Discovery Profit Rises Despite Cord-Cutting and New Investments

Tencent Music Entertainment, China’s leading online music conglomerate, increased revenues and profits in its 2019 financial year. That follows growth in the number of paying subscribers and their average spend with the company.

Tencent Music Entertainment, China’s leading online music conglomerate, increased revenues and profits in its 2019 financial year. That follows growth in the number of paying subscribers and their average spend with the company.

NEW YORK -- Drake has landed his 208th song on the Billboard Hot 100 chart, setting a new record for most songs on the music chart.

Well that didn’t take long. Matt Colvin, who angered thousands of people after the New York Times ran a story about him profiting off of selling hand sanitizer bottles for a high price amid the growing Coronavirus pandemic, has admitted to donating them to a local church and first responders.

Matt Colvin, a man from Chattanooga, Tennessee, admitted to purchasing over 17,700 bottles of hand sanitizer and selling them at high prices to try and make a big profit with his brother Noah Colvin, in the midst of coronavirus fears, in a new interview with The New York Times. On Mar.

By Jill Goldsmith

The number of Canadians who last year cut the cord on their traditional cable, telco and satellite TV services set a new record, according to a report from Boon Dog Professional Services released Thursday. Canadian TV providers lost 278,000 subscribers in 2019, against a year-earlier 170,000 loss, the report found.

Bonhill mountaineer Ian Simpson has revealed that he’s hoping to launch a book charting his adventures.

Bad Bunny is heading for a historic debut on the Billboard 200 chart with his new album YHLQMDLG. Forecasters suggest the set, which was released late in the evening on Feb. 28 via Rimas, could debut at No. 2 on next week’s Billboard 200 chart and earn between 125,000 and 145,000 equivalent album units in the week ending March 5. That would mark the biggest week for a Latin album, in units earned, since Billboard began tracking titles by equivalent album units in December 2014.

Nicolas Cage and Riko Shibata are on the move.

Discovery on Thursdayreported higher fourth-quarter earnings despite lower ratings, continued cord-cutting and investments in its direct-to-consumer business as the bottom line result exceeded Wall Street expectations. Discovery CEO David Zaslav on the earnings conference call said the company recorded more than $700 million of "next-gen and direct-to-consumer revenue" in 2019 and was "well on our way" to exceed the milestone of $1 billion in 2020.

Former Empire actor Jussie Smollett is due to make an initial court appearance Monday (Feb. 24) on a new set of charges alleging that he lied to police about being targeted in a racist and homophobic attack in downtown Chicago early last year.

CHICAGO -- Former “Empire” actor Jussie Smollett is due to make an initial court appearance Monday on a new set of charges alleging that he lied to police about being targeted in a racist and homophobic attack in downtown Chicago early last year.

CHICAGO (AP) — Former “Empire” actor Jussie Smollett is due to make an initial court appearance Monday on a new set of charges alleging that he lied to police about being targeted in a racist and homophobic attack in downtown Chicago early last year.

Queen Latifah and Madalen Mills star in Ray Giarratana’s “The Tiger Rising.” The drama is based on Kate DiCamillo’s New York Times Bestselling children’s book and produced by Deborah Giarratana and Ryan Donnell Smith.  Highland Film Group is handling worldwide sales, which are under at the European Film Market in Berlin.

Queen Latifah and Madalen Mills star in Ray Giarratana’s “The Tiger Rising.” The drama is based on Kate DiCamillo’s New York Times Bestselling children’s book and produced by Deborah Giarratana and Ryan Donnell Smith.  Highland Film Group is handling worldwide sales, which are under at the European Film Market in Berlin.

NEW YORK -- When a new revival of “West Side Story” opens on Broadway, it will make history. The musical sees 33 young people making their Broadway debuts, a record.