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Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025

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The best way to get investors to stop focusing on something is to stop telling them at all.Netflix said Thursday it will no longer report quarterly membership numbers and average…

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Disney versus Nelson Peltz vote hinges on Vanguard, State Street, institutional investors

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Bob Iger and Nelson Peltz.CNBCIn 2015, Nelson Peltz's Trian Partners was defeated in an activist campaign against chemical firm DuPont, largely because the top three institutional shareholders voted against his…

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Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share

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Ariel Emanuel, Chief Executive Officer, Endeavor, at the New York Stock Exchange, April 29, 2021.Source: NYSEPrivate equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings…

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Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight

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Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort's Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai,…

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Disney beat back activist investor Nelson Peltz. Now the real work begins

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Bob Iger, CEO, Disney at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, IdahoDavid A. Grogan | CNBCDisney shareholders overwhelmingly voted to keep the…

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Skydance’s unique offer for Paramount Global would give it a large stake while keeping the company public

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Skydance Media's offer to acquire National Amusements and merge its studio with Paramount Pictures isn't a conventional takeover. The question for Paramount Global shareholders might be: Is it better than…

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Disney wins proxy fight against activist investor Nelson Peltz, as shareholders reelect full board

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(L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock…

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Two Warner Bros. Discovery directors resign after antitrust probe

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The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in…

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ESPN’s model is eroding. Past and present execs are split on how it can protect its dominance

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Disney's ESPN is at a crossroads.For more than 40 years, the world's largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less…

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Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners

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Bob Chapek, chief executive officer of Disney, speaks at the 2022 Disney Legends Awards during Disney's D23 Expo in Anaheim, California, Sept. 9, 2022.Mario Anzuoni | ReutersIn his first public…