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Traditional TV usage drops below 50% for first time ever

by Tudur Aled
Traditional TV usage drops below 50% for first time ever

Simpson33 | Istock | Getty Images The decline of traditional TV continues, even as the prices of streaming services rise. Total traditional TV usage — comprised of broadcast and pay-TV …

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CBS News names Wendy McMahon as new chief

by Mirza Adeeb
CBS News names Wendy McMahon as new chief

Wendy McMahon, President and Co-Head of CBS News and Stations. Michele Crowe | CBS | Getty Images CBS News on Monday named Wendy McMahon as its CEO and president. The …

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CBS News chief Neeraj Khemlani reportedly stepping down

by Joseph Addison
CBS News chief Neeraj Khemlani reportedly stepping down

Neeraj Khemlani, president of CBS News, at the annual White House Correspondents’ Association Dinner in Washington, U.S., April 29, 2023. Tom Brenner | Reuters Neeraj Khemlani, the president and co-head …

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Paramount to sell Simon & Schuster to KKR for $1.62 billion

by Tudur Aled
Paramount to sell Simon & Schuster to KKR for .62 billion

The publishing offices of Simon and Schuster in New York. Amy T. Zielinski | Newscast | Universal Images Group | Getty Images Paramount Global agreed to sell book publisher Simon …

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‘Barbie’ to top $1 billion at the global box office Sunday

by Joseph Addison
‘Barbie’ to top  billion at the global box office Sunday

Barbie The Movie Courtesy: Warner Bros.  “Barbie” is expected to join the billion-dollar club Sunday. The bubblegum pink flick from Warner Bros. Discovery and Mattel will top $1 billion in global ticket sales, before …

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Hasbro sells off eOne, taking a page from Mattel’s playbook

by Tudur Aled
Hasbro sells off eOne, taking a page from Mattel’s playbook

A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Four years after acquiring Toronto-based production studio eOne, Hasbro …

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Hollywood producers seek sit-down with striking writers

by Tudur Aled
Hollywood producers seek sit-down with striking writers

Picketers walk outside the Walt Disney Studios in Burbank, CA on Tuesday, June 6, 2023 as the Writers Guild of America strike enters the sixth week.  Myung J. Chun | …

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Disney CEO Bob Iger wants ESPN minority partners but deal won’t be easy

by Tudur Aled
Disney CEO Bob Iger wants ESPN minority partners but deal won’t be easy

Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho.  David A. Grogan | CNBC Disney CEO Bob Iger has taken the …

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Sound of Freedom outgrosses Mission: Impossible, The Flash

by Tudur Aled
Sound of Freedom outgrosses Mission: Impossible, The Flash

“Barbenheimer” isn’t the only phenomenon at the July box office. Over the last four weeks, Angel Studios’ “Sound of Freedom,” an indie film that has drawn the support of former …

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Barbenheimer box office success driven by FOMO

by Tudur Aled
Barbenheimer box office success driven by FOMO

An employee adds letters for upcoming film releases “Oppenheimer” and “Barbie” to a marquee at the Colonial Theater on July 16, 2023 in Phoenixville, Pennsylvania. Hannah Beier | The Washington …

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