Tag Archives: Media

Bloomberg AT&T Merges Media Assets With Discovery in $130 Billion Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link

The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link

(Bloomberg) — AT&T Inc. is in talks to combine its media business with Discovery Inc. in a deal that would create a new entertainment powerhouse, according to people with knowledge of the matter, a surprising move for a company that spent $85 billion to acquire the assets less than three years ago. A deal could be announced as soon as this week, said the people, who asked not to be identified because the information is private. The idea is to combine Discovery’s reality-TV empire with… Source link

Prince Harry and Meghan Markle are making big moves to expand their business empire — one year after exiting the royal family. Riding the momentum from a blockbuster televised interview, the couple made several announcements this week, including a new partnership with Proctor and Gamble (PG), the same company a young Meghan Markle called out over sexist ads 28 years ago.  The multi-year, global initiative was publicized through the couple’s Archewell Foundation, and is set to “focus on… Source link

Earlier this month, in what many consider the copyright case of the decade, the Supreme Court released its much-anticipated decision in Google v. Oracle. In it, the Court ruled that Google’s copying of 11,500 lines of declaring code from Java SE for use in Google’s Android platform, was fair use. Having recently reviewed the history of the fair use defense in copyright infringement cases, we now turn to the case itself. Background of Google v. OracleBefore Sun Microsystems (now… Source link

If you have Google’s new streaming dongle, you can seamlessly continue watching a movie or show on the tablet after pressing pause on the TV—handy if you’re moving from the living room to bed—though this might not work with all streaming apps. Entertainment Space does lean into short-form content more heavily though, including YouTube shorts and Twitch streams. Of course, Google also presents content it thinks you’ll enjoy based on your viewing history, likes, and other data. You can even… Source link

Remember the ‘90s? Photo: Laura Cavanaugh/2015 Getty Images On Tuesday, Verizon announced that it would be selling Yahoo and AOL. On the latest Pivot podcast, Kara Swisher and Scott Galloway discuss why it was never logical for the telecom giant to dabble in media and whether Yahoo was sold for less than it’s actually worth. Kara Swisher: Verizon… Source link

Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others By Andrew Cohen May 3, 2021 Fantasy sports app Underdog Fantasy has raised $10 million from a group of investors that includes Dallas Mavericks owner Mark Cuban, Brooklyn Nets star Kevin Durant, Detroit Lions quarterback Jared Goff, and ESPN’s Adam Schefter.   The round was led by angel investor Kevin Carter, who is an advisor at SV Angel, and included investments from music stars such… Source link

Verizon is exiting the media business. The telecom giant is selling Yahoo, AOL and the remainder of its Verizon Media brands to the private equity firm Apollo Global Management in a $5 billion deal announced Monday. The new company will be called Yahoo and will continue to be run by CEO Guru Gowrappan. Verizon will retain a 10 percent stake in the new company, and LionTree, which served as the lead financial advisor on the transaction, will also be an investor alongside… Source link

The headquarters of media broadcaster/publisher Seven West Media in Sydney, Australia February 14, 2017. Picture taken February 14, 2017. REUTERS/Jason Reed Australian television and newspaper firm Seven West Media Ltd (SWM.AX) signed multi-year content deals with Facebook Inc (FB.O) and Google as tough new media laws enabled the industry to secure new revenue sources and adapt to the internet age. The top-rating free-to-air broadcaster and publisher of Perth city’s main metro daily said on… Source link