Sahil Patel

About
Articles

About

Sahil Patel is a reporter for The Information, covering the business of media and entertainment. Before that, he was at The Wall Street Journal covering how advertising and media were being disrupted by technology. He is based in New York and can be found on Twitter @sizpatel.

Articles

BuzzFeed Q2 Revenue Fell 24%

BuzzFeed's advertising business continues to shrink, though the company said it's seeing improvements in its higher-margin automated ad operations.

Warner Bros. Discovery Writes Down $9.1 Billion, Suffers Steep Losses

The writedown plunged the company into a loss of $10 billion during its second quarter, compared to $1.2 billion a year earlier.

Disney Turns a Profit in Streaming, Driven by ESPN+

The company also revealed in a securities filing that it could have to pay as much as $5 billion to Comcast for its 33% stake in Hulu.

Disney to Raise Disney+ and Hulu Prices, Launch Streaming Channels

Disney+ and Hulu prices are about to go up starting this fall as Disney also announced new old-school TV-style channels for Disney+.

X Sues Ad Industry Group, Some Top Advertisers

X, formerly Twitter, has filed an antitrust lawsuit against some top advertisers and trade groups, claiming they conspired to make advertisers boycott the platform.