Disney Profit Falls on Weak Results From Fox
The results from the Fox movie studio were “well below” what Disney hoped for “when we made the acquisition,” CEO Bob Iger says.
Netflix Posts Record Quarterly Subscriber Gain
“What’s making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth,” an analyst says.
Netflix Posts Big Rebound in Subscriber Growth
The streaming giant's strong Q3 “serves as a comeback after it failed to meet its own performance predictions in Q2."
Netflix Shares Dive as Subscriber Adds Miss
The company suggests the lower-than-expected subscriber growth in Q2 was a temporary blip but analysts fear the quality of its programming has declined.
Netflix Tapping Junk Bond Market for $1.5B
The streaming giant goes back to the high-yield market to help fund its massive content needs.
iHeartMedia Files Bankruptcy to Cut Debt Load
America's largest radio station owner says "business realities" forced it into Chapter 11 despite its "impressive operating business."
Disney Shares Tumble on Weak Q3 Results
The company announces a major shift to streaming content as operating income from media networks, including ESPN, takes another dive.
Discovery Buys Animal Planet Owner for $11B
The combination with Scripps Networks Interactive is expected to give Discovery more clout as it negotiates with cable distributors and advertisers.