Netflix’s latest deal marks a significant update in the entertainment landscape. In a press release, Netflix confirmed it has agreed to purchase Warner Bros. Discovery Inc. in a deal with a total enterprise value of approximately $82.7 billion ( equity value of $72.0 billion). The agreement, approved unanimously by the boards of directors of both companies, states that the acquisition includes Warner Bros.’ film and television studios, HBO Max, and HBO, but not Discovery. The deal is projected to be finalized in the third quarter of 2026 as Warner Bros. Discovery Inc. separates Discovery Global, its Global Networks division, into a new publicly traded company. Greg Peters, co-CEO of Netflix, noted in the press release that the acquisition will position the company to reach a broader audience while scaling its business model in the decades ahead, ensuring customers have an optimal streaming service and improving the entertainment landscape, which will also benefit shareholders....
iHeartRadio is making its stance loud and clear when it comes to AI’s use on its platform. According to Billboard, Tom Poleman, iHeartRadio’s chief programming officer and president, said in a letter that the company will not be using AI-generated personalities or “play AI music that features synthetic vocalists pretending to be human.” Additionally, its podcasts published will follow this new program, “Guaranteed Human,” as well. “…iHeart is one of the last truly human entertainment sources and our listeners come to us for companionship, connection, and authenticity — something AI can’t replicate,” Poleman said. The announcement comes at a time when AI artists are making waves in the music industry, including Solomon Ray, an AI-generated “Mississippi-made soul singer,” with an EP called “A Soulful Christmas,” Christian Today reports. Christopher “Topher” Townsend, a conservative Hip-Hop artist, is the human behind Solomon Ray. The AI artist he created has garnered more than 324,000...
AT&T has adjusted its policies around diversity, equity, and inclusion (DEI). According to a Dec. 1 letter shared on X, the company had been examining recent executive orders, Supreme Court rulings, and direction from the U.S. Equal Employment Opportunity Commission (EEOC). This has informed AT&T’s decision to dismantle “DEI-related policies.” The company also stated plainly that it “does not and will not have any roles focused on DEI.” The letter further said AT&T will remove DEI training and career development as well as internal and external messaging to comply with the EEOC. “AT&T has always stood for merit-based opportunity, and we are pleased to reaffirm our commitment to equal employment opportunity and nondiscrimination today,” the letter mentioned. “Consistent with applicable law, our multi-pronged approach allows employees to thrive in an environment free from invidious discrimination.” AT&T’s announcement follows its November 2024 agreement to purchase wireless spectrum...
Former Miami Heat player Udonis Haslem is looking to put an FTX-related lawsuit behind him. Lawsuit Explained According to Yahoo! Sports, an $11 billion class action lawsuit was filed in Florida in November 2022 against FTX Founder Sam Bankman-Fried and a handful of celebrities, including Haslem, Stephen Curry, Naomi Osaka, Shaquille O’Neal, Tom Brady, and others who had promoted the cryptocurrency exchange company in ads and other marketing. Earlier that November, FTX filed for Chapter 11 bankruptcy protection and went defunct. Claims in the lawsuit said the defendants were promoting the exchange in a “fraudulent scheme” that was “designed to take advantage of unsophisticated investors from across the country, who utilize mobile apps to make their investments,” per AFROTECH™. O’Neal settled for $1.8 million without admitting wrongdoing back in June 2025. “We are pleased to have this matter behind us,” counsel for O’Neal said in a statement, according to CNBC. Haslem Reportedly...
Louis Carr is the new president of BET. According to a press release shared with AFROTECH™, Paramount announced that Carr will step into the role after nearly four decades at the company. He is credited for his efforts in the multicultural advertising landscape and for bridging the gap between global corporations and Black and Brown communities. Under his leadership, BET has secured partnerships with Procter & Gamble, Walmart, Unilever, McDonald’s, Meta, and Toyota, among others. Carr’s impact at BET led to billions in advertising sales and investments in diverse communities. “Louis’ leadership has been integral to BET’s success for nearly four decades,” said Paramount TV Media Chair George Cheeks, to whom Carr will report in his newly appointed role, according to the release. “His vision for the future will drive innovation, deepen BET’s cultural impact, and position the brand for continued growth.” Carr will be tasked with carrying forward BET’s foundation of strengthening its...
