Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
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Sony said Tuesday that Playstation 5 sales rose over the past fiscal year, but it lowered its sales guidance over the next year.
The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.
As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.
The warnings come as the industry adapts to seismic shifts in technology — which means it may just have some new tricks up its sleeve.
On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.
The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.
The gaming industry, like every other sector including banking and rideshare apps, is enmeshing itself even deeper into advertising.
With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.
Media investment firm Magna now expects ad sales by media owners to increase over 9% this year.
Activist investor Nelson Peltz has earned a huge win in his protracted battle of wills with Disney CEO Bob Iger.
Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.
A Minecraft Movie is lighting the box office on fire. It’s a much-needed win for the battered Warner Bros Discovery.
To give some perspective on Spotify’s long road to steady profitability, the company was founded all the way back in 2006.
On Tuesday, Spotify put out a press statement saying that its collective payments to the music industry for 2024 totaled $10 billion.
According to the Financial Times, Apple is ramping up its Apple News division. But can it fix its irritating AI hallucinations?