Starz saw total revenue slide again in the second quarter of 2026 — but the media company reported its first year-over-year growth in streaming revenue in 18 months. Company execs believe the business is turning around, and they’ve raised their outlook for adjusted OIBDA (operating income before depreciation and amortization) growth for full-year 2026 from
Shamone! Record-breaking biopic “Michael” helped Lionsgate‘s movie division turn in a profit of $105 million — its best-ever result for a June quarter. Lionsgate’s Motion Picture segment revenue of $587.3 million more than doubled from the prior-year quarter. The segment profit was up from a nominal $2.4 million in the year-ago period. The company said
Meta must pay a total of $942 million to address harm caused to children on its platforms, a New Mexico judge ruled Thursday. A jury in March found Meta liable for failing to protect kids and approved a $375 million fine. New Mexico state Judge Bryan Biedscheid issued a ruling Thursday ordering the company to pay
SoftBank contributed $50 million to the Trump Presidential Library in January, just months before announcing that it’s leasing land from the federal government to build a sprawling data center in Ohio. The Japanese company revealed the timing in response to a June letter from Sen. Elizabeth Warren (D-MA), Sen. Richard Blumenthal (D-CT), and Rep. Melanie
Four years after the collapse in the market for NFTs, the crypto world is still reckoning with the fallout. The latest example came on Wednesday when the Department of Justice indicted a man on securities and wire fraud charges for allegedly orchestrating a $10 million cryptocurrency scheme through his crypto startup, Few and Far. The
Get the Popular Science daily newsletter💡 Breakthroughs, discoveries, and DIY tips sent six days a week. By signing up, you confirm you are 16+, will receive newsletters and promotional content and agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time. A supernova’s death
