News/Media

New CNN CEO Mark Thompson Lays Off 100 Employees in Major Restructuring Effort

CNN's new CEO Mark Thompson initiated his first major restructuring effort by laying off 100 employees, marking a significant move as he attempts to revitalize the struggling cable channel.


Former CBS Anchor Jeff Vaughn Files Discrimination Lawsuit Against Network

Former CBS anchor Jeff Vaughn has filed a discrimination lawsuit against the network and its parent company, Paramount Global...

'Inside Out 2' Hits $1 Billion Globally, First to Achieve Milestone Since 'Barbie'

'Inside Out 2' has grossed $1 billion at the global box office, becoming the first film to achieve this milestone since 'Barbie' and breaking the record previously held by 'Frozen 2' for the fastest a..

MTV Pulls Plug on News Website Archives A Year After Paramount Disbanded News Unit

The MTV News website has been completely expunged a year after Paramount Global dissolved MTV’s news unit, marking a sad day in music journalism...


Latest News

Online video site Vessel bets fans will pay for early access
Online video platform Vessel launched its paid subscription service on Tuesday, offering programming at least three days before other websites in a bid to reshape an industry dominated by free content
Apple TV entices networks with promise of mobile viewers
Apple Inc's planned video streaming service may not be a tough sell for media companies who could be enticed by the company's ubiquitous iPhones and iPads, which represent a new stream of growth for a
Apple in talks to launch online TV service
Apple Inc is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter.
Apple pies and iPads sweeten China's dreaded TV expose
From cut-price apple pies to free iPads, companies in China are transforming Sunday's dreaded consumer rights day into a shopping frenzy, to blunt the impact of being named and shamed in state broadca
China's Wanda seeks to raise $203 million in scaled-back IPO
China's biggest movie theater operator Wanda Cinema Line Corp is seeking to raise 1.26 billion yuan ($203.26 million) through an initial public offering, scaling back its original listing plan, people
YouTube's release of 'The Interview' a chance to show off paid video chops
Google Inc's decision to screen Sony Pictures' film "The Interview" may help legitimize its YouTube platform as a serious rival to paid video streaming services, Netflix and Amazon.com Inc.
In plot reversal, Sony sends 'The Interview' to 200 theaters
Sony Pictures will allow "The Interview" to play in more than 200 U.S. theaters as of Christmas Day, reversing its decision to pull the film, after coming under criticism from President Barack Obama a
Australian cinema chain Hoyts sold to Chinese investor Sun Xishuang
Australia's Hoyts Group said on Tuesday it has been sold by its private equity owner Pacific Equity Partners (PEP) to an investment vehicle set up by Chinese entrepreneur Sun Xishuang.
U.S. FCC pauses Comcast-Time Warner merger review until January 12
U.S. Federal Communications Commission on Monday once again paused its review of the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, citing delays in getting documents from Time
Lions Gate tried to discuss merger with Sony, leaked emails show
Movie maker Lions Gate Entertainment Corp executives last summer tried to meet with Sony Corp CEO Kazuo Hirai to discuss a possible merger or acquisition, according to emails found in documents stolen
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