Shares of Roku jumped more than 6% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of…
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called ticking fee to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30…
Workday co-founder Aneel Bhusri at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020, when he was CEO of the company. Bhusri will once again take on the role, with Carl Eschenbach stepping down. Adam Galica | CNBC Workday on Monday announced that CEO Carl Eschenbach is stepping down from his role and…
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images President Donald Trump on Saturday endorsed Nexstar Media‘s proposed $6.2 billion acquisition of Tegna, just months after criticizing the deal. “We need more competition against THE ENEMY, the Fake News National TV Networks,” Trump wrote in a Truth Social post. “Letting Good Deals get done…
The NFL plans to hold talks with non-traditional media companies to potentially sell them the rights to a live game, NFL Media chief Hans Schroeder told CNBC Sport on Friday. “We have other people that are both partners in a smaller sense — maybe not a full package — or people that still are in…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images After Anthropic took aim at OpenAI’s ad push in a new Super Bowl campaign on Wednesday, OpenAI CEO Sam Altman shared a…
The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony on Thursday reported a rise in operating profit that beat expectations, despite foreign exchange volatility and higher memory costs. Here are Sony’s December quarter results compared…
Walt Disney Company CEO Bob Iger looks on prior to the game between the Philadelphia Eagles and the Green Bay Packers at Lambeau Field on November 10, 2025 in Green Bay, Wisconsin. Michael Reaves | Getty Images Sport | Getty Images Disney is ready for its next CEO. On Monday, the company’s leadership outlined its…
Disney reported quarterly revenue and earnings on Monday that topped analyst expectations, lifted by its theme parks, resorts and cruises segment. The experiences unit reported more than $10 billion in quarterly revenue for the first time, CFO Hugh Johnston told CNBC. Disney’s domestic theme parks recorded $6.91 billion in revenue, while its international parks reported…
Latin America’s media landscape is being reshaped by a new suite of entertainment producers, as short drama platforms, often with business ties to China, command an increasingly large share of the region’s video streaming market. According to market intelligence firm Sensor Tower‘s State of Mobile 2026 report published last week, demand for short dramas is…
