News/Media

Warner Bros. Discovery Reports Larger-Than-Expected Quarterly Loss as Ad Revenue Drops

Warner Bros. Discovery disclosed a larger-than-expected quarterly loss, owing to decreased cable TV advertising income and Hollywood strikes.


ABC News President Kim Godwin Steps Down Amid Internal Backlash Over Leadership Style

ABC News President Kim Godwin, the first black woman to lead a broadcast network news operation, is leaving the Disney unit after growing concerns about how she was running the home of shows including..

MeTV Unveils Toons Network Dedicated to Showcasing Warner Bros. Classics; List of Cartoons Revealed

The list of cartoons includes iconic cartoons such as Bugs Bunny & Friends, Betty Boop, Scooby-Doo, Tom & Jerry, and more...

One America News Network Apologizes to Michael Cohen for Falsely Claiming Trump's Ex-Lawyer Had an Affair With Stormy Daniels

One America News Network removed a story alleging that Donald Trump's former lawyer Michael Cohen had an affair with porn star Stormy Daniels...


Latest News

Google Launches News Publication Center: How Publishers Can Take Advantage of the Tool
Google, the giant search engine, recently launched the Google News Publication Center. While European publishers don’t necessarily favor this concept, US publishers see it as a welcome opportunity fo
Pinterest wins new funding, raising valuation to $5 billion
Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards
US online publisher Glam rebrands as Mode Media after $15M funding round
Brisbane, California-based online publisher and ad firm Glam Media rebranded as Mode Media after raising $15 million in an unannounced funding round from undisclosed investors to launch a new video b
Formosa Plastics agrees to acquire Taiwanese cable firm Gala TV
Kaohsiung, Taiwan-based business conglomerate Formosa Plastics Group agreed to acquire a 95% stake in Taiwanese cable network Gala Television Corp (Gala TV) from Swedish private equity firm EQT Partne
Comcast to divest 3.9 million subscribers if Time Warner Cable merger pushes through
Comcast confirmed that it had plans to divest 3.9 million subscribers if the merger deal with Time Warner Cable would push through as it still awaiting regulatory approval.
California-based e-commerce startup Wanderful Media raises $14.5M in funding
Los Gatos, US-based e-commerce startup Wanderful Media raised $14.5 million in its fourth funding round from different media companies to launch a mobile app called Find & Save that aggregates local s
Times Media Group acquires Radio Africa Limited in a deal valued USD18.62 million
South African company Times Media Group has acquired a majority stake in Radio Africa Limited valued USD18.62 million, reported Ventures Africa.
French publisher Webedia adds Lebanese digital media firm Diwanee
Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.
South African firm Times Media picks up 49pct stake in Radio Africa in $18.6M deal
Johannesburg, South Africa-based media firm Times Media Group (TMG) picked up a 49% stake in Nairobi, Kenya-based broadcasting company Radio Africa Ltd in a deal valued at $18.62 million ZAR1.58 bill
Station 12 raising $250M to back growth rounds of media tech startups in Europe
UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
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