Candle Media sells Hello Sunshine production company for a low- to mid-eight-figure sum, a steep drop from its $900M acquisition in 2021.

The 10 largest owners now control 75% of local TV newsrooms across the U.S., tightening their grip on local news.

Newsmax publicly opposes the Pentagon's plan to livestream a public execution.

Character.ai files for bankruptcy, exposing the harsh financial reality facing many AI startups.