Social media platform Facebook celebrated its 10th anniversary this week. Pew Research Center reports that 57 percent of American adults and 73 percent of teens 12-17 currently use Facebook, with adult use on the rise. According to Pew, 64 percent of adult users visit the site daily, up from 51 percent in 2010. And while teens’ relationship with Facebook may be complicated and evolving, Pew notes that younger users are not abandoning the site, as some reports have recently suggested. Continue reading Facebook Turns 10 This Week: Pew Releases Survey Results

AllThingsD editors Walt Mossberg and Kara Swisher are leaving News Corp. at the end of the year, and have reportedly completed a deal with NBCUniversal for a news and conference business. Mossberg and Swisher will have majority control over the company while NBCUniversal and another unnamed investor will share one-third of the business, according to an unidentified source. Most of the current AllThingsD staff is expected to join the new holding company. Continue reading Mossberg and Swisher Leaving News Corp. for NBCUniversal

As part of the grand opening of the Interactive Media building at the USC School of Cinematic Arts, filmmakers George Lucas and Steven Spielberg spoke on a panel regarding the future of entertainment. During the discussion, the inevitable landscape of entertainment media was characterized as grim for the majors with rising movie ticket prices and theatrical releases becoming a niche market, as content continues its vast migration to online video-on-demand. Continue reading Industry Vets See Big Future for VOD, Problems for Studios

At this week’s Digital Content NewFronts event in New York, Yahoo announced a new slate of online comedies and lifestyle programs to be available this year. In addition to the original programming, Yahoo has partnered with WWE to create an online wrestling hub scheduled to launch this summer, and will feature select streaming content from Conde Nast Entertainment, ABC News and CNBC. Continue reading Yahoo Announces New Shows and Broadcast Partnerships

Comcast is acquiring General Electric’s 49 percent stake in NBCUniversal. Teamed with Comcast’s initial 51 percent acquisition two years ago, the new $16.7 billion deal will result in the cable operator’s full ownership of the film and television giant. Comcast is taking a bold gamble, particularly when considering the uncertain direction of the entertainment industry in the midst of digital change and the growing success of services from the likes of Netflix and Amazon. Continue reading Comcast to Buy Rest of NBCUniversal from GE in Early Sale