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Netflix shares hit record as subscriber growth defies odds once again
Shares of Netflix soared 13% to an all-time high after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter.
2021
MSNBC Chief Departs After 4 Years At Struggling Network
MSNBC boss Rashida Jones announced that she is leaving the left-leaning network as their ratings continue to plummet and days before President-elect Donald Trump is set to take office, according to a company statement released Tuesday.
Abril Elfi
Comcast Announces $7B Spin Off Of Cable Channels MSNBC, CNBC, USA
Comcast has officially announced a plan to spin off cable channels, including MSNBC, CNBC, USA, E!, and more into a new publicly traded company.
AT&T
AT&T announces $1 bln fiber deal with Corning
AT&T said it had struck a $1 billion multi-year deal with Corning, as the U.S. telecom giant looks to expand its high-speed internet services.
Amazon.com
Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
The NBA rejected an offer from TNT – ending four decades of partnership – and announced new agreements with ESPN, NBCUniversal and Amazon.
Agreements
Comcast pulls Bally Sports channels, imperiling US broadcaster’s restructuring
Comcast stopped broadcasting Bally Sports channels taking some MLB games off the air.
advertising revenue
More than 10 million people have signed up for X in December, CEO says
More than 10 million people have signed up for X in December, X CEO Linda Yaccarino said in a post on the social media platform.
$44 billion
X’s CEO tells staff data will show efforts to fight hate, as advertisers flee
Social media company X CEO Linda Yaccarino told employees that “data will tell the real story” about its efforts to battle antisemitism.
Comcast
Netflix raises prices and adds subscribers, despite strikes
Netflix increased subscription prices for some streaming plans as it shattered expectations for new customers.