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The 21st Century Fox head says the media conglomerate has no plans to offer direct-to-consumer services such as CBS All Access, preferring to embrace the wave of multichannel streaming platforms.
Lions Gate looks to 'maximize' its investment in the premium cable channel through an offering or sale after taking on $2.9 billion in debt in connection with the Starz deal.
Donald Trump continues to berate 'the media,' further fueling a rebound in newspaper stocks.
The media company on Thursday announced a deal with the NFL allowing CBS's streaming service to broadcast the highly-sought after football games.