Warner Bros. Discovery Announces Historic Split into Two Major Divisions
Media giant Warner Bros. Discovery unveils plans to separate into Streaming & Studios and Global Linear Networks divisions in a groundbreaking restructuring effort. The strategic move, set for completion by mid-2025, aims to optimize operations and shareholder value in the evolving entertainment landscape.
Squid Game Creator Exhausted by Show's Massive Success and Netflix's Rapid Expansion
Creator Hwang Dong-hyuk expresses burnout from Netflix's aggressive development of the Squid Game franchise, which includes multiple seasons, a reality show, and gaming ventures. The Korean series' unprecedented success led to 330 million viewers and nearly $1 billion in projected value for Netflix.
Warner Bros. Discovery CEO Offloads $30M in Stock Amid Company Restructuring
David Zaslav sells 2.564 million shares while retaining significant ownership and stock options in Warner Bros. Discovery. The sale comes as the company plans a major reorganization into two divisions focusing on streaming/studios and cable TV by mid-2025.
Adele Hit 'Million Years Ago' Faces Global Streaming Ban in Plagiarism Battle
Pop icon Adele could lose millions as her 2015 song faces removal from streaming platforms following a Brazilian court ruling in a plagiarism dispute. The decision orders immediate global ban and threatens hefty fines, while composer Toninho Geraes seeks $160,000 in damages.
Roku Lands Major Deal for Exclusive X Games Streaming Rights
Roku secures exclusive streaming rights for X Games events in the US starting 2025, offering free access through The Roku Channel. The deal includes both winter and summer competitions, strengthening Roku's growing sports content portfolio.
Oscars Go Digital: Academy Awards to Make Historic Streaming Debut on Hulu
In a landmark decision, the 97th Academy Awards will be simultaneously broadcast on ABC and streamed live on Hulu in 2025, with Conan O'Brien hosting. This groundbreaking move aims to expand viewership beyond traditional TV audiences, potentially reaching over 30 million viewers across platforms.
Netflix's 'Wednesday' Wraps Season 2 Production, Sets 2025 Return
The Emmy-winning supernatural series 'Wednesday' has completed filming its second season, slated to return in 2025. The dark comedy phenomenon, which became Netflix's most-watched English-language series, promises more mysterious adventures at Nevermore Academy.
Squid Game Season 2: Netflix's Record-Breaking Series Returns with High-Stakes Mission
Netflix unveils the trailer for Squid Game Season 2, featuring Lee Jung-jae's return as Player 456 on a dangerous mission to destroy the deadly games from within. The highly anticipated follow-up to Netflix's most-watched series ever premieres December 26.
Netflix Makes Historic Move into French Daily Drama with TF1 Partnership
Netflix teams up with TF1 Group and Newen Studios to produce its first French daily drama series, 'Tout Pour La Lumière'. The groundbreaking collaboration will showcase a family saga centered on music and dance, with Netflix getting exclusive first-run rights before TF1's broadcast.
Disney CEO Bob Iger Cashes Out $42.7M in Stock Options Before Expiration
Disney CEO Bob Iger has sold over 372,000 company shares worth $42.7 million through vested stock options from 2014. The sale comes amid Disney's strong 27% stock performance this year and positive projections for its streaming services.