The deal would add the film-focused social platform to the Times' digital subscription portfolio at a reported valuation of more than 20 times Letterboxd's revenue.
Loop Media
the business of attention
Live · refreshes automatically
The lawsuit, filed Wednesday, challenges a recently passed state law aimed at limiting addictive social media features for users under 16.
The pioneering digital news site, founded in the wake of a San Francisco newspaper strike, said it would go dark the same day it announced the closure.
The stock posted one of its largest single-day declines as Democrats scored sweeping election victories, cutting the value of the president's stake.
Lionsgate greenlit the animated project about the assassin's origins, with Shannon Tindle directing and a script by Ryan and Kaz Firpo.
The Times now has 13.76 million total subscribers, with the CEO crediting human-made journalism for the growth.
Amazon is adapting Jack Carr's third Terminal List novel for the military thriller franchise, though it is unclear whether the project will be a season or a standalone series.
Final Nielsen figures show NBC leading primetime coverage while Fox News topped the later-updated cable race, ahead of CNN.
The studio narrowed its net loss as the Michael Jackson biopic and increased episode deliveries lifted results, amid ongoing takeover speculation.
Meta indefinitely delayed terms that would have let it scrape websites of Business account users, as UK publishers accused it of holding them over a barrel.
The social platform's quarterly revenue came in below expectations, sending the stock sharply lower.
The UN human rights office called out the arrest, disappearance and detention of journalists in the case, raising press freedom concerns.
The intensified investigation revisits the 2022 leak of the Politico-published draft opinion.
The large-format exhibitor credited the strong theatrical slate for record third-quarter results.
The exhibitor rode an improving theatrical slate to its best quarter as the box office recovery continued.
The concert giant's CEO said artists are reaching more fans than ever and attendance is hitting record levels.
The Disney Television Studios communications executive took a voluntary early retirement offer after a career spanning Fox and Disney.
The governor said the death penalty is incompatible with California's values, converting the state's death sentences.
The New York Times, News Corp, People Inc. and Reuters grew revenue even as AI disruption pressures referral traffic.
The state suit accuses Meta of benefiting from fraudulent advertising on its platforms.
Nielsen data showed more traditional TV viewers choosing NBC's midterm coverage while suggesting broader changes in news viewing habits.
The state action adds to a widening set of lawsuits against platforms over harm to users.
CJR reported that the fast-growing betting platforms are financializing everything and reshaping coverage to fit their business interests.
Bloomberg reported the social media company's shares hit a record low following the midterm results.
The independent Russian paper is closing, with an archival project preserving its reporting in exile.
The UK trade body urged the government to back regulators over Meta's proposed new terms for publishers.
The $17 billion deal could accelerate consolidation in retail media while raising questions about costs, data and measurement.
The funding is split across 50 publishers and seven industry projects as pressure on local journalism grows.
Digiday reported that ad growth is outpacing proof that the format works for advertisers.
The animation company is pursuing a blank-check vehicle aimed at acquisitions in media and entertainment.
The Manchester Evening News editor warned that local journalism could be lost permanently without intervention.
Americans bet on the midterms as the platforms became a source of election news.
The late-night hosts attacked the president over Republican losses and urged him to resign.
The outdoor advertising company disclosed its quarterly results and held an earnings call.
Australian theatrical revenue reached its highest level in years amid a global box office rebound.
Mediaite questioned whether coverage of the Texas governor's race and other contests reflected lazy, sexist or racist assumptions.
Brands are auditioning alternatives to the identity graph company now that Publicis has closed its acquisition.
The two hosts argued about the meaning of the election outcome for the president.
Marketers and agencies increasingly use AI to draft media and creative briefs, a practice some see as a warning sign.
He will oversee the streamer's consumer products licensing, retail business and experiences like Netflix House.
The UK media company is moving its New York offices in a Manhattan real estate deal.
The media SaaS company reported a sharp rise in quarterly profit.
Sports marketing leaders from the NBA, WNBA and Reebok outlined a new playbook for athlete partnerships.
The role will be divided between two veteran executives after Buetikofer's departure.
The Australian broadcaster changed its corporate name following a restructuring.
The longtime AmEx executive succeeds Elizabeth Rutledge on Nov. 30.