To much of Hollywood’s decidedly liberal base, Donald Trump is truly the enemy from within, a former reality show host who used the power of television to launch himself to the highest stage of world politics. “If I were wealthy today, I would not be buying stock in the entertainment world,” Stephen Galloway, dean of Chapman University’s Dodge College of …
Xinhua | Updated: 2024-08-14 10:34 NEW YORK - Paramount Global is restructuring its TV-production business as part of a cost-cutting effort and what the company said were significant changes in the TV and streaming marketplaces. Paramount on Tuesday said that Paramount Television Studios was shutting down at the end of the week, and that its sister TV unit -- CBS …
Walmart is buying the smart TV maker Vizio for $2.3 billion as it attempts to expand its rapidly growing advertising business to compete with Amazon. If completed, the deal would give Walmart access to Vizio’s SmartCast operating system, allowing the retail behemoth to offer its suppliers the ability to display ads on streaming devices. In its earnings release on Tuesday, …
The recent revelation that streaming behemoth Netflix lost subscribers for the first time in more than 10 years stunned Wall Street, spurring a massive sell-off of the company’s stock. “What we’re seeing right now is kind of a turning point for all the platforms to realize that just continuing to try to go get new customers by spending a lot …
