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Reliance, Disney offer concessions to win antitrust nod for India media merger, sources say

RPT-EXCLUSIVE-Reliance, Disney offer concessions to win antitrust nod for India media merger, sources say Repeats story that ran earlier on Tuesday, with no changes Reliance, Disney to create $8.5 bln India entertainment powerhouse Antitrust scrutiny rising, firms offer to sell some TV channels Reliance, Disney stand firm on cricket rights they own-sources Companies previously argued merger not anti-competitive By Aditya Kalra NEW DELHI, Aug 13 (Reuters) - Reliance RELI.NS and Walt Disney DIS.N
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Reliance, Disney offer concessions to win antitrust nod for India media merger, sources say

EXCLUSIVE-Reliance, Disney offer concessions to win antitrust nod for India media merger, sources say Reliance, Disney to create $8.5 bln India entertainment powerhouse Antitrust scrutiny rising, firms offer to sell some TV channels Reliance, Disney stand firm on cricket rights they own-sources Companies previously argued merger not anti-competitive By Aditya Kalra NEW DELHI, Aug 13 (Reuters) - Reliance RELI.NS and Walt Disney DIS.N have offered to sell some channels to win faster antitrust appr
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Film 'Daughters' takes viewers to daddy-daughter dance in prison and beyond

Film 'Daughters' takes viewers to daddy-daughter dance in prison and beyond By Hanna Rantala LONDON, Aug 12 (Reuters) - "Daughters", a documentary about young girls and their incarcerated fathers, is both a healing tool for its subjects and a change-maker for communities, its directors say. The feature film follows four young Black girls; Aubrey, Santana, Razia and Ja'Ana, as they prepare for and participate in a father-daughter dance behind bars.
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Netflix teams up with CBS Sports to produce Christmas Day NFL games

Netflix teams up with CBS Sports to produce Christmas Day NFL games Aug 9 (Reuters) - Paramount Global PARA.O owned CBS Sports will produce the two National Football League (NFL) games set to be aired on Netflix NFLX.O on Christmas Day this year, the video streaming platform said on Friday. CBS has the broadcast rights for over-the-air television in the competing-team cities while NFL+, league's live streaming service, will show the games on mobile devices in the United States.
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Netflix Taps CBS Sports To Produce Its Christmas NFL Games - WSJ

BRIEF-Netflix Taps CBS Sports To Produce Its Christmas NFL Games - WSJ Aug 9 (Reuters) - Netflix Inc NFLX.O : NETFLIX TAPS CBS SPORTS TO PRODUCE ITS CHRISTMAS NFL GAMES - WSJ Source : https://tinyurl.com/yddym58v Further company coverage: NFLX.O
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Algonquin Power & Utilities Corp, Mahindra & Mahindra Aug 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Canada's Algonquin Power & Utilities Corp AQN.TO said that it is selling its renewable energy business, excluding hydropower operations, to a unit of LS Power for up to $2.5 billion.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Britain's largest investment platform Hargreaves Lansdown agreed to a 5.4 billion pound ($6.9 billion) takeover by an international consortium, which is betting on grabbing market share in the competitive UK wealth market.
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News Corp considers selling Australia pay TV and streaming unit

UPDATE 5-News Corp considers selling Australia pay TV and streaming unit Adds shares in paragraph 10 By Byron Kaye and Rishav Chatterjee SYDNEY, Aug 8 (Reuters) - Rupert Murdoch's News Corp NWSA.O said it may sell Australian cable TV and streaming unit Foxtel after receiving an approach, a deal that would end its involvement in a high-overhead asset that has struggled to adapt to the Netflix NFLX.O era.
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News Corp considers selling Australia pay TV and streaming unit

UPDATE 5-News Corp considers selling Australia pay TV and streaming unit Adds shares in paragraph 10 By Byron Kaye and Rishav Chatterjee SYDNEY, Aug 8 (Reuters) - Rupert Murdoch's News Corp NWSA.O said it may sell Australian cable TV and streaming unit Foxtel after receiving an approach, a deal that would end its involvement in a high-overhead asset that has struggled to adapt to the Netflix NFLX.O era.
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Trade Desk forecasts quarterly revenue above estimates on strong ad demand

Trade Desk forecasts quarterly revenue above estimates on strong ad demand Aug 8 (Reuters) - The Trade Desk TTD.O forecast third-quarter revenue above analysts' estimates on Thursday, signaling strong demand for automated ad-buying technologies from connected TV companies, sending the ad tech firm's shares up 5% in extended trading. The ad-buying platform offers advertisers access to a vast network of publishers and media partners across industries, allowing them to precisely target ad campaigns
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Immovable TV empire calls for irresistible force

