K-pop stars BTS to serve military duty
By Elisa SEOUL – K-pop boy band BTS will go off on mandatory military service, starting shortly with oldest member Jin, their agency said on Monday. Jin, 29, has put …
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Massive ‘Grand Theft Auto 6’ gameplay leak confirmed by Rockstar Games
By Barrabi A massive leak of early gameplay footage from the highly anticipated “Graft Theft Auto VI” video game is authentic, devastated developer Rockstar Games confirmed on Monday. The developer …
Read MoreDisney CEO Bob Chapek says price hikes may hit Disney World, Disneyland again
By Steigrad Disney World and Disneyland customers may soon be getting hit with another round of price hikes, according to Disney CEO Bob Chapek. After raising prices across Disney’s streaming …
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Disney World prices up 3,871% in 50 years – more than wages, rent and gas
By Steigrad The tab for admission tickets to the Disney World and Disneyland theme parks has jumped more than 3,871% in the past 50 years – dwarfing increases in visitors’ …
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Netflix loses nearly 1M subscribers, forecasts return to growth
By Steigrad Netflix lost nearly 1 million subscribers in the most recent quarter – the latest evidence that the streaming giant is getting picked apart by rivals and is running …
Read MoreUniversal Music Group acquires Frank Zappa’s catalog of music
By Elisa Universal Music Group on Thursday announced an agreement to acquire rock guitarist and composer Frank Zappa’s catalog of music, recordings and film archive for an undisclosed fee. Zappa joins other …
Read MoreJustin Timberlake sells his song catalog for $100M
By Steigrad Singer Justin Timberlake became the latest artist to cash out his song catalogue, selling the rights to such hits as “SexyBack” and “Cry Me a River” to a …
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Netflix stock slides 26% as service bleeds 200,000 subscribers
By Elisa Netflix said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted more contraction ahead, marking an …
Read More Netflix to create five new Dr. Seuss animated shows
By Zilber Netflix is “uncanceling” Dr. Seuss a year after six of the author’s famous children’s books were forced out of print due to allegedly racist imagery. The streaming giant …
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Sony buying video game developer Bungie in $3.6 billion deal
By Barrabi Sony is buying prominent video game developer Bungie for $3.6 billion – a blockbuster deal that underscores the intense competition between the PlayStation maker and its chief rival, …
Read MoreErotic app Quinn, founded by Snapchat CEO’s sis, has 300K subscribers
By Zilber The “audio porn” app created by the sister of Snapchat founder Evan Spiegel is gaining traction as it recently surpassed 300,000 subscribers. Quinn, which offers erotic content geared …
Read MoreRapper stabbed at LA festival, Snoop and 50 Cent shows canceled amid chaos
By Reilly Drakeo the Ruler was reportedly stabbed at the Once Upon A Time In LA music festival, leading organizers to cancel the event. Drakeo was stabbed in area behind …
Read MoreRoku to develop more than 50 shows over next two years
By Steigrad Roku plans to develop more than 50 original shows over the next two years in a bid to drive more customers to its Roku Channel, according to a …
Read MoreSpotify CEO says COVID slump ‘behind us’ as podcasts fuel ad rebound
By Steigrad Music streaming giant Spotify said it continued to grow its subscriber base and advertising revenue thanks to podcasts in the third quarter, as the effects of the pandemic …
Read MoreAMC will let people buy movie tickets with cryptocurrencies
By Alexandra AMC, the world’s largest cinema chain, said it plans to accept a range of cryptocurrencies including Bitcoin for movie-ticket and concession purchases. AMC boss Adam Aron broke the …
Read MoreHBO expected to lose 5M subscribers after leaving Amazon Prime
By Steigrad HBO is expected to lose 5 million subscribers when it leaves Amazon Prime Video’s streaming platform, according to a report. Amazon sent messages to subscribers earlier this month …
Read MoreDisney’s ‘Shang-Chi’ smashes box office records over Labor Day weekend
By Fikenscher Disney’s “Shang-Chi and The Legend of the Ten Rings” smashed Labor Day box office records, generating $71.4 million in ticket sales for the holiday weekend. The movie was …
Read MorePenn National to buy sports-betting firm Score Media for $2 billion
By Elisa Penn National Gaming will buy Canadian sports-betting firm Score Media and Gaming for nearly $2 billion in cash and stock, the companies said. The deal comes on the heels of …
Read More Sony boasts 10 million PS5 units sold since November launch
By Elisa Sony Group said its PlayStation 5 (PS5) gaming console has sold more than 10 million units since launching last November, outstripping sales of its predecessor even as the Japanese …
Read MoreWarner Bros. to produce more than 10 movies for HBO Max in 2022
By Steigrad Hollywood studio Warner Bros. will produce at least 10 movies exclusively for streaming service HBO Max in 2022, according to WarnerMedia CEO Jason Kilar, who oversees both divisions. …
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