Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal carved out for Amazon Prime Video, according to a person familiar with the matter."In...
Category: News
Activist Elliott reportedly has a significant stake in Starbucks, in talks with management
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company's share price, the Wall Street Journal reported Friday, citing people familiar with the matter.Representatives for Elliott...
With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its investors.In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros....
Delta says the Olympics will cost it $100 million as travelers skip Paris
The Paris 2024 logo, representing the Olympic Games is displayed near the Eiffel Tower three months prior to the start of the Paris 2024 Olympic and Paralympic games on April 21, 2024 in Paris, France. Chesnot | Getty ImagesFor more than 10,000 Olympic athletes, making it to Paris this summer is...
It suddenly looks like there are too many homes for sale. Here’s why that’s not quite right
Anyone out shopping for a home today knows there is still precious little for sale.The housing market is just beginning to come out of its leanest few years in history. Inventory of both new and existing homes is finally rising, but there is something suddenly strange in the numbers: The...