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August 12, 2020
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Sumner Redstone handed a media empire to his daughter, Shari, who now controls its fate

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CNBC – For more and to sign up click here Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, reacts as she celebrates her company’s merger at the Nasdaq Market site in New York, December 5, 2019. Brendan McDermid | Reuters Sumner Redstone, who died Wednesday at 97, built......
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NBCUniversal begins layoffs as it shifts focus toward streaming

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CNBC – For more and to sign up click here Signage for the NBCUniversal Inc. Peacock streaming service is displayed on a laptop computer in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Friday, April 17, 2020. Bloomberg | Bloomberg | Getty Images NBCUniversal has......
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Microsoft has until Sept. 15 to resolve a lot of thorny questions if it wants to buy TikTok

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CNBC – For more and to sign up click here In this photo illustration the logo of Chinese media app for creating and sharing short videos TikTok, also known as Douyin is displayed on the screen of an apple macbook pro computer on November 20, 2019 in Paris, France. Chesnot......
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Microsoft and TikTok doesn’t have to make strategic sense if the deal is simply too good to pass up

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CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., listens during an interview on The David Rubenstein Show in New York on Sept. 27, 2017. Christopher Goodney | Bloomberg | Getty Images Microsoft is in talks to acquire TikTok’s U.S. operations.......
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Comcast reports strong internet customer growth, 10 million sign-ups for Peacock

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CNBC – For more and to sign up click here Brian Roberts, chief executive officer of Comcast, arrives for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images Comcast reported its second-quarter earnings before the bell on Thursday, beating......
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ViacomCBS adds 70 shows to CBS All Access, will keep price the same and rebrand by early 2021

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CNBC – For more and to sign up click here Spongebob Squarepants Source: Viacom | Wikipedia ViacomCBS is adding 70 TV series to CBS All Access on Thursday and will continue to move shows from Viacom’s cable networks into the company’s flagship streaming service in the coming months before officially......
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Big Tech, including Apple and Facebook, report earnings late Thursday, which could mean a crazy market day on Friday

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CNBC – For more and to sign up click here Big Tech, including Apple and Facebook, report earnings late Thursday, which could mean a crazy market day on Friday SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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AMC strikes historic deal with Universal, shortening number of days films need to run in theaters before going digital

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CNBC – For more and to sign up click here Still from “Trolls World Tour.” Universal The feud between AMC Theaters and Universal Pictures, which started over the video on-demand release of “Trolls: World Tour” in March, is over. On Tuesday, the two companies announced an agreement that would see......
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Universal Studios cancels lucrative Halloween Horror Nights as coronavirus cases soar

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CNBC – For more and to sign up click here A general view of the atmosphere during Halloween Horror Nights opening at Universal Orlando Resort on September 14, 2018 in Orlando, Florida. Gerardo Mora | Getty Images Entertainment | Getty Images Halloween Horror Nights won’t be coming to Universal’s parks......
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These charts show why studios are likely to delay ‘Tenet’ and ‘Mulan’ again

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CNBC – For more and to sign up click here These charts show why studios are likely to delay ‘Tenet’ and ‘Mulan’ SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Hong Kong Disneyland to close July 15 as coronavirus cases spike

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CNBC – For more and to sign up click here A locked gate is seen after the Hong Kong Disneyland theme park has been closed, following the coronavirus outbreak in Hong Kong, China January 26, 2020. Tyrone Siu | REUTERS Hong Kong Disneyland will once again shutter its gates after......
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Disney Parks Chairman Josh D’Amaro feels ‘really good’ about Disney World’s reopening in Florida

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CNBC – For more and to sign up click here With Minnie and Mickey, Josh D’Amaro waves to guests gathered on Main Street USA, in the Magic Kingdom in the final minutes before the park closed, Sunday night, March 15, 2020, in Lake Buena Vista, Fla. Walt Disney World announced......
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The biggest media and technology companies are having an identity crisis

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CNBC – For more and to sign up click here Media and technology companies are having an identity crisis SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Disney confident in reopening this week even as coronavirus cases reach new highs in Florida

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CNBC – For more and to sign up click here Disney reopening this week even as coronavirus cases spike in Florida SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Universal shuffles horror movie slate as coronavirus pandemic worsens

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CNBC – For more and to sign up click here A scene for the movie Halloween released in 2018.  Source: Universal Studios As the coronavirus pandemic continues to worsen in the U.S., Universal Pictures is pushing a number of its upcoming horror films to new release dates. On Wednesday, the......
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Former Fox News Anchor Shepard Smith Joins CNBC as chief general news anchor with new evening show

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CNBC – For more and to sign up click here Shep Smith on Fox News Steven Ferdman | Getty Images CNBC announced on Wednesday that former Fox News anchor Shepard Smith is joining the network to host a one-hour evening news program on weekdays at 7 p.m. ET. The newscast,......
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The U.S. has granted more than 1,000 travel ban exemptions to pro athletes

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CNBC – For more and to sign up click here Alex Pietrangelo #27 of the St. Louis Blues holds the Stanley Cup following the Blues victory over the Boston Bruins at TD Garden on June 12, 2019 in Boston, Massachusetts. Bruce Bennett | Getty Images The U.S. has offered more......
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How Six Flags plans to survive coronavirus

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CNBC – For more and to sign up click here In early 2020, the Six Flags theme park chain found itself facing extinction for the second time in about decade, this time due to the coronavirus pandemic. But investors say a recent influx of needed cash and a renewed focus......

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