Hints and tips:
...“Management has been very focused on cost efforts,” said Laurent Yoon, an analyst at Bernstein. “And the challenge here is having to grow profitably in new markets that will require investments....
...Earnings before interest, tax, depreciation and amortisation rose 2 per cent to £7.6bn in 2021, slightly above analyst expectations, in part due to cost management....
...“The real headline in 2022 is how much money has been allocated to the platforms for content,” said John Sloss, partner at law firm Sloss Eckhouse Dasti Haynes and head of Cinetic Media, a talent management...
...The same issues are coming to the fore in local TV broadcasting, which may be on a similar trajectory because of the rise of streaming....
...A version of this article was first published by Nikkei Asia on November 16. ©2021 Nikkei Inc. All rights reserved....
...They noted that the company had to double its annual expenditures to keep its rights for broadcasting National Football League games....
...Bewkes asked AT&T management if they had enough money to properly invest in a global streaming service, which would entail years of losses, according to a person briefed on the discussions....
...The latter deal, struck in May, will split WarnerMedia into a new media company run by Discovery’s management and majority owned by AT&T’s shareholders....
...Sotheby’s management team arrived at the company just a few months before the pandemic struck, following a change in ownership....
...EW Scripps is to acquire ION Media for $2.65bn in a deal supported by Warren Buffett’s Berkshire Hathaway, marking the latest round of consolidation in the broadcasting industry....
...If you are a market leader in CRM [customer relationship management], frankly this is an opportunity to accelerate growth....
...A hedge fund darling crashes to earth The satellite operator Intelsat was once famed for broadcasting Neil Armstrong’s 1969 walk on the moon. Its fall back down to earth has been painful....
...This remaking of Japan Inc rests on a critical structural shift: the changing role of banks....
...casino group had its £2.9bn bid recommended by William Hill’s board following a private auction kicked off by an initial approach for the 83-year-old bookie from the US private equity firm Apollo Global Management...
...Apple’s acquisition of the NextVR broadcasting platform last week seems designed for a device still a couple of years away....
...A US-based asset manager has launched a campaign to urge one of Japan’s largest media groups, Tokyo Broadcasting System, to offload its substantial array of noncore holdings to improve returns for shareholders...
...Viewers who receive their signal via Dish Network have already lost access to more than a dozen stations that were formerly owned by Northwest Broadcasting, after the expiry of a key contract prompted the...
...His hedge fund Elliott Management has disclosed a stake in the software company SAP, the troubled healthcare and agriculture conglomerate Bayer and the online classifieds group Scout24, this year alone....
...A version of this article was first published by the Nikkei Asian Review on January 15 2020. @2020 Nikkei Inc....
...Facebook has been criticised for Facebook Live, its online broadcasting tool, which has been used to stream live and uncensored footage of police shootings and suicides....
...BlackRock is the industry’s biggest player, helping boost its assets under management to almost $7tn....
...David Levy, chief executive of WarnerMedia’s Turner Broadcasting, is also set to leave, while Kevin Tsujihara, head of the Warner Bros film studio, is expected to stay....
...Nexstar outbid a number of interested companies and private equity groups in the auction for Tribune, including Apollo Global Management....
...It has made him something of a bellwether, so for a Japanese broadcasting industry in crisis, bereft of ideas and increasingly awash with brokers’ sell recommendations, his recent shift into global projects...
...And he added: “We see no evidence that . . . new CBS management will be empowered to act independently to sell this company to the highest external bidder.”...
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