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Shares fall after streaming pioneer says it will stop disclosing subscriber numbers and shift focus to viewer engagement
...But reaching more households meant building expensive towers to carry its signal, an investment the brass at Time Inc were reluctant to make....
Streaming service will screen flagship programme as part of a 10-year agreement
David Ellison’s Skydance is negotiating for a stake in holding company National Amusements
The asset manager’s acquisition of GIP is premised on an expectation of further incentives to invest
Warner needs sci-fi epic to repeat success of ‘Barbie’ after several flops and big declines in its TV business
Streaming pioneer says it is starting 2024 with ‘momentum’ as legacy Hollywood studios struggle to catch up
Plan to aggregate games offered by groups’ TV networks comes amid cord-cutting and soaring costs
Tie-ups and cuts on menu as Disney, Warner, Comcast and Paramount seek new ways to keep up
Interest from Skydance and other bidders could split shareholders in studio behind ‘The Godfather’
Co-CEO Ted Sarandos said the move is aimed at ending an ‘environment of mistrust’
...FBI director Christopher Wray this week said ByteDance was “beholden” to the Chinese government, although TikTok has denied claims that Beijing has control over the app....
A deal could combine CNN and CBS while letting the indebted media groups cut streaming costs
Talent agency boss has seen rivals CAA and UTA earn richer valuations since his IPO
...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
...“While Tesla has real issues to contend with, we believe the company’s long-term upward trajectory remains intact,” said Christopher Tsai of Tsai Capital, which holds Tesla stock....
‘What is Hollywood without its icons?’ asks co-CEO Ted Sarandos even while ruling out ‘trying to preserve the economics of exhibition’
Streaming service announces price rise and beats forecasts with 9mn new customers
Comcast, Paramount and Warner Bros also follow IBM in pulling back amid concerns about antisemitic content
Industry contending with shrinking budgets races to make up for lost time ahead of crucial season
...“Elon is hedging his bets,” said Christopher Tsai, chief investment officer at Tsai Capital, a Tesla investor....
‘Suits’ and ‘Ballers’ find new audiences but licensing costs may squeeze streamer’s margins
...BioNTech [also] doesn’t have any other products so it’s a lot of cash to have to pay,” said Christopher Sharp, an IP lawyer at Pinsent Masons....
...Picking up the baton from the Oscars-festooned Christopher Nolan and his three-hour epic Oppenheimer is filmmaker Brian Knappenberger....
Tech giant prioritises cinemas over streaming as it pushes deeper into Hollywood
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