Spotify Q1 Revenue Rises 8%, Premium Subscribers Inch Up to 293 Million Amid U.S. Price Hikes

Thirty years after Barry Diller established IAC (InterActiveCorp.) as a media holding company, he announced that it will change its name to “People Incorporated” by its Q2 earnings in August. The name change is “to reflect its focus on its People publishing business and its stake in MGM Resorts,” the company said. IAC’s Dotdash Meredith […]

EXCLUSIVE: The Cult of NatureBoy will hit international screens in July. The series launches today on Hulu in the U.S., before rolling out July 15 across Europe, the Middle East and Africa. The series explores the rise of online spiritual leader Eligio Bishop, known as “NatureBoy,” who used social media platforms to recruit followers to […]

Paris-based sales company Indie Sales has concluded multiple deals for animated feature “Brave Cat,” which will world premiere at Annecy Film Festival in June in the Annecy Presents section. The film has been acquired by Gebeka (recently acquired by KMBO) for France, Cine Canibal for Latin America, Green Narae for South Korea, Distri 7 for […]

The mogul will shift to executive chairman as the company focuses on two core areas: People publishing and its stake in MGM Resorts. The company will lay off staff as it slims down.