Author: Roger Cheng
Recent Post:
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ESPN Dives Into Sports Betting With Penn Entertainment Deal
ESPN is getting into the sports gambling business, striking a deal with entertainment and casino company Penn Entertainment to form ESPN Bet. ESPN Bet will launch in the 16 states that have legalized betting and where Penn already operates. Penn will rebrand its sports book and relaunch under the new name, and will include a…
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Fox Says Tubi’s Consumption Levels Are On Par With a Top 5 Cable Network
Fox Corp. is seeing a lot of momentum with its free streaming service Tubi. “We’re seeing an outstanding growth,” Fox CEO Lachlan Murdoch said on a conference call to discuss its fiscal fourth-quarter results. He noted Tubi’s revenue rose 47% in the period over a year ago. He also added that its total consumption grew…
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Netflix Games Are Coming to Your Television
Netflix isn’t playing games with its ambitions to be a site for streaming video AND video games. The company on Monday night quietly released the Netflix Game Controller app in Apple’s App Store, which will serve as a virtual controller for games streamed on your TV. A note at the bottom of the app said…
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Hallmark Media CEO Will Step Down
Wonya Lucas will step down as CEO and president of Hallmark Media at the end of the year. The company said on Tuesday that Lucas will continue to serve on the board. Lucas reported to Mike Perry, president and CEO of Hallmark Companies, who will assume her responsibilities. Lucas joined in 2020 — the height…
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Paramount Plus and Pluto Cost the Company $424 Million
Paramount’s big bet on streaming, from subscription services like Paramount Plus to its free ad-supported Pluto TV, continues to be a drag on the company. The media giant’s direct-to-consumer business posted a second-quarter operating loss of $424 million, bringing the company’s overall finances into the red. That’s despite the company crowing about subscription revenue growing…
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Why You May See More Free Games With Regional Sports Networks Struggling
With regional sports networks like Bally’s Sports and AT&T SportsNet flailing, it’s becoming harder to figure out where your favorite professional sports teams will be on air. Gray Television, a broadcast company that owns nearly 200 stations in 113 markets, is working to offer some of these games for free through an over-the-air antenna. The…
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Amazon Reportedly Meeting With FTC Ahead of Possible Antitrust Lawsuit
Amazon is meeting with the Federal Trade Commission next week to discuss a potential antitrust lawsuit that could break up the online retail giant. The meeting is a final chance for Amazon to make its case before the agency’s commissioners, headed by Chair Lina Khan, vote on whether to pursue a lawsuit, according to the…
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Dish’s $21 Billion Mystery: How Does it Build a 5G Network With So Much Debt?
Dish Wireless has spent a fortune building out a nationwide wireless network. But how many people will actually use it when it’s finished? That’s one of the key questions dogging Dish as the company is set to report its second-quarter results, expected later this month (Update: It lost another 188,000 wireless subscribers). The company is…
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Apple’s iPhone 15 Will Reportedly Launch in Mid-September
You can pretty much set a watch to Apple’s big iPhone event each year, and 2023 doesn’t look to break from tradition. The company is expected to hold its launch event on September 12 or 13, with the iPhone 15 phones coming out on September 22, according to Bloomberg’s Mark Gurman. The phones are expected…
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JetBlue Passengers Can Now Watch Peacock On Flights
JetBlue is offering its passengers another way to pass the time on its flight thanks to a partnership with NBCUniversal’s Peacock. The service kicked off on Monday, with passengers able to watch a library of content from the streaming service on JetBlue’s seatback entertainment touchscreens. Existing Peacock subscribers can stream the full library on their…