The people in charge of the world's biggest media firms are setting the stage for a flurry of deal-making. The moguls are orchestrating corporate maneuvers that could usher in a sweeping reordering of the media industry in 2025.
Among them are the leaders of Warner Bros. Discovery, the parent firm of CNN; Comcast, the owner of NBC; and John Malone, the influential investor behind Live Nation. In addition, Paramount, the owner of MTV and Nickelodeon, could soon have a new owner in David Ellison, who has access to billions of dollars in capital that could be used to strike additional deals.
Esta historia es de la edición December 14, 2024 de Financial Express Chennai.
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Esta historia es de la edición December 14, 2024 de Financial Express Chennai.
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Better late than never
The retail frenzy for SME IPOs and rising cases of frauds forced Sebi's hand
Riksbank cuts rate by 25 bps, Brazil cenbank raises outlook
SWEDEN'S RIKSBANK ON Thursday lowered its benchmark interest rate by 25 basis points and signaled its easing campaign is likely to be wrapping up with one cut left to deploy.
BoJ holds rates too
THE BANK OF Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending the yen and bond yields tumbling on fresh doubts over the near-term chances of a rate hike.
Bought for billions, selling for peanuts
M&A DEALS SLOWLY PICKING UP
US Congress has two days to avert shutdown after Trump rejects Bill
THE US CONGRESS has two days to avert a partial government shutdown after Republican President-elect Donald Trump rejected a bipartisan deal late on Wednesday and demanded lawmakers also raise the nation's debt ceiling before he takes office next month.
Re breaches 85 mark
THE RUPEE ENDED at another all-time low of ₹85.08 to a dollar on Thursday, after touching a low of ₹85.09, as the US Federal Reserve's forecast of fewer rate cuts pushed the dollar index to a two-year high.
Dalal Street joins global sell-off
JOINING THE GLOBAL equity sell-off following the US Federal Reserve's hawkish surprise of fewer rate cuts in 2025, benchmark indices fell 1% on Thursday, marking their fourth consecutive session of decline.
Barclays strategist sees it falling further to 87 by next year end
The rupee ended at another all-time low of ₹85.08 to a dollar on Thursday, after touching a low of ₹85.09, as the US Federal Reserve's forecast of fewer rate cuts pushed the dollar index to a two-year high.
Silver lining for Dr Reddy's
Share prices jump over 4% on upgrade by Nomura
Currencies tumble, few attempt rebound
THE DOLLAR SLIPPED on Thursday, a day after surging to a two-year peak after the Federal Reserve rocked markets by signalling a much slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan (BOJ) stood pat on rates.