Disney plans to buy 21st Century Fox for $52 billion. The deal would give Disney access to a giant pool of content, just in time for the "Magic Kingdom" to take on Netflix and Amazon in the streaming industry.
Rob Marvin, Associate Features Editor at PCMag, explains what the Disney-21st Century Fox deal could mean for the digital media landscape. He says Netflix is too big to fail, but this deal would give Disney a major advantage in the streaming space.
ESPN also stands to benefit from the deal. If the deal goes through, Disney would then own Fox Sports and its various subsidiaries. Disney is planning on launching a new streaming service specifically focused on sports. ESPN Plus is supposed to launch in 2018.
As if there weren't enough streaming platforms to choose from, Paramount+ and Showtime are giving customers another option to consider.
Snap Inc. saw shares plummet in after-hours trading after reporting a loss in the latest quarter and forecasting lower first-quarter revenue.
Oatly has launched climate footprint labels on its products in North America.
Athletes are looking to get a competitive edge over their opponents through the use of technology as competition gets stiffer.
Boeing has officially bid farewell to its 747 jet, with the final one leaving the factory on Tuesday in Washington.
McDonald's saw increased customer traffic in the latest quarter, which drove results.
General Motors issued an upbeat forecast for 2023 after reporting strong quarterly results, citing high demand.
Vivian Tu, CEO and founder of Your Rich BFF Media, influencer and personal finance expert, joined Cheddar News to provide personal finance tips for millennials and Gen Z'ers to build wealth.
Labor officials are accusing Apple executives of rules intended to coerce employees, according to Bloomberg.
Nike is collaborating with Tiffany for a new sneaker that's reportedly coming out in the spring for $400.
