Netflix's ad-supported tier, which launched in November 2022, has reached 70 million global monthly users.

Google will be restricted from paying fees or sharing revenue with companies in exchange for them choosing to not compete with Google's app store.

Netflix said its subscribers grew 16% to 269.6 million, but said it would no longer regularly report the metric starting next year.

Apple and its iPhone and App Store business have been eyed by the Department of Justice, which previously filed antitrust suits against Google.

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The host told production staff that Apple executives had raised concerns about certain subject matters he's potentially covering in the show, particularly China and artificial intelligence, according to The New York Times.
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Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.

Disney World's Star Wars: Galactic Starcruiser is closing and will make its final voyage this September after being open for only more than a year.

Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence.

The metal band announced that it had bought a majority stake in Furnace Record Pressing, which has been manufacturing its albums for years.

Automaker DeLorean Motor Co claims it’s owned five percent of the revenue from sales of merchandise and other Back to the Future-branded products.

The new-media company has been in sale talks with Greek broadcaster Antenna Group and has sought a valuation of around $1.5 billion.

Cinemas stocks got a boost after a report surfaced that Amazon plans to spend $1 billion a year on theatrical film releases.

Finance head Christine McCarthy told directors of her lack of confidence in the CEO after a calamitous November earnings call.

The social-media giant’s planned cuts are expected to affect many thousands of its workforce, which exceeded 87,000 as of September.

The sound's removal from the platform is 'due to a licensing issue'

During the three-month period ending June 30, Netflix reported a loss of only 970,000 subscribers. Last quarter, the company had a weak outlook for the second quarter and predicted a net loss of two million subscribers. While today’s results beat the projection, it is still the largest quarterly loss in the company’s history. The company […]