending on streaming devices despite the pandemic.

The New York Times Hits Records in Digital

Aug. 5, 2020 · 6:34 AM PDT
The quarter marked the first time digital revenue exceeded print revenue.

Tencent Seeking a Merger of China’s Two Biggest Game Streaming Sites

Aug. 5, 2020 · 3:00 AM PDT
Combining game streaming platforms Huya and DouYu could create a $10 billion company and 300 million users.
An  employee at Walt Disney Co.'s Disneyland Resort in Hong Kong on June 18. Shutdowns resulting from the coronavirus contributed to a $4.7 billion quarterly loss.

Disney Earnings Take Huge Hit on Parks Closures

Aug. 4, 2020 · 1:35 PM PDT
The coronavirus caused a $3.5 billion negative impact on the parks and resorts segment.

NBCU Begins Layoffs

Aug. 4, 2020 · 10:41 AM PDT
The reductions in staff are expected to be less than 10%.