DirecTV, the nation's biggest satellite provider, saw net profit surge 31% last quarter and the largest annual net subscriber gain in the company's history thanks to its Latin America biz, said CEO…
Advertising jumped but profit fell as Discovery Communications cited higher taxes and equity-based exec compensation and the cost of a big overseas deal.
Comcast snapped up the 49% of NBCUniversal still owned by General Electric for $16.7 billion and ahead of schedule as the Peacock network swung to a ratings rebound and tidy profit last quarter.
Fox Networks and Comcast have rolled up their deals into a sweeping new long-term distribution pact that includes features like full seasons of video-on-demand for many shows, live streaming and the…
Netflix and DreamWorks Animation will team on the streaming service's first original series for kids based on the Hollywood studio's upcoming summer pic "Turbo."
Snow turned rainy on a gray Gotham Monday but Wall Street shone its love on Starz Entertainment as the newly standalone group locked up movies from Sony Pictures through 2012, resolving the single…
CBS and Amazon have inked a SVOD licensing deal for the Eye's new Stephen King series "Under the Dome."
AOL CEO Tim Armstrong Friday boasted a long-awaited return to growth in 2012 for the first time in eight years as, he said, the firm works to build a "next generation" media and telecom company.
Redbox parent Coinstar profits dropped last quarter, and the stock got hammered as Wall Street frets over weakness at acquired kiosks, fewer DVDs released in January and too many moving parts in the…
Cablevision Systems has clinched a deal to sell Bresnan Broadband holdings, otherwise known as Optimum West, to Charter Communications for $1.6 billion in cash, the companies said Thursday.
Robust box office steered profit higher last quarter at Regal Entertainment, the nation's largest exhib, as net income surged nearly ninefold to $37 million from $4 million.