For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.
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In 2024, legacy media giants like Disney and NBCUniversal finally had enough with cable — and started making their own off-ramps.
Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.
On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.
As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.
It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.