The television industry is in flux. Deals, spinouts and partnerships are all reshaping the landscape for traditional TV. While the industry is no stranger to turmoil, the recently rapid pace of change is keeping media investors and onlookers on their toes. This is the backdrop for CNBC’s Future of TV survey: an update from our…
The Paramount Pictures logo is displayed on a water tower in Los Angeles, California, on August 6, 2026. Michael Yanow | Nurphoto | Getty Images Paramount Skydance will seek to force the states holding up its merger with Warner Bros. Discovery to pay for the fees and costs associated with the delay, according to a…
Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Disney CEO Josh D’Amaro told CNBC’s Julia Boorstin on Friday that the company’s parks division marked a “big surprise” last quarter and…
The Martha’s Vineyard African American Film Festival kicks off on Friday — and organizers expect their biggest turnout ever, despite a changing consumer and lingering economic challenges. Rising gas prices, sticky inflation and rising unemployment in the Black community threaten many small businesses that serve Black consumers. But the film festival is finding its audience is…
Grindr CEO George Arison in New York, June 4, 2026. Emma Rose Milligan | Bloomberg | Getty Images Grindr is betting that artificial intelligence can do more than just improve the dating app experience. It believes AI can simultaneously create a new premium subscription business while also dramatically changing how quickly its engineers build software….
Warner Bros. Discovery on Thursday said it saw record-breaking revenue growth in its streaming segment, anchored by HBO Max, ahead of increased scrutiny over its proposed merger with Paramount Skydance. The media company said in its second-quarter earnings report that its streaming segment surpassed $3 billion in revenue, marking a 10% increase from the year…
Versant Media Group raised its full-year guidance on Thursday, boosted by momentum in its digital brands like Fandango and GolfNow, as well as what executives referred to as “strength” in its overall business model. The company now expects total revenue for 2026 of $6.2 billion to $6.45 billion and adjusted earnings before interest, taxes, depreciation…
“Toy Story 5,” “The Super Mario Galaxy Movie” and “Spider-Man Brand New Day.” Disney | Universal Pictures | Sony Billion-dollar films are back in Hollywood. The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel’s “Spider-Man: Brand New Day” surpassed the coveted benchmark. It joins the three-comma ranks alongside…
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, July 30, 2022. Octavio Jones | Reuters Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company’s experiences division on Wednesday. The experiences segment, which…
Disney posted mixed quarterly results on Wednesday, far surpassing Wall Street expectations for earnings while slightly missing estimates for revenue. The company’s quarterly results were once again lifted by its parks and streaming divisions. Revenue for Disney’s experiences segment, which includes global theme parks and cruises, was up 10% year over year to $9.97 billion….
