A billionaire with good intentions might be the best kind of owner for a media organization, former CNN chairman and Time managing editor Walter Isaacson told CNBC on Monday. » Read More
By: Sam Meredith
A drawn-out bidding war for one of the entertainment industry's most coveted assets will be decided by a sealed bids auction, unless there is a best-and-final offer by the end of the week. » Read More
The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. » Read More
The company announces that the executive producer of "60 Minutes" and former chairman of CBS News is stepping down but immediately his departure is not directly related to an investigation into alleged sexual harassment.
Investors should buy CBS on the dip, because it's an attractive target for a strategic acquisition, B. Riley FBR analyst Barton Crockett told CNBC on Monday.
"From a management point of view, holding the talent in place at CBS is going to be a challenge," USA Networks founder and former chairman Kay Koplovitz said.
Six women have come forward with new accusations of sexual harrassment or assault by CBS chairman and CEO Les Moonves, who is said to be in talks for a multi-million dollar exit deal.
CBS is near completion of a settlement that would both end its litigation with National Amusements — and sever ties with CEO Leslie Moonves, according to people familiar with the situation.
It's a big win for Amazon, as it builds out a content studio and funnels money into original content.
Samsung Publishing saw its stock surge more than 76 percent after its version of the children's song "Baby Shark" cracked the top 40 of the U.K. charts.
The Wall Street Journal reports that National Amusements would back off its attempts to reunify CBS and Viacom. In exchange, CBS would give up on its attempt to reduce the Redstone family's voting power.
Marie Donoghue left ESPN last year and has now joined Amazon to push its sports content.
American Media Chairman David Pecker and Chief Content Officer Dylan Howard were granted immunity for providing information on the federal case against Michael Cohen, Trump's former lawyer, according to several reports.
Private equity firms are circling local TV station owners such as Nexstar, Sinclair and Tribune, and some of these companies may look to consolidate by merging or buying more stations as well.
Tailgating's official sport cornhole has been airing on TV, at times becoming the most viewed sport, ahead of baseball and the Tour de France
Apple has purchased Rob McElhenney and Charlie Day's new comedy series, sources familiar with the matter said.
"A lot of shoes are designed for shelf appeal, without actually knowing how women feel in them," says the Jimmy Choo founder.
Twenty-First Century Fox reported fiscal fourth-quarter earnings that beat analysts' expectations for both earnings per share and revenue on Wednesday.
Despite the top and bottom line miss, the entertainment giant saw strong growth in its studio, parks and broadcast units.
A fixed-income strategy is key for investors who are retired or are approaching retirement. This special report details the range of tools and strategies used to manage a fixed income portfolio.
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