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Netflix's ex-film head Stuber ties with Amazon MGM to revive United Artists

Netflix's ex-film head Stuber ties with Amazon MGM to revive United Artists July 26 (Reuters) - Amazon MGM Studios has entered a multi-year film partnership with Scott Stuber, the former longtime head of films at Netflix NFLX.O , to finance and release movies from his new production company, it said on Friday. Stuber, who left Netflix in March to start his media company, will produce several films annually under United Artists (UA), a relaunched label that once operated under MGM.
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Vivendi posts H1 growth helped by Lagardère consolidation, Havas

Vivendi posts H1 growth helped by Lagardère consolidation, Havas By Olivier Cherfan and Gianluca Lo Nostro July 25 (Reuters) - French media conglomerate Vivendi VIV.PA reported a 39.3% rise in first-half adjusted operating profit to 619 million euros ($672.30 million) on Thursday, helped notably by consolidation of the publishing group Lagardère and growth in advertising business Havas.
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Disney, Warner Bros launch streaming bundle with ad-free plan for $30/month

Disney, Warner Bros launch streaming bundle with ad-free plan for $30/month July 25 (Reuters) - A streaming bundle comprising Disney+, Hulu and Max services will be available in the United States from Thursday for a monthly price of $16.99 with ads, and $29.99 without ads, parent companies Walt Disney DIS.N and Warner Bros Discovery WBD.O said. The bundle, plans for which were announced in May , would help customers save up to 38% compared to the cost of signing up for each of the streaming serv
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High earnings bar, Harris polling bump

MORNING BID AMERICAS-High earnings bar, Harris polling bump A look at the day ahead in U.S. and global markets from Mike Dolan Wall St has suddenly become a tough crowd to please. Much like last week's cool market reception for decent earnings beats from streamer Netflix NFLX.O or chipmaker TSMC 2330.TW , Alphabet's GOOGL.O surprisingly muscular second quarter left its stock down 2% overnight - and even the artificial intelligence theme didn't wow the gallery.
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Netflix co-founder Hastings gives $7 mln to pro-Harris PAC, source says

Netflix co-founder Hastings gives $7 mln to pro-Harris PAC, source says LOS ANGELES, July 23 (Reuters) - Netflix NFLX.O co-founder Reed Hastings has donated $7 million to a super PAC that supports Vice President Kamala Harris' run for U.S. president, a source close to Hastings said on Tuesday. The source was confirming a report published by The Information earlier in the day.
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Netflix taps Epic Games' Alain Tascan as president of games- Variety

MEDIA-Netflix taps Epic Games' Alain Tascan as president of games- Variety -- Source link: https://tinyurl.com/3te47d7k -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Comcast misses quarterly revenue estimates on weak studio, theme park business

UPDATE 3-Comcast misses quarterly revenue estimates on weak studio, theme park business By Harshita Mary Varghese July 23 (Reuters) - Comcast CMCSA.O missed estimates for second-quarter revenue on Tuesday as the U.S. telecom and media firm had fewer movie releases during the period, while attendance at its theme parks stayed low, sending its shares down 5%.
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Megacaps report, Harris in frame, China wobbles

MORNING BID AMERICAS-Megacaps report, Harris in frame, China wobbles A look at the day ahead in U.S. and global markets from Mike Dolan Monday's Wall Street bounce saw some relief precede the first two earnings reports from the "Magnificent 7" megacap stocks, while U.S. Vice President Kamala Harris looked set to replace Joe Biden as Democrat candidate for November's White House race.
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Warner Bros falls as brokerage lowers PT; reports say NBA deal deadline approaching

BUZZ-Warner Bros falls as brokerage lowers PT; reports say NBA deal deadline approaching ** Shares of media giant Warner Bros Discovery WBD.O fall 3.8% to $8.35 ** MoffetNathanson lowers price target to $10 from earlier $11; new PT represents a 15.3% upside to WBD's last closing price ** Brokerage says video consumer spending has stopped growing and may even begin to shrink against a backdrop of high inflation ** "Influx of ad dollars into the digital video ecosystem has had a subsidizing/deflat
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Verizon hit by prepaid subscriber exodus after internet subsidy ends

UPDATE 3-Verizon hit by prepaid subscriber exodus after internet subsidy ends Adds share movement of telecom operators in paragraph 4, analyst quote in paragraph 5 By Harshita Mary Varghese July 22 (Reuters) - Verizon Communications VZ.N missed quarterly revenue estimates on Monday as fewer people upgraded their phones, while its prepaid wireless subscribers fell sharply after a federal internet subsidy ended, sending its shares down more than 6%.
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Verizon's customizable plans drives more subscriber additions than expected

