Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. Beyond that, it's anyone's guess when another franchise will change hands.Former Seahawks owner and Microsoft co-founder Paul Allen died in 2018. Since Allen's death, the team has been...
Edgar Bronfman, Jr.Cameron Costa | CNBCEdgar Bronfman Jr.'s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful.Bronfman is open to having Redstone, currently non-executive chairman at Paramount, remain involved with the company if the Paramount special committee...
The NBA logo is seen outside an NBA fan store in New York on July 8, 2024. Angela Weiss | AFP | Getty ImagesExecutives at Comcast's NBC Sports targeted the NBA's media rights renewal on their calendars for years. They wanted the NBA back after losing the games to Disney...
Paul Freedman, co-founder and CEO of the Oakland BallersPaul Freedman, a 45-year-old serial entrepreneur who has founded and sold five educational technology companies, decided last June he wanted a new type of venture: a baseball team.When MLB's A's announced last year they planned to leave Oakland, California, for Las...
The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesParamount Global's second-quarter revenue dropped 11% and missed analyst estimates as licensing, TV advertising and cable subscription sales dropped.Still, earnings surged as the company's streaming division swung to an unexpected profit — the first...
David Zaslav attends the world premiere of "The Flash", in Hollywood, Los Angeles, California, U.S., June 12, 2023.Mike Blake | ReutersWarner Bros. Discovery CEO David Zaslav needs a win. Soon.Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that...
A scene from Disney and Pixar's film "Inside Out 2."Courtesy: 2024 Disney | PixarHere's a surprise: Disney's media business isn't weighing down the company anymore.The primary Disney investor narrative since 2022 has been how streaming losses, combined with a declining traditional pay TV business and a string of box...
NBA analyst Charles Barkley talking on set before the New York Knicks game against the Cleveland Cavaliers at the then-Quicken Loans Arena in Cleveland, Ohio, on Oct. 25, 2016.David Dow | National Basketball Association | Getty ImagesCharles Barkley is not retiring and he is not leaving TNT Sports.The star...
Actor Jon Hamm playing Don Draper in Mad Men.Michael Yarish | AMC | APCall Don Draper, Venu Sports may have a marketing problemThe Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That's much more expensive than Netflix,...
Connecticut Sun forward Brionna Jones (left) and Los Angeles Sparks forward Cameron Brink (22) fight for ball possession during a WNBA game between the Sparks and the Sun on June 18, 2024, at Mohegan Sun Arena in Uncasville, CT.Anthony Nesmith | Icon Sportswire | Getty ImagesThe WNBA's new media...