Warner Bros. Discovery stock sinks 15% as ad revenue falls, Zaslav warns of ‘generational disruption’

[ad_1] David Zaslav, President & CEO of Discovery Inc. Anjali Sundaram | CNBC Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected…

Paramount Global stock jumps for second straight day

[ad_1] Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023.…

Media stocks pop as Roku rally lifts the sector

[ad_1] A Roku Inc. remote in an arranged photograph in Hastings-on-Hudson, New York, U.S., on Sunday, May 2, 2021. Bloomberg |Getty Images Media stocks popped on Thursday as Roku’s 30%…

Roku stock soars on third-quarter revenue beat, solid outlook

[ad_1] A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company’s initial public offering at the Nasdaq Market in New York on…

ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

[ad_1] Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023.…

Roku stock jumps after company says it will lay off 10% of workforce

[ad_1] Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about…

Charter puts media companies on notice in bid to save pay-TV bundle

[ad_1] In this photo illustration, the Charter Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Charter Communications CEO Chris Winfrey…

Google TV gets 800 free channels

[ad_1] Chromecast with Google TV Google Google announced that starting Tuesday it’s adding more than 800 free channels to its Google TV app on the Chromecast streaming device and select…

Roku says 26% of its cash reserves are stuck in Silicon Valley Bank

[ad_1] A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September…

Roku will sell its first company-made smart TVs exclusively at Best Buy

[ad_1] A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September…