Kayla Rowe turned pain into a business empire that is helping countless women and raking in major revenue. Rowe is a University of South Florida alum with a degree in public health , which she obtained in 2015, according to information on her LinkedIn. Her mother also planted the seed for her interest in health as a certified nursing assistant, Ebony reports. However, the catalyst for Rowe becoming a founder came after experiencing a miscarriage when she was five months pregnant in 2021. “That was very hard for me,” she told Ebony. “After that happened, I became more aware of everything, what I was eating, putting on my body, [and] I just became more cognizant and aware of health.” Her Fantasy Box A year later, Rowe launched Her Fantasy Box, a plant-based feminine hygiene and wellness brand. With a focus on transparency, safety, and women’s wellness, Rowe shared that it was important for ingredients to be nontoxic and not include parabens, phthalates, and other harmful chemicals...
It’s a family affair over at the Shaq Brand. Walking Away From Reebok As AFROTECH™ previously told you, Shaquille O’Neal had a multi-million-dollar shoe deal on the table from Reebok. However, he walked away from the deal in 1998 to launch an affordable shoe line in partnership with Walmart. This was prompted after a mother told him that his younger fans couldn’t afford his shoes being sold by Reebok . O’Neal recounts on “The Big Podcast” that he went to his mom in hopes she would counter what the woman had said. However, his mother not only agreed but she also reminded him about his hometown of Newark, NJ. “She’s like, ‘Remember, you ain’t never had no shoes that cost more than $40.’ So, I said to myself, ‘All right, I’m gonna start my own line.’ I called Reebok and said, ‘Hey, we’re not going to renew.’ I had like $50 million on the table. I had no idea what I was going to do. So, I was thinking about where do my people go. Walmart. Walmart is the best distribution in the world....
Fanbase continues to find new ways for its users to profit from their content. The Atlanta, GA-based company was founded by Isaac Hayes III in 2018. Through its social media platform, users are paid from day one for their content, including videos, photos, audio, and stories, as AFROTECH™ previously told you. Fanbase is now teaming up with pocstock, a global diversity content company that offers royalty-free diversity stock photos, videos, and illustrations of Black, Hispanic, Asian, and Indigenous people, as well as people with disabilities. According to separate coverage from AFROTECH™ , pocstock secured $500,000 in seed funding in a 2023 round led by 9.58 Venture Partners, with a portion of the funding used to integrate AI to improve the customer experience and ensure photographers have access to “cutting-edge, diversity-imaging solutions.” “As with any frontier, especially technology, there will be a rush to get products out to the market,” pocstock CEO Steve Jones said in a...
What began as unfamiliar territory for Haley Bryant has become her mission — to democratize access to venture capital through her work at Hustle Fund. The Boston native comes from a family of entrepreneurs. Her father worked at Bank of America in London and later launched an investment business and then a consultancy. She was inspired to bet on herself throughout her career by observing her father’s blueprint as well as that of other family members. Her mother owns a public policy consultancy, and her sister is a leader of Sick Sad Girlz Club, a community of more than 30,000 women with chronic illness. Bryant initially planned to become a journalist and attended the University of Virginia, earning a degree in media studies and communications by 2010. However, she was always drawn to technology, she says, which led her to Apple and its retail stores after college. She onboarded as an associate and, within four years, rose to senior manager, leading stores that were earning millions...
Quitting isn’t an option for college student and founder Elijah Khasabo. The 22-year-old is currently enrolled at the University of Massachusetts, Amherst, studying marketing. His ambition is evident beyond his studies, as he is also a co-founder of Vidovo, a platform that makes it easy for brands to connect with and hire user-generated content (UGC) creators and influencers, according to its website. The platform also improves the content creator experience for its growing network, which will have access to hundreds of brands after onboarding. On LinkedIn, Khasabo shared that he had just $19.12 to his name when he launched Vidovo at age 19 from his bedroom just over two years ago . Vidovo has been bootstrapped, and it was built without any connections. Khasabo wanted to quit various times, but credits his mother for instilling his spirit of perseverance. “It didn’t matter that I had nothing. I had the drive, and honestly that was enough to start. It made sense on paper, brands were...
Grammy-nominated producer Joseph Macklin has created a media hub for Kansas City, MO, creatives. According to The Kansas City Star, he was inspired to start a media hub to ensure people in Kansas City didn’t feel they needed to move elsewhere to make their dreams a reality, as he did. Known as Jo Blaq, Macklin has worked with talents such as Ariana Grande and Justin Bieber as a result of his move to Los Angeles. He split his time between Los Angeles and Kansas City from 2016 to 2019, before deciding to move back to his hometown. “Kansas City has the most talented people in the world,” Macklin explained to The Kansas City Star. “The thing about LA and other cities is they have the etiquette, they have the connections. They have been there, and they’ve seen it. We have the talent in every capacity, they just need the guidance (and) the mentorship.” DISTRKCT Macklin’s solution, DISTRKCT, spans more than 7,000 square feet and features four recording studios, a computer lab, private...
A vending machine has opened to feed families in The Bronx. According to a report from the New York State Department of Health in January 2024, among New York City boroughs, The Bronx had the highest percentage (39%) of people who were food insecure. Challenges may have only heightened after Supplemental Nutrition Assistance Program (SNAP) benefits were halted during the recent U.S. government shutdown, as AFROTECH™ previously reported. Although benefits were restored, estimates from the Congressional Budget Office report that, as a result of President Trump’s Big Beautiful Bill, 2.4 million people could lose SNAP benefits altogether between 2025 and 2034. The bill adjusted requirements for those receiving SNAP, and now individuals will have to work, volunteer, or participate in job training totaling at least 80 hours per month, CNN reports. If they don’t meet the requirement, they can only receive SNAP benefits for three months every three years. Change Food For Good, a New York...
Google has unveiled a new project that will reduce the environmental impact of AI on Earth. The tech company unveiled Project Suncatcher, which aims to launch data centers in space powered by solar energy, Business Insider reports. Google is exploring bringing the project to life through a web of solar-powered satellites, equipped with its Tensor Processing Unit AI chips, according to a press release. The project aims to “one day scale machine learning in space.” “Inspired by other Google moonshots like autonomous vehicles and quantum computing, we’ve begun work on the foundational work needed to one day make this future possible,” notes the press release. Google CEO Sundar Pichai confirmed that the company plans to launch the space data centers by 2027. “We’ll send tiny, tiny racks of machines, and have them in satellites, test them out, and then start scaling from there,” Pichai said, according to Business Insider. “At Google, we’re always proud of taking moonshots. One of our...
AI is already capable of replacing nearly 12% of the U.S. workforce, according to a recent Massachusetts Institute of Technology (MIT) study. This was determined by the Iceberg Index, which is a “skills-centered measure of workforce exposure in the AI economy,” according to a research paper. The tool was created by MIT in partnership with Oak Ridge National Laboratory (ORNL), and it can reportedly predict how the U.S. workforce can be impacted by AI and related policy, according to CNBC. “Project Iceberg enables policymakers and business leaders to identify exposure hotspots, prioritize training and infrastructure investments, and test interventions before committing billions to implementation,” the report said, per CNBC. At this time, the index does not show when or where jobs will be lost. It was used to analyze 151 million workers, covering more than 32,000 skills across 923 occupations across the country, and assessed whether AI is already capable of taking over those skills,...
Timbaland is in favor of a new agreement that is set to benefit a wave of artists in the age of AI. Timbaland has been an advocate for AI, even as it ruffles the feathers of various artists, especially following Xania Monet’s foray into the industry. As AFROTECH™ previously told you, Monet is an AI-powered artist who faced criticism from Kehlani, K. Michelle, and Victoria Monet. Monet, created by Mississippi poet and design studio owner Telisha Jones, is signed to a multi-million-dollar record deal and has also charted on Billboard. “You better check out xania monet who’s killing it good music,” Timbaland commented in a post shared on Instagram, as AFROTECH™ previously reported. Timbaland’s endorsement shouldn’t come as a surprise. He became a strategic advisor for Suno, a music creation tool powered by AI, in October 2024, according to a press release. “When I heard what Suno was doing, I was immediately curious,” Timbaland said in the release. “After witnessing the potential, I...
