The pay-TV network made the announcement during Time Warner's annual investor day Wednesday.
A new report shows that twentysomethings are perfectly willing to subscribe to a streaming video service that gives them what they want, when they want, across devices ad-free. And increasingly they are getting that from alternatives other than cable.
How The DreamWorks Animation Sale Rumor Turned Worthless Stock Options Into A Small Profit For Jeffrey Katzenberg
Katzenberg bought more than 420,000 DreamWorks Animation stock options on Sept. 29, the first trading day after the Softbank deal rumor surfaced, and immediately sold them. They were set to expire on Oct. 27, and without the stock price pop from the deal rumor, they likely would have been worthless.
Jeffrey Katzenberg's desire to sell the studio he founded has been Hollywood's worst-kept secret for years. So why can't he make a deal?
Moving its set-top boxes and DVRs to a cloud-based delivery system positions Comcast to eventually offer a streaming video package with a smaller bundle of networks both inside and outside of its markets.
Universal Music Group, the world's largest record label, advertising agency Havas, and ad tech company Mirriad have teamed up to weave advertising campaigns directly into streaming music videos, including ones from years ago.
The start of the fall TV season marks the first real concerted effort by the big four broadcast networks – ABC, CBS, Fox, and NBC — to highlight viewers for a show over a full week.The move reflects the shift away from live television viewing for entertainment programming and is aimed at prying more money away from advertisers.
Stern statements from brands like Pepsi and Anheuser-Busch aren't really damaging the league. If they want to affect real change, they need to hit the league and its owners where it hurts most — in their wallets.
Lowe's led a nearly $30 million funding round in Porch.com, which connects homeowners seeking to do renovation projects with verified, licensed professionals. Porch competes in the nascent but growing field of home renovation matchmaking.
Welcome to my football fandom life.
The investment banker turned media mogul turned New York City mayor is heading back to run the company he founded. And as Bloomberg expands its news operation into magazines, politics, and more, his first order of business should be to buy CNN.
Fantasy Sports League FanDuel Raises $70 Million In Venture Capital Round Typically Reserved For Hot Tech Startups
Shamrock Capital Advisors led the round, joined by new investors NBC Sports Ventures and KKR. The new round is seven times larger than its last capital raise and brings FanDuel's total amount raised to $88 million.
A media mogul may be Twitter's best troll.
As many as 10% of HBO's 30 million subscribers are "non-revenue generating." A new report from Barclays Capital says converting half of those subscribers to paying ones would generate between $72 million and $144 million in cash.
AT&T To Roll Out High-Speed Broadband Service On Apple's Home Turf, May Expand It To Google's
Cupertino will be the first California market in which AT&T will deploy its fiber network. The telecommunications giant, whose $67 billion deal to acquire DirecTV is under regulatory review, may also expand the rollout to San Francisco, Oakland, and parts of San Jose, including Mountain View.
Of being a Time Warner Cable subscriber, Seth Meyers said, "It's not great, I don't love it." His comments came during an interview with BuzzFeed CEO Jonah Peretti as part of BuzzFeed Brews with CBS This Morning.
One day after withdrawing their offer to buy Time Warner, Rupert Murdoch and top deputy Chase Carey made clear they have moved on from the deal. In making those comments, which came as Fox reported fiscal fourth quarter 2014 earnings, the company puts the pressure squarely on Time Warner CEO Jeff Bewkes to perform.
The company outlined four key areas for growth on its earnings call Wednesday, among them a big push into the kids market and leveraging its library of new and old programming.
But the move could just be a negotiating ploy.
The NBC Nightly News anchor's relentless desire to be funny has reached the point of diminishing returns.