Hints and tips:
...Two people who attended the meeting said the fund, Pershing Square USA, could raise as much as $20bn. A spokesperson for Pershing Square declined to comment....
...“First Apple and now this . . . television, cable and satellite companies will struggle to respond”....
...Disney Plus added 14.4mn subscribers in the most recent quarter, blowing past estimates and pulling ahead of Netflix in total subscribers. Now Third Point is back....
...(MgmtCo is how SoftBank describes Masa’s Delaware-incorporated MASA USA LLC vehicle.)...
...Big US media stocks have fallen on average by 35 per cent since the start of the year, compared with a 13 per cent decline in the S&P 500 index, resulting in total losses of $380bn in market capitalisation...
...It involved an unsuccessful attempt to buy what was then the country’s largest cable company, Time Warner Cable....
...Total US newspaper circulation (print and digital) dropped 6 per cent again last year and is now half of 2007 levels....
...So four years from now, total [TV] viewers will be 15-20 per cent lower.”...
...Cable players such as Comcast and Charter, which have acquired spectrum in recent auctions, may have also pushed up prices according to analysts....
...Beaumont also brought in Kay Koplovitz, a friend and former chief executive of the USA Network cable television company, to the Athena board....
...The other big news was about British used car website Cazoo, which raised another £240m, meaning it has now raised a total of £450m, despite having been around for just two years....
...In the US, data usage via the cable company Comcast is up 32 per cent nationwide, and by over 60 per cent in locked-down cities....
...Forget about influencing the public and elections via cable television or donations to specific politicians....
...There might also be parallels with the profusion of niche cable television channels in the 1990s — and the bout of consolidation that followed....
...Late on Friday the rebranded Virgin Trains USA filed preliminary documentation for an initial public offering to fund its expansion and list on Nasdaq....
...Alphabet considered selling the business before appointing Mr Marwaz, a technologist from the cable television industry....
...CBS, a leader in US free-to-air television, and Viacom, a cable television provider, are now in merger discussions. The effect could be seismic: total value of the six companies involved tops $700bn....
...Apollo, which owns 8.5 per cent of Athene, has arranged to manage Athene’s assets, which now total $80bn....
...Altice USA adjusted earnings surged 18.9 per cent to $1.04bn, or €885m, as revenue rose 3.2 per cent to $2.33bn, or €1.97bn....
...For example, we expect cable operators Charter and Altice USA to launch MVNO-based wireless services over the next 2-4 quarters, and for Verizon to launch residential broadband services using 5G wireless...
...Last week, Deutsche Telekom’s T-Mobile USA agreed a takeover of close rival Sprint, owned by Japan’s SoftBank....
...Netflix reported 53m domestic streaming customers at the end of the last quarter, which is still significantly behind IHS’s calculation that total pay-TV homes stand at roughly 95m....
...Deloitte, KPMG and McKinsey top the table by total number of medals — they each won star ratings in 29 sectors and services, the maximum....
...The US saw the biggest increase in private equity transactions with a 52 per cent rise in deals led by buyout funds, accounting for a total of $46.4bn so far this year....
...A surge in cable news viewing drove an 18 per cent jump in Americans' total news consumption last year, according to a study from Nielsen, the research group....
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