BREAKINGVIEWS-Immovable TV empire calls for irresistible force The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Aug 8 (Reuters Breakingviews) - Warner Bros Discovery WBD.O boss David Zaslav has lost the benefit of any doubt. To belatedly commemorate the recent two-year anniversary of the mega-merger that created the TV empire, he delivered shareholders a $9 billion impairment on the networks.
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Warner Bros Discovery writes down TV assets by $9 bln amid uncertainty over fees, sports rights renewals

UPDATE 6-Warner Bros Discovery writes down TV assets by $9 bln amid uncertainty over fees, sports rights renewals Adds CFO comment, details and background on content in paragraphs 4 9-11, 15, 16 By Harshita Mary Varghese and Akash Sriram Aug 7 (Reuters) - Warner Bros Discovery WBD.O said on Wednesday it wrote down the value of its TV assets due to the uncertainty of fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in extended trading.
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Warner Bros Discovery misses quarterly revenue estimates

Warner Bros Discovery misses quarterly revenue estimates Aug 7 (Reuters) - Warner Bros Discovery WBD.O missed Wall Street expectations for quarterly revenue on Wednesday, hurt by a studio slump after its highly anticipated film "Furiosa: A Mad Max Saga" had a weak box-office run. The media giant reported revenue of $9.71 billion in the second quarter on Wednesday, compared to analysts' estimate of $10.07 billion , according to LSEG data.
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Disney exhibits anxiety in more ways than one

BREAKINGVIEWS-Disney exhibits anxiety in more ways than one The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Aug 7 (Reuters Breakingviews) - Walt Disney DIS.N boss Bob Iger’s primary responsibility is to keep the virtuous circle spinning. The feedback loop of popular characters, blockbuster movies, hit TV shows, theme parks and merchandise are what power the $160 billion entertainment conglomerate.
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Amazon Prime Video plots Hollywood expansion

FOCUS-Amazon Prime Video plots Hollywood expansion By Dawn Chmielewski and Greg Bensinger Aug 7 (Reuters) - When Mike Hopkins was approached about leading Amazon AMZN.O Prime Video, his view of the streaming service matched one held widely in Hollywood -- it was nothing more than a perk for subscribers of the online retailer’s two-day delivery service.
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Disney up after raising prices for streaming services

BUZZ-Disney up after raising prices for streaming services ** Shares of Walt Disney DIS.N rise 2.9% to $90.37 ** From Oct.17, Disney+ subscription with no ads will be $15.99 monthly which was previously $13.99 ** Disney+, the streaming home for Disney, Pixar, Marvel movies, will also add continuous playlists to its core subscription on-demand offering in the U.S.
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Snap shares plummet as weak outlook intensifies ad competition fears

UPDATE 1-Snap shares plummet as weak outlook intensifies ad competition fears Adds graphic, analyst comment in paragraph 7; Updates shares By Deborah Mary Sophia Aug 2 (Reuters) - Shares of Snap SNAP.N slumped 22% on Friday, after a dour forecast from the Snapchat parent reinforced Wall Street's worries that the company would continue to cede business to bigger rivals amid intense competition in the advertising space.
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Roku's quarterly revenue beats estimates on ad strength

UPDATE 3-Roku's quarterly revenue beats estimates on ad strength Adds analyst comments in paragraph 6, details from letter in paragraph 4, 9 By Akash Sriram and Harshita Mary Varghese Aug 1 (Reuters) - Roku ROKU.O beat Wall Street estimates for second-quarter revenue and posted smaller-than-expected loss on Thursday, benefiting from strong ad sales and the ongoing shift from cable TV to streaming platforms.
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Roku reports quarterly revenue above estimates

Roku reports quarterly revenue above estimates Aug 1 (Reuters) - Roku ROKU.O beat Wall Street estimates for second-quarter revenue on Thursday, benefiting from strong ad sales and the ongoing shift from cable TV to streaming platforms. The company posted net revenue of $968.2 million for the second quarter, compared with analysts' average estimate of $937.9 million , according to LSEG data.
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T-Mobile lifts subscriber addition target on demand for premium bundled plans

UPDATE 3-T-Mobile lifts subscriber addition target on demand for premium bundled plans Adds executive comment in paragraph 6, details from release in paragraph 13 By Harshita Mary Varghese July 31 (Reuters) - T-Mobile US TMUS.O raised its full-year forecast for monthly bill-paying phone subscriber additions, after s eeing more customers than expected in the second quarter on strong demand for its discounted unlimited plans that include streaming perks.
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