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The Latest Breaking News on Media

A new Australian media company has just launched. But who on earth is funding it?

Exclusive: Crikey has spoken to the people heading up a new media brand — but we have some questions about where the money’s coming from…

Crikey

Get 50% Off Paramount Plus for a Limited Time

For a limited time, you can score 50% off Paramount Plus — pay just $29.99.

Kiplinger

TJX Stock Pops After Earnings Show Consumers Crave Value

TJX stock is higher Wednesday after the TJ Maxx parent beat Q2 expectations and raised its full-year outlook. Here's what you need to know.

Kiplinger

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Disney drops bid to stop allergy death lawsuit with Disney+ smallprint

Corporation had argued claimant’s use of Disney+ meant he could not bring court case over death of wife

Evening Standard

Netflix Stock Hits All-Time High On Advertising Sales Success

Subscription streaming video leader Netflix on Tuesday said its upfront advertising commitments more than doubled this year.

Investors Business Daily

Disney Amenable To Let Court Decide On Florida Wrongful Death Suit

The Walt Disney Company has decided to allow the wrongful death lawsuit filed by a widower to be tried in court.

International Business Times

Amazon Prime announce pundits for new Champions League coverage

A host of big names will be on board when Amazon Prime kick off their Champions League coverage this season

FourFourTwo

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Disney drops bid to have allergy-death lawsuit tossed because plaintiff signed up for Disney+

Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+

The Independent UK

Disney backtrack on claim man couldn’t sue for wife’s death because he had Disney+ account

The case began when Jeffrey Piccolo, his wife Kanokporn Tangsuan and her mother ate at Raglan Road Irish Pub and Restaurant

The Independent UK

Edgar Bronfman Submits $4.3 Billion Rival Bid For Paramount Global

The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.

International Business Times

Cox Communications Takes Copyright Infringement Battle to the Supreme Court

According to the ISP, the outcome could disrupt connection for millions

Broadcasting & Cable

Venu Sports JV Put in Peril as Judge Grants Fubo’s Request for Preliminary Injunction

Small pay TV company wins legal bid to block Disney, Fox and Warner Bros. Discovery joint streaming venture

Multichannel News

Nexstar Fraudulently Collected $10.5 Million in Fees from DirecTV, Appeals Court Rules

Broadcaster concealed loss of NBC affiliation at WHAG

Multichannel News

Wrongful death suit against Disney serves as a warning to consumers when clicking 'I agree'

A wrongful death lawsuit against Walt Disney Parks and Resorts is serving as a reminder to consumers the importance of reading the fine print when signing up for a streaming service or smartphone app

The Independent UK

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The Guardian - US

Disney defends use of streaming terms to block restaurant allergy death lawsuit

Jeffrey Piccolo filed wrongful death suit for $50,000 after his wife died of an allergic reaction at Florida resort

Tom’s Guide

The Disney Plus price hike is ruining Hulu — here’s why

Disney's October 2024 price hike is ruining one of Hulu's best offerings. Here's why.

The Independent UK

Disney argues wrongful death suit should be tossed because plaintiff signed up for a Disney+ trial

Disney is asking a Florida court to dismiss a lawsuit brought by the widow of a New York doctor who suffered a fatal allergic reaction after eating at a restaurant in Disney Springs

Investors Business Daily

Walmart Earnings: Dow Retail Giant Soothes Recession Fears After Lifting Outlook

The retail leader offered an early entry. Its earnings report came amid signs of a consumer slowdown.

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news in one place.

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Investors Business Daily

Shopify Stock Today: How To Set Up This Profitable Options Trade After Earnings

Heightened market volatility could drive further significant moves in Shopify.

AAP

News Corp flags potential Foxtel buyer, rise in revenue

Foxtel could change hands with owner News Corp revealing a potential suitor for the pay-TV operator along with a rise in revenue for the American conglomerate.

Multichannel News

Paramount Reports $5.4 Billion Loss As It Writes Down the Value of its Cable Networks

Direct-to-consumer business shows $26 million profit

Marie Claire

Kesha Brushes Her Teeth With a Bottle of Jack to Celebrate 15 Years of "Tik Tok"—on TikTok

"Absolutely iconic behavior."

The Independent UK

Disney posts profit on streaming for first time but warns of downturn in theme park visits

Disney’s streaming profit comes after a series of subscription price hikes

Investors Business Daily

Netflix Stock Rises As Video Streamer Predicted To Raise Prices

Price hikes at Walt Disney's streaming video services open the door for Netflix to increase its prices, an analyst says.

Broadcasting & Cable

Disney Could Owe an Additional $5 Billion for Hulu if 3rd-Party Appraisal Jibes with NBCU's Valuation

Disney offers update on the arbitration process in its latest 10-Q filing

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