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The Latest Breaking News on Media

Is August the Time to Buy or Sell Walt Disney (DIS)?

Amid several challenges like lesser crowd numbers and declining subscribers, let’s see whether Walt Disney (DIS) could be a buy or a sell for August. Let’s look at its financial metrics to get an idea….

StockNews.com

Paramount’s Bob Bakish Touts Digital Advertising Growth

Direct-to-consumer advertising up 21% in Q2, while linear TV ads dropped 10%

Broadcasting & Cable

How to watch Only Murders in the Building season 3 online: stream the murder mystery from anywhere

Mabel gets the band back together when a Broadway lead dies on stage on opening night. Here's how to watch Only Murders in the Building season 3 online and on TV, from anywhere.

What Hi-Fi?

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read the most diverse news in one place.

Fubo Cuts Second Quarter Loss As ARPU Increases

Domestic subscribers down 118,000 to 1.167 million

Broadcasting & Cable

Should Airbnb (ABNB) Be Part of Your Watchlist This Week?

While the home-sharing giant Airbnb (ABNB) delivered a steady performance for the quarter ended March 2023, it issued a cautious outlook for the second quarter, citing affordability pressure. So, should you consider adding it to your watchlist ahead of its second-quarter results? Read on.

StockNews.com

Judge refuses to dismiss lawsuit against Disney’s efforts to neutralize governing district takeover

A judge in Florida has refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize a takeover of Disney World’s governing district by the Florida governor

The Independent UK

Charter Second-Quarter Net Falls as 189,000 Subscribers Cut the Cord

Advertising revenue drops 16.5%

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Disney's Lawyers Just Accused Governor DeSantis Of Being In 'Open Defiance Of Our Nation's Most Cherished Liberties'

Disney does not mince words in response to Ron DeSantis' attempt to get out of Disney World lawsuit.

Cinemablend

Comcast Earnings Jump Despite Peacock Losses, Cord-Cutting

Media business profits fall 18.2%

Multichannel News

Linda Yaccarino: does Twitter’s CEO have the most difficult job in tech?

She’s tasked with saving the company now called X, but Musk might be loth to hand over the reins of his $44bn vanity app

The Guardian - US

Spotify Stock Falls As Q2 Revenue Misses Consensus, MAU Growth Outlook Disappoints

Spotify's Q2 revenue of $3.46 billion falls short of expectations, while tepid MAU growth outlook weighs on investor sentiment.

Zenger

Prince Harry and Meghan Markle Probably Believe They Can "Earn More by Dividing and Conquering," PR Expert Says

They have a lot of living costs to cover.

Marie Claire

Music-streaming services: Pros and cons of Spotify, Apple, Amazon and more

Music streaming services aren’t created equal — here’s what you need to look out for.

Evening Standard

Spotify Stock Falls Despite Record User Growth

The addition of 36 million net new users - a quarterly record - wasn’t enough for Spotify investors.

Kiplinger

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Spotify's price rise has me eyeing Apple Music - unless they change one thing

Spotify recently announced that the price of a standard subscription would rise, bringing it level with Apple Music. With Apple's service offering lossless audio, I'm thinking about swapping.

StockNews.com

Buy, Hold or Sell: What Should You Do With These 3 Media Producer Stocks?

The entertainment industry has been under pressure due to macroeconomic challenges. However, its long-term prospects look steady. Therefore, while it could be wise to wait for a better entry point in Sony Group (SONY) and Tencent Music (TME), Walt Disney (DIS) might be best avoided considering its weak fundamentals. Continue…

Broadcasting & Cable

Fox Exec Michael Biard Jumps to Nexstar as President, COO

David Espinosa named president of distribution at Fox

Android Central

Spotify bumps up its Premium pricing for the first time

Music streaming services are on the verge of increasing their Premium offerings lately. Apple Music last year, YouTube Music this year raised their prices, and Spotify now joins the list as well.

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The Guardian - AU

Spotify increases premium price plans as streaming services feel strain

Change comes after streaming giant attempts to boost margins with job cuts and restructure of podcasting unit

Multichannel News

ESPN Fights for Its Future, Talking to NFL, NBA and MLB About Taking a Stake in the Network

Move to bring the leagues in as strategic partners comes as ESPN’s linear revenue growth has officially and finally come to a stop

Kiplinger

Spotify Subscription Price Hike Is Here

Music and podcast streaming giant Spotify announced the prices of its subscriptions are going up.

Windows Central

Spotify's cost just increased — here are the best alternatives

The cost of Spotify just went up. With the price increase, you may want to swap to a different music streaming service. Here are the best Spotify alternatives and how you can switch.

Tom’s Guide

Spotify Premium is getting a price hike — here’s how much more you’ll pay

Spotify just confirmed it will increase the price of its Premium plans — here's how much more subscribers will need to pay.

StockNews.com

Are Investors Buying up Shares of Walmart (WMT) This Week?

Walmart (WMT) started the fiscal year strong by reporting solid results in its first quarter and consequently raising its outlook for the next. However, amid the current market volatility dampening investors’ confidence, is the retail stock a sound buy now? Keep reading….

Evening Standard

What is YouTube Premium and how much does it cost in the UK?

With Google raising the price of the subscription in the US, now may be a good time to take the plunge into ad-free YouTube

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