Media & Entertainment

Media & Entertainment

Amazon Axes Hundreds of Employees Across Streaming Business

Photo by Thibault Penin via Unsplash

Amazon has announced hundreds of layoffs across its Prime Video, TV and film studios, and Twitch businesses.

2 min read

Photo via Connor Lin / The Daily Upside

Media & Entertainment

Radio Giant Audacy Files for Chapter 11 Bankruptcy

Audacy, one of the largest radio networks in the nation, filed for bankruptcy on Sunday to restructure its billion-dollar debt load.

1 min read
Photo by Lydia Turner via Unsplash

Media & Entertainment

Disney Gets Some Help from ValueAct in Board Battle

The media and theme-park giant agreed to consult with the hedge fund in exchange for backing its board slate.

1 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Disney Could Bring Machine Learning to Parks’ CCTV

The tech could raise privacy concerns if it’s used on Disney theme park visitors that are children and minors.

2 min read

Media & Entertainment

New York AG Sues SiriusXM for its Annoying Cancellation Process

Photo via Connor Lin / The Daily Upside

New York Attorney General Letitia James sued SiriusXM Radio on Wednesday for “trapping consumers in subscriptions.”

2 min read

Media & Entertainment

Game Over: Can the Video Game Industry Pivot to Streaming?

Photo by Mika Baumeister via Unsplash

The gaming industry is headed for a financial crunch, and Microsoft and others have adopted a winner-take-all strategy.

5 min read

Media & Entertainment

Formula One Fizzles Ahead of Big Vegas Event

(Photo by Chris Peeters on Pexels)

There aren’t a lot of people willing to drive or fly to Las Vegas to watch Formula 1 racers drive to survive.

1 min read

(Photo by Donreál Lunkin on Unsplash)

Media & Entertainment

AMC Swung to a Profit, Still Needs More Cash

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.

1 min read
(Photo by Chase Yi on Unsplash)

Media & Entertainment

Disney, Warner Bros. Keep White-Knuckling the Linear TV Churn

It’s still a tumultuous time to be a major media conglomerate, Disney and Warner Bros. Discovery’s earnings reports’ show.

2 min read
(Photo by Jacob Rice/Unsplash)

Media & Entertainment

Money Talks: The NCAA’s NIL Era is Already Evolving

This is the third school year of the NCAA’s NIL era, granting student-athletes the right to benefit from their Name, Image, and Likeness.

6 min read

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