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

Disney Curbs Streaming Losses as TV Revenue Drops

Rising programming costs and declining ad revenue continue to hurt Disney's TV business. Meanwhile, the company halved losses within its streaming unit.

Apple Can Keep App Store Rules for Now as Supreme Court Rejects Epic Games’ Bid

Apple can continue to enforce its current rules over payments within the App Store as its legal battle with Epic Games heads to the Supreme Court.

ESPN Strikes Sports-Betting Deal with Penn Entertainment Worth Over $1.5 Billion

Casino operator Penn Entertainment has struck a 10-year, $1.5 billion deal with ESPN to launch a new sportsbook. It's also selling Barstool Sports back to its founder.

Digital Media Firm Puck Raises More Than $10 Million

The new funding brings Puck's total funding to more than $17 million. It will be used to hire editorial and business staff.

Paramount’s Streaming Revenues Up 40% as TV Business Continues Decline

Paramount+ added 700,000 subscribers in the second quarter. TV advertising revenues, however, dropped 10% year over year for Paramount Global.