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Media veteran Bronfman raises bid for Paramount takeover to $6 bn, source saysVeteran media executive Edgar Bronfman has increased his bid to acquire Paramount Global, now offering $6 billion for its controlling share...
Snap misses revenue estimate, shares plunge 30%Meta's advertising sales surged 25% in the December quarter. Google's ad business grew 11% as ad sales from YouTube increased 16% in the sa...
Rupert Murdoch's retirement raises the curtain on his last actRupert Murdoch's decision to step back from day-to-day oversight of his media empire paves the way for his son, Lachlan, to take control. H...
Disney+ Hotstar loses 12.5 million subscribers; CEO sheds light on 'strategic' options for TV businessDisney+ has witnessed a decline in subscribers for the third consecutive quarter, reportedly because of the loss of streaming rights to the...
Upskilling startup GetSetUp onboards former Barclays MD Ashwini Kapila to drive businessGetSetUp was founded in 2019 to create economic, social, and educational opportunities for older adults
Spotify's podcast bet lures users, boosts adsSpotify reported fourth-quarter revenue above analysts' estimates on Wednesday, fueled by a surge in ad sales from a big investment in newe...
AT&T to spin off WarnerMedia in tie-up with DiscoveryWhen the deal is finalized, AT&T will receive $43 billion and AT&T's shareholders will take stock representing 71 percent of the new compan...
Facebook ad boycott campaign to go global, organizers saySince the campaign launched earlier this month, more than 160 companies, including Verizon Communications and Unilever Plc, have signed on ...
Donald Trump is angry at Twitter, on Twitter. It's great for businessFor years the San Francisco-based company has been under pressure to enforce its content rules against Trump. This week, for the first time...