Reuters Entertainment News Summary

CBS has the broadcast rights for over-the-air television in the competing-team cities while NFL+, league's live streaming service, will show the games on mobile devices in the United States. Swifties heartbroken after concerts cancelled due to foiled attack Taylor Swift fans grappled with sorrow, anger and disbelief on Thursday after the singer's three Vienna concerts were abruptly cancelled, following the government's announcement that security officials had uncovered a planned attack at the venue.

Following is a summary of current entertainment news briefs.

Paramount shares rise as steady streaming growth eclipses TV unit writedown

Paramount Global's shares rose as much as 6% in early trade on Friday as investors cheered strong growth at the media group's streaming business, even as the company joined rival Warner Bros Discovery in writing down the value of its TV assets. Paramount late on Thursday comfortably beat market expectations for earnings, propelled by its streaming unit posting its first quarterly profit in three years. The company also said it would cut 15% of its U.S. workforce.

Warner Bros Discovery slides as $9 billion write-down points to TV woes

Shares of Warner Bros Discovery plunged more than 11% on Thursday after a $9.1 billion write-down of the media giant's TV assets sparked doubts about its broadcasting business. The company reported a $10 billion net loss for the second quarter and missed Wall Street estimates for quarterly results, overshadowing strong streaming subscriber growth.

Rapper Travis Scott arrested in Paris for bust-up with security guard

Grammy-nominated hip hop star Travis Scott was arrested on Friday at Paris' luxury Georges V hotel for unspecified violence against a security guard, the Paris prosecutor's office said. Police arrested Scott, 33, after the security guard had tried to break up a fight between the rapper and his bodyguard, prosecutors said, adding a criminal investigation had been opened.

Taylor Swift cancellations deal blow to insurers, sources say

Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be cancelled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters. The concerts in Vienna were cancelled this week after a planned attack at the Ernst Happel Stadium. Some 195,000 "Swifties" had been expected to attend, with many travelling from abroad for a chance to see the pop superstar.

Disney rides pair of box office hits into D23 fan convention

Walt Disney, which reclaimed the top of the summer box office with Pixar animation's "Inside Out 2" and Marvel's raunchy "Deadpool & Wolverine," is set to announce details of coming films at its D23 fan convention on Friday. The company touted the strength of its movies during an investor call this week, marking a return to form after losing its place as the highest-grossing Hollywood studio in 2023.

Iraqi teen held in Vienna after Taylor Swift attack plot foiled

An 18-year-old Iraqi national was detained in Vienna in connection with investigations into an alleged plot to attack a Taylor Swift concert in the Austrian capital, Austria's interior minister said on Friday. The Iraqi comes from the same circle as the main suspect, a 19-year-old Austrian with North Macedonian roots, Interior Minister Gerhard Karner said.

Netflix teams up with CBS Sports to produce Christmas Day NFL games

Paramount Global owned CBS Sports will produce the two National Football League (NFL) games set to be aired on Netflix on Christmas Day this year, the video streaming platform said on Friday. CBS has the broadcast rights for over-the-air television in the competing-team cities while NFL+, league's live streaming service, will show the games on mobile devices in the United States.

Swifties heartbroken after concerts cancelled due to foiled attack

Taylor Swift fans grappled with sorrow, anger and disbelief on Thursday after the singer's three Vienna concerts were abruptly cancelled, following the government's announcement that security officials had uncovered a planned attack at the venue. A total of some 195,000 "Swifties" had been expected for the concerts at Vienna's Ernst Happel Stadium, with many having travelled from abroad for a chance to see the pop superstar live.

Blake Lively finds passion and pressure in 'It Ends With Us' adaptation

Serving fans of Colleen Hoover's best-selling novel "It Ends With Us" was at the heart of bringing the book to the big screen, actress Blake Lively says. At the London premiere of the romantic drama on Thursday, Lively said that turning the novel into a film, was "a great responsibility, but also an opportunity."

Banksy unleashes animals on London, but what do they mean?

A goat, two elephants, three monkeys and one wolf. Four Banksy murals which have appeared in London this week have left many pondering the meaning behind the elusive street artist's latest work.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)