In recent days, Netflix co-CEO Ted Sarandos has been out there spinning the “disciplined winner” narrative harder than a late-night infomercial. Just after the company walked away from its $83 billion Warner Bros. Discovery bid in late February, it’s been full tilt damage control. The stock had already slumped roughly 30% during the bidding war. […]
The post Netflix Working to Rebuild Wall…
GoPro says it is formally reviewing strategic options, including a potential sale or merger, marking a potentially major turning point for one of the most recognizable brands in modern imaging.
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More than 4,000 Hollywood insiders recently signed a letter blasting Paramount’s planned $111 billion merger with Warner Brothers, noting that the massive consolidation will be very historically harmful to labor, consumers, and creatives. That’s a very correct observation, especially as it relates to Warner Brothers, which has never been involved in a merger that didn’t result in […]
Sen. Elizabeth Warren (D-MA) is being criticized for praising the blocking of a merger that might have saved now defunct Spirit Airlines.
The post ‘Shame on You’: Elizabeth Warren Blasted for Praising Blockage of Merger That Might Have Saved Spirit Airlines appeared first on Breitbart.
Neera Tanden, a former aide for former President Joe Biden, pointed out that people should question whether the Biden administration's DOJ "stopping" the merger between JetBlue Airlines and Spirit Airlines was "the right call," as Spirit Airlines ceased all operations.
The post Former Biden Aide Neera Tanden Questions if Biden DOJ ‘Stopping JetBlue Merger’ with Spirit Airlines Was ‘Right Call’…
PESHAWAR: A tribal gathering convened by Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Saturday decided that a jirga will be formed to hold talks with the federal government and other stakeholders on drone attacks in the province.
In the past few days, CM Afridi has condemned “persistent drone attacks” in KP, even hinting at introducing legislation to criminalise collateral damage in such…
The digital audio industry could be heading toward one of its biggest shake-ups in recent years. Two of the biggest companies in America’s audio market, iHeartMedia and SiriusXM have reportedly entered early merger talks. This appears to signal a potential consolidation that could reshape how millions of listeners consume music, radio, and podcasts. iHeart Media […]
The post iHeartMedia and…
ISLAMABAD: The path for the launch of 5G in Gilgit-Baltistan (GB) has been cleared as policy directives for trials have been approved, with four telecommunication operations expected to begin testing soon.
The GB Council, chaired by Prime Minister Shehbaz Sharif, has approved the summary to launch 5G test trials in the region; the approval is expected to be received by the telecom sector…
A U.K. watchdog has thrown a spanner into the proposed $3.7 billion merger between Getty Images and Shutterstock after it said the latter needed to sell its editorial business.
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(RNS) — A storied New York Reform synagogue sold its property to an Iranian yeshiva. There is more to the story than meets the eye.
More than 1,000 top Hollywood professionals ranging from Glenn Close to Denis Villeneuve have signed off on a new letter opposing the merger between Larry Ellison’s Paramount/CBS and Warner Brothers, warning that the massive $111 billion deal will result in unprecedented layoffs at a time when Hollywood, and American consumers, are already reeling from layoffs […]
ISLAMABAD: The Pakistan Telecommunications Authority (PTA) has granted technical approval for the merger of Telenor Pakistan and Ufone, and the Pakistan Stock Exchange (PSX) will be informed of the development on Tuesday.
Since the Pakistan Telecommunication Company Ltd (PTCL) is a listed company and Ufone is its key subsidiary, the company secretary will inform the PSX that Ufone was…
Who cares about the merger when YouTube just became the largest media company in the world? Good news: The new normal is here.
Ted Hope helped build the modern independent film movement. Now he’s confronting what it means to watch the system that sustained it disappear.
You might recall that Paramount and CBS had only just started to lay off workers in the wake of the merger with David Ellison’s Skydance. Now, after Ellison (or more accurately his dad and the Saudis) dramatically overpaid for Warner Brothers ($111 billion plus numerous incentives), the overall debt load at the company is so […]
Scale financed by debt operates differently and Hollywood is about to find out how.
A U.K. watchdog has raised preliminary concerns about the supply of editorial content in the proposed merger between U.S. photo agencies Getty Images and Shutterstock, while giving the green light to its impact on the broader global market for stock imagery.
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Bitcoin Standard Treasury Company, known as BSTR, has entered into a definitive agreement to go public through a merger with Cantor Equity Partners I, a special-purpose acquisition company listed under the ticker CEPO. Cantor is run by Brandon Lutnick, son of Trump’s U.S. Commerce Secretary, Howard Lutnick.
The firm, backed by cryptography expert Adam Back, aims to establish itself as a major…
Warner Bros. Discovery is reportedly considering reopening negotiations with Paramount amid its hostile takeover bid, according to Bloomberg, which could ignite a second bidding war between Paramount and Netflix. Members of the WBD board are discussing whether Paramount’s enhanced offer could result in a superior deal compared with the company’s existing agreement with Netflix, Bloomberg’s Read…
So we’ve been noting how the Trump administration has been helping Larry Ellison wage war on Netflix’s proposed merger with Warner Brothers. Not because they care about antitrust (that’s always been a lie), but because they want Larry Ellison to be able to dominate media and create a safe space for unpopular right wing ideology. […]
Much of Vermont’s $150 million ARPA-based broadband package went toward assisting CUDs