Business
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Bob Iger Plans to Leverage Epic Games Deal to Build Disney Universe That Lives ‘Side by Side to Fortnite’
“We were really impressed with what Epic had been able to accomplish with ‘Fortnite,’” the CEO said at Tuesday’s Morgan Stanley conference
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Disney CEO Bob Iger ‘Working Hard’ to Avoid Getting Distracted by Activist Investors
“When I get distracted, everybody who works for me gets distracted and that’s not a good thing,” the executive told a Morgan Stanley investor conference on Tuesday
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Facebook, Instagram, Threads See Widespread Outages on Super Tuesday
Meta’s social media platforms go dark simultaneously; YouTube, Discord also experiencing problems
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Colin Firth’s ‘Wet Shirt’ From ‘Pride & Prejudice’ Up for Auction
The iconic costume is one of 69 worn by screen legends from Elizabeth Taylor to Madonna for sale in online charity auction
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Max Password Sharing Crackdown Is Coming, Warner Bros. Discovery Says
The streamer’s paid sharing initiative will launch later this year, with a broader rollout in 2025
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Trian Calls on Disney to Spend More on Lower-Cost Projects, Introduce ‘Streaming Margin’ Incentive for Execs in Long-Awaited White Paper
The activist investor is also calling for the entertainment giant to review the viability of Hulu + Live TV and explore more bundling opportunities
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Fox-Disney-Warner Bros. Discovery Sports App Targeting 5 Million Subscribers in First 5 Years, Lachlan Murdoch Says
The executive adds that he is not “overly concerned” about about the partnership from a regulatory perspective
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‘Duel to the Death’: Fubo CEO Raises Stakes in Disney-Fox-Warner Bros. Discovery Sports Streaming Legal Battle
“This is a very important process. We are sticking to our principles, to our guns,” David Gandler told analysts Friday
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Elon Musk Sues OpenAI, Claims Microsoft Deals Violate Founding Mission
Musk, a founder of the nonprofit behind ChatGPT, says contracts with tech giant show focus on profit rather than “benefit of humanity”
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Bill Weinstein Sues Verve to Be Reinstated as CEO
The former executive claims Bryan Besser and Adam Levine conspired to oust him from the agency they cofounded in 2010
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Disney Grandchildren Praise Bob Iger for Being ‘Faithful’ to Brand’s Magic, Reject Nelson Peltz Board Noms
“These hedge-fund-backed opportunists … have little to no knowledge of what Disney truly means,” a joint letter to shareholders reads
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Oprah Exits Weight Watchers Board After Weight-Loss Medication Use Reveal
The billionaire media titan said she will donate her shares in the company to the National Museum of African American History
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Regulators Probe Whether OpenAI CEO Shuffle Misled Investors
Sam Altman’s short-lived firing under the scrutiny of the Securities and Exchange Commission
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Paramount Global Races to Make Streaming a Profit Center – But the Clock Is Ticking | Analysis
The scale of linear TV losses has stunned Wall Street and Paramount is running out of time to go it alone
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Lionsgate TV Cuts More Than 50% of Overall Deals After Acquiring eOne From Hasbro
The move comes as the company prepares to split from Starz
