Warner Bros Discovery Inc
NBA sends media terms to Warner Bros. Discovery, officially starting five-day match period
Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals at TD Garden in Boston on June 17, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images With National Basketball Association media rights approaching final form, Warner Bros. Discovery is […]
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Stocks making the biggest moves midday: D.R. Horton, Domino’s Pizza, Infosys and more
Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on revenue of $9.61 billion. The […]
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Stocks making the biggest moves premarket: Domino’s, Warner Bros. Discovery, United Airlines and more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares plunged more than 13% on the company’s mixed second-quarter results. Domino’s posted $4.03 earnings per share, topping an LSEG estimate of $3.68 per share. However, revenue came in line with estimates at $1.1 billion. U.S. comparable store sales also grew slightly less […]
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Media, tech titans head for Sun Valley with streaming alliances top of mind
A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks […]
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Paramount agrees to merge with Skydance, ending monthslong negotiations and Redstone era
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global has agreed to merge with Skydance, capping off a monthslong negotiation, in a deal that would see the Redstone family step away from control of the storied movie studio and media company. Paramount’s […]
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Shares generating the major midday moves: Tesla, Polestar, Paramount Global and much more
Test out the providers earning headlines in midday investing: Tesla — Tesla surged approximately 9% after the electrical automobile company claimed stronger-than-anticipated second-quarter deliveries. The Elon Musk-led organization sent 443,956 cars, though analysts polled by StreetAccount envisioned deliveries of 439,000. The determine confirmed a 4.8% decline from a year ago but was 14.8% previously mentioned […]
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Stocks generating the largest moves premarket: Tesla, CrowdStrike, Paramount International, Atlassian and a lot more
Check out the firms making headlines in premarket buying and selling. Tesla – The electrical auto inventory declined 1.5% just before the bell, following a 6% jump through Monday’s session as the business is slated to report next-quarter supply quantities Tuesday morning. Atlassian Company — Shares highly developed almost 2% adhering to an upgrade to […]
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CNBC Each day Open up: ‘Roaring Kitty’ receives chewed up
Traders function on the ground of the New York Inventory trade throughout morning trading on Nov. 10, 2023 in New York Town. Michael M. Santiago | Getty Visuals What you want to know these days This report is from present-day CNBC Day-to-day Open up, our worldwide markets e-newsletter. CNBC Everyday Open up delivers buyers up […]
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Paramount is hunting for a streaming partner, could kick off a wave of deals
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is holding talks with other entertainment companies about merging its Paramount+ streaming service with an existing platform. If it reaches a deal, it may kick off a new wave of streaming partnerships that […]
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YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of […]
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