BUSINESS

The satellite radio giant is clearing its 2026 hurdles by locking in new long-term funding through 2032 to stay ahead of the financial curve.

Elysian Park Ventures leads a massive investment to establish pro dance teams in New York, Seoul, and Sydney for the IDL's first professional season.

Cris Abrego's company acquires over 600 hours of true-crime and paranormal hits, including 'The FBI Files' and 'A Haunting,' for global reach.

Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery paves the way for a new streaming giant aiming for over 200 million global subscribers.

Former NBA star Metta World Peace's company, 37 Partners, unveils "Perpetual Celebrity Commerce" (PCC), an AI platform for licensed digital likenesses to engage fans and monetize on platforms like

Ultra-short, serialized dramas like ReelShort are captivating US audiences, with mobile users spending more time on these apps than traditional streaming giants.

A recent Wrapbook survey of 100 finance and accounting professionals reveals that tightening budgets are the entertainment industry's top challenge, leading to more selective project greenlighting

Radian Arc, VNPT, Blacknut, and COMIT launch massive cloud gaming service with over 1000 premium PC and console titles, paving the way for future AI-native services.

CEO Robert Thomson confirms a three-year agreement to license Wall Street Journal and Times content for Meta's generative AI models.

Jackie 'O' Henderson officially ends her 22-year partnership with Kyle Sandilands, leading ARN Media to suspend the breakfast show and issue a misconduct notice.

Luxury cinema chain iPic Entertainment enters Chapter 11 to pursue a sale, announcing layoffs and the closure of its Redmond theater as ticket sales slump.

Disney is ditching subscriber counts for profits as Josh D’Amaro prepares to take over the CEO role on March 18.

CFO Sean Goodman confirms the cinema giant will shed underperforming sites following a challenging Q4 2025 as the company prioritizes profitable flagship theaters.

Retail media investment is expected to reach $196.7 billion this year as brands shift budgets from traditional television to commerce-driven digital channels.

The streaming giant walks away from a Warner Bros. Discovery acquisition, opting for a massive 2026 content budget and a $2.8 billion breakup fee.

AI talent studio Xicoia taps former Amazon Prime Video executive Mark Whelan to lead a massive expansion of its virtual actor ecosystem.

The three-day event concluded on March 4, 2026, with major hardware updates revealed across New York, London, and Shanghai.

The landmark three-year agreement brings over 200 iconic characters from Marvel, Star Wars, and Pixar to OpenAI's Sora and ChatGPT platforms.

The 50/50 partnership with RedBird IMI combines 'Big Brother' and 'The Traitors' into a massive 260,000-hour library.

The credit rating agency cites concerns over the combined entity's projected $79 billion net debt after Paramount Global's $110 billion acquisition agreement with Warner Bros. Discovery.