Shari Redstone will exit the Paramount Global board in 2025 once Skydance Media and RedBird Capital acquire her company, National Amusements Inc., and merge with Paramount. The new entity, temporarily named "New Pluto Global, Inc.," will have an 11-member board…

Comcast Technology Solutions has introduced its next-gen Cloud TV platform, offering broadcasters and video providers a managed solution to streamline multi-platform content distribution across linear, FAST, SVOD/AVOD, and more. With integrated tools for rights protection, advertising, and sustainability, Cloud TV…

Xumo, the Comcast-Charter JV, is expanding its retail reach by partnering with Target to sell Hisense-made Xumo smart TVs at nearly 2,000 stores and on Target.com. This partnership aims to boost Xumo's holiday sales and positions it against established smart…

Fox Corp reported an 11% revenue increase to $3.56 billion in its fiscal Q1, driven by strong performance in sports coverage, notably from UEFA Euros and Copa América tournaments under its “Summer of Soccer” initiative. Net income more than doubled…

Tubi is on track to become a $1 billion revenue generator for Fox Corp this fiscal year, thanks to a 19% sales increase in Q1 driven by targeted political advertising during the U.S. election season. The platform’s advanced geo-targeting capabilities…

Paramount Global is facing a class action lawsuit in California for allegedly sharing subscribers' viewing history and personal information with Meta and TikTok to facilitate targeted advertising. The lawsuit, seeking at least $5 million in damages, claims this violates the…

Disney has launched the Office of Technology Enablement (OTE), led by Jamie Voris, to oversee the strategic use of AI and emerging tech across its divisions. This new group aims to explore opportunities while mitigating risks, ensuring Disney remains a…

Allen Media Group (AMG) has expanded its Local Now streaming service by launching 10 city-specific, free news channels on The Roku Channel, providing real-time local news, weather, traffic, and sports. This move extends AMG's reach on one of the world's…

Comcast announced it is considering spinning off its cable TV channels into a new company, a move that led to a 4% jump in its stock on an otherwise down market day. The proposal, still in early stages, aims to…

Charter Communications will bundle ad-supported streaming services like Max, Disney+, and Paramount+ into select cable packages at no extra cost starting in early 2025. CEO Chris Winfrey outlined the phased rollout aimed at boosting subscriber retention and acquisition as traditional…