Latest Business news
Paramount Begins First Wave of Employee Layoffs
By Jon Lafayette published
15% staff cutback expected to be 90% done by the end of September
Hearst’s Very Local Streaming Service Hit by Layoffs
By Jack Reid published
The media giant’s streaming service quietly laid off dozens of staff
Dish and Sling TV Revenue Collapses, Down a Record 10% in Q2
By Jack Reid published
This might be the other shoe dropping for Charlie Ergen’s near-bankrupt parent company, EchoStar
Parsing Linear TV's Massive $15 Billion Correction
By Daniel Frankel, David Bloom published
Also in this week's 'Next Text,' we check in on Elon Musk's $44 billion propaganda machine, and we process all we loved (and loathed) about The Olympics
EchoStar Posts Q2 Loss as It Sheds 104,000 Pay TV Subscribers
By Jon Lafayette published
Revenue falls 9%
Warner Stock Plunges to All-Time Low Following $9 Billion Q2 Write-Down
By Daniel Frankel published
After losing the NBA and swinging back to a quarterly loss on streaming, investor optimism begins to fade
Crunchyroll Surpasses 15 Million Subscribers
By Jack Reid published
Sony's anime streaming service is less than a million subscribers short from being the 10th most subscribed to streaming service
NBA's New Orleans Pelicans Become the Latest Team to Bolt Bally Sports for a Local Broadcast TV Deal
By Daniel Frankel published
Team agrees to a multiyear partnership with Gray Television
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