Business
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Netflix Shares Jump 5% as Streamer Eyes $1 Trillion Market Cap
The company is looking to double its revenue, triple its operating income and grow its subscriber base to around 410 million by the end of 2030, per The Wall Street Journal
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Will Trump’s Tariff Tirade Upend TV Upfronts? | Analysis
The White House’s trade policies are adding a new layer of caution and uncertainty for Madison Avenue ahead of Hollywood’s annual presentations to advertisers in May
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Available to WrapPRO members
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Netflix’s ‘Zero Day’ Added $146 Million to New York Economy
The production supported over 2,000 local cast and crew, per data released by the streamer and the Motion Picture Association
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Tariffs Push US CEO Confidence to Multi-Year Low in April, Survey Finds
Sixty-two percent of the 329 chief executives and business owners surveyed by Chief Executive Group expect a slowdown or recession in the next six months
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Business
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Apple Enjoys Wall Street Boost After 145% China Tariff Exemption
The world’s most valuable company has regained much of the $1 trillion that was shaved from its valuation following President Trump’s “liberation day” tariffs announcement
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Chris Cuomo Calls Out ‘Extremely Suspicious’ Trades Moments Before Trump’s Tariffs Pause | Video
Members of Congress should not be able to trade stocks, period,” the NewsNation host says. “This smells bad”
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Wall Street Inches Higher Even as China Ups Its Tariff on American Goods to 125%
“We are doing really well on our tariff policy,” President Trump insists as media and tech stocks open Friday to mixed results
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Warner Bros. Discovery CEO David Zaslav’s 2024 Pay Rises to $51.9 Million
The package marks a 4.5% increase from $49.7 million in 2023
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Warner’s John Malone Named Chair Emeritus, Won’t Seek Board Re-Election
“The partnership and friendship we’ve built over more than 30 years has been one of the true joys of my career,” Warner Bros. Discovery president and CEO David Zaslav says
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Judge Backs Sony in ‘Jeopardy!’, ‘Wheel of Fortune’ Distribution Rights Legal Fight
CBS says it plans to immediately appeal the decision
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Slate PR Partners Split, Dissolve Firm to Form New Ventures
Stephen Huvane, Simon Halls, Robin Baum and Andy Gelb launched Apex Public Relations on Thursday
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Prada Buys Versace for $1.39 Billion
Capri Holdings sells the Italian fashion staple for $750 million less than it bought it for in 2018
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Stocks Sink After Record Rally as Trump Promises ‘More Great Days Coming’
Warner Bros. Discovery and Roku take big hits a day after posting big gains, with the three major indexes all dropping more than 2.23% in early trading
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Amazon CEO Andy Jassy Warns Consumers Could End Up Footing the Bill Over Tariffs | Video
“We’ll have to see how it all plays out, but if you made me guess, I’m guessing that sellers will pass that cost on,” the exec says
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China to ‘Moderately Reduce’ Number of US Film Imports in Response to Tariffs
Marvel’s “Thunderbolts*” had been given the green light to play in the world’s second-largest film market
