People

The year 2024 marked a significant increase in the net worth of the world’s wealthiest individuals, particularly those in the tech sector. What Happened: 2024 wasn’t a year of financial prosperity for all, with some billionaires in the luxury retail sector experiencing substantial...

Meredith Corporation (NYSE: MDP), a company that owns multiple TV stations, digital and mobile operations and other media platforms, agreed to acquire Time Inc (NYSE: TIME), the content company best known for operating People, Time, Fortune, and Sports Illustrated magazines. What You Need To Know...

Immediately after completing its acquisition of Yahoo! Inc. (NASDAQ: YHOO), Verizon Communications Inc. (NYSE: VZ) began trimming its expanding media portfolio. The Huffington Post, operated by Verizon subsidiary AOL, laid off 39 employees Tuesday, including the publication’s lone Pulitzer...

Time Inc (NYSE: TIME), which was spun off from Time Warner Inc (NYSE: TWX) in mid-2014, could be another casualty of an industry-wide malaise that has rendered print media on the brink of extinction. As print advertising revenues suffered, the company was striving to make a mark in the digital...

Shares of Weight Watchers International, Inc. (NYSE: WTW) gained more than 9 percent ahead of Thursday's market open. The reason for the surge is attributed to a report that major shareholder and board member Oprah Winfrey succeeded in losing over 40 pounds by following the company's...

Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Prime just got even better. The e-commerce giant has been dominating recently, as it looks to provide even more value by increasing the benefits of its prime subscription service. On Wednesday, the company announced the launch of of Prime Reading, an...

Gannett’s (NYSE: GCI) announcement last Tuesday that it planned to spin off its print business, including USA Today, into a separate company was only the latest of several recent media spinoffs. Here's a look at how the deal stacks up against the others. The Debt Question Gannett...