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Paramount-Skydance Deal Sets Stage for More Media Dealmaking
Express News | 'NBA Finalizes TV Deals With ESPN, NBC, Amazon, but TNT Could Still Match: Sources' - The Athletic
Update: Market Chatter: Warner Bros. Discovery's CNN to Trim About 100 Jobs
(Updates with details throughout.)Warner Bros. Discovery's (WBD) CNN unit will reduce around 100 jobs as part of its plan to consolidate its news operations and boost its digital business, Reuters
Sector Update: Consumer Stocks Higher in Afternoon Trading Wednesday
Consumer stocks were advancing Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.7%.
Sector Update: Consumer
Consumer stocks were advancing Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.
Stocks to Watch Wednesday: Intuit, TSM, Warner Bros., Honeywell -- WSJ
By Anna Hirtenstein Warner Bros. Discovery (WBD): CNN said it would cut about 100 jobs and launch a digital subscription product this year. Shares of Warner Bros., CNN's parent company, fell 2% in