David Ellison — the founder of a film production company and son of billionaire Larry Ellison — has been at the helm of Paramount Skydance for just over a year. He’s been fighting to acquire Warner Bros. Discovery for nearly as long. The latest roadblock in his path, a group of state attorneys general seeking…
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…
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…
General views of the TCL Chinese Theatre during opening weekend for the Christopher Nolan film, “The Odyssey” in Imax on July 18, 2026, in Hollywood, California. AaronP | Bauer-Griffin | Gc Images | Getty Images For Mike Rohlfing to see “The Odyssey” in theaters this week, the 39-year-old marketer set off on a hero’s journey…
People walk by the Comcast building which houses NBC Studios in Manhattan on June 29, 2026 in New York City. Spencer Platt | Getty Images Comcast’s second-quarter results on Thursday showcased strength at NBCUniversal — particularly in its TV and film units — as the company prepares to split its media and broadband businesses apart….
Christopher Nolan’s “The Odyssey” is off to an epic start. The Universal film adaptation tallied an estimated $124.5 million in its opening weekend as audiences flocked to premium large-format screenings, especially IMAX theaters. “Death, taxes, and Christopher Nolan,” said Shawn Robbins, director of analytics at Fandango and founder of Box Office Theory. “He’s reinvented the…
UNIVERSAL STUDIOS, ORLANDO, FLORIDA, UNITED STATES – 2019/07/18: Comcast sign logo in the wall of a building at Universal Studios. (Photo by Roberto Machado Noa/LightRocket via Getty Images) Roberto Machado Noa | Lightrocket | Getty Images Analysts think Comcast is priming for deals. Comcast leadership says they’re wrong. The company announced Monday it plans to…
Caitlin Clark of the Indiana Fever dribbles down the court against Cotie McMahon of the Washington Mystics during the first half at CareFirst Arena on June 8, 2026, in Washington. Jess Rapfogel | Getty Images The WNBA is expanding its footprint to CNBC. CNBC-parent Versant announced Wednesday that the business news network will simulcast 11…
Versant Media Group on Thursday unveiled results for its most recent quarter — its first as a stand-alone company after separating from Comcast’s NBCUniversal and beginning to trade on the Nasdaq earlier this year. The report revealed continued pressure in the traditional pay TV bundle but highlighted growth in digital platform and licensing businesses. Versant…
