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
Alphabet and Disney on Friday announced that they’ve reached a deal to restore content from ABC and ESPN onto Google’s YouTube TV. The deal comes after a two-week standoff between the two companies that started on Oct. 31. The stalemate resulted in numerous live sporting events, including college football games and two Monday Night Football … Read more
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but … Read more