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Reuters - 2 days ago

Spotify and Netflix hum different content tunes

BREAKINGVIEWS-Spotify and Netflix hum different content tunes The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Dec 4 (Reuters Breakingviews) - Spotify SPOT.N and Netflix NFLX.O are in the same genre but whistling different tunes. On Monday, the music-streaming business said that it was cutting 17% of its workforce, a measure that video-streaming business Netflix hasn’t yet undertaken en masse.
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Reuters - 2 days ago

Canal+ Group Announces Launch Of New Digital Platform In Netherlands

BRIEF-Canal+ Group Announces Launch Of New Digital Platform In Netherlands Dec 4 (Reuters) - Vivendi SE VIV.PA : CANAL + GROUP ANNOUNCES LAUNCH OF NEW DIGITAL PLATFORM IN NETHERLANDS HAS CREATED A PARTNERSHIP WITH VODAFONEZIGGO FOR ITS SERVICES TO BE AVAILABLE TO OVER 3 MILLION POTENTIAL CLIENTS Further company coverage: VIV.PA (Gdansk Newsroom)
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Reuters - 3 days ago

Morgan Stanley remains cautious on Australia's ARN Media's outlook

BUZZ-Morgan Stanley remains cautious on Australia's ARN Media's outlook ** Analysts at Morgan Stanley say any potential revenue leakage can have a negative impact on ARN Media's A1N.AX earnings before interest, tax, depreciation and amortisation (EBITDA) ** Brokerage retains PT of A$0.80/shr and maintains "underweight" rating ** Analysts say they a
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Reuters - 6 days ago

Sweden's Viaplay to raise cash, restructure debt, shares plunge 82%

UPDATE 5-Sweden's Viaplay to raise cash, restructure debt, shares plunge 82% Plans to raise $380 mln from share sale at deep discount Will write off SEK 2 bln in debt Restructuring of SEK 14.6 bln debt More than 30% of staff laid off Adds shareholder, analyst comments in paragraphs 8-9, 16, updates share price move in paragraph 10 By Marta Frackowiak and Terje Solsvik OSLO, Dec 1 (Reuters) - Viaplay VPLAYb.ST shares tumbled by as much as 82% on Friday as the struggling Swedish streaming group sa
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Reuters - 6 days ago

KKR working on bid for Telecom Italia's submarine cable unit, sources say

KKR working on bid for Telecom Italia's submarine cable unit, sources say TIM, KKR advisers met last week Parties have discussed valuation of 750-800 million euros KKR has until Dec. 5 to complete due diligence By Elvira Pollina MILAN, Nov 30 (Reuters) - KKR KKR.N is working to present a new offer for Telecom Italia's submarine cable unit Sparkle as the U.S fund presses ahead with due diligence on the assets, three sources familiar with the matter said on Thursday.
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