Thomas Fuller | Lightrocket | Getty Images Tubi hit profitability this year doing what other streaming services are trying to: attract younger audiences who are willing to sit through ads. The Fox Corp.-owned free streaming platform has long been among a sort of second tier of streaming services alongside lower-budget and less popular offerings like … Read more
Still from Disney’s “Avatar: Fire and Ash.” Disney The opening weekend for Disney’s “Avatar: Fire and Ash” was less of a blaze and more of a simmer. And that’s the expectation for the full theatrical run of the third installment in James Cameron’s Avatar franchise. During its first three days in theaters, “Fire and Ash” … Read more
CEO and President of Warner Bros. Discovery David Zaslav and CEO of Paramount Skydance, David Ellison. Mike Blake | Brendan McDermid | Reuters It’s time for everyone’s favorite holiday tradition — CNBC’s annual anonymous media executive predictions! CNBC spoke with 16 of the most powerful and influential executives in U.S. media, sports and entertainment, who … Read more
Federal Communications Commission Chairman Brendan Carr told a Senate committee on Wednesday that his agency is “not formally … independent.” Shortly after Carr made that statement, the FCC apparently removed the word “independent” in a description of the agency’s work on its website. Carr’s appearance before the Senate Commerce, Science and Transportation Committee was his first … Read more
Logos of Netlfix and Warner Bros. Reuters The Netflix and Warner Bros. Discovery deal came together quickly — but its path to regulatory approval may not be so speedy. Netflix stunned the media industry on Friday when it announced its proposed $72 billion deal to acquire the iconic Warner Bros. film studio and streaming service … Read more
Bank of America named a slew of stocks that remain best positioned heading into year end. The Wall Street investment bank says companies like Nvidia are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include: Palantir, Robinhood, Supernus Pharmaceuticals and Crane. Robinhood The stock trading company is “firing on all … Read more
The average NHL team is now worth $2.2 billion, according to CNBC’s Official NHL Team Valuations, 15% more than last year, as richer national media rights deals drive up franchise values. In April, the NHL and Rogers Communications agreed to a 12-year national Canadian media rights deal worth $7.79 billion, based on exchange rates as … Read more
Ariana Grande and Cynthia Erivo star in Universal’s “Wicked: For Good.” Universal Universal’s “Wicked: For Good” defied gravity at the box office, snaring an estimated $150 million from domestic ticket sales. It marks the second-highest opening weekend for a film released in 2025, just behind Warner Bros.’ “A Minecraft Movie,” which tallied $163 million back … Read more
US President Donald Trump, during a meeting with Mohammed bin Salman, Saudi Arabia’s crown prince, not pictured, in the Oval Office of the White House in Washington, DC, US, on Tuesday, Nov. 18, 2025. Nathan Howard | Bloomberg | Getty Images President Donald Trump on Tuesday called for ABC’s broadcast license to be revoked as … Read more
It was a volatile week for the stock market, with the Dow Jones Industrial Average hitting an all-time high before pulling back. Wall Street pulled money away from Big Tech and into more defensive sectors, such as health care and financials. The end of the longest-ever U.S. government shutdown and expectations for interest rate cuts … Read more