Verizon's customizable plans drives more subscriber additions than expected July 22 (Reuters) - Verizon Communications VZ.N added more wireless subscribers than expected in the second quarter, it reported on Monday, boosted by strong demand for its flexible plans that also have streaming services, including Netflix and Disney+, at discounted prices. The telecom firm said it added 148,000 net monthly bill-paying wireless phone subscribers from April to June, beating analysts' estimates of 127,870
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U.S. stocks weekly: Tech wreck

RPT-BUZZ-U.S. stocks weekly: Tech wreck Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX breaks two-week winning streak, loses 2% as tech selloff weighs .N ** Indeed, SPX waves a quick goodbye to this week's record highs ** Both S&P 500 and Nasdaq .IXIC , down 3.7%, suffer biggest weekly percentage drops since the mid-Apr market lows, though Dow .DJI posts 0.7% gain, ends over 40k ** U.S.
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India sends 100 antitrust queries for Reliance, Disney $8.5 bln merger, sources say

India sends 100 antitrust queries for Reliance, Disney $8.5 bln merger, sources say Reliance, Disney creating entertainment powerhouse Antitrust watchers predicted intense scrutiny of deal India antitrust body queries on sports rights, YouTube market Companies tell watchdog YouTube key player in market-sources By Aditya Kalra NEW DELHI, July 22 (Reuters) - India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets mer
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U.S. stocks weekly: Tech wreck

BUZZ-U.S. stocks weekly: Tech wreck ** S&P 500 .SPX breaks two-week winning streak, loses 2% as tech selloff weighs .N ** Indeed, SPX waves a quick goodbye to this week's record highs ** Both S&P 500 and Nasdaq .IXIC , down 3.7%, suffer biggest weekly percentage drops since the mid-Apr market lows, though Dow .DJI posts 0.7% gain, ends over 40k ** U.S.
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Wall St ends volatile session lower in aftermath of global tech outage

US STOCKS-Wall St ends volatile session lower in aftermath of global tech outage Cybersecurity stocks rise after outage Intuitive hits record high after quarterly results beat Travelers Companies weighs on Dow Indexes down: Dow 0.93%, S&P 0.71%, Nasdaq 0.81% Adds market details after close of trading By Stephen Culp NEW YORK, July 19 (Reuters) - U.S.
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Wall St ends volatile session lower after global tech outage

US STOCKS-Wall St ends volatile session lower after global tech outage Cybersecurity stocks rise after outage Intuitive hits record high after quarterly results beat Travelers Companies weighs on Dow Updates to market close By Stephen Culp NEW YORK, July 19 (Reuters) - U.S. stocks extended their slump on Friday as lingering chaos related to a global technical outage caused by a software glitch added uncertainty to an already-anxious market.
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Wall St extends slump after global tech glitch, S&P 500, Nasdaq headed for weekly losses

US STOCKS-Wall St extends slump after global tech glitch, S&P 500, Nasdaq headed for weekly losses Cybersecurity stocks rise after outage Intuitive hits record high after quarterly results beat Travelers Companies weighs on Dow Indexes down: Dow 0.95%, S&P 0.73%, Nasdaq 0.85% Updates to 2:33 p.m. EDT By Stephen Culp July 19 (Reuters) - U.S. stocks added a third straight day to their sell-off on Friday as lingering chaos related to a global technical outage caused by a software glitch added uncer
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U.S. STOCKS Schlumberger, Western Alliance, Huntington Bancshares

BUZZ-U.S. STOCKS ON THE MOVE-Schlumberger, Western Alliance, Huntington Bancshares Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped on Friday, deepening a sell-off driven by tech stocks and mixed earnings, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike's shares.
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Wall Street falters, CrowdStrike slumps on global tech outage

US STOCKS-Wall Street falters, CrowdStrike slumps on global tech outage For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Cybersecurity stocks rise after outage Intuitive hits record high after quarterly results beat Travelers Companies weighs on Dow Indexes down: Dow 0.90%, S&P 0.42%, Nasdaq 0.41% Updated at 11:58 a.m.
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U.S. STOCKS Hawaiian Electric, Serve Robotics, Schlumberger

BUZZ-U.S. STOCKS ON THE MOVE-Hawaiian Electric, Serve Robotics, Schlumberger Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell on Friday, deepening a sell-off driven by tech stocks and mixed earnings, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike's shares to an over two-month low.
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