Results for: Comm+network+2026
Netflix agrees to acquire Warner Bros Discovery for $82.7 billion
Netflix has agreed to buy WBD’s studio, streaming platforms and IP for nearly $83 billion, contingent on WBD spinning off its cable networks by Q3 2026.
Echostar tells FCC it didn’t want to sell spectrum to AT&T, SpaceX
Executives said they abandoned plans to expand facilities-based wireless service over concerns the FCC could investigate or confiscate spectrum assets.
FIRST ON THE DESK
Freely adds CNN, Warner Bros Discovery channels as streaming lineup expands
Freely has added CNN Headlines and secured a 2026 streaming deal for six Warner Bros Discovery free-to-air channels.
TEGNA shareholders approve proposed Nexstar acquisition
Shareholders of TEGNA have signaled their approval of a proposed merger involving Nexstar Media Group, the companies announced on Tuesday.
Lawmakers accuse Paramount CEO of evading probe into Skydance merger
Two Congressmen have accused Paramount CEO David Ellison of sidestepping their questions into the company's August merger with Skydance Media.
Disney extends Chief Financial Officer Hugh Johnston’s contract through 2029
Johnston has served as one of the top executive lieutenants for Disney CEO Bob Iger as the company continues to build out its streaming-first vision.
Scripps sees core ad revenue bump, but overall revenue down during Q3
Scripps saw higher core TV advertising revenue during Q3, but overall revenue was depressed by lower carriage fees and a significant drop in political ad spending.
EARNINGS REPORT
WBD sees streaming gains, but box office woes weigh on Q3 revenue
The company added new subscribers to its HBO Max and other streaming services, but ongoing pressure in its movie and cable networks businesses contributed to lower overall revenue.
EARNINGS REPORT
Nexstar grabs $1.2 billion during Q3, advertising revenue drops
Nexstar saw its overall revenue dip more than 12 percent during the third financial quarter of the year.
EARNINGS REPORT
Sinclair CEO: Open season for broadcasters mergers, acquisitions
Two months after Sinclair said it was reviewing its businesses, Sinclair's top executive hinted the company is ready to buy.
Sinclair revenue drops on weaker advertising income during Q3
With political advertising dried up, Sinclair posted a year-over decline in total revenue, despite gains in its local media and tech businesses.
EARNINGS REPORT
WBD to launch HBO Max in Germany early next year
News of the launch comes amid Paramount's aggressive takeover offers, and as WBD prepares to spin out its cable networks from its streaming business.