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Disney plans to nearly double its investment in parks and cruises business

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Disney World celebrated its 50th anniversary in April 2022.Aaronp | Bauer-Griffin | GC Images | Getty ImagesDisney said in a securities filing Tuesday it will nearly double its planned investment…

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Barry Diller rips WGA deal with studios, says fair use needs to be redefined to address AI

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Slamming the tentative labor deal between Hollywood writers and studios, media mogul Barry Diller on Tuesday laid out his biggest bone of contention with generative artificial intelligence.Diller, chair of IAC…

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After a year of chaos, CNN bets on new CEO Thompson to focus on long-term viability

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A person walks past the CNN headquarters in Atlanta, Georgia, Nov. 17, 2022.Brandon Bell | Getty ImagesWhen former CNN Chief Executive Officer Chris Licht started running the news organization last…

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Amazon is bringing ads to Prime Video — the ad-free option will cost an extra $2.99 a month

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Rafael Henrique | Lightrocket | Getty ImagesAds are coming to Amazon's Prime Video.The company announced Friday that its streaming service — a part of Prime subscriptions that cost $14.99 a…

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Rupert Murdoch steps down as chairman of Fox and News Corp.

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Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp., the companies said Thursday. The move will be official in November.Murdoch, 92, will…

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Live sports are headed to Max, as Warner Bros. Discovery adds a new tier to streaming app

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Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021…

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Hollywood is paying a steep price for never really figuring out the streaming model

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People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023.Mario Tama | Getty Images News…

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Comcast, Disney move up deadline to decide Hulu future ownership

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Rafael Henrique | SOPA Images | LightRocket | Getty ImagesThe timeline to decide Hulu's ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday.Comcast and Disney are set…

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Disney and Charter reach deal to end cable blackout in time for ‘Monday Night Football’

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The blackout fight between cable giant Charter Communications and Disney is over.Hours ahead of "Monday Night Football," which airs on Disney's ESPN, the companies reached a deal that would allow…

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TKO, the newly merged UFC-WWE, aspires to grow beyond fighting

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Ultimate Fighting Championship and World Wrestling Entertainment executives decided to name their new publicly traded company TKO to honor the companies' expertise in fighting, but they have broader aspirations than…