DreamWorks Animation's plans to lay off 500 people, overhaul management and release fewer movies was intended to reassure investors that the struggling Glendale studio was taking steps to right itself.
DreamWorks Animation stock tumbled after the studio announced layoffs and over $300 million in writedowns and charges.
Sony said Friday that it will miss its deadline to report its next quarterly earnings as a result of the cyberattack on its film unit late last year.
Forget free shipping, Amazon wants to make "Transparent" available for free.
Netflix shares surged 17% on Wednesday as Wall Street was encouraged that a jump in subscribers will help the streaming giant’s strategy to grow overseas.
Amazon.com is ready to join the big picture show.
Move over, Hollywood movie studios.
Fox has given out early season renewals for its breakout freshman dramas "Empire" and "Gotham" and seasoned comedy "Brooklyn Nine-Nine."