Christopher Palmeri

CME Group Inc. and FanDuel are scaling back a joint effort to take on prediction market startups after failing to gain traction in a booming industry

DraftKings Inc. Chief Executive Officer Jason Robins said he doesn’t think it is good that bettors are placing prediction market wagers on what executives say on company earnings calls.

Bally’s Corp. warned investors of “substantial doubt” that it will be able to continue as a going concern as it risks running afoul of its agreement with lenders.

Bally's Corp. warned investors of “substantial doubt” that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders.

Paramount Skydance Corp. could get roughly $8 billion and some legal relief if it agreed to sell Warner Bros. Discovery Inc.’s Turner networks as a path toward settlings two lawsuits challenging the Warner acquisition, according to Bloomberg Intelligence estimates.

In life, Dolly Parton was a businesswoman as well as a world-famous singer. Her entrepreneurial efforts, everything from a Broadway show to dog treats, will continue for decades after her death, according to a statement Wednesday from her longtime manager Danny Nozell.

AMC Entertainment Holdings Inc. has created a new distribution unit that will release small to medium-budget pictures as a way of getting more movies in theaters.

A group led by actor Jon Voight is hoping to get legislation introduced this month in Congress that would create new federal tax incentives for film and TV production in the US, after receiving an endorsement from President Donald Trump this week.

A group led by actor Jon Voight is hoping to get legislation introduced this month in Congress that would create new federal tax incentives for film

The National Football League is holding off on making any alliances with prediction market companies even as many other top leagues and events embrace the new form of sports betting.