media

In spite of regulatory hurdles and anticompetetive accusations, The Walt Disney Company completed their acquisition of Fox yesterday. Disney themselves value the deal at about $71 Billion, and say they expect to make at least $2 billion from it by 2021. As we've noted before, the deal could have...

A recent New Zealand study spotted by TorrentFreak said that "piracy isn't driven by law-breakers." Instead, it's reportedly driven by the availability and reasonably priced legal content. The researchers note that streaming services like Netflix, YouTube and Spotify are effectively doing "what...

The Los Angeles Times and Tribune Publishing have reportedly been hit by a "targeted" ransomware attack originating from outside the United States. Reports from the Times and the Chicago Tribune themselves say their servers started going down on Saturday, and that Saturday editions of the Wall...

Verizon has decided to shave 10% of the Oath workforce as it invokes more cost cutting measures in its effort to cut $10 billion in costs. Over 1,000 jobs at the company's Oath media business will be lost according to anonymous sources. Just recently Verizon laid off over 10,000 workers in its...

The Guardian reports that state-owned Russian media thought a man in a costume was actually a "hi-tech robot." The TV station's praise for the "robot" was preserved on YouTube, and Russian bloggers and journalists were immediately suspicious when the footage first aired. After some digging...

MarketWatch is reporting that Grand Theft Auto 5 has beaten out every other game and movie ever made, and is now the most financially successful media title of all time. Since its 2013 launch, GTA: V has sold 90 million units, putting it's total haul in the neighborhood of $6 billion. I'm...