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Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
Comcast said it will separate into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky
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How Roku fits into Fox’s future – and what investors are missing about the deal
Fox’s stock dropped following its announcement that it will acquire Roku for $22 billion. Analysts still think it’s a good deal.
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Paramount-WBD merger wins approval from DOJ, source says
The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.
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CBS fires veteran correspondent Scott Pelley amid turmoil over direction of ’60 Minutes’
CBS News has fired high-profile “60 Minutes” correspondent Scott Pelley amid debate about the direction of the show, a mainstay of the network.
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