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Facebook buys $5.7 billion stake in India’s Jio to bring WhatsApp...
VentureBeat reports: "Facebook will spend $5.7 billion for 10% of Reliance Industries’s digital business, as the social media firm looks to leverage its popular...
NBCUniversal Sells $178M Stake in Peloton
The Hollywood Reporter reports: "The media and entertainment giant was an early investor in the fitness company, which went public in September of last...
Fox Nation Streaming-Video Service Open to Product Placement Deals
Variety reports: "Streaming-video hub Fox Nation is opening its borders – to advertisers. The Fox News subscription service will offer marketers the chance to...
Wall Street Has High Hopes for Netflix’s Latest Earnings Report
The Hollywood Reporter reports: "Netflix’s stock has risen more than 30 percent year-to-date, driven as of late by Wall Street expectations that the global...
Netflix Analyst Boosts Subscriber Forecast, Citing Stay-at-Home Orders
The Hollywood Reporter reports: "Pivotal Research Group analyst Jeff Wlodarczak on Wednesday raised his subscriber growth estimates and stock price target for Netflix, citing...
Bob Iger “Actively Helping” Disney Amid Virus Crisis
The Hollywood Reporter reports: "Amid an unprecedented crisis, Bob Iger's hopes of finally stepping away from the Walt Disney Co. were all but totally...
What Will Entertainment Industry Schmoozefests Look Like In The Future?
Forbes reports: "The roster of cancelled industry schmoozefests amid COVID-19 is long: the film/tech/music festival South By Southwest, theater owners’ CinemaCon, the ad industry’s...
AT&T Unveils $5.5B Loan Amid Virus Crisis, Touts “Strength” of Subscription...
The Hollywood Reporter reports: "WarnerMedia owner AT&T on Tuesday said it has struck a deal for a $5.5 billion loan, boosting its liquidity amid...
Showbiz Stocks Surge From Theater Chains To Broadcasters On Glimmer Of...
Deadline reports: "Stocks rallied sharply Monday with many media shares outpacing the broader market as Wall Street – at least for today – evinced...
All Eyes On Zoom: How The At-Home Era’s Breakout Tool Is...
Forbes reports: "Zoom CEO Eric Yuan’s kids finally care about what he does for a living. Sure, they were there that morning in April...
