Media
Comcast will likely sell Hulu stake to Disney at the beginning of 2024, CEO Roberts says
Ted Soqui | Corbis | Getty Images Comcast will likely sell its 33% stake in Hulu to Disney at the beginning of 2024, Comcast Chief Executive Brian Roberts said Tuesday. Comcast and Disney struck a deal in 2019 that allowed Disney the option to buy out Comcast’s minority stake in 2024. That deal set a […]
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CNN’s CEO stands by Trump town hall but acknowledges production weaknesses, sources say
Chris Licht, Chairman and CEO, CNN Worldwide speaks onstage during the Warner Bros. Discovery Upfront 2022 show at The Theater at Madison Square Garden on May 18, 2022 in New York City. Dimitrios Kambouris | Getty Images Nearly a week after CNN’s town hall with Donald Trump, CEO Chris Licht has acknowledged internally there are […]
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EU approves Microsoft’s $69 billion acquisition of Activision Blizzard, clearing key hurdle
Microsoft emblem is witnessed on a smartphone put on displayed Activision Blizzard’s game titles character. Dado Ruvic | Reuters European Union regulators on Monday accredited Microsoft’s proposed $69 billion acquisition of gaming company Activision Blizzard, subject matter to therapies made available by the U.S. tech large. The European Fee, the EU’s govt arm, said that […]
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A new firm desires to give you a absolutely free Television set, in trade for generally exhibiting you adverts
A new startup named Telly wants to place free of charge, twin-monitor televisions in client households, supported by the sale of anonymized details and normally-on adverts. Telly, launched by Pluto Television co-founder Ilya Pozin, introduced Monday that it really is opening an original waitlist for 500,000 totally free ad-supported televisions. The 55-inch 4K televisions will […]
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Here’s what media giants face as they try to charm advertisers this week
Los Angeles, CA – May 02: WGA members take a selfie before heading to the picket line on the first day of their strike in front of Paramount Studios in Hollywood on May 2, 2023. The union were unable to reach a last minute-accord with the major studios on a new three-year contract to replace […]
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Vice Media data files for bankruptcy to help sale to loan companies including Soros and Fortress
Vice Media places of work screen the Vice logo in Venice, California. Mario Tama | Getty Illustrations or photos The moment a digital media darling, Vice Media Group on Monday filed for personal bankruptcy protection right after many years of monetary problems. A consortium of Vice’s loan companies which consists of Fortress Investment decision, Soros […]
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Europe can take goal at ChatGPT with what may shortly be the West’s first A.I. regulation. This is what it implies
Privately held firms have been remaining to create AI technology at breakneck pace, providing increase to devices like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Visuals A essential committee of lawmakers in the European Parliament have approved a 1st-of-its-type synthetic intelligence regulation — producing it nearer to starting to be […]
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Fanatics to invest in PointsBet’s U.S. assets for about $150 million, sources say
Fanatics brand is noticed on the dugout wall before the sport between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photograph by Justin Berl/Getty Visuals) Justin Berl | Getty Pictures Fanatics has agreed to acquire the U.S. operations of PointsBet, marking the sports giant’s initially big […]
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NBCUniversal ad main Linda Yaccarino resigns as resources say she’s in talks to be Twitter CEO
Linda Yaccarino, chairman of promoting and partnerships at NBC Universal Media LLC, speaks for the duration of a panel session on the opening working day of the Earth Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 23, 2018. Jason Alden | Bloomberg | Getty Photos NBCUniversal global promotion chief Linda Yaccarino has resigned, the […]
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Netflix’s $2.5 billion financial commitment in Korean articles appeals to audiences around the world
Younghee, the giant robot doll from Netflix thriller “Squid Game,” exhibited at the Olympic Park in Seoul, South Korea. “Squid Game” was a world achievement and stays Netflix’s most-watched clearly show of all time. Chung Sung-jun | Getty Pictures Netflix is shelling out $2.5 billion on Korean information and sees chances beyond the Asian region, […]
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