Walt Disney: Walt Disney incurs $2b+ goodwill impairment charge linked to Star India in 2nd quarter

Mumbai: Walt Disney has incurred charges totalling more than $2 billion for goodwill impairments linked to Star India and entertainment linear networks during the second quarter ended March 31.The US entertainment giant, which has signed a merger deal with Mukesh Ambani’s Reliance Industries Limited (RIL), has recorded a $1.3 billion non-cash goodwill impairment charge related …

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digital platforms: Kill Joy: Licensing issues disrupt digital content consumption

Paromita Deb Areng is frustrated with the content consumption experience on digital platforms. Recently, someone told her that the sound in one of her Instagram Reels was not working. Areng, a beauty products consultant from Pune, had used a trending audio clip from Instagram’s music library to enhance her video’s reach. “Instagram offered to replace …

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NFL Black Friday game Jets vs Dolphins on Amazon Prime, not on TV

Jacob Kupferman | Getty Images The Miami Dolphins and the New York Jets face off in the National Football League’s first ever Black Friday game this week — but it’s not going to be the usual broadcast or cable offering. The game will stream exclusively on Amazon’s Prime Video. The NFL’s decision to start a …

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Netflix gears up to increase prices again, report claims

Netflix is planning to increase the cost of its ad-free tiers, a new report claims. The subscription rates are expected to go up a few months after the actors strike has been settled, according to sources who spoke to the Wall Street Journal. The higher rates will reportedly affect customers in the U.S. and Canada …

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