Apple buying Disney is unlikely
About 10 years ago, I invented a rule about covering mergers and acquisitions that still hasn’t failed me. Here it is: Will Apple buy [insert company of your choice here]? …
Media
Input prices are going up
A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily …
Warner Bros. Discovery CEO says writers, actors strikes need to end
Warner Bros. Discovery CEO David Zaslav. Olivia Michael | CNBC The media industry is in a transitional moment — from streaming to traditional TV — and the focus needs to …
Inside story of Iger and Chapek
Illustration by Elham Ataeiazar After pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney’s CEO. …
Roku to lay off 10% of workforce, stock jumps
Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …
Comcast, Disney move up deadline to decide Hulu future ownership
Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The timeline to decide Hulu’s ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday. Comcast and …
Football, NFL shift toward streaming, away from regular TV
Aaron Rodgers, #8 of the New York Jets, warms up prior to the game against the New York Giants at MetLife Stadium in East Rutherford, New Jersey, Aug. 26, 2023. …