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.
The U.S. Federal Trade Commission (FTC) has proposed a rule that would ban the practice of companies forcing workers to sign non-compete clauses in their contracts.
Chris Salgardo, founder and CEO at Atwater, joined Cheddar News to discuss how the company is making men's personal care mainstream. “I think that the simplicity of it is what's really resonated,” he said.
Thanh Nguyen, CEO, and co-founder of OpenComp, joined Cheddar News to discuss salary trends and how to negotiate a raise amid historically high inflation and recent data on compensation.
John Haar, managing director of Swan Private Client Services at Swan Bitcoin, joined Cheddar News to discuss the different forces which affected the price of the cryptocurrency in 2022.
Bed Bath & Beyond on Thursday warned investors that bankruptcy is now on the table, as a turnaround effort begun in the third quarter failed to right the firm's financial ship.
