AT&T’s WarnerMedia shuts down indie film streamer FilmStruck

AT&T’s WarnerMedia shuts down indie film streamer FilmStruck
AT&T Inc.’s T, -2.23% WarnerMedia is shutting down indie film streamer FilmStruck, FilmStruck announced Friday. “We would like to thank our many fans and loyal customers who supported us. FilmStruck was truly a labor of love, and in a world with an abundance of entertainment options,” FilmStruck said in a note on its website. WarnerMedia announced earlier this month it... Read More

Fox’s new OTT streaming service will launch in November

Fox’s new OTT streaming service will launch in November
21st Century Fox Inc’s FOXA, +1.16% Fox News will debut its new on-demand subscription-based service Fox Nation on November 27, John Finley, the company’s senior vice president of development and production, announced Thursday. Sean Hannity, Tucker Carlson, Laura Ingraham and Brit Hume will contribute programming to the new platform, which will be priced at $5.99 a month or $64.00 a... Read More

Travelzoo’s stock plummets to pace Nasdaq losers after earnings results

Travelzoo’s stock plummets to pace Nasdaq losers after earnings results
Shares of Travelzoo TZOO, -28.96% took a 34% dive toward a six-month low in morning trade Wednesday, enough to pace the Nasdaq’s decliners, after the travel and entertainment information company swung to a third-quarter profit, while membership was flat in North America. The company reported net income of $118,000, or 1 cent a share, after a loss of $576,000, or... Read More

Ticketmaster acquires blockchain technology company

Ticketmaster acquires blockchain technology company
Live Nation Entertainment Inc’s LYV, -0.37% Ticketmaster has acquired a blockchain technology company, the ticketing software company announced Thursday. The company, called UPGRADED, provides tech that converts traditional tickets into digital assets protected by blockchain. “Ticketmaster is constantly exploring emerging technologies, and there aren’t many that have the unique possibilities of blockchain,” said Justin Burleigh, chief product officer at Ticketmaster... Read More

Caesars’ stock soars toward biggest gain in 2 years after reports of merger interest

Caesars’ stock soars toward biggest gain in 2 years after reports of merger interest
Shares of Caesars Entertainment Corp. CZR, +13.09% shot up 13% on heavy volume in afternoon trade Wednesday, after reports that Tilman Fertitta, the billionaire owner of the Golden Nugget Casinos and the NBA’s Houston Rockets, is interested in a merger deal. Volume ballooned to 57.3 million shares, compared with the full-day average of about 13.8 million shares. The rally puts... Read More

Fox execs Peter Rice and Dana Walden will join Disney after acquisition deal is completed

Fox execs Peter Rice and Dana Walden will join Disney after acquisition deal is completed
The Walt Disney Company outlined Monday one way it DIS, +0.10% plans to integrate 21st Century Fox’s FOXA, -1.24% entertainment assets into its empire. The company announced plans for a new organizational structure for its Media Networks segment, under which several Fox executives will assume leadership roles. Peter Rice, the president of Fox and chairman and CEO of Fox Networks... Read More

Former White House aide Hope Hicks to join new FOX as chief communications officer

Former White House aide Hope Hicks to join new FOX as chief communications officer
The new FOX, the company spinoff that will be created after 21st Century Fox FOXA, -0.99% completes the $71 billion sale of its entertainment assets to The Walt Disney Company DIS, +0.21% has named former White House aide as executive vice president and chief communications officer. Hicks was the White House communications director and director of strategic communications from January... Read More

Hasbro gets a boost from board games and Play Doh

Hasbro gets a boost from board games and Play Doh
According to toy checks Stifel analysts conducted during the calendar-year third quarter, Hasbro Inc. HAS, -2.02% and MGA Entertainment, a privately-held toy company, were the “clear winners.” Hasbro got a boost from Jenga, Monopoly and Play Doh, while MGA’s LOL Surprise, a line of collectible dolls, was popular. Lego also performed better than previous periods, according to analysts led by... Read More