David Faber

John Malone on AI, Starlink, business simplification and the changing media landscape https://t.co/PVdIgYZC20 Annual Malone interview.

https://t.co/mT8p4CuaKf

FTC scores a big win as judge grants preliminary injunction to stop Tapestry's purchase of Capri.Court finds that "accessible-luxury handbags are distinct from mass market and true luxury."

LVMH sales not good led by 5% decline in Fashion & Leather and 7% sales decline at Wines & Spirits. Overall organic revenue down 3%. Second big miss today for large European company after ASML missed. Conf. call on-going.

RT @Mets: https://t.co/9jnpdsWKNh

Smartsheet deal is done. $56.50 a share in cash. Blackstone and Vista Equity the buyers as has been reported. Announcement imminent. $SMAR

RT @NBCOlympics: WOW! Kenneth Rooks just won SILVER in the men’s 3000m steeplechase in a STUNNER. 🤯 #ParisOlympics https://t.co/PIM2gcvY47

And it's back! Sources tell me the addition of $200m in payment for NAI and stronger language on indemnification got Shari Redstone to support the Skydance deal for $Para she previously rejected. Now the deal goes back to the board's spec'l com for its approval.

Larry Ellison's net worth has increased by over $17b this morning on $ORCL move- more than twice the value of the entire equity check Skydance and RedBird were writing to take control of $PARA

RT @SquawkStreet: .@davidfaber has the latest on Paramount's potential merger with Skydance. https://t.co/hHeWw5fRsU

First earthquake. Hope it’s the last.

The news on $EDR is a deal by Silverlake to acquire the company not an offer. But waiting on the release.

Couple of thoughts on WSJ report that $CI and $HUM are in talks about a combination. Two large $CI holders tell me they would vote against any CI purchase of HUM given disparities in multiple (CI at 10x, HUM at 16X) and resulting dilution. Perhaps "combination" means MOE or even

Watch CNBC's full interview with Liberty Media's John Malone on interest rates and industry outlook https://t.co/e6lFGUytNE My complete interview with John Malone. If you’ve got one hour and eleven minutes to spare it’s worth your time.

My first six month renewal (note the lawyer). Thirty years later I'm still at it (thankfully without 6 month cycles). I am grateful for all your wonderful expressions of support today on X which reminded me how lucky I am to be working for what is unquestionably the best https://t.co/2fD0F2Bbg6

WGA negotiating committee tells members it has reached tentative agreement in principal on new contract. Calls deal "exceptional" in delivering meaningful gains and protections. Leadership vote on new deal scheduled for Tuesday. Members have been told, while strike not officially

After face to face meeting today, writers and producers near agreement to end WGA strike. Met today and hope to finalize deal tomorrow, according to people close to the negotiations, who, while optimistic, warn that without deal tomorrow strike likely continues through